Texas oil lease · RRC district 08 · Lease 51243
ProducingAXIS
Axis is an oil lease in Winkler County, Texas, operated by Matador Production Company in the Phantom (Wolfcamp) field. The Railroad Commission shows 25,374 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 1 well
- Operator
- Matador Production Company
- County
- Winkler County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-51243
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Where it sits
This county
- Gas, last 12 months
- 118,861 mcf
- Oil in Jul 2026
- 2,096 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
Production
Month by month, from the state record
Oil output rose 4% over the last 12 months
25,374 bbl in the 12 months through Jul 2026, against 24,318 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 51243, district 08. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
Over 99% of the gas went to a processing plant in the last 12 months
Flaring peaked at 6.2% of the gas in Dec 2023.
- Processing plant (3)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 51243, district 08. Reported through Jul 2026.
Processing plant (3)
Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.
Flared (4)
Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.
Over the last 12 months, 0.1% of the gas was flared. One month went above 3%, which we mark in the ledger below.
Operator history
Who has run this lease
The operator changed 3 times, most recently in Feb 2025
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Matador Production Company Feb 2025 to now
- Ameredev Texas, LLC Jun 2024 to Jan 2025
- Ameredev Operating, LLC Dec 2020 to May 2024
- Impetro Operating LLC Jan 2020 to Nov 2020
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-495-34139 | 1H | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 08, lease 51243.
Who buys and gathers
Who moves and buys this lease's production
Oil
Scm Ops, LLC, Matador Production Company and Plains Marketing, L.p. gather it.
Scm Ops, LLC gathers it: 89% of it, on the list since Feb 6, 2025 · Matador Production Company gathers it: 10% of it, on the list since Feb 6, 2025 · Plains Marketing, L.p. gathers it: 1% of it, on the list since Feb 6, 2025
Gas from oil wells
Matador Production Company and Enterprise Products Operating LLC buy and gather it; Enlink Gas Marketing, LP, Et Gathering & Processing LLC, Scm Ops, LLC and Targa Northern Delaware LLC buy it.
Matador Production Company buys it: 95% of it, on the list since Feb 6, 2025 · Enlink Gas Marketing, LP buys it: 1% of it, on the list since Sep 1, 2023 · Enterprise Products Operating LLC buys it: 1% of it, on the list since Feb 6, 2025 · Et Gathering & Processing LLC buys it: 1% of it, on the list since Oct 1, 2023 · Scm Ops, LLC buys it: 1% of it, on the list since Feb 6, 2025 · Targa Northern Delaware LLC buys it: 1% of it, on the list since Jan 1, 2023 · Enterprise Products Operating LLC gathers it: 50% of it, on the list since Feb 6, 2025 · Matador Production Company gathers it: 50% of it, on the list since Feb 6, 2025
Companies that used to be listed: Energy Transfer Company (gathers it, until Feb 6, 2025); Enlink Permian, LLC (gathers it, until Feb 6, 2025); Enterprise Products Operating LLC (gathers it, until Feb 6, 2025); Scm Ops, LLC (gathers it, until Feb 6, 2025); Targa Northern Delaware LLC (gathers it, until Feb 6, 2025); Enterprise Products Operating LLC (buys it, until Feb 6, 2025).
SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.
Unit and wells
515 acres on the newest permit
- Wells on the permits
- 11 not plugged
- Horizontal
- 1
- First completion
- Sep 13, 2018
- Latest permit
- May 8, 2018
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-495-34139 | 1H | May 8, 2018 | Sep 13, 2018 | 515 |
What the operator reported
What Matador Resources Company told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.16 | −$0.79 | – | SEC filing |
| Q1 2026 | $72.83 | $0.64 | – | SEC filing |
| Q4 2025 | $58.89 | $0.91 | – | SEC filing |
| Q3 2025 | $64.91 | $1.95 | – | SEC filing |
| Q2 2025 | $64.34 | $2.05 | – | SEC filing |
| Q1 2025 | $72.38 | $3.56 | – | SEC filing |
SourceMatador Resources Company quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.
Estimator
Estimate your royalty for this lease
Estimator
What could your check be?
Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says AXIS sold each month.
For example 0.00097656, or a fraction like 1/1024.
Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.
