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Texas oil lease

Producing

MADISON 137

Madison 137 is an oil lease in Martin County, Texas, operated by Oxyrock Operating, LLC in the Spraberry (Trend Area) field.

4 wells

10,227bbl oil, last 12 months−23% vs prior year
RRC lease
08-44893

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
15,890 mcf
Oil in Jul 2026
771 bbl

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for MADISON 137, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 10,227 bbl in the 12 months through Jul 2026, against 13,353 bbl in the 12 months before.Last 12 months: 10,227 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for MADISON 137, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 10,227 bbl in the 12 months through Jul 2026, against 13,353 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,0002,5002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 35.2% of the gas in Sep 2024.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of MADISON 137 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 35.2% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 35.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of MADISON 137 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 35.2% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 35.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 15,807 mcf

  • Flared (4)

    0.5% · 83 mcf

0.5% of the gas flared in the last 12 months. 5 months above 3%.

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Crownquest Operating, LLCJan 2020 to Jul 2024Oxyrock Operating, LLCAug 2024 to now
Operators of this lease over timeCrownquest Operating, LLC, Jan 2020 to Jul 2024; Oxyrock Operating, LLC, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Crownquest Operating, LLCJan 2020 to Jul 2024Oxyrock Operating, LLCAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on MADISON 137
API numberWell no.Status
42-317-387291Active
42-317-397522Active
42-317-397573Active
42-317-397604Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Jan 1, 2021–
Energy Transfer Marketing & TermCasinghead gasBuys100Mar 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2025
Wtg Gas Processing, L.p.Casinghead gasGathers100Sep 9, 2013Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 9, 2013Aug 1, 2024
Rio Energy International, Inc.OilGathers100May 1, 2019Jan 1, 2021
Lpc Crude Oil Marketing LLCOilGathers100Jul 1, 2015May 1, 2019

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

300 acres on the newest permit

Permits for Madison 137
API numberWell no.Acreson the permit
42-317-397604300
42-317-397522300
42-317-397573300
42-317-387291300

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

Estimate your royalty

36 months, newest first

Ledger for MADISON 137
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Oxyrock Operating,7717261,8631,8630$80.46$2.89
Jun 2026Oxyrock Operating,6937611,5141,5140$84.81$3.15
May 2026Oxyrock Operating,8097601,1871,1870$102.13$2.94
Apr 2026Oxyrock Operating,7747701,1631,1630$100.32$2.77
Mar 2026Oxyrock Operating,7447321,1131,03083$91.38$3.04
Feb 2026Oxyrock Operating,7347141,1941,1940$64.51$3.62
Jan 2026Oxyrock Operating,7757591,1741,1740$60.04$7.72
Dec 2025Oxyrock Operating,8327181,1771,1770$57.97$4.26
Nov 2025Oxyrock Operating,7188831,1861,1860$60.06$3.79
Oct 2025Oxyrock Operating,9596771,2021,2020$60.89$3.19
Sep 2025Oxyrock Operating,9681,1141,3111,3110$63.96$2.97
Aug 2025Oxyrock Operating,1,4501,5891,8061,8060$64.86$2.91
Jul 2025Oxyrock Operating,1,7361,7781,5111,5110$68.39$3.20
Jun 2025Oxyrock Operating,2,2342,1511,5931,5930$68.17$3.02
May 2025Oxyrock Operating,1,6291,4581,0911,0910$62.17$3.12
Apr 2025Oxyrock Operating,1,2201,0609179170$63.54$3.42
Mar 2025Oxyrock Operating,0071710$68.24$4.12
Feb 2025Oxyrock Operating,7371,0529879870$71.53$4.19
Jan 2025Oxyrock Operating,9519151,5111,5110$75.74$4.13
Dec 2024Oxyrock Operating,1,1761,2661,7021,7020$70.12$3.01
Nov 2024Oxyrock Operating,6843631,2361,2360$69.95$2.12
Oct 2024Oxyrock Operating,9651,2541,2471,2470$71.99$2.20
Sep 2024Oxyrock Operating,9881,0881,479959520$70.24$2.28
Aug 2024Oxyrock Operating,1,0337391,6291,54980$76.68$1.99
Jul 2024Crownquest Operating,1,0231,0531,6431,6430$81.80$2.07
Jun 2024Crownquest Operating,1,0101,2661,5731,5730$79.77$2.54
May 2024Crownquest Operating,1,0329031,4551,4550$80.02$2.12
Apr 2024Crownquest Operating,1,0351,1141,4831,195288$85.35$1.60
Mar 2024Crownquest Operating,9337161,1641,1640$81.28$1.49
Feb 2024Crownquest Operating,1,0811,0521,1851,1850$77.25$1.72
Jan 2024Crownquest Operating,1,1061,4421,1051,09510$74.15$3.18
Dec 2023Crownquest Operating,1,0965731,3401,3400$71.90$2.52
Nov 2023Crownquest Operating,1,0401,1061,6081,6080$77.69$2.71
Oct 2023Crownquest Operating,1,1201,4081,6961,6960$85.64$2.98
Sep 2023Crownquest Operating,1,0461,0921,7651,7650$89.43$2.64
Aug 2023Crownquest Operating,1,1301,0981,7291,529200$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

Oxyrock Operating, LLC in Martin County

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Spraberry (Trend Area) field

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