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Texas oil lease

Producing

AXIS

Axis is an oil lease in Winkler County, Texas, operated by Matador Production Company in the Phantom (Wolfcamp) field.

1 well

24,003bbl oil, last 12 months0% vs prior year
RRC lease
08-51243

88 royalty accounts on the county rolls

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Gas, last 12 months
112,769 mcf
Oil in Aug 2026
1,772 bbl

Did a relative own a share of this lease?

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Checks stopped on this lease?

  • Operator

    Operator changed: Matador Production Company took over from Ameredev Texas, LLC in Feb 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jun 2, 2025 (last P-5 filed Aug 5, 2024).

  • Buyer

    Buyer changed: ONEOK GAS MARKETING, L.P. replaced ENLINK GAS MARKETING, LP as the buyer of this lease's gas from oil wells on Jul 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Aug 2026.

See why checks stop on this lease

Wells on this lease and around it

Where the state's map puts this lease's well, and what has been drilled or permitted within about 2 miles of it.
Map of the Axis lease in Winkler County, Texas: its well ringed, among 47 wells and 2 recent drilling locations in a picture about 6 miles across.
  • This lease1Its well, ringed on the map: producing
  • Drilling locations2Permits issued in the last two years
  • Producing wells23On a lease reporting production now
  • Not producing12Shut in, inactive or no lease on record
  • Plugged12The state's wellbore record says plugged

The ringed dot is this lease's well, where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 6 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines, base map from USGS The National Map.

See the whole Texas well map

A one-page map of this lease to print, for a lawyer, a buyer or a probate file.

Use this map on your site

You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.

Download the picture (WebP)
<a href="https://royaltyclerk.com/texas/leases/axis-08-51243"><img src="https://royaltyclerk.com/maps/lease-wells/axis-08-51243.svg" alt="Map of the Axis lease in Winkler County, Texas: its well ringed, among 47 wells and 2 recent drilling locations in a picture about 6 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/axis-08-51243">Wells on the Axis lease, Winkler County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for AXIS, Sep 2023 to Aug 2026. Oil output held steady over the last 12 months. 24,003 bbl in the 12 months through Aug 2026, against 24,099 bbl in the 12 months before.Last 12 months: 24,003 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for AXIS, Sep 2023 to Aug 2026. Oil output held steady over the last 12 months. 24,003 bbl in the 12 months through Aug 2026, against 24,099 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

From the state record

What owners ask about Axis

When is the check for August 2026 due?
August 2026 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Oct 30, 2026 and the gas by Nov 29, 2026, unless the lease sets another time.
Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
See your next three checks
Which Texas production tax rate applies?
The Texas Comptroller lists no approved exemption or reduced rate for this lease for August 2026, so the full 4.6% on oil and 7.5% on gas applies.
Source: Texas Comptroller, approved severance tax exemptions.
Check the tax on your stub
Who buys the oil and gas?
Oil: Scm Ops, LLC, Matador Production Company and Plains Marketing, L.p. gather it. Gas from oil wells: Matador Production Company and Enterprise Products Operating LLC buy and gather it; Et Gathering & Processing LLC, Oneok Gas Marketing, L.p., Scm Ops, LLC and Targa Northern Delaware LLC buy it. The buyer's price is what a royalty check is figured on.
Source: Railroad Commission Form P-4, gatherers and purchasers.
See every buyer and past buyers
How many 1099s should an owner expect for 2025?
Two companies filed this lease's reports behind 2025 checks: Ameredev Texas, LLC and Matador Production Company. An owner paid by more than one of them gets a form from each. The operator is not always the company that pays, so go by the names on the stubs.
Source: Railroad Commission production reports, operator of record by month.
Check your 1099 against it

33 years of state records, 1993–2026

AXIS since 2018

We read every monthly report the Railroad Commission holds, back to January 1993. This lease first reported in September 2018. It filed 96 monthly reports through August 2026.

Sold since 2018

$25 million

What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.

A relative owned a share? See what it earned after they died
Oil sold
323,762 bbl
Gas sold
747,957 mcf
Best year
2019$6.1 million sold
Last report
Aug 2026First: Sep 2018

Its best year was 2019: $6.1 million of oil and gas sold

Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.

