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Texas oil lease

Shut in

MADISON, N. W.

Madison, N. W. is an oil lease in Martin County, Texas, operated by Extex Operating Company in the Spraberry (Trend Area) field.

2 wells

0bbl oil, last 12 months
Operator
Extex Operating Company
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-28530

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin 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.

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Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production for MADISON, N. W., Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Oct 2024, at 12 bbl.Last 12 months: 0 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production for MADISON, N. W., Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Oct 2024, at 12 bbl.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

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

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on MADISON, N. W.
API numberWell no.Status
42-317-327521Shut-in
42-317-327952Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Rio Energy International, Inc.OilGathers100Jun 1, 2023–
Wtg Gas Processing, L.p.Casinghead gasGathers100Jul 1, 2005Jun 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Feb 1, 2021Jun 1, 2023
Dorado Oil CompanyOilGathers100Aug 1, 2018Jun 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Mar 1, 2017Feb 1, 2021

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

Who buys my oilOil price check

160 acres on the newest permit

Check your decimal on this lease
Permits for Madison, N. W.
API numberWell no.Acreson the permit
42-317-327952160
42-317-327521160

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

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36 months, newest first

Ledger for MADISON, N. W.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating00$80.46$2.89
Jun 2026Extex Operating00$84.81$3.15
May 2026Extex Operating00$102.13$2.94
Apr 2026Extex Operating00$100.32$2.77
Mar 2026Extex Operating00$91.38$3.04
Feb 2026Extex Operating00$64.51$3.62
Jan 2026Extex Operating00$60.04$7.72
Dec 2025Extex Operating00$57.97$4.26
Nov 2025Extex Operating00$60.06$3.79
Oct 2025Extex Operating00$60.89$3.19
Sep 2025Extex Operating00$63.96$2.97
Aug 2025Extex Operating00$64.86$2.91
Jul 2025Extex Operating00$68.39$3.20
Jun 2025Extex Operating00$68.17$3.02
May 2025Extex Operating00$62.17$3.12
Apr 2025Extex Operating00$63.54$3.42
Mar 2025Extex Operating00$68.24$4.12
Feb 2025Extex Operating00$71.53$4.19
Jan 2025Extex Operating00$75.74$4.13
Dec 2024Extex Operating00$70.12$3.01
Nov 2024Extex Operating00$69.95$2.12
Oct 2024Extex Operating1211$71.99$2.20
Sep 2024Extex Operating90$70.24$2.28
Aug 2024Extex Operating49178$76.68$1.99
Jul 2024Extex Operating730$81.80$2.07
Jun 2024Extex Operating690$79.77$2.54
May 2024Extex Operating69168$80.02$2.12
Apr 2024Extex Operating680$85.35$1.60
Mar 2024Extex Operating73171$81.28$1.49
Feb 2024Extex Operating650$77.25$1.72
Jan 2024Extex Operating730$74.15$3.18
Dec 2023Extex Operating72190$71.90$2.52
Nov 2023Extex Operating380$77.69$2.71
Oct 2023Extex Operating71164$85.64$2.98
Sep 2023Extex Operating630$89.43$2.64
Aug 2023Extex Operating77187$81.39$2.58

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

OperatorExtex Operating CompanyFieldSpraberry (Trend Area)CountyMartin County

Extex Operating Company in Martin County

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Spraberry (Trend Area) field

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