Texas oil lease

Producing

MADISON 35-26-C

Name: MADISON 35-26-C monthly oil and gas production, Martin County, Texas
Creator: Texas Railroad Commission

Madison 35-26-C is an oil lease in Martin County, Texas, operated by Cutbow Operating, LLC in the Spraberry (Trend Area) field.

1 well

172,459bbl oil, since Dec 2025

Operator: Cutbow Operating, LLC
County: Martin County
Field: Spraberry (Trend Area)
RRC lease: 08-64524

Is your check right?

Check my statement

Where it sits

This county

Martin County

Gas, since Dec 2025: 522,903 mcf
Oil in Jul 2026: 11,238 bbl

First check

Production started December 2025; the first check is due by about April 30, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output fell 63% since Dec 2025

Oil (bars)
Gas (line)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 8 months reported

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MADISON 35-26-C
API number	Well no.	Status
42-317-46548	U 05WB	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Energy Transfer Company	Oil	Gathers	100	Dec 3, 2025
Energy Transfer Company	Casinghead gas	Buys	100	Dec 3, 2025
Energy Transfer Company	Casinghead gas	Gathers	100	Dec 3, 2025

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

Who buys my oil Oil price check

483.91 acres on the newest permit

Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease

Permits for Madison 35-26-C
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-317-46548	U 05WB	Dec 13, 2024	Dec 3, 2025	483.91	Horizontal, allocation

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

Unit decimal checker

Estimate your royalty

8 months, newest first

Ledger for MADISON 35-26-C
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	11,238	11,238	60,908	60,908	$80.46	$2.89
Jun 2026	12,637	12,637	67,786	67,786	$84.81	$3.15
May 2026	12,984	12,984	58,154	58,154	$102.13	$2.94
Apr 2026	15,388	15,388	65,954	65,954	$100.32	$2.77
Mar 2026	20,685	20,685	81,280	81,280	$91.38	$3.04
Feb 2026	28,260	28,260	86,725	86,725	$64.51	$3.62
Jan 2026	37,087	37,087	65,535	65,535	$60.04	$7.72
Dec 2025	34,180	34,130	36,561	36,561	$57.97	$4.26

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?