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MUSTANG 120 MIPA UNIT

Mustang 120 Mipa Unit is an oil lease in Midland County, Texas, operated by Permian Deep Rock Oil Co., LLC in the Spraberry (Trend Area) field.

4 wells

186,046bbl oil, last 12 months−13% vs prior year
Operator
Permian Deep Rock Oil Co., LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-51007

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
592,262 mcf
Oil in May 2026
9,857 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 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 13% over the last 12 months

2 months were not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for MUSTANG 120 MIPA UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 131,270 bbl in the 12 months through Jul 2026, against 150,306 bbl in the 12 months before.Last 12 months: 131,270 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for MUSTANG 120 MIPA UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 131,270 bbl in the 12 months through Jul 2026, against 150,306 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
All of the gas went to a processing plant in the last 12 monthsShare of MUSTANG 120 MIPA UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All 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
All of the gas went to a processing plant in the last 12 monthsShare of MUSTANG 120 MIPA UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All 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.

4 wells on this lease

Wells on MUSTANG 120 MIPA UNIT
API numberWell no.Status
42-329-41886H120UHActive
42-329-42366H150UHActive
42-329-45021H120WBActive
42-329-45617H120MXActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Collegiate Midstream LLCOilGathers100Jun 1, 2021–
Enterprise M B Midstream LLCCasinghead gasBuys100Sep 6, 2024–
Collegiate Midstream LLCCasinghead gasGathers100Mar 15, 2019–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100May 1, 2023Sep 6, 2024
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Sep 5, 2018May 1, 2023
Collegiate Midstream LLCOilGathers75Sep 1, 2019Jun 1, 2021
Pilot Travel Centers LLCOilGathers25Sep 1, 2019Jun 1, 2021
Pilot Travel Centers LLCOilGathers100Sep 5, 2018Sep 1, 2019
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Sep 5, 2018Mar 15, 2019

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

Who buys my oilOil price check

99.73 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 99.73 and 244.55 acres. Use the acres from your own division order for the well you are paid on.

  • 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 Mustang 120 Mipa Unit
API numberWell no.Acreson the permit
42-329-45617H120MX99.73
42-329-45021H120WB99.74
42-329-42366H150UH204.96
42-329-41886H120UH244.55

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

Unit decimal checker

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36 months, newest first

Ledger for MUSTANG 120 MIPA UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report filed–––––$80.46$2.89
Jun 2026No report filed–––––$84.81$3.15
May 20269,8579,85776,61676,6160$102.13$2.94
Apr 202610,89710,89768,10368,1030$100.32$2.77
Mar 202611,65611,65638,01138,0110$91.38$3.04
Feb 202610,71310,71332,77532,7750$64.51$3.62
Jan 202612,75512,75553,92253,9220$60.04$7.72
Dec 202513,57813,57855,01555,0150$57.97$4.26
Nov 202514,06314,06353,11353,1130$60.06$3.79
Oct 202514,81514,81537,94137,9410$60.89$3.19
Sep 202512,57712,57739,57839,5780$63.96$2.97
Aug 202520,35920,35959,66559,6650$64.86$2.91
Jul 202530,50430,50447,00147,0010$68.39$3.20
Jun 202524,27224,27230,52230,5220$68.17$3.02
May 202525,56225,56228,70128,7010$62.17$3.12
Apr 202524,25624,25621,79821,7980$63.54$3.42
Mar 20255,6205,62011,54711,4720$68.24$4.12
Feb 20251,2291,2293523520$71.53$4.19
Jan 20252,2202,2204,3894,3790$75.74$4.13
Dec 20243,9473,9478,1078,0940$70.12$3.01
Nov 20246,4276,4276,6866,6750$69.95$2.12
Oct 202410,23810,23816,29616,2720$71.99$2.20
Sep 20248,8688,86813,16313,1630$70.24$2.28
Aug 20247,1637,1636,1526,1430$76.68$1.99
Jul 20246,3826,3824,9034,8950$81.80$2.07
Jun 20246,6076,60710,41510,3990$79.77$2.54
May 20247,1827,1828,1918,1770$80.02$2.12
Apr 20247,6377,6379,3499,3310$85.35$1.60
Mar 20247,3617,3619,3889,3710$81.28$1.49
Feb 20243,8223,8227,5947,5790$77.25$1.72
Jan 20242,6002,6001,8001,7960$74.15$3.18
Dec 20232,2122,2122,8562,8510$71.90$2.52
Nov 20236,9216,9219,8059,7920$77.69$2.71
Oct 202312,94512,94515,57715,5570$85.64$2.98
Sep 202312,81712,81712,95712,9360$89.43$2.64
Aug 202317,24817,24815,39015,3630$81.39$2.58

No report filed

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

OperatorPermian Deep Rock Oil Co., LLCFieldSpraberry (Trend Area)CountyMidland County

Permian Deep Rock Oil Co., LLC in Midland County

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Spraberry (Trend Area) field

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