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Texas oil lease

Producing

MADGE UNIT

Madge Unit is an oil lease in Scurry County, Texas, operated by Walsh & Watts, Inc. in the Garden City, S. (Wolfcamp) field.

1 well

4,596bbl oil, last 12 months−55% vs prior year
RRC lease
08-55861

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Where it sits

This county

Scurry CountyScurryFisherGarzaStonewallKentBordenScurry County
Scurry County
Gas, last 12 months
28,247 mcf
Oil in Jun 2026
446 bbl

Production by month

Oil output fell 55% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for MADGE UNIT, Aug 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 4,107 bbl in the 12 months through Jul 2026, against 9,221 bbl in the 12 months before.Last 12 months: 4,107 bblbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for MADGE UNIT, Aug 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 4,107 bbl in the 12 months through Jul 2026, against 9,221 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 100.0% of the gas in Nov 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of MADGE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 100.0% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineFlared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of MADGE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 100.0% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Aug 24: plant to lineFlared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    52% · 16,545 mcf

  • Flared (4)

    48% · 15,243 mcf

48.0% of the gas flared in the last 12 months. 13 months above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2024

Operators of this lease over timePeregrine Petroleum Prtnr, Ltd., Aug 2021 to Feb 2024; Walsh & Watts, Inc., Mar 2024 to Jun 202620222023202420252026Changed Mar 2024Peregrine Petroleum Prtnr, Lt…Aug 2021 to Feb 2024Walsh & Watts, Inc.Mar 2024 to now
Operators of this lease over timePeregrine Petroleum Prtnr, Ltd., Aug 2021 to Feb 2024; Walsh & Watts, Inc., Mar 2024 to Jun 202620222023202420252026Changed Mar 2024Peregrine Petroleum Prtnr, Ltd.Aug 2021 to Feb 2024Walsh & Watts, Inc.Mar 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MADGE UNIT
API numberWell no.Status
42-415-355561HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Explore Logistics LLCOilGathers100Apr 1, 2025–
Transoil Marketing, LLCOilGathers100Mar 5, 2021Apr 1, 2025

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

481.07 acres on the newest permit

Permits for Madge Unit
API numberWell no.Acreson the permit
42-415-355561H481.07

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for MADGE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Walsh &4463422,0862,0860$84.81$3.15
May 2026Walsh &4686942,5182,5180$102.13$2.94
Apr 2026Walsh &4893592,0612,0610$100.32$2.77
Mar 2026Walsh &4483652,6292,529100$91.38$3.04
Feb 2026Walsh &00000$64.51$3.62
Jan 2026Walsh &3523741,2472401,007$60.04$7.72
Dec 2025Walsh &3073541,7134391,274$57.97$4.26
Nov 2025Walsh &3033632,79902,799$60.06$3.79
Oct 2025Walsh &5323633,12693,117$60.89$3.19
Sep 2025Walsh &2103572,3353232,012$63.96$2.97
Aug 2025Walsh &5523604,0702,6971,373$64.86$2.91
Jul 2025Walsh &4896933,6632,955708$68.39$3.20
Jun 2025Walsh &6277073,5416882,853$68.17$3.02
May 2025Walsh &6133633,6731,5342,139$62.17$3.12
Apr 2025Walsh &6177263,4511,3432,108$63.54$3.42
Mar 2025Walsh &6156873,6443,029615$68.24$4.12
Feb 2025Walsh &7306873,5983,5980$71.53$4.19
Jan 2025Walsh &7597014,4274,4270$75.74$4.13
Dec 2024Walsh &8171,0484,3314,3310$70.12$3.01
Nov 2024Walsh &8817154,2164,2160$69.95$2.12
Oct 2024Walsh &9221,0454,2744,2740$71.99$2.20
Sep 2024Walsh &1,0016983,9493,9490$70.24$2.28
Aug 2024Walsh &1,1501,0274,6614,6610$76.68$1.99
Jul 2024Walsh &00000$81.80$2.07
Jun 2024Walsh &00000$79.77$2.54
May 2024Walsh &00000$80.02$2.12
Apr 2024Walsh &00000$85.35$1.60
Mar 2024Walsh &0180000$81.28$1.49
Feb 2024Peregrine Petroleum3463621,4681,4680$77.25$1.72
Jan 2024Peregrine Petroleum7587284,1934,1930$74.15$3.18
Dec 2023Peregrine Petroleum9081,0666,4516,4510$71.90$2.52
Nov 2023Peregrine Petroleum9327296,1235,812311$77.69$2.71
Oct 2023Peregrine Petroleum1,1031,0657,0657,0650$85.64$2.98
Sep 2023Peregrine Petroleum1,1131,0747,3197,3190$89.43$2.64
Aug 2023Peregrine Petroleum1,2451,4317,6737,6730$81.39$2.58

No report filed Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Walsh & Watts, Inc. in Scurry County

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Garden City, S. (Wolfcamp) field

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