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Texas oil lease

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MUSTANG 140 MIPA UNIT

Mustang 140 Mipa Unit is an oil lease in Midland County, Texas, operated by Permian Deep Rock Oil Co., LLC in the Spraberry (Trend Area) field.

2 wells

152,436bbl oil, last 12 months+43% vs prior year
RRC lease
08-58054

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
441,407 mcf
Oil in May 2026
9,899 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 rose 43% over the last 12 months

2 months were not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 43% over the last 12 monthsMonthly oil production and gas for MUSTANG 140 MIPA UNIT, Aug 2023 to Jul 2026. Oil output rose 43% over the last 12 months. 118,052 bbl in the 12 months through Jul 2026, against 82,547 bbl in the 12 months before.Last 12 months: 118,052 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 43% over the last 12 monthsMonthly oil production and gas for MUSTANG 140 MIPA UNIT, Aug 2023 to Jul 2026. Oil output rose 43% over the last 12 months. 118,052 bbl in the 12 months through Jul 2026, against 82,547 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 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 140 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 140 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.

2 wells on this lease

Wells on MUSTANG 140 MIPA UNIT
API numberWell no.Status
42-329-45026H140WBActive
42-329-45619H140MXActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Collegiate Midstream LLCOilGathers100Sep 21, 2022–
Enterprise M B Midstream LLCCasinghead gasBuys100Sep 6, 2024–
Collegiate Midstream LLCCasinghead gasGathers100Sep 21, 2022–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100May 1, 2023Sep 6, 2024
Enterprise Products Operating LLCCasinghead gasBuys100Sep 21, 2022May 1, 2023

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

99.73 acres on the newest permit

  • 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 140 Mipa Unit
API numberWell no.Acreson the permit
42-329-45619H140MX99.73
42-329-45026H140WB99.73

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

Estimate your royalty

36 months, newest first

Ledger for MUSTANG 140 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 20269,8999,89918,85618,8560$102.13$2.94
Apr 20269,4519,45127,59427,5940$100.32$2.77
Mar 202610,29910,29933,49933,4990$91.38$3.04
Feb 20269,6549,65433,35633,3560$64.51$3.62
Jan 202611,21811,21850,52650,5260$60.04$7.72
Dec 202511,94111,94151,55051,5500$57.97$4.26
Nov 202512,36912,36949,76849,7680$60.06$3.79
Oct 202513,95013,95042,41942,4190$60.89$3.19
Sep 202514,24414,24441,40741,4070$63.96$2.97
Aug 202515,02715,02735,72335,7230$64.86$2.91
Jul 202517,50717,50734,63634,6360$68.39$3.20
Jun 202516,87716,87722,07322,0730$68.17$3.02
May 202513,95313,95318,61318,6130$62.17$3.12
Apr 20253,2203,22013,18713,1870$63.54$3.42
Mar 20251,1421,1425,2235,1890$68.24$4.12
Feb 202500000$71.53$4.19
Jan 20251,8991,89914,65414,6220$75.74$4.13
Dec 20244,0884,08830,44230,3940$70.12$3.01
Nov 20244,2424,24229,94129,8940$69.95$2.12
Oct 20245,2935,29334,64534,5950$71.99$2.20
Sep 20246,3806,38036,93136,9310$70.24$2.28
Aug 20247,9467,94636,11836,0640$76.68$1.99
Jul 20249,4959,49532,39132,3350$81.80$2.07
Jun 202410,56510,56533,49133,4380$79.77$2.54
May 20247,1977,19714,44814,4240$80.02$2.12
Apr 20241,5121,5122,3972,3920$85.35$1.60
Mar 20247707702,0972,0930$81.28$1.49
Feb 20244744741,0991,0970$77.25$1.72
Jan 20249079074224210$74.15$3.18
Dec 20234,4504,4504,2944,2860$71.90$2.52
Nov 202314,24314,24340,89340,8380$77.69$2.71
Oct 202315,31315,31335,16935,1230$85.64$2.98
Sep 202314,46614,46626,94926,9050$89.43$2.64
Aug 202316,57916,57921,82921,7910$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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