MIDDLETON PETROLEUM B
MIDDLETON PETROLEUM B is a Texas oil lease in Medina County, Railroad Commission district 01, operated by Wetzel Oil Company. It has 8 wellbores on file with the Commission. Reported production runs from September 1998 to August 2026, totalling 3,843 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 $9K, with roughly $2K 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 3 barrels a month. Its strongest month on the record we hold was July 2023, at 28 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 PETROLEUM B
- Who operates MIDDLETON PETROLEUM B?
- MIDDLETON PETROLEUM B is operated by Wetzel Oil Company, Railroad Commission of Texas operator number 913213.
- Where is MIDDLETON PETROLEUM B?
- MIDDLETON PETROLEUM B is a Texas oil lease in Medina County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 14220.
- Is MIDDLETON PETROLEUM B still producing?
- MIDDLETON PETROLEUM B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDDLETON PETROLEUM B is August 2026.
- How much has MIDDLETON PETROLEUM B produced?
- MIDDLETON PETROLEUM B has reported 3,843 barrels of oil (bbl) to the Railroad Commission of Texas between September 1998 and August 2026, from 8 wellbores.
- How much is MIDDLETON PETROLEUM B worth?
- The remaining production from MIDDLETON PETROLEUM B is estimated to be worth about $9K in total as of 27 August 2026, within a range of $0 to $18K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDDLETON PETROLEUM B is a fraction of it. The estimate fits an Arps decline curve to the production MIDDLETON PETROLEUM B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDDLETON PETROLEUM B is an estimate of value, not an offer and not an appraisal.
- How much income does MIDDLETON PETROLEUM B generate in a year?
- MIDDLETON PETROLEUM B is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MIDDLETON PETROLEUM B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wetzel Oil Company |
|---|---|
| Field | Taylor-Ina |
| County | Medina County, Texas |
| RRC district | 01 |
| Lease number | 14220 |
| Wellbores | 8 |
| Reported production | 3,843 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where MIDDLETON PETROLEUM B 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.