Texas· County Detail
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No broker fees. No auction. We close with our own capital.
By Brad Caponigro, Founder · Last updated Jan 2026
Production data through Jan 2026
as of Jan 2026
as of Jan 2026
as of Jan 2026
as of Jan 2026
Over the twelve most recent reported months, Midland County wells produced about 237.6 million barrels of oil and 972.5 million Mcf of gas — an average of 651,001 barrels and 2,664,471 Mcf per day. That output comes from roughly 10,613 active wells, with 2,433 permitted locations on file. Monthly volumes have held in a steady band over the past year.
237,615,483 barrels of oil, Feb 2025 → Jan 2026
972,531,934 Mcf of natural gas, Feb 2025 → Jan 2026
Rates shown as barrels of oil per day and Mcf of natural gas per day, computed from monthly totals reported to TX RRC PDQ (county aggregation). Jan 2020 through Jan 2026. Download CSV · See methodology.
| Month | Oil (Bbl) | Gas (Mcf) |
|---|---|---|
| Jan 2020 | 17,037,137 | 41,648,397 |
| Feb 2020 | 15,778,955 | 38,726,652 |
| Mar 2020 | 17,273,913 | 44,512,956 |
| Apr 2020 | 15,969,781 | 43,499,080 |
| May 2020 | 14,644,890 | 41,158,442 |
| Jun 2020 | 15,941,124 | 43,607,862 |
| Jul 2020 | 16,661,270 | 48,783,328 |
| Aug 2020 | 16,094,345 | 49,966,666 |
| Sep 2020 | 15,110,959 | 49,120,278 |
| Oct 2020 | 15,541,365 | 50,177,591 |
| Nov 2020 | 15,365,365 | 48,239,186 |
| Dec 2020 | 16,325,336 | 50,343,568 |
| Jan 2021 | 16,392,975 | 50,624,691 |
| Feb 2021 | 12,021,189 | 34,272,693 |
| Mar 2021 | 17,964,067 | 50,700,570 |
| Apr 2021 | 16,579,976 | 51,630,093 |
| May 2021 | 17,021,629 | 54,669,014 |
| Jun 2021 | 16,109,528 | 52,808,043 |
| Jul 2021 | 16,578,119 | 55,879,439 |
| Aug 2021 | 16,663,751 | 55,762,525 |
| Sep 2021 | 15,976,100 | 53,904,040 |
| Oct 2021 | 17,531,536 | 56,128,223 |
| Nov 2021 | 17,729,020 | 55,876,513 |
| Dec 2021 | 18,640,396 | 58,702,203 |
| Jan 2022 | 17,880,497 | 56,204,909 |
| Feb 2022 | 15,572,181 | 49,098,441 |
| Mar 2022 | 18,354,286 | 58,714,632 |
| Apr 2022 | 17,987,650 | 57,085,062 |
| May 2022 | 18,272,872 | 59,238,470 |
| Jun 2022 | 18,180,233 | 58,442,512 |
| Jul 2022 | 18,714,756 | 61,363,450 |
| Aug 2022 | 19,230,166 | 63,073,279 |
| Sep 2022 | 18,781,627 | 62,437,737 |
| Oct 2022 | 20,198,503 | 66,244,401 |
| Nov 2022 | 19,521,245 | 64,039,229 |
| Dec 2022 | 19,047,442 | 64,053,367 |
| Jan 2023 | 18,975,938 | 64,510,725 |
| Feb 2023 | 17,243,694 | 58,588,333 |
| Mar 2023 | 19,549,497 | 67,741,296 |
| Apr 2023 | 19,175,469 | 66,968,600 |
| May 2023 | 20,275,032 | 70,743,972 |
| Jun 2023 | 19,928,544 | 68,508,485 |
| Jul 2023 | 21,309,976 | 72,292,710 |
| Aug 2023 | 20,381,653 | 73,101,952 |
| Sep 2023 | 18,215,721 | 69,258,943 |
| Oct 2023 | 19,614,301 | 71,927,829 |
| Nov 2023 | 19,498,198 | 71,159,919 |
| Dec 2023 | 20,409,254 | 74,333,169 |
| Jan 2024 | 19,085,667 | 70,337,443 |
| Feb 2024 | 18,380,752 | 69,033,740 |
| Mar 2024 | 19,492,457 | 75,264,451 |
| Apr 2024 | 18,638,408 | 73,278,925 |
| May 2024 | 18,660,452 | 74,279,145 |
| Jun 2024 | 19,011,649 | 74,190,215 |
| Jul 2024 | 19,682,563 | 77,949,245 |
| Aug 2024 | 19,805,511 | 79,405,938 |
| Sep 2024 | 19,170,266 | 77,661,093 |
| Oct 2024 | 21,017,945 | 81,870,006 |
| Nov 2024 | 20,462,481 | 79,134,687 |
| Dec 2024 | 20,759,254 | 81,677,466 |
| Jan 2025 | 20,977,682 | 80,433,296 |
| Feb 2025 | 18,893,354 | 72,254,390 |
| Mar 2025 | 20,562,858 | 79,977,159 |
| Apr 2025 | 19,755,625 | 79,334,744 |
| May 2025 | 20,281,521 | 82,877,915 |
| Jun 2025 | 20,127,612 | 82,128,881 |
| Jul 2025 | 20,518,959 | 84,837,635 |
| Aug 2025 | 20,354,841 | 85,120,124 |
| Sep 2025 | 19,927,950 | 82,041,962 |
| Oct 2025 | 20,301,491 | 83,616,868 |
| Nov 2025 | 19,465,993 | 82,163,072 |
| Dec 2025 | 19,736,647 | 84,033,265 |
| Jan 2026 | 17,688,632 | 74,145,919 |
| Operator | Parent | Ticker | HQ |
|---|---|---|---|
| Diamondback Energy | — | FANG(NASDAQ) | Midland, TX |
| Pioneer (ExxonMobil) | ExxonMobil | XOM(NYSE) | Spring, TX |
| Fasken Oil | — | Private | Midland, TX |
Public-company tickers link to investor relations. Private operators are marked as such and do not carry a ticker.
