MIDDLETON TR. 26
MIDDLETON TR. 26 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Middleton Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from November 1998 to August 2026, totalling 431,542 thousand cubic feet. 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 $73K, with roughly $11K 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 500 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 875 thousand cubic feet. 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 MIDDLETON TR. 26
- Who operates MIDDLETON TR. 26?
- MIDDLETON TR. 26 is operated by Middleton Oil Company, Railroad Commission of Texas operator number 565000.
- Where is MIDDLETON TR. 26?
- MIDDLETON TR. 26 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 171051.
- Is MIDDLETON TR. 26 still producing?
- MIDDLETON TR. 26 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIDDLETON TR. 26 is August 2026.
- How much has MIDDLETON TR. 26 produced?
- MIDDLETON TR. 26 has reported 431,542 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1998 and August 2026, from 1 wellbore.
- How much is MIDDLETON TR. 26 worth?
- The remaining production from MIDDLETON TR. 26 is estimated to be worth about $73K in total as of 26 August 2026, within a range of $57K to $89K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIDDLETON TR. 26 is a fraction of it. The estimate fits an Arps decline curve to the production MIDDLETON TR. 26 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIDDLETON TR. 26 is an estimate of value, not an offer and not an appraisal.
- How much income does MIDDLETON TR. 26 generate in a year?
- MIDDLETON TR. 26 is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIDDLETON TR. 26 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Middleton Oil Company |
|---|---|
| Field | Booth Ranch (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 171051 |
| Wellbores | 1 |
| Reported production | 431,542 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $73K |
Where MIDDLETON TR. 26 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.