MIDWAY SOUTH M
MIDWAY SOUTH M is a Texas gas lease in Frio County, Railroad Commission district 01. It has 1 wellbore on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 796,172 thousand cubic feet. 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 $17K, with roughly $16K 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 958 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 47,460 thousand cubic feet. 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 MIDWAY SOUTH M
- Where is MIDWAY SOUTH M?
- MIDWAY SOUTH M is a Texas gas lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 296949.
- Is MIDWAY SOUTH M still producing?
- MIDWAY SOUTH M is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDWAY SOUTH M is August 2026.
- How much has MIDWAY SOUTH M produced?
- MIDWAY SOUTH M has reported 796,172 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2022 and August 2026, from 1 wellbore.
- How much is MIDWAY SOUTH M worth?
- The remaining production from MIDWAY SOUTH M is estimated to be worth about $17K in total as of 27 August 2026, within a range of $14K to $21K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDWAY SOUTH M is a fraction of it. The estimate fits an Arps decline curve to the production MIDWAY SOUTH M has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDWAY SOUTH M is an estimate of value, not an offer and not an appraisal.
- How much income does MIDWAY SOUTH M generate in a year?
- MIDWAY SOUTH M is forecast to net about $16K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MIDWAY SOUTH M receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| County | Frio County, Texas |
|---|---|
| RRC district | 01 |
| Lease number | 296949 |
| Wellbores | 1 |
| Reported production | 796,172 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $17K |
Where MIDWAY SOUTH M sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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.