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Royalty Clerk

Texas oil lease

Shut in

MADISON

Madison is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

5 wells

0bbl oil, last 12 months
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-41146

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for MADISON, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Jan 2025, at 47 bbl.Last 12 months: 0 bblbbl per monthmcf per month00502001004001506002008002501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production and gas for MADISON, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Jan 2025, at 47 bbl.Last 12 monthsbbl per monthmcf per month00502001004001506002008002501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

81% of the gas went to lease fuel in the last 12 months

Flaring peaked at 19.1% of the gas in Feb 2024.

  • Lease fuel (1)
  • Flared (4)
81% of the gas went to lease fuel in the last 12 monthsShare of MADISON gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to lease fuel in the last 12 months. Flaring peaked at 19.1% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 19.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
81% of the gas went to lease fuel in the last 12 monthsShare of MADISON gas by disposition code each month, Aug 2023 to Jul 2026. 81% of the gas went to lease fuel in the last 12 months. Flaring peaked at 19.1% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 19.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    81% · 4,947 mcf

  • Flared (4)

    19% · 1,163 mcf

19.0% of the gas flared in the last 12 months. 18 months above 3%.

5 wells on this lease

Wells on MADISON
API numberWell no.Status
42-329-368551112Shut-in
42-329-370231110Shut-in
42-329-37122204Active
42-329-371301202Active
42-329-382971111Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Chevron U. S. A. Inc.Casinghead gasBuys100Mar 1, 2012–
Chevron U. S. A. Inc.Casinghead gasGathers100Mar 1, 2012–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Eastex Crude Company, LLCOilGathers50Jan 1, 2023Aug 1, 2025
Explore Logistics LLCOilGathers50Jan 1, 2023Aug 1, 2025
Eastex Crude CompanyOilGathers100Dec 1, 2014Jan 1, 2023

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

Who buys my oilOil price check

561.50 acres on the newest permit

The wells on this lease state different acreage

The permits state between 81.5 and 561.5 acres.

Permits for Madison
API numberWell no.Acreson the permit
42-329-382971111561.50
42-329-371301202561.50
42-329-3712220481.50
42-329-370231110320
42-329-368551112320

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

Unit decimal checker

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

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

Estimate your royalty

36 months, newest first

Ledger for MADISON
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202500000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 202500000$68.24$4.12
Feb 202500000$71.53$4.19
Jan 202547172398076$75.74$4.13
Dec 202411405370102$70.12$3.01
Nov 20241010519099$69.95$2.12
Oct 2024681705370102$71.99$2.20
Sep 2024600519099$70.24$2.28
Aug 20244905370102$76.68$1.99
Jul 2024461535370102$81.80$2.07
Jun 2024350484092$79.77$2.54
May 202452172484092$80.02$2.12
Apr 20241230519099$85.35$1.60
Mar 20241301725370102$81.28$1.49
Feb 2024123170502096$77.25$1.72
Jan 20241311705370102$74.15$3.18
Dec 20231521725370102$71.90$2.52
Nov 20231700519099$77.69$2.71
Oct 20232033345370102$85.64$2.98
Sep 2023205167519099$89.43$2.64
Aug 20231371695370102$81.39$2.58

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

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMidland County

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) field

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