LEASES · O-10-51007 · OIL · DISTRICT 08
Mustang 120 Mipa Unit
ReportingPermian Deep Rock Oil Co., LLC · Midland County · Spraberry (Trend Area) field
Mustang 120 Mipa Unit is an RRC oil lease (O-10-51007) in Midland County operated by Permian Deep Rock Oil CO., LLC, with 4 wells completed on it.
It has reported 1.01M barrels of oil and 1.39M mcf of gas since September 2018, last reporting volume in March 2026 (statewide data runs through April 2026).
The last 12 reported months total 191K barrels of oil, up 112% on the year before; the lease peaked at 30.5K barrels in January 2020.
- 1.01M
- bbl oil, all reported
- 1.39M
- mcf gas incl. casinghead
- 191K
- bbl oil, last 12 reported
- +112%
- vs the 12 before
- 4
- wells completed on it
- 30.5K
- peak month, bbl (Jan 2020)
PDQ LEASE REPORTS · FIRST SEP 2018 · LAST VOLUME MAR 2026 · STATEWIDE DATA THROUGH APR 2026
Oil by month
Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.
Last 12 months 190,854 · prior 12 90,139(+112%)
Gas by month
Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.
Last 12 months 476,244 · prior 12 111,999(+325%)
Decline curve
None shown. Petrora fits an Arps curve only when the last ten years of oil reports follow one decline closely enough to project (R² of 0.7 or better over at least a year since the peak). This lease's recent history does not, so a projection would be a guess dressed as a number.
Who reported it
Each run of months one operator filed the production report, oldest first.
- Permian Deep Rock Oil Co., LLCSep 2018 → Jul 2026 · 95 mo
Wells on the lease
FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL
4
wells completed on the lease
- Shut IN
- 2
- NO Type on File
- 1
- Producing
- 1
Operates them now
About this data
Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.
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