MIDLAND 'AV' FEE

MIDLAND 'AV' FEE is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Texaco E & P Inc. It has 21 wellbores on file with the Commission. Reported production runs from January 1997 to August 2026, totalling 1,685,445 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 $249K, with roughly $68K expected over the next twelve months.

OperatorTexaco E & P Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number35296
Wellbores21
Reported production1,685,445 bbl
First reportedJanuary 1997
Last reportedAugust 2026
Estimated royalty value$249K

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.