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Producing

MADISON 04D

Madison 04D is an oil lease in Howard County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

1 well

42,807bbl oil, last 12 months−22% vs prior year
Operator
Ovintiv USA Inc.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-56067

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
319,195 mcf
Oil in Jul 2026
3,352 bbl

Production by month

Oil output fell 22% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for MADISON 04D, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 42,807 bbl in the 12 months through Jul 2026, against 54,896 bbl in the 12 months before.Last 12 months: 42,807 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 22% over the last 12 monthsMonthly oil production and gas for MADISON 04D, Aug 2023 to Jul 2026. Oil output fell 22% over the last 12 months. 42,807 bbl in the 12 months through Jul 2026, against 54,896 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 46.2% of the gas in Sep 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of MADISON 04D gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 46.2% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 46.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of MADISON 04D gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 46.2% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 46.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    80% · 256,270 mcf

  • Transmission line (2)

    14% · 45,513 mcf

  • Flared (4)

    2.9% · 9,337 mcf

  • Lease fuel (1)

    2.5% · 8,075 mcf

2.9% of the gas flared in the last 12 months. 9 months above 3%.

1 well on this lease

Wells on MADISON 04D
API numberWell no.Status
42-227-407043HKActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Nov 9, 2020–
Enterprise Products Operating LLCCasinghead gasBuys100May 1, 2022–
Enterprise Products Operating LLCCasinghead gasGathers100May 1, 2022–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Nov 9, 2020May 1, 2022
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Nov 9, 2020May 1, 2022

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

Who buys my oilOil price check

1,765.08 acres on the newest permit

An allocation well is on this lease

Permits for Madison 04D
API numberWell no.Acreson the permit
42-227-407043HK1,765.08

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

Unit decimal checker

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV).
Realized prices reported by Ovintiv Inc.
QuarterOil$ per bblFiling
Q2 2026$100.69SEC filing
Q1 2026$72.62SEC filing
Q4 2025$59.55SEC filing
Q3 2025$66.22SEC filing
Q2 2025$64.50SEC filing
Q1 2025$71.79SEC filing

SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MADISON 04D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,3523,35330,44229,71681$80.46$2.89
Jun 20262,4872,54722,01220,1001,380$84.81$3.15
May 20263,1983,17426,28925,4130$102.13$2.94
Apr 20263,0433,03422,25021,53569$100.32$2.77
Mar 20263,2273,26323,93823,2780$91.38$3.04
Feb 20262,9652,92125,41524,320340$64.51$3.62
Jan 20262,3462,33918,51517,616358$60.04$7.72
Dec 20254,0504,07929,70227,6701,346$57.97$4.26
Nov 20254,0534,05329,35928,060637$60.06$3.79
Oct 20254,6534,65531,50428,8231,973$60.89$3.19
Sep 20254,6344,63829,46926,8161,982$63.96$2.97
Aug 20254,7994,76430,30028,4361,171$64.86$2.91
Jul 20255,3755,37631,49630,74634$68.39$3.20
Jun 20255,5675,63030,99930,068233$68.17$3.02
May 20256,3556,39032,58431,83415$62.17$3.12
Apr 20256,6406,57631,50530,106677$63.54$3.42
Mar 20256,8326,81831,93931,061139$68.24$4.12
Feb 20256,2986,25620,12019,349227$71.53$4.19
Jan 20251,9672,0307,3916,99427$75.74$4.13
Dec 20243,0643,08112,16911,5400$70.12$3.01
Nov 20243,1083,05612,18711,47390$69.95$2.12
Oct 20243,0873,21810,0889,508214$71.99$2.20
Sep 20242,9882,8339,4768,895272$70.24$2.28
Aug 20243,6153,62810,2429,189701$76.68$1.99
Jul 20243,7743,78111,0989,897842$81.80$2.07
Jun 20243,6403,61710,4359,856233$79.77$2.54
May 20243,9544,00610,74910,248140$80.02$2.12
Apr 20244,0574,02410,88610,5060$85.35$1.60
Mar 20244,2294,23610,69310,2920$81.28$1.49
Feb 20244,4004,39910,0129,6820$77.25$1.72
Jan 20244,9024,92411,45211,02454$74.15$3.18
Dec 20235,4065,38712,41811,96220$71.90$2.52
Nov 20235,5245,51211,95711,6000$77.69$2.71
Oct 20235,8595,87211,82711,4629$85.64$2.98
Sep 20235,9315,93511,1275,6445,143$89.43$2.64
Aug 20236,6836,67011,5277,4333,739$81.39$2.58

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

This lease belongs to

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyHoward County

Ovintiv USA Inc. in Howard County

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Spraberry (Trend Area) field

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