We also buy overriding royalty interests (ORRIs) and non-participating royalty interests (NPRIs) in Midland County — common for tracts under leases held by major operators with carried-out royalty structures.
Yes. Midland County is on our active buy list. We buy mineral interests, royalty interests, NPRI, and ORRI on both producing and non-producing tracts targeting the Wolfcamp, Spraberry, and Dean formations.
The most active operators we track in Midland County include Diamondback Energy, Pioneer (ExxonMobil), Fasken Oil. We regularly buy interests held under leases with these operators.
Midland County sits in the Permian Basin, where the primary target is wolfcamp / spraberry. Here we underwrite the Wolfcamp, Spraberry, and Dean formations.
Yes. Midland County is one of our top-tier acquisition areas. We can usually turn an offer around in 48 hours and we will compete on price for tracts inside the active development area.
Midland Basin Wolfcamp A and B are the most active intervals, with Wolfcamp C and D adding upside in stacked-pay tracts. Producing royalty interests are underwritten off the actual decline curve, the operator behind the wells, and the lease economics; non-producing acreage is valued off remaining inventory, surrounding permit activity, and how the local royalty market treats the township. Spraberry intervals (Lower and Jo Mill in particular) are typically valued separately as additional upside above the Wolfcamp underwriting rather than rolled into a single per-acre number.
Three local drivers. First, Midland Basin crude trades on a Midland-WTI differential that moved sharply with pipeline takeaway changes (Permian Express, EPIC, Cactus II, Wink-to-Webster). Second, associated gas from oil wells is priced at Waha and has periodically traded at deep discounts (and even negative prices) when takeaway tightens — your gas line on a check can be near zero in those months. Third, allocation between unit wells and timing of payment cycles for new wells coming online can cause individual months to spike or drop. Annualizing 12 months smooths almost all of this.
Yes, in most cases. Texas accepts affidavits of heirship under Estates Code 203.001 et seq., and Midland-area title examiners routinely use them after the deceased has been gone 5+ years. We coordinate the affidavit at our cost as part of the closing if probate was never opened. For more recent deaths or for multi-state estates, we can also work with a partial probate or muniment of title. The lack of a probated chain is rarely a deal-stopper for Midland County minerals — we close these regularly.
Closings on Midland County mineral rights typically take 7 to 30 days from the date you accept our offer, depending on title complexity. We handle county-level title work, PSA drafting, mineral deed preparation, and notary coordination at our expense.
Just a tract description (abstract or survey, section/township/range, or a legal description from your deed) and any recent royalty check stubs if the interest is producing. You do not need to gather deeds or title opinions up front.
Midland County sits in the Permian Basin, where operators are targeting wolfcamp / spraberry. Activity is led by names like Diamondback Energy, Pioneer (ExxonMobil), Fasken Oil, and new drilling continues to shape the play across the Wolfcamp and Spraberry formations.
If you hold mineral rights, royalty interests, NPRI, or ORRI anywhere in the county, we'd like to put a written offer in front of you. Every offer we send is funded from our own balance sheet — there's no auction, no broker markup, and no third-party capital waiting to approve the deal.
Midland County is one of our highest-priority acquisition areas. Top-tier operators are running active drilling programs here and we're making offers on both producing and non-producing tracts.
Monthly production has held within a normal band over the last year, suggesting steady development without a recent completion wave.