  • Oil
  • Gas
Its best year was 2019: $6.1 million of oil and gas soldAxis: oil and gas sold each year from 2018 to 2026, at each month's prices. Its best year was 2019: $6.1 million of oil and gas sold.Sold each year, at each month’s prices$0$2.5M$5M$7.5MPeak 2019: $6.2M201820192020202120222023202420252026
Its best year was 2019: $6.1 million of oil and gas soldAxis: oil and gas sold each year from 2018 to 2026, at each month's prices. Its best year was 2019: $6.1 million of oil and gas sold.Sold each year, at each month’s prices$0$2.5M$5M$7.5MPeak 2019: $6.2M'18'19'20'21'22'23'24'25'26

SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.

Every year as a table
Axis: oil and gas sold each year
YearMonthsOil sold, bblGas sold, mcfSold for
2026 *816,47575,966$1,649,807
20251225,711101,019$2,048,356
20241222,87868,781$1,932,984
20231224,51278,441$2,107,796
20221250,729121,007$5,724,948
2021122,82642,917$415,369
20201215,93821,765$716,218
20191298,447213,950$6,152,239
2018466,24624,111$4,262,155

* Part of the year: the records run through August 2026.

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)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of AXIS gas by disposition code each month, Sep 2023 to Aug 2026. 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.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of AXIS gas by disposition code each month, Sep 2023 to Aug 2026. 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.Share of gas by disposition code0%50%100%Flared 6.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

  • Processing plant (3)

    100% · 112,685 mcf

  • Flared (4)

    0.1% · 84 mcf

0.1% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed 3 times, most recently in Feb 2025

Operators of this lease over timeImpetro Operating LLC, Jan 2020 to Nov 2020; Ameredev Operating, LLC, Dec 2020 to May 2024; Ameredev Texas, LLC, Jun 2024 to Jan 2025; Matador Production Company, Feb 2025 to Aug 20262020202120222023202420252026Changed Dec 2020Changed Jun 2024Changed Feb 2025Impetro Operating LLCJan 2020 to Nov 2020Ameredev Operating, LLCDec 2020 to May 2024Ameredev Texas, LLCJun 2024 to Jan 2025Matador Production CompanyFeb 2025 to now
Operators of this lease over timeImpetro Operating LLC, Jan 2020 to Nov 2020; Ameredev Operating, LLC, Dec 2020 to May 2024; Ameredev Texas, LLC, Jun 2024 to Jan 2025; Matador Production Company, Feb 2025 to Aug 20262020202120222023202420252026Changed Dec 2020Changed Jun 2024Changed Feb 2025Impetro Operating LLCJan 2020 to Nov 2020Ameredev Operating, LLCDec 2020 to May 2024Ameredev Texas, LLCJun 2024 to Jan 2025Matador Production CompanyFeb 2025 to now

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

1 well on this lease

Wells on AXIS
API numberWellStatusCompleted
42-495-34139Axis 1HActiveSep 13, 2018

SourceTexas Railroad Commission production records and full wellbore file.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Scm Ops, LLCOilGathers89Feb 6, 2025–
Matador Production CompanyOilGathers10Feb 6, 2025–
Plains Marketing, L.p.OilGathers1Feb 6, 2025–
Matador Production CompanyCasinghead gasBuys95Feb 6, 2025–
Enterprise Products Operating LLCCasinghead gasBuys1Feb 6, 2025–
Et Gathering & Processing LLCCasinghead gasBuys1Oct 1, 2023–
Oneok Gas Marketing, L.p.Casinghead gasBuys1Jul 1, 2026–
Scm Ops, LLCCasinghead gasBuys1Feb 6, 2025–
Targa Northern Delaware LLCCasinghead gasBuys1Jan 1, 2023–
Enterprise Products Operating LLCCasinghead gasGathers50Feb 6, 2025–
Matador Production CompanyCasinghead gasGathers50Feb 6, 2025–
Enlink Gas Marketing, LPCasinghead gasBuys1Sep 1, 2023Jul 1, 2026
Energy Transfer CompanyCasinghead gasGathers1Jan 1, 2023Feb 6, 2025
Enlink Permian, LLCCasinghead gasGathers1Sep 1, 2023Feb 6, 2025
Enterprise Products Operating LLCCasinghead gasGathers24Jan 1, 2023Feb 6, 2025
Scm Ops, LLCCasinghead gasGathers73Sep 1, 2023Feb 6, 2025
Targa Northern Delaware LLCCasinghead gasGathers1Jan 1, 2023Feb 6, 2025

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

515 acres on the newest permit

Permits for Axis
API numberWell no.Acreson the permit
42-495-341391H515

SourceRailroad Commission drilling permits, Oct 31, 2026 (source 1, source 2).

