MIDDLETON WEST 35-LS

MIDDLETON WEST 35-LS is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Hog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2023 to August 2026, totalling 77,393 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 $1.2M, with roughly $611K 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 1,210 barrels a month. Its strongest month on the record we hold was December 2023, at 10,513 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 WEST 35-LS

Who operates MIDDLETON WEST 35-LS?
MIDDLETON WEST 35-LS is operated by Hog Operating LLC, Railroad Commission of Texas operator number 100155.
Where is MIDDLETON WEST 35-LS?
MIDDLETON WEST 35-LS is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 60240.
Is MIDDLETON WEST 35-LS still producing?
MIDDLETON WEST 35-LS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDDLETON WEST 35-LS is August 2026.
How much has MIDDLETON WEST 35-LS produced?
MIDDLETON WEST 35-LS has reported 77,393 barrels of oil (bbl) to the Railroad Commission of Texas between October 2023 and August 2026, from 1 wellbore.
How much is MIDDLETON WEST 35-LS worth?
The remaining production from MIDDLETON WEST 35-LS is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $1.0M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDDLETON WEST 35-LS is a fraction of it. The estimate fits an Arps decline curve to the production MIDDLETON WEST 35-LS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDDLETON WEST 35-LS is an estimate of value, not an offer and not an appraisal.
How much income does MIDDLETON WEST 35-LS generate in a year?
MIDDLETON WEST 35-LS is forecast to net about $611K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MIDDLETON WEST 35-LS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MIDDLETON WEST 35-LS as filed with the Railroad Commission of Texas
OperatorHog Operating LLC
FieldSpraberry (Trend Area)
CountyHoward County, Texas
RRC district08
Lease number60240
Wellbores1
Reported production77,393 bbl
First reported
Last reported
Estimated royalty value$1.2M

Where MIDDLETON WEST 35-LS 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.