MINTON-BALLARD "44"

MINTON-BALLARD "44" is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Midland Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 73,762 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 $886K, with roughly $157K 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 172 barrels a month. Its strongest month on the record we hold was July 2017, at 1,186 barrels. 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 MINTON-BALLARD "44"

Who operates MINTON-BALLARD "44"?
MINTON-BALLARD "44" is operated by Midland Energy, Inc., Railroad Commission of Texas operator number 565460.
Where is MINTON-BALLARD "44"?
MINTON-BALLARD "44" is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38740.
Is MINTON-BALLARD "44" still producing?
MINTON-BALLARD "44" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MINTON-BALLARD "44" is August 2026.
How much has MINTON-BALLARD "44" produced?
MINTON-BALLARD "44" has reported 73,762 barrels of oil (bbl) to the Railroad Commission of Texas between April 2007 and August 2026, from 1 wellbore.
How much is MINTON-BALLARD "44" worth?
The remaining production from MINTON-BALLARD "44" is estimated to be worth about $886K in total as of 27 August 2026, within a range of $691K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MINTON-BALLARD "44" is a fraction of it. The estimate fits an Arps decline curve to the production MINTON-BALLARD "44" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MINTON-BALLARD "44" is an estimate of value, not an offer and not an appraisal.
How much income does MINTON-BALLARD "44" generate in a year?
MINTON-BALLARD "44" is forecast to net about $157K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MINTON-BALLARD "44" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MINTON-BALLARD "44" as filed with the Railroad Commission of Texas
OperatorMidland Energy, Inc.
FieldSpraberry (Trend Area)
CountyMidland County, Texas
RRC district08
Lease number38740
Wellbores1
Reported production73,762 bbl
First reported
Last reported
Estimated royalty value$886K

Where MINTON-BALLARD "44" 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.