CITY OF MIDLAND '44'

CITY OF MIDLAND '44' is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Petroplex Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 68,437 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 $1.1M, with roughly $203K 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 221 barrels a month. Its strongest month on the record we hold was January 2020, at 1,205 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CITY OF MIDLAND '44'

Who operates CITY OF MIDLAND '44'?: CITY OF MIDLAND '44' is operated by Petroplex Energy Inc., Railroad Commission of Texas operator number 660886.
Where is CITY OF MIDLAND '44'?: CITY OF MIDLAND '44' is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43496.
Is CITY OF MIDLAND '44' still producing?: CITY OF MIDLAND '44' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CITY OF MIDLAND '44' is August 2026.
How much has CITY OF MIDLAND '44' produced?: CITY OF MIDLAND '44' has reported 68,437 barrels of oil (bbl) to the Railroad Commission of Texas between November 2011 and August 2026, from 1 wellbore.
How much is CITY OF MIDLAND '44' worth?: The remaining production from CITY OF MIDLAND '44' is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $884K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CITY OF MIDLAND '44' is a fraction of it. The estimate fits an Arps decline curve to the production CITY OF MIDLAND '44' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CITY OF MIDLAND '44' is an estimate of value, not an offer and not an appraisal.
How much income does CITY OF MIDLAND '44' generate in a year?: CITY OF MIDLAND '44' is forecast to net about $203K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CITY OF MIDLAND '44' receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CITY OF MIDLAND '44' as filed with the Railroad Commission of Texas
Operator	Petroplex Energy Inc.
Field	Spraberry (Trend Area)
County	Midland County, Texas
RRC district	08
Lease number	43496
Wellbores	1
Reported production	68,437 bbl
First reported	November 2011
Last reported	August 2026
Estimated royalty value	$1.1M

Where CITY OF MIDLAND '44' sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.