Skip to content
Royalty Clerk

Texas gas well

Producing

MADISON 2-11

Madison 2-11 is a gas well in Reeves County, Texas, operated by Coterra Energy Operating Co. in the Phantom (Wolfcamp) field.

1 well

57,777mcf gas, last 12 months−18% vs prior year
RRC lease
08-283510

Is your check right?

Check my statement

Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
9,781 bbl
Gas in Jul 2026
6,210 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Coterra Energy Operating Co. took over from Cimarex Energy Co. in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as delinquent (last P-5 filed Jul 8, 2025).

  • Buyer

    Buyer changed: COTERRA ENERGY OPERATING CO. replaced CIMAREX ENERGY CO. as the buyer of this lease's gas from gas wells on Jan 1, 2026.

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

See why checks stop on this lease

Production by month

Gas output fell 18% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 18% over the last 12 monthsMonthly gas production and oil for MADISON 2-11, Aug 2023 to Jul 2026. Gas output fell 18% over the last 12 months. 57,777 mcf in the 12 months through Jul 2026, against 70,643 mcf in the 12 months before.Last 12 months: 57,777 mcfmcf per monthbbl per month002,0005004,0001,0006,0001,5008,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 18% over the last 12 monthsMonthly gas production and oil for MADISON 2-11, Aug 2023 to Jul 2026. Gas output fell 18% over the last 12 months. 57,777 mcf in the 12 months through Jul 2026, against 70,643 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,0005004,0001,0006,0001,5008,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a processing plant in the last 12 monthsShare of MADISON 2-11 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of MADISON 2-11 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Nov 2025

Operators of this lease over timeCimarex Energy Co., Jan 2020 to Oct 2025; Coterra Energy Operating Co., Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 2025Cimarex Energy Co.Jan 2020 to Oct 2025Coterra Energy Operating Co.Nov 2025 to now
Operators of this lease over timeCimarex Energy Co., Jan 2020 to Oct 2025; Coterra Energy Operating Co., Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 2025Cimarex Energy Co.Jan 2020 to Oct 2025Coterra Energy Operating Co.Nov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MADISON 2-11
API numberWell no.Status
42-389-356953HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers50Dec 1, 2022–
Etp Crude LLCCondensateGathers50Oct 6, 2017–
Coterra Energy Operating Co.Gas-well gasBuys100Jan 1, 2026–
Coterra Energy Operating Co.Gas-well gasGathers100Jan 1, 2026–
Cimarex Energy Co.Gas-well gasGathers100Oct 6, 2017Jan 1, 2026
Cimarex Energy Co.Gas-well gasBuys100Oct 6, 2017Jan 1, 2026
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50Oct 6, 2017Dec 1, 2022

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

636.60 acres on the newest permit

Permits for Madison 2-11
API numberWell no.Acreson the permit
42-389-356953H636.60

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

What Devon Energy Corporation told investors it received

Coterra Energy Operating Co. is linked to Devon Energy Corporation (CTRA).
Realized prices reported by Devon Energy Corporation
QuarterOil$ per bblFiling
Q2 2026$95.10SEC filing
Q1 2026$70.79SEC filing
Q3 2025$64.10SEC filing
Q2 2025$62.80SEC filing
Q1 2025$69.73SEC filing
Q3 2024$74.04SEC filing

SourceDevon Energy Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MADISON 2-11
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Coterra Energy6466576,2106,2100$80.46$2.89
Jun 2026Coterra Energy7086895,7675,7670$84.81$3.15
May 2026Coterra Energy7848285,6675,6670$102.13$2.94
Apr 2026Coterra Energy8758165,2655,2650$100.32$2.77
Mar 2026Coterra Energy7867913,8253,8250$91.38$3.04
Feb 2026Coterra Energy6826553,1473,1470$64.51$3.62
Jan 2026Coterra Energy6556832,9352,9350$60.04$7.72
Dec 2025Coterra Energy7697715,5345,5340$57.97$4.26
Nov 2025Coterra Energy7707715,2345,2340$60.06$3.79
Oct 2025Cimarex Energy1,0101,0835,7055,7050$60.89$3.19
Sep 2025Cimarex Energy1,5071,3876,4576,4570$63.96$2.97
Aug 2025Cimarex Energy5895872,0312,0310$64.86$2.91
Jul 2025Cimarex Energy6927122,6032,6030$68.39$3.20
Jun 2025Cimarex Energy1,0161,0376,6616,6610$68.17$3.02
May 2025Cimarex Energy1,1781,1825,5385,5380$62.17$3.12
Apr 2025Cimarex Energy1,0241,0075,6755,6750$63.54$3.42
Mar 2025Cimarex Energy1,0741,0776,0996,0990$68.24$4.12
Feb 2025Cimarex Energy8878746,5146,5140$71.53$4.19
Jan 2025Cimarex Energy9339496,2536,2530$75.74$4.13
Dec 2024Cimarex Energy9899716,5856,5850$70.12$3.01
Nov 2024Cimarex Energy9189406,3586,3580$69.95$2.12
Oct 2024Cimarex Energy9871,0016,4456,4450$71.99$2.20
Sep 2024Cimarex Energy9999876,0596,0590$70.24$2.28
Aug 2024Cimarex Energy9819835,8535,8530$76.68$1.99
Jul 2024Cimarex Energy9729645,3095,3090$81.80$2.07
Jun 2024Cimarex Energy9951,0094,6524,6520$79.77$2.54
May 2024Cimarex Energy1,1161,0844,9054,9050$80.02$2.12
Apr 2024Cimarex Energy1,0501,0474,8864,8860$85.35$1.60
Mar 2024Cimarex Energy9249225,1385,1380$81.28$1.49
Feb 2024Cimarex Energy9679885,3065,3060$77.25$1.72
Jan 2024Cimarex Energy1,1981,1756,0676,0670$74.15$3.18
Dec 2023Cimarex Energy1,0781,0986,1386,1380$71.90$2.52
Nov 2023Cimarex Energy1,0711,0736,1466,1460$77.69$2.71
Oct 2023Cimarex Energy1,1501,1656,1646,1640$85.64$2.98
Sep 2023Cimarex Energy1,1091,0775,3015,3010$89.43$2.64
Aug 2023Cimarex Energy1,0101,0325,9235,9230$81.39$2.58

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Leases within 10 km

Drilling permits within 10 km