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Producing

MIDLAND 'AC/AF' FEE 4

Midland 'Ac/Af' Fee 4 is an oil lease in Midland County, Texas, operated by Chevron U. S. A. Inc. in the Spraberry (Trend Area) field.

2 wells

3,801bbl oil, last 12 months−31% vs prior year
Operator
Chevron U. S. A. Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-46689

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
30,517 mcf
Oil in Jul 2026
477 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AC/AF' FEE 4, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 3,801 bbl in the 12 months through Jul 2026, against 5,499 bbl in the 12 months before.Last 12 months: 3,801 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AC/AF' FEE 4, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 3,801 bbl in the 12 months through Jul 2026, against 5,499 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Transmission line (2)
  • Other (5 to 8)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AC/AF' FEE 4 gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AC/AF' FEE 4 gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 35,136 mcf

  • Other (5 to 8)

    3.7% · 1,356 mcf

  • Transmission line (2)

    0.2% · 83 mcf

  • Flared (4)

    0.2% · 70 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on MIDLAND 'AC/AF' FEE 4
API numberWell no.Status
42-329-395424HBActive
42-329-4070714HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers20Aug 1, 2025–
Enterprise Crude Oil LLCOilGathers20Aug 1, 2025–
Enterprise Crude Pipeline LLCOilGathers20Aug 1, 2025–
Ngl Crude Assets and Mktg, LLCOilGathers20Aug 1, 2025–
Plains Pipeline L.p.OilGathers20Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasBuys50Aug 1, 2025–
Energy Transfer CompanyCasinghead gasBuys50Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasGathers50Aug 1, 2025–
Energy Transfer CompanyCasinghead gasGathers50Aug 1, 2025–
Chevron U. S. A. Inc.Casinghead gasGathers100Apr 12, 2015Aug 1, 2025
Chevron U. S. A. Inc.Casinghead gasBuys100Apr 12, 2015Aug 1, 2025
Chevron U. S. A. Inc.OilGathers15Jun 13, 2024Aug 1, 2025
Energy Trans Crude Marketing LLCOilGathers15Jun 13, 2024Aug 1, 2025
Energy Transfer Crude Oil Co,llcOilGathers20Jun 13, 2024Aug 1, 2025
Enterprise Crude Oil LLCOilGathers15Jun 13, 2024Aug 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

1,292.72 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Midland 'Ac/Af' Fee 4
API numberWell no.Acreson the permit
42-329-4070714HA1,292.72
42-329-395424HB1,292.72

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Chevron Corporation told investors it received

Chevron U. S. A. Inc. is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MIDLAND 'AC/AF' FEE 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264774716055434$80.46$2.89
Jun 20261561601681492$84.81$3.15
May 20262772888527839$102.13$2.94
Apr 20265655653,4262,8886$100.32$2.77
Mar 20265805646,9626,3247$91.38$3.04
Feb 20268996000$64.51$3.62
Jan 202619719311100$60.04$7.72
Dec 202518518235330$57.97$4.26
Nov 2025899522210$60.06$3.79
Oct 20252632715,2615,17928$60.89$3.19
Sep 20254574537,9667,9642$63.96$2.97
Aug 20254664745,2095,2045$64.86$2.91
Jul 20256106106,1286,1217$68.39$3.20
Jun 20257187255,8965,8915$68.17$3.02
May 20257937853,0723,0675$62.17$3.12
Apr 20254344208528484$63.54$3.42
Mar 20251601631581571$68.24$4.12
Feb 20253233231,5371,5361$71.53$4.19
Jan 20252282261,0641,0595$75.74$4.13
Dec 20242262261,0641,0613$70.12$3.01
Nov 20242322318958761$69.95$2.12
Oct 20242332474314310$71.99$2.20
Sep 20247437476,5096,5063$70.24$2.28
Aug 20247997848,5168,5003$76.68$1.99
Jul 20242482498228042$81.80$2.07
Jun 20243753852,4302,3562$79.77$2.54
May 20247537574,8344,67610$80.02$2.12
Apr 20249739748,1687,9818$85.35$1.60
Mar 20241,2941,2849,2349,0277$81.28$1.49
Feb 20247247117,9747,86424$77.25$1.72
Jan 20241121121,4741,43212$74.15$3.18
Dec 202381821,1021,0715$71.90$2.52
Nov 20231411611,8391,78710$77.69$2.71
Oct 20236486488,3007,98547$85.64$2.98
Sep 202378478210,2879,86730$89.43$2.64
Aug 20239961,0125,6405,41520$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorChevron U. S. A. Inc.FieldSpraberry (Trend Area)CountyMidland County

Chevron U. S. A. Inc. in Midland County

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Spraberry (Trend Area) field

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