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Royalty Clerk

Texas oil lease · RRC district 8A · Lease 70408

No report in 6+ months

MADISON

Madison is an oil lease in Borden County, Texas, operated by Urban Oil & Gas Group, LLC in the Peg's Draw (Mississippian) field.

Oil lease dossier

0bbl oil, last 12 months
Operator
Urban Oil & Gas Group, LLC
County
Borden County
Field
Peg's Draw (Mississippian)
RRC lease
8A-70408

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Where it sits

This county

Borden CountyBordenLynnGarzaKentScurryDawsonBorden County
Borden County · RRC district 8AOpen Borden County →
Oil in Sep 2022
0 bbl
Reporting to the state
since Jan 2020

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

No production to chart

The state shows zero oil and zero gas for all 33 months we hold (Jan 2020 to Sep 2022). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Urban Oil & Gas Group, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeUrban Oil & Gas Group, LLC, Jan 2020 to Sep 2022202020212022Urban Oil & Gas Group, LLCJan 2020 to nowthrough Sep 2022
Operators of this lease over timeUrban Oil & Gas Group, LLC, Jan 2020 to Sep 2022202020212022Urban Oil & Gas Group, LLCJan 2020 to nowthrough Sep 2022

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

Wells on this lease

Every well the Railroad Commission links to oil lease 70408 in district 8A. The API number is the state’s ID for a well.

No wells are linked to this lease in our data

Older leases and some gas wells are filed without well records. Production is still reported at lease level, so the charts and ledger on this page are unaffected.

Unit and wells

640 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
10 not plugged
Horizontal
0
First completion
Dec 9, 2015
Latest permit
Nov 9, 2015
Wells and acres on the permits for Madison
API numberWell no.Acreson the permit
42-033-320954401640

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says MADISON sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

33 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for MADISON
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Sep 2022Urban Oil0191$84.26$7.88
Aug 2022Urban Oil00$93.67$8.81
Jul 2022Urban Oil00$101.62$7.28
Jun 2022Urban Oil00$114.84$7.70
May 2022Urban Oil00$109.55$8.14
Apr 2022Urban Oil00$101.78$6.60
Mar 2022Urban Oil00$108.50$4.90
Feb 2022Urban Oil00$91.64$4.69
Jan 2022Urban Oil00$83.22$4.38
Dec 2021Urban Oil00$71.71$3.76
Nov 2021Urban Oil00$79.15$5.05
Oct 2021Urban Oil00$81.48$5.51
Sep 2021Urban Oil00$71.65$5.16
Aug 2021Urban Oil00$67.73$4.07
Jul 2021Urban Oil00$72.49$3.84
Jun 2021Urban Oil00$71.38$3.26
May 2021Urban Oil00$65.17$2.91
Apr 2021Urban Oil00$61.72$2.66
Mar 2021Urban Oil00$62.33$2.62
Feb 2021Urban Oil00$59.04$5.35
Jan 2021Urban Oil00$52.00$2.71
Dec 2020Urban Oil00$47.02$2.58
Nov 2020Urban Oil00$40.94$2.61
Oct 2020Urban Oil00$39.40$2.39
Sep 2020Urban Oil00$39.63$1.92
Aug 2020Urban Oil00$42.34$2.30
Jul 2020Urban Oil00$40.71$1.76
Jun 2020Urban Oil00$38.31$1.63
May 2020Urban Oil00$28.56$1.75
Apr 2020Urban Oil00$16.55$1.74
Mar 2020Urban Oil00$29.21$1.79
Feb 2020Urban Oil00$50.54$1.91
Jan 2020Urban Oil00$57.52$2.02

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for MADISON. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Urban Oil & Gas Group, LLC.

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  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorUrban Oil & Gas Group, LLCFieldPeg's Draw (Mississippian)CountyBorden County

Urban Oil & Gas Group, LLC in Borden County

No other producing leases from this operator in this county are in our data yet.

Peg's Draw (Mississippian) field

All leases in this field →

New drilling permits in Borden County

We do not have coordinates for this lease, so these are the newest permits in its county.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Sep 2022?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 70408, district 8A, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.