MIDDLETON 21
MIDDLETON 21 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Big Star Oil & Gas, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 21,023 barrels. 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 $325K, with roughly $56K 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 58 barrels a month. Its strongest month on the record we hold was February 2019, at 333 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MIDDLETON 21
- Who operates MIDDLETON 21?
- MIDDLETON 21 is operated by Big Star Oil & Gas, LLC, Railroad Commission of Texas operator number 070445.
- Where is MIDDLETON 21?
- MIDDLETON 21 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45642.
- Is MIDDLETON 21 still producing?
- MIDDLETON 21 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDDLETON 21 is August 2026.
- How much has MIDDLETON 21 produced?
- MIDDLETON 21 has reported 21,023 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 1 wellbore.
- How much is MIDDLETON 21 worth?
- The remaining production from MIDDLETON 21 is estimated to be worth about $325K in total as of 26 August 2026, within a range of $179K to $471K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDDLETON 21 is a fraction of it. The estimate fits an Arps decline curve to the production MIDDLETON 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDDLETON 21 is an estimate of value, not an offer and not an appraisal.
- How much income does MIDDLETON 21 generate in a year?
- MIDDLETON 21 is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIDDLETON 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Big Star Oil & Gas, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 45642 |
| Wellbores | 1 |
| Reported production | 21,023 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $325K |
Where MIDDLETON 21 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.