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MIDLAND FARMS -AX-

Midland Farms -Ax- is an oil lease in Andrews County, Texas, operated by Fasken Oil and Ranch, Ltd. in the Fasken (Penn.) field.

5 wells

0bbl oil, last 12 months
Operator
Fasken Oil and Ranch, Ltd.
County
Andrews County
Field
Fasken (Penn.)
RRC lease
08-27799

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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

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Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for MIDLAND FARMS -AX-, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Aug 2023, at 14 bbl.Last 12 months: 0 bblbbl per monthmcf per month0052501050015750201,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production and gas for MIDLAND FARMS -AX-, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Aug 2023, at 14 bbl.Last 12 monthsbbl per monthmcf per month0052501050015750201,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of MIDLAND FARMS -AX- gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2023: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of MIDLAND FARMS -AX- gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Nov 23: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    78% · 1,553 mcf

  • Transmission line (2)

    22% · 445 mcf

Who has run this lease

The operator changed 3 times, most recently in Jan 2024

Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Jun 2023; De IV Operating, LLC, Jul 2023 to Dec 2023; Fasken Oil and Ranch, Ltd., Jan 2024 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Jul 2023Changed Jan 2024Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Jun 2023De IV Operating, LLCJul 2023 to Dec 2023Fasken Oil and Ranch, Ltd.Jan 2024 to now
Operators of this lease over timeApache Corporation, Jan 2020 to Jun 2021; Slant Operating, LLC, Jul 2021 to Jun 2023; De IV Operating, LLC, Jul 2023 to Dec 2023; Fasken Oil and Ranch, Ltd., Jan 2024 to Jul 20262020202120222023202420252026Changed Jul 2021Changed Jul 2023Changed Jan 2024Apache CorporationJan 2020 to Jun 2021Slant Operating, LLCJul 2021 to Jun 2023De IV Operating, LLCJul 2023 to Dec 2023Fasken Oil and Ranch, Ltd.Jan 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on MIDLAND FARMS -AX-
API numberWell no.Status
42-003-333431Shut-in
42-003-335052Shut-in
42-003-337193Shut-in
42-003-339765Active
42-003-339774Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Jan 1, 2018
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

484 acres on the newest permit

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Permits for Midland Farms -Ax-
API numberWell no.Acreson the permit
42-003-339765484
42-003-339774484
42-003-337193484
42-003-335052484
42-003-333431484

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

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36 months, newest first

Ledger for MIDLAND FARMS -AX-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Fasken Oil00000$80.46$2.89
Jun 2026Fasken Oil00000$84.81$3.15
May 2026Fasken Oil00000$102.13$2.94
Apr 2026Fasken Oil00000$100.32$2.77
Mar 2026Fasken Oil00000$91.38$3.04
Feb 2026Fasken Oil00000$64.51$3.62
Jan 2026Fasken Oil00000$60.04$7.72
Dec 2025Fasken Oil00000$57.97$4.26
Nov 2025Fasken Oil00000$60.06$3.79
Oct 2025Fasken Oil00000$60.89$3.19
Sep 2025Fasken Oil00000$63.96$2.97
Aug 2025Fasken Oil00000$64.86$2.91
Jul 2025Fasken Oil00000$68.39$3.20
Jun 2025Fasken Oil00000$68.17$3.02
May 2025Fasken Oil08000$62.17$3.12
Apr 2025Fasken Oil00000$63.54$3.42
Mar 2025Fasken Oil00000$68.24$4.12
Feb 2025Fasken Oil00000$71.53$4.19
Jan 2025Fasken Oil021000$75.74$4.13
Dec 2024Fasken Oil0046460$70.12$3.01
Nov 2024Fasken Oil00000$69.95$2.12
Oct 2024Fasken Oil00000$71.99$2.20
Sep 2024Fasken Oil00000$70.24$2.28
Aug 2024Fasken Oil00000$76.68$1.99
Jul 2024Fasken Oil00770$81.80$2.07
Jun 2024Fasken Oil0035350$79.77$2.54
May 2024Fasken Oil0037370$80.02$2.12
Apr 2024Fasken Oil0071710$85.35$1.60
Mar 2024Fasken Oil001061060$81.28$1.49
Feb 2024Fasken Oil001331330$77.25$1.72
Jan 2024Fasken Oil001631630$74.15$3.18
Dec 2023De IV00000$71.90$2.52
Nov 2023De IV0129559550$77.69$2.71
Oct 2023De IV00000$85.64$2.98
Sep 2023De IV00000$89.43$2.64
Aug 2023De IV1404454450$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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This lease belongs to

OperatorFasken Oil and Ranch, Ltd.FieldFasken (Penn.)CountyAndrews County

Fasken Oil and Ranch, Ltd. in Andrews County

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