CHARGER 115 MIPA UNIT
CHARGER 115 MIPA UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Permian Deep Rock Oil Co., LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 785,744 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 $6.2M, with roughly $2.1M 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 3,120 barrels a month, about 1,560 per wellbore. Its strongest month on the record we hold was August 2022, at 54,525 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 CHARGER 115 MIPA UNIT
- Who operates CHARGER 115 MIPA UNIT?
- CHARGER 115 MIPA UNIT is operated by Permian Deep Rock Oil Co., LLC, Railroad Commission of Texas operator number 655805.
- Where is CHARGER 115 MIPA UNIT?
- CHARGER 115 MIPA UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57381.
- Is CHARGER 115 MIPA UNIT still producing?
- CHARGER 115 MIPA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHARGER 115 MIPA UNIT is August 2026.
- How much has CHARGER 115 MIPA UNIT produced?
- CHARGER 115 MIPA UNIT has reported 785,744 barrels of oil (bbl) to the Railroad Commission of Texas between June 2022 and August 2026, from 2 wellbores.
- How much is CHARGER 115 MIPA UNIT worth?
- The remaining production from CHARGER 115 MIPA UNIT is estimated to be worth about $6.2M in total as of 27 August 2026, within a range of $5.2M to $7.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHARGER 115 MIPA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CHARGER 115 MIPA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHARGER 115 MIPA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CHARGER 115 MIPA UNIT generate in a year?
- CHARGER 115 MIPA UNIT is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHARGER 115 MIPA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Deep Rock Oil Co., LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 57381 |
| Wellbores | 2 |
| Reported production | 785,744 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.2M |
Where CHARGER 115 MIPA UNIT 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.