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Producing

IDARADO M 28

Idarado M 28 is an oil lease in Martin County, Texas, operated by Fourpoint Energy, LLC in the Spraberry (Trend Area) field.

1 well

13,332bbl oil, last 12 months−75% vs prior year
Operator
Fourpoint Energy, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-60480

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
71,879 mcf
Oil in Jul 2026
645 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC NORTH PERMIAN MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

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

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Production by month

Oil output fell 75% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 75% over the last 12 monthsMonthly oil production and gas for IDARADO M 28, Dec 2023 to Jul 2026. Oil output fell 75% over the last 12 months. 13,332 bbl in the 12 months through Jul 2026, against 53,824 bbl in the 12 months before.Last 12 months: 13,332 bblbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 75% over the last 12 monthsMonthly oil production and gas for IDARADO M 28, Dec 2023 to Jul 2026. Oil output fell 75% over the last 12 months. 13,332 bbl in the 12 months through Jul 2026, against 53,824 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

Flaring peaked at 48.8% of the gas in Nov 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a processing plant in the last 12 monthsShare of IDARADO M 28 gas by disposition code each month, Dec 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 48.8% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 48.8%Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a processing plant in the last 12 monthsShare of IDARADO M 28 gas by disposition code each month, Dec 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months. Flaring peaked at 48.8% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Flared 48.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 83,998 mcf

  • Flared (4)

    3.1% · 2,790 mcf

  • Lease fuel (1)

    2.2% · 1,945 mcf

3.1% of the gas flared in the last 12 months. 18 months above 3%.

1 well on this lease

Wells on IDARADO M 28
API numberWell no.Status
42-317-451443013HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Feb 1, 2025–
Etc North Permian Midstream LLCCasinghead gasBuys100Feb 1, 2025Mar 1, 2026
Energy Transfer CompanyOilGathers100Feb 1, 2025Mar 1, 2026
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024Feb 1, 2025
Etc North Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers100Jan 1, 2024Feb 1, 2025
Wtg North Permian Midstream LLCCasinghead gasGathers100Jan 1, 2024Aug 1, 2024

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

Who buys my oilOil price check

320 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Idarado M 28
API numberWell no.Acreson the permit
42-317-451443013H320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

32 months, newest first

Ledger for IDARADO M 28
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266456162742670$80.46$2.89
Jun 20265245181961910$84.81$3.15
May 202623023062755060$102.13$2.94
Apr 202635634331221985$100.32$2.77
Mar 20265350000$91.38$3.04
Feb 202610344,4164,3250$64.51$3.62
Jan 20263554592,1272,0850$60.04$7.72
Dec 20251,7211,67710,81910,196402$57.97$4.26
Nov 20252,1632,16213,07112,7860$60.06$3.79
Oct 20252,2702,29613,33813,0670$60.89$3.19
Sep 20252,3632,37212,52712,2650$63.96$2.97
Aug 20252,6422,63814,17213,680220$64.86$2.91
Jul 20252,8182,83716,85414,3672,023$68.39$3.20
Jun 20252,6792,74915,37214,099975$68.17$3.02
May 20253,1973,13615,83514,3471,205$62.17$3.12
Apr 20253,2943,34015,39813,4911,629$63.54$3.42
Mar 20253,5193,46716,84816,087492$68.24$4.12
Feb 20253,6973,70416,31713,2952,771$71.53$4.19
Jan 20254,2774,30017,36114,1652,583$75.74$4.13
Dec 20245,0105,01418,04013,9633,820$70.12$3.01
Nov 20245,4265,41318,1239,0338,835$69.95$2.12
Oct 20246,1646,12518,80813,7024,821$71.99$2.20
Sep 20246,2426,33619,05213,3055,477$70.24$2.28
Aug 20247,5017,49019,69219,245147$76.68$1.99
Jul 20248,5778,60019,78919,284213$81.80$2.07
Jun 202410,17510,12819,62618,2351,138$79.77$2.54
May 202412,85812,92321,23919,2591,726$80.02$2.12
Apr 202415,07815,02820,03819,439383$85.35$1.60
Mar 202415,46215,38413,72711,6341,610$81.28$1.49
Feb 202411,41111,4268,4906,9781,033$77.25$1.72
Jan 202410,21210,0947,0756,57626$74.15$3.18
Dec 202355654436031825$71.90$2.52

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorFourpoint Energy, LLCFieldSpraberry (Trend Area)CountyMartin County

Fourpoint Energy, LLC in Martin County

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Spraberry (Trend Area) field

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