Video · 65 seconds · captions on

Midland County in 60 seconds (Texas)

Name: Midland County in 60 seconds (Texas)
Uploaded: 2026-09-30
Duration: 1 min 5 s
Description: Midland County, Texas in 60 seconds: 240 million barrels of oil in the 12 months to July 2026, second in Texas; 655 drilling permits in the last year; 732 leases that changed operator in two years; 29 new wells with first checks coming due, and the price behind your check. From Railroad Commission and EIA records, as of September 30, 2026.

Midland County, Texas in 60 seconds: 240 million barrels of oil in the 12 months to July 2026, second in Texas; 655 drilling permits in the last year; 732 leases that changed operator in two years; 29 new wells with first checks coming due, and the price behind your check. From Railroad Commission and EIA records, as of September 30, 2026.

Transcript

Midland County, Texas, in 60 seconds. In a year it reported 240 million barrels of oil. That is second in Texas, 12 percent of the state. The state issued 655 drilling permits. 598 wells were completed, and 206 reported first production. Pioneer operates the most, about 39 percent. And 732 leases changed operator in two years. 466 went from Endeavor to Diamondback. If yours did, check your decimal. WTI averaged $84 in August. Your check is barrels times price times your decimal. 29 new wells have first checks due, starting October 28. Texas allows 120 days after the end of the month of first sale. Look up your Midland County lease, free. The sources are on screen.

Numbers are from Railroad Commission of Texas records (production to July 2026, permits and well records to September 30) and EIA prices. Operators are named as the state lists them.