Your estimate appears here
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Matador Production | 2,096 | 2,027 | 10,202 | 10,154 | 48 | $80.46 | $2.89 |
| Jun 2026Matador Production | 1,452 | 1,485 | 6,144 | 6,137 | 7 | $84.81 | $3.15 |
| May 2026Matador Production | 1,985 | 1,989 | 7,289 | 7,288 | 1 | $102.13 | $2.94 |
| Apr 2026Matador Production | 2,161 | 2,156 | 10,093 | 10,092 | 1 | $100.32 | $2.77 |
| Mar 2026Matador Production | 2,164 | 2,189 | 11,096 | 11,091 | 5 | $91.38 | $3.04 |
| Feb 2026Matador Production | 2,572 | 2,572 | 9,822 | 9,820 | 2 | $64.51 | $3.62 |
| Jan 2026Matador Production | 2,291 | 2,272 | 12,648 | 12,642 | 6 | $60.04 | $7.72 |
| Dec 2025Matador Production | 2,531 | 2,563 | 13,640 | 13,639 | 1 | $57.97 | $4.26 |
| Nov 2025Matador Production | 2,282 | 2,198 | 10,243 | 10,242 | 1 | $60.06 | $3.79 |
| Oct 2025Matador Production | 1,333 | 1,328 | 5,788 | 5,784 | 4 | $60.89 | $3.19 |
| Sep 2025Matador Production | 1,364 | 1,433 | 7,054 | 7,054 | 0 | $63.96 | $2.97 |
| Aug 2025Matador Production | 3,143 | 3,133 | 14,842 | 14,842 | 0 | $64.86 | $2.91 |
| Jul 2025Matador Production | 2,647 | 2,634 | 11,492 | 11,492 | 0 | $68.39 | $3.20 |
| Jun 2025Matador Production | 2,351 | 2,297 | 2,235 | 2,235 | 0 | $68.17 | $3.02 |
| May 2025Matador Production | 1,077 | 1,136 | 4,005 | 4,005 | 0 | $62.17 | $3.12 |
| Apr 2025Matador Production | 2,596 | 2,586 | 9,110 | 9,110 | 0 | $63.54 | $3.42 |
| Mar 2025Matador Production | 2,239 | 2,402 | 7,206 | 7,206 | 0 | $68.24 | $4.12 |
| Feb 2025Matador Production | 1,812 | 1,654 | 6,252 | 6,252 | 0 | $71.53 | $4.19 |
| Jan 2025Ameredev Texas, | 2,434 | 2,347 | 9,158 | 9,158 | 0 | $75.74 | $4.13 |
| Dec 2024Ameredev Texas, | 568 | 602 | 3,757 | 3,757 | 0 | $70.12 | $3.01 |
| Nov 2024Ameredev Texas, | 1,054 | 1,031 | 6,638 | 6,638 | 0 | $69.95 | $2.12 |
| Oct 2024Ameredev Texas, | 1,608 | 1,626 | 6,001 | 6,001 | 0 | $71.99 | $2.20 |
| Sep 2024Ameredev Texas, | 2,570 | 2,586 | 9,911 | 9,911 | 0 | $70.24 | $2.28 |
| Aug 2024Ameredev Texas, | 3,362 | 3,362 | 9,926 | 9,926 | 0 | $76.68 | $1.99 |
| Jul 2024Ameredev Texas, | 2,547 | 2,594 | 5,559 | 5,559 | 0 | $81.80 | $2.07 |
| Jun 2024Ameredev Texas, | 3,500 | 3,448 | 7,892 | 7,888 | 4 | $79.77 | $2.54 |
| May 2024Ameredev Operating, | 3,237 | 3,236 | 7,099 | 7,099 | 0 | $80.02 | $2.12 |
| Apr 2024Ameredev Operating, | 3,495 | 3,456 | 8,837 | 8,834 | 3 | $85.35 | $1.60 |
| Mar 2024Ameredev Operating, | 508 | 494 | 1,635 | 1,635 | 0 | $81.28 | $1.49 |
| Feb 2024Ameredev Operating, | 243 | 253 | 1,197 | 1,197 | 0 | $77.25 | $1.72 |
| Jan 2024Ameredev Operating, | 78 | 190 | 336 | 336 | 0 | $74.15 | $3.18 |
| Dec 2023Ameredev Operating, | 173 | 91 | 243 | 228 | 15 | $71.90 | $2.52 |
| Nov 2023Ameredev Operating, | 2,396 | 2,402 | 5,137 | 5,137 | 0 | $77.69 | $2.71 |
| Oct 2023Ameredev Operating, | 1,980 | 1,952 | 5,333 | 5,330 | 3 | $85.64 | $2.98 |
| Sep 2023Ameredev Operating, | 1,624 | 1,651 | 3,529 | 3,529 | 0 | $89.43 | $2.64 |
| Aug 2023Ameredev Operating, | 2,450 | 2,445 | 5,387 | 5,384 | 3 | $81.39 | $2.58 |
No report filed More than 3% of gas flared
SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).
Check your statements
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Around this lease
Walk the neighborhood
This lease belongs to
Matador Production Company in Winkler County
- GRIZZLY
474,510 mcf last 12 months
- EAST SHAMMO
239,240 mcf last 12 months
- KUDU A
107,838 mcf last 12 months
- LION
243,948 mcf last 12 months
- EAST AXIS
342,338 mcf last 12 months
Phantom (Wolfcamp) field
- RATTLER 54-2-1-12 UNIT
1,660,576 bbl last 12 months
- PECAN STATE UNIT
1,334,838 bbl last 12 months
- SEALY RANCH
1,154,877 bbl last 12 months
- THUNDERBALL
1,149,611 bbl last 12 months
- JOEY CHESTNUT
857,661 bbl last 12 months
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How to read this page
Questions owners ask
What is a decimal interest?
It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.
How do I use this page to check a royalty check?
Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.
Why is the newest month Jul 2026?
The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.
Does this page show what my check should be?
No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.
Sources and method
Where these numbers come from
- Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 51243, district 08, reported through Jul 2026.
- Wells: Texas Railroad Commission Wellbore Query.
- Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
- Page updated Sep 28, 2026.
We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.