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Texas oil lease

Producing

MILDRED

Mildred is an oil lease in Martin County, Texas, operated by Discovery Operating, Inc. in the Spraberry (Trend Area) field.

2 wells

5,923bbl oil, last 12 months−21% vs prior year
Operator
Discovery Operating, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-40498

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
29,550 mcf
Oil in Jul 2026
444 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for MILDRED, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 5,923 bbl in the 12 months through Jul 2026, against 7,459 bbl in the 12 months before.Last 12 months: 5,923 bblbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for MILDRED, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 5,923 bbl in the 12 months through Jul 2026, against 7,459 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of MILDRED gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of MILDRED gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on MILDRED
API numberWell no.Status
42-317-359981Active
42-317-365662Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Enterprise Crude Oil LLCOilGathers100Jul 28, 2010Mar 1, 2026
Wtg Gas Processing, L.p.Casinghead gasGathers100Jul 28, 2010Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Jul 28, 2010Aug 1, 2024

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

160 acres on the newest permit

Permits for Mildred
API numberWell no.Acreson the permit
42-317-365662160
42-317-359981160

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for MILDRED
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264444965,0485,0480$80.46$2.89
Jun 20265194964,1514,1510$84.81$3.15
May 20264073151,4481,4480$102.13$2.94
Apr 20265106175,3745,3740$100.32$2.77
Mar 20265684485,4625,4620$91.38$3.04
Feb 20264467232742740$64.51$3.62
Jan 20264833172,7842,7840$60.04$7.72
Dec 20255966733,9143,9140$57.97$4.26
Nov 20256166331,0951,0950$60.06$3.79
Oct 2025548344000$60.89$3.19
Sep 2025448515000$63.96$2.97
Aug 2025338505000$64.86$2.91
Jul 2025649510000$68.39$3.20
Jun 2025543517000$68.17$3.02
May 2025611867000$62.17$3.12
Apr 2025595349000$63.54$3.42
Mar 202555071117170$68.24$4.12
Feb 2025449356220$71.53$4.19
Jan 2025580532000$75.74$4.13
Dec 2024521660000$70.12$3.01
Nov 2024874845000$69.95$2.12
Oct 2024616512000$71.99$2.20
Sep 2024679689000$70.24$2.28
Aug 20247921,032000$76.68$1.99
Jul 2024681511000$81.80$2.07
Jun 2024793705000$79.77$2.54
May 20241,0071,002000$80.02$2.12
Apr 2024840859000$85.35$1.60
Mar 20248471,045000$81.28$1.49
Feb 2024908874000$77.25$1.72
Jan 2024826931000$74.15$3.18
Dec 202359734915150$71.90$2.52
Nov 2023341507000$77.69$2.71
Oct 2023982684000$85.64$2.98
Sep 20238551,047000$89.43$2.64
Aug 20231,0871,333000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorDiscovery Operating, Inc.FieldSpraberry (Trend Area)CountyMartin County

Discovery Operating, Inc. in Martin County

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Spraberry (Trend Area) field

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