MUSTANG 120 MIPA UNIT
MUSTANG 120 MIPA UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Permian Deep Rock Oil Co., Llc. It has 4 wellbores on file with the Commission. Reported production runs from September 2018 to August 2026, totalling 1,021,862 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 $413K, with roughly $154K expected over the next twelve months.
| Operator | Permian Deep Rock Oil Co., Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 51007 |
| Wellbores | 4 |
| Reported production | 1,021,862 bbl |
| First reported | September 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $413K |
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.