MIDWAY UNIT
MIDWAY UNIT is a Texas oil lease in Tom Green County, Railroad Commission district 7C, operated by Moriah Operating,LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2026 to August 2026, totalling 56,627 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $15.0M, with roughly $3.3M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 10,691 barrels a month. Its strongest month on the record we hold was April 2026, at 16,720 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MIDWAY UNIT
- Who operates MIDWAY UNIT?
- MIDWAY UNIT is operated by Moriah Operating,LLC, Railroad Commission of Texas operator number 586557.
- Where is MIDWAY UNIT?
- MIDWAY UNIT is a Texas oil lease in Tom Green County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23521.
- Is MIDWAY UNIT still producing?
- MIDWAY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDWAY UNIT is August 2026.
- How much has MIDWAY UNIT produced?
- MIDWAY UNIT has reported 56,627 barrels of oil (bbl) to the Railroad Commission of Texas between January 2026 and August 2026, from 1 wellbore.
- How much is MIDWAY UNIT worth?
- The remaining production from MIDWAY UNIT is estimated to be worth about $15.0M in total as of 26 August 2026, within a range of $12.3M to $17.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDWAY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MIDWAY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDWAY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MIDWAY UNIT generate in a year?
- MIDWAY UNIT is forecast to net about $3.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIDWAY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Moriah Operating,LLC |
|---|---|
| Field | June Ann (Pennsylvanian) |
| County | Tom Green County, Texas |
| RRC district | 7C |
| Lease number | 23521 |
| Wellbores | 1 |
| Reported production | 56,627 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.0M |
Where MIDWAY UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.