CHARGER 120 MIPA UNIT
CHARGER 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 3 wellbores on file with the Commission. Reported production runs from September 2020 to August 2026, totalling 714,633 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 $228K, with roughly $149K 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 | 55906 |
| Wellbores | 3 |
| Reported production | 714,633 bbl |
| First reported | September 2020 |
| Last reported | August 2026 |
| Estimated royalty value | $228K |
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.