What Matador Resources Company told investors it received

Matador Production Company is linked to Matador Resources Company (MTDR).
Realized prices reported by Matador Resources Company
QuarterOil$ per bblFiling
Q2 2026$98.16SEC filing
Q1 2026$72.83SEC filing
Q4 2025$58.89SEC filing
Q3 2025$64.91SEC filing
Q2 2025$64.34SEC filing
Q1 2025$72.38SEC filing

SourceMatador Resources Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

On the Loving and Winkler County rolls

Loving County Appraisal District

2026 roll
Owners
44
Accounts
45
Appraised in all
$4M$4,037,190

Each square is one account

  • Royalty44
  • Working interest1

Winkler County Appraisal District

2026 roll
Owners
44
Accounts
45
Appraised in all
$4M$4,037,190

Each square is one account

  • Royalty44
  • Working interest1

SourceLoving County Appraisal District, 2026 mineral roll (source), read Sep 29, 2026. Winkler County Appraisal District, 2026 mineral roll (source), read Sep 29, 2026. Accounts matched to this lease by RRC number or lease name; no owner is named.

Estimate your royalty

36 months, newest first

Ledger for AXIS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Aug 2026Matador Production1,7721,7858,7508,7428$83.90$2.78
Jul 2026Matador Production2,0962,02710,20210,15448$80.46$2.89
Jun 2026Matador Production1,4521,4856,1446,1377$84.81$3.15
May 2026Matador Production1,9851,9897,2897,2881$102.13$2.94
Apr 2026Matador Production2,1612,15610,09310,0921$100.32$2.77
Mar 2026Matador Production2,1642,18911,09611,0915$91.38$3.04
Feb 2026Matador Production2,5722,5729,8229,8202$64.51$3.62
Jan 2026Matador Production2,2912,27212,64812,6426$60.04$7.72
Dec 2025Matador Production2,5312,56313,64013,6391$57.97$4.26
Nov 2025Matador Production2,2822,19810,24310,2421$60.06$3.79
Oct 2025Matador Production1,3331,3285,7885,7844$60.89$3.19
Sep 2025Matador Production1,3641,4337,0547,0540$63.96$2.97
Aug 2025Matador Production3,1433,13314,84214,8420$64.86$2.91
Jul 2025Matador Production2,6472,63411,49211,4920$68.39$3.20
Jun 2025Matador Production2,3512,2972,2352,2350$68.17$3.02
May 2025Matador Production1,0771,1364,0054,0050$62.17$3.12
Apr 2025Matador Production2,5962,5869,1109,1100$63.54$3.42
Mar 2025Matador Production2,2392,4027,2067,2060$68.24$4.12
Feb 2025Matador Production1,8121,6546,2526,2520$71.53$4.19
Jan 2025Ameredev Texas,2,4342,3479,1589,1580$75.74$4.13
Dec 2024Ameredev Texas,5686023,7573,7570$70.12$3.01
Nov 2024Ameredev Texas,1,0541,0316,6386,6380$69.95$2.12
Oct 2024Ameredev Texas,1,6081,6266,0016,0010$71.99$2.20
Sep 2024Ameredev Texas,2,5702,5869,9119,9110$70.24$2.28
Aug 2024Ameredev Texas,3,3623,3629,9269,9260$76.68$1.99
Jul 2024Ameredev Texas,2,5472,5945,5595,5590$81.80$2.07
Jun 2024Ameredev Texas,3,5003,4487,8927,8884$79.77$2.54
May 2024Ameredev Operating,3,2373,2367,0997,0990$80.02$2.12
Apr 2024Ameredev Operating,3,4953,4568,8378,8343$85.35$1.60
Mar 2024Ameredev Operating,5084941,6351,6350$81.28$1.49
Feb 2024Ameredev Operating,2432531,1971,1970$77.25$1.72
Jan 2024Ameredev Operating,781903363360$74.15$3.18
Dec 2023Ameredev Operating,1739124322815$71.90$2.52
Nov 2023Ameredev Operating,2,3962,4025,1375,1370$77.69$2.71
Oct 2023Ameredev Operating,1,9801,9525,3335,3303$85.64$2.98
Sep 2023Ameredev Operating,1,6241,6513,5293,5290$89.43$2.64

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.

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Nearby

Matador Production Company in Winkler County

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Phantom (Wolfcamp) field

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