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Texas oil lease

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MARKHAM

Markham is an oil lease in Gaines County, Texas, operated by Crescent Energy Operating, LLC in the Tex-Mex, Se. (Wichita Albany) field.

3 wells

0bbl oil, last 12 months
Operator
Crescent Energy Operating, LLC
County
Gaines County
Field
Tex-Mex, Se. (Wichita Albany)
RRC lease
8A-65175

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Oil in Aug 2026
0 bbl
Reporting since
Jan 2020
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Checks stopped on this lease?

  • Operator

    Operator changed: Crescent Energy Operating, LLC took over from Contango Resources, LLC in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since May 1, 2026 (last P-5 filed Feb 20, 2025).

  • Sales

    No sales reported for the last 9 months of state data (through Aug 2026).

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

See why checks stop on this lease

Wells on this lease and around it

Where the state's map puts this lease's 3 wells, and what has been drilled or permitted within about 2 miles of them.
Map of the Markham lease in Gaines County, Texas: its 3 wells ringed, among 200 wells and 0 recent drilling locations in a picture about 6 miles across.
  • This lease3Its wells, ringed on the map: none producing
  • Drilling locations0Permits issued in the last two years
  • Producing wells128On a lease reporting production now
  • Not producing61Shut in, inactive or no lease on record
  • Plugged11The state's wellbore record says plugged

The 3 ringed dots are this lease's wells, each where the Railroad Commission's map puts it. The other dots are wells and drilling permits of the last 24 months on the land around it; the counts are for everything in the picture, which is about 6 miles across. The thin brown lines are the original land surveys; where there is room, a survey carries its abstract number, the number deeds and division orders cite. Sources: Railroad Commission of Texas well layers, drilling permit files and survey lines, US Census Bureau county outlines, base map from USGS The National Map.

See the whole Texas well map

A one-page map of this lease to print, for a lawyer, a buyer or a probate file.

Use this map on your site

You may show this map on any site, unchanged. Keep the credit line and its link to Royalty Clerk under the map. The picture updates by itself as the state records new wells and permits.

Download the picture (WebP)
<a href="https://royaltyclerk.com/texas/leases/markham-8a-65175"><img src="https://royaltyclerk.com/maps/lease-wells/markham-8a-65175.svg" alt="Map of the Markham lease in Gaines County, Texas: its 3 wells ringed, among 200 wells and 0 recent drilling locations in a picture about 6 miles across." width="1000" height="951" loading="lazy" style="max-width:100%;height:auto;border:0"></a>
<p style="margin:4px 0 0;font-size:14px">Map: <a href="https://royaltyclerk.com/texas/leases/markham-8a-65175">Wells on the Markham lease, Gaines County, Texas</a> by Royalty Clerk, from Railroad Commission of Texas records</p>

Other leases named Markham

2 leases share this name in district 8A. The Railroad Commission gives each gas well its own number and each oil lease another, so one unit often shows up as several of these.

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 MARKHAM, Sep 2023 to Aug 2026. No oil produced in the last 12 months. The last month with output was Jan 2024, at 1 bbl.Last 12 months: 0 bblbbl per month01020304050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production for MARKHAM, Sep 2023 to Aug 2026. No oil produced in the last 12 months. The last month with output was Jan 2024, at 1 bbl.Last 12 monthsbbl per month01020304050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

From the state record

What owners ask about Markham

When is the check for November 2025 due?
November 2025 is the newest month the state has posted for this lease. Texas law gives the payor until 60 days after the end of the sale month for oil and 90 for gas: the oil by Jan 29, 2026, unless the lease sets another time.
Source: Railroad Commission production reports; Texas Natural Resources Code §91.402.
See your next three checks
Which Texas production tax rate applies?
The Texas Comptroller lists low producing leases for this lease, from Feb 1, 2016. Its file does not give the rate, so we compare your stub with the full 4.6%. That is for November 2025.
Source: Texas Comptroller, approved severance tax exemptions.
Check the tax on your stub
Who buys the oil and gas?
Oil: Hollyfrontier Ref & Mktg LLC gathers it. Gas from oil wells: Targa Midstream Services LLC buys and gathers it. The buyer's price is what a royalty check is figured on.
Source: Railroad Commission Form P-4, gatherers and purchasers.
See every buyer and past buyers
How many 1099s should an owner expect for 2025?
Two companies filed this lease's reports behind 2025 checks: Contango Resources, LLC and Crescent Energy Operating, LLC. An owner paid by more than one of them gets a form from each. The operator is not always the company that pays, so go by the names on the stubs.
Source: Railroad Commission production reports, operator of record by month.
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Free tools, already on this lease

Ask a question about Markham

33 years of state records, 1993–2026

MARKHAM since 1993

We read every monthly report the Railroad Commission holds, back to January 1993, and this lease was already producing then. It filed 404 monthly reports through August 2026.

Sold since 1993

$3.5 million

What the whole lease’s oil and gas sold for at each month’s public prices, before tax and the operator’s deductions. A royalty owner’s share is their decimal of it.

A relative owned a share? See what it earned after they died
Oil sold
87,534 bbl
Gas sold
88,519 mcf
Best year
2008$248,000 sold
Last report
Aug 2026First: Jan 1993

Its best year was 2008: $248,000 of oil and gas sold

Each bar is what the lease’s oil and gas sold for that year, at that month’s prices. 2026 is only part of a year in the records, drawn lighter.

  • Oil
  • Gas
Its best year was 2008: $248,000 of oil and gas soldMarkham: oil and gas sold each year from 1993 to 2026, at each month's prices. Its best year was 2008: $248,000 of oil and gas sold.Sold each year, at each month’s prices$0$50k$100k$150k$200k$250kPeak 2008: $248k'93'95'00'05'10'15'20'26
Its best year was 2008: $248,000 of oil and gas soldMarkham: oil and gas sold each year from 1993 to 2026, at each month's prices. Its best year was 2008: $248,000 of oil and gas sold.Sold each year, at each month’s prices$0$50k$100k$150k$200k$250kPeak 2008: $248k'93'00'05'10'15'20'26

SourceTexas Railroad Commission Production Data Query, every monthly report since January 1993; EIA monthly WTI and Henry Hub prices (before 1997, EIA's yearly Texas natural gas wellhead price), through August 2026.

Every year as a table
Markham: oil and gas sold each year
YearMonthsOil sold, bblGas sold, mcfSold for
2026 *800$0
20251250$300
20241200$0
2023123750$29,216
2022121,18451$114,732
2021121,1241,061$81,831
2020121,2921,320$52,982
2019121,4151,426$84,284
2018121,5401,879$107,428
2017128991,804$50,995
2016121,6162,008$77,720
2015121,4031,611$73,652
2014121,3752,281$137,010
2013121,2721,922$132,925
2012125231,255$52,593
201112712855$71,151
2010121,9922,080$167,178
2009121,7101,388$108,780
2008122,3331,943$248,491
2007122,2961,844$177,391
2006122,4401,588$172,330
2005121,736989$110,937
2004123,0172,391$134,674
2003124,0982,570$142,229
2002124,4262,535$123,950
2001124,6043,423$133,955
2000124,6993,637$158,249
1999125,2484,062$110,331
1998125,4453,970$86,812
1997125,6524,506$127,942
1996124,7294,244$115,647
1995125,1365,433$103,723
1994125,4538,283$108,917
1993127,78516,160$178,196

* Part of the year: the records run through August 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 4 times, most recently in Nov 2025

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Nov 2021; Contango Resources, Inc., Dec 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Aug 20262020202120222023202420252026Changed Apr 2020Changed Dec 2021Changed Jan 2022Changed Nov 2025Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Nov 2021Contango Resources, Inc.Dec 2021 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Nov 2021; Contango Resources, Inc., Dec 2021 to Dec 2021; Contango Resources, LLC, Jan 2022 to Oct 2025; Crescent Energy Operating, LLC, Nov 2025 to Aug 20262020202120222023202420252026Changed Apr 2020Changed Dec 2021Changed Jan 2022Changed Nov 2025Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Nov 2021Contango Resources, Inc.Dec 2021 to Dec 2021Contango Resources, LLCJan 2022 to Oct 2025Crescent Energy Operating, LLCNov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Aug 2026.

3 wells on this lease

Wells on MARKHAM
API numberWellStatusCompleted
42-165-33011Markham 1Shut inJan 4, 1985
42-165-34099Markham 2Shut inNov 7, 1990
42-165-37447Markham 3Shut inOct 8, 2011

SourceTexas Railroad Commission production records and full wellbore file.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Hollyfrontier Ref & Mktg LLCOilGathers100Aug 1, 2020–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Enterprise Crude Oil LLCOilGathers100May 1, 2010Aug 1, 2020

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

Who buys my oilOil price check

80.42 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 80 and 400 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Markham
API numberWell no.Acreson the permit
42-165-37447380.42
42-165-34099280
42-165-330111400

SourceRailroad Commission drilling permits, Oct 31, 2026 (source 1, source 2).

Unit decimal checker

What Crescent Energy Company told investors it received

Crescent Energy Operating, LLC is linked to Crescent Energy