MIDLAND FARMS OPERATING AREA
MIDLAND FARMS OPERATING AREA is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Occidental Permian Ltd. It has 3 wellbores on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 40,584 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 $30K, with roughly $9K expected over the next twelve months.
| Operator | Occidental Permian Ltd. |
|---|---|
| Field | Inez (Consolidated) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 51950 |
| Wellbores | 3 |
| Reported production | 40,584 bbl |
| First reported | June 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $30K |
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.