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MIDLAND AX FEE C

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

1 well

52bbl oil, last 12 months−97% vs prior year
Operator
Chevron U. S. A. Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-49313

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
16 mcf
Oil in Jul 2026
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 8 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 97% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 97% over the last 12 monthsMonthly oil production and gas for MIDLAND AX FEE C, Aug 2023 to Jul 2026. Oil output fell 97% over the last 12 months. 52 bbl in the 12 months through Jul 2026, against 1,928 bbl in the 12 months before.Last 12 months: 52 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 97% over the last 12 monthsMonthly oil production and gas for MIDLAND AX FEE C, Aug 2023 to Jul 2026. Oil output fell 97% over the last 12 months. 52 bbl in the 12 months through Jul 2026, against 1,928 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% 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)
97% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND AX FEE C gas by disposition code each month, Aug 2023 to Jul 2026. 97% 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
97% of the gas went to a processing plant in the last 12 monthsShare of MIDLAND AX FEE C gas by disposition code each month, Aug 2023 to Jul 2026. 97% 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)

    97% · 23,172 mcf

  • Other (5 to 8)

    1.9% · 446 mcf

  • Flared (4)

    0.8% · 186 mcf

  • Transmission line (2)

    0.4% · 97 mcf

0.8% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on MIDLAND AX FEE C
API numberWell no.Status
42-329-4153514HBActive

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 gasGathers100Oct 9, 2017Aug 1, 2025
Chevron U. S. A. Inc.Casinghead gasBuys100Oct 9, 2017Aug 1, 2025
Enterprise Crude Oil LLCOilGathers25Oct 9, 2017Aug 1, 2025
Enterprise Crude Pipeline LLCOilGathers25Oct 9, 2017Aug 1, 2025
Ngl Crude Logistics, LLCOilGathers25Oct 9, 2017Aug 1, 2025
Plains Pipeline L.p.OilGathers25Jun 1, 2024Aug 1, 2025

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

Who buys my oilOil price check

807.60 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for 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 Ax Fee C
API numberWell no.Acreson the permit
42-329-4153514HB807.60

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 AX FEE C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202501000$60.06$3.79
Oct 20251617000$60.89$3.19
Sep 20253432000$63.96$2.97
Aug 20252216160$64.86$2.91
Jul 20252417170$68.39$3.20
Jun 2025404018180$68.17$3.02
May 20255251000$62.17$3.12
Apr 20251717000$63.54$3.42
Mar 20251615000$68.24$4.12
Feb 20251011000$71.53$4.19
Jan 20251516000$75.74$4.13
Dec 202438581081071$70.12$3.01
Nov 20244094121,8361,77918$69.95$2.12
Oct 20244274221,6791,62059$71.99$2.20
Sep 20242482551,1341,1268$70.24$2.28
Aug 20246546563,3713,35214$76.68$1.99
Jul 20247087103,6063,50925$81.80$2.07
Jun 20247327483,5883,46320$79.77$2.54
May 20241,0541,0434,5394,37328$80.02$2.12
Apr 20249139063,9893,88913$85.35$1.60
Mar 20241,0721,1015,0524,92320$81.28$1.49
Feb 20241,3791,3609,6009,45541$77.25$1.72
Jan 20241,5631,56112,58712,199129$74.15$3.18
Dec 20231,7151,74513,07312,669103$71.90$2.52
Nov 20231,5411,49213,98013,56299$77.69$2.71
Oct 20235535356,9026,62456$85.64$2.98
Sep 202309000$89.43$2.64
Aug 20233573784,7684,57519$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

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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