MIDLAND 'AC/AF' FEE 12

MIDLAND 'AC/AF' FEE 12 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 4 wellbores on file with the Commission. Reported production runs from December 2015 to August 2026, totalling 1,110,559 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 $389K, with roughly $80K expected over the next twelve months.

OperatorChevron U. S. A. Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number47375
Wellbores4
Reported production1,110,559 bbl
First reportedDecember 2015
Last reportedAugust 2026
Estimated royalty value$389K

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.