PURPLE HEART
PURPLE HEART is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Midland Oil And Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2003 to August 2026, totalling 58,071 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $7K, with roughly $1K expected over the next twelve months.
| Operator | Midland Oil And Gas, Inc. |
|---|---|
| Field | Johnsons Chapel (Canyon Reef) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 29327 |
| Wellbores | 1 |
| Reported production | 58,071 bbl |
| First reported | December 2003 |
| Last reported | August 2026 |
| Estimated royalty value | $7K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.