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Texas oil lease

Producing

MADRID

Madrid is an oil lease in Sterling County, Texas, operated by Owl Ops LLC in the Garden City, S. (Wolfcamp) field.

1 well

1,161bbl oil, last 12 months+18% vs prior year
Operator
Owl Ops LLC
County
Sterling County
Field
Garden City, S. (Wolfcamp)
RRC lease
08-44119

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Where it sits

This county

Sterling CountySterlingTom GreenMitchellNolanGlasscockHowardCokeSterling County
Sterling County
Oil in Jul 2026
151 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 18% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 18% over the last 12 monthsMonthly oil production for MADRID, Aug 2023 to Jul 2026. Oil output rose 18% over the last 12 months. 1,161 bbl in the 12 months through Jul 2026, against 983 bbl in the 12 months before.Last 12 months: 1,161 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 18% over the last 12 monthsMonthly oil production for MADRID, Aug 2023 to Jul 2026. Oil output rose 18% over the last 12 months. 1,161 bbl in the 12 months through Jul 2026, against 983 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 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 2023

Operators of this lease over timeOXY USA Inc., Jan 2020 to Jan 2023; Owl Ops LLC, Feb 2023 to Jul 20262020202120222023202420252026Changed Feb 2023OXY USA Inc.Jan 2020 to Jan 2023Owl Ops LLCFeb 2023 to now
Operators of this lease over timeOXY USA Inc., Jan 2020 to Jan 2023; Owl Ops LLC, Feb 2023 to Jul 20262020202120222023202420252026Changed Feb 2023OXY USA Inc.Jan 2020 to Jan 2023Owl Ops LLCFeb 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MADRID
API numberWell no.Status
42-431-333911101HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Mar 1, 2023–
Canes Midstream G&p LLCCasinghead gasBuys100Feb 1, 2023–
Canes Midstream G&p LLCCasinghead gasGathers100Feb 1, 2023–
Oasis Transp & Marketing Corp.OilGathers100Feb 1, 2023Mar 1, 2023
Lucid Energy Westex, LLCCasinghead gasGathers100Mar 14, 2013Feb 1, 2023
Lucid Energy Westex, LLCCasinghead gasBuys100Mar 14, 2013Feb 1, 2023
Bridger Transportation, LLCOilGathers50Aug 1, 2014Feb 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Mar 14, 2013Feb 1, 2023

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

Who buys my oilOil price check

1,923.80 acres on the newest permit

Permits for Madrid
API numberWell no.Acreson the permit
42-431-333911101H1,923.80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for MADRID
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Owl Ops151354$80.46$2.89
Jun 2026Owl Ops307182$84.81$3.15
May 2026Owl Ops00$102.13$2.94
Apr 2026Owl Ops00$100.32$2.77
Mar 2026Owl Ops00$91.38$3.04
Feb 2026Owl Ops350$64.51$3.62
Jan 2026Owl Ops89180$60.04$7.72
Dec 2025Owl Ops210179$57.97$4.26
Nov 2025Owl Ops328364$60.06$3.79
Oct 2025Owl Ops00$60.89$3.19
Sep 2025Owl Ops00$63.96$2.97
Aug 2025Owl Ops410$64.86$2.91
Jul 2025Owl Ops750$68.39$3.20
Jun 2025Owl Ops97185$68.17$3.02
May 2025Owl Ops127178$62.17$3.12
Apr 2025Owl Ops700$63.54$3.42
Mar 2025Owl Ops220$68.24$4.12
Feb 2025Owl Ops73192$71.53$4.19
Jan 2025Owl Ops1140$75.74$4.13
Dec 2024Owl Ops610$70.12$3.01
Nov 2024Owl Ops41180$69.95$2.12
Oct 2024Owl Ops800$71.99$2.20
Sep 2024Owl Ops96182$70.24$2.28
Aug 2024Owl Ops127188$76.68$1.99
Jul 2024Owl Ops1030$81.80$2.07
Jun 2024Owl Ops780$79.77$2.54
May 2024Owl Ops96182$80.02$2.12
Apr 2024Owl Ops1110$85.35$1.60
Mar 2024Owl Ops133364$81.28$1.49
Feb 2024Owl Ops610$77.25$1.72
Jan 2024Owl Ops1170$74.15$3.18
Dec 2023Owl Ops132171$71.90$2.52
Nov 2023Owl Ops117195$77.69$2.71
Oct 2023Owl Ops1160$85.64$2.98
Sep 2023Owl Ops137180$89.43$2.64
Aug 2023Owl Ops154179$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorOwl Ops LLCFieldGarden City, S. (Wolfcamp)CountySterling County

Owl Ops LLC in Sterling County

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Garden City, S. (Wolfcamp) field

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