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Texas oil lease

Producing

MIDLAND 'AV' FEE A

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

2 wells

7,915bbl oil, last 12 months−19% vs prior year
RRC lease
08-48824

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
249,214 mcf
Oil in Jul 2026
633 bbl

Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AV' FEE A, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 7,915 bbl in the 12 months through Jul 2026, against 9,724 bbl in the 12 months before.Last 12 months: 7,915 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for MIDLAND 'AV' FEE A, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 7,915 bbl in the 12 months through Jul 2026, against 9,724 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.5% of the gas in Oct 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Other (5 to 8)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AV' FEE A gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.5% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND 'AV' FEE A gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.5% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Flared 3.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 231,332 mcf

  • Other (5 to 8)

    6.3% · 15,676 mcf

  • Flared (4)

    0.5% · 1,171 mcf

  • Transmission line (2)

    0.4% · 1,035 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

2 wells on this lease

Wells on MIDLAND 'AV' FEE A
API numberWell no.Status
42-329-412321HBActive
42-329-412332HAActive

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 gasGathers100Dec 31, 2016Aug 1, 2025
Chevron U. S. A. Inc.Casinghead gasBuys100Dec 31, 2016Aug 1, 2025
Enterprise Crude Oil LLCOilGathers25Jun 1, 2024Aug 1, 2025
Enterprise Crude Pipeline LLCOilGathers25Jun 1, 2024Aug 1, 2025
Ngl Crude Logistics, LLCOilGathers25Jun 1, 2024Aug 1, 2025
Plains Pipeline L.p.OilGathers25Jun 1, 2024Aug 1, 2025

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

640 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 'Av' Fee A
API numberWell no.Acreson the permit
42-329-412321HB640
42-329-412332HA640

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

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 'AV' FEE A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202663370423,61621,241120$80.46$2.89
Jun 20261,1301,09828,95525,859126$84.81$3.15
May 20261,3451,29433,41630,877169$102.13$2.94
Apr 202641446013,92011,72141$100.32$2.77
Mar 202690684521,71919,69655$91.38$3.04
Feb 202628227912,64911,38642$64.51$3.62
Jan 202620222312,96411,95789$60.04$7.72
Dec 202562062018,99017,90678$57.97$4.26
Nov 202572173021,51920,758151$60.06$3.79
Oct 202579077819,64519,310135$60.89$3.19
Sep 202551650719,76119,72635$63.96$2.97
Aug 202535636022,06021,930130$64.86$2.91
Jul 202549349825,59325,317276$68.39$3.20
Jun 202565664930,76630,471295$68.17$3.02
May 202562162826,63326,416217$62.17$3.12
Apr 202586486825,31025,131179$63.54$3.42
Mar 202573573023,99223,814178$68.24$4.12
Feb 202568477119,21319,096117$71.53$4.19
Jan 20251,3711,31335,73235,463269$75.74$4.13
Dec 20241,0531,03127,38827,079309$70.12$3.01
Nov 202470071835,09334,019346$69.95$2.12
Oct 202494595333,80432,6141,190$71.99$2.20
Sep 202479276227,70427,523181$70.24$2.28
Aug 202481082027,06026,905114$76.68$1.99
Jul 20241,0291,03024,89024,226172$81.80$2.07
Jun 20241,0401,04324,44923,593138$79.77$2.54
May 20241,0661,06423,92923,052148$80.02$2.12
Apr 20241,1471,14223,64023,04279$85.35$1.60
Mar 20241,4981,51526,24525,576104$81.28$1.49
Feb 20241,3651,32321,75321,42492$77.25$1.72
Jan 202460660413,57913,159139$74.15$3.18
Dec 202360864912,49112,10599$71.90$2.52
Nov 20231,2401,23318,63818,081132$77.69$2.71
Oct 20231,4351,47621,13320,281172$85.64$2.98
Sep 20231,6921,63329,92128,651138$89.43$2.64
Aug 20231,1281,11324,59923,60699$81.39$2.58

Flared above 3%

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

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Nearby

Spraberry (Trend Area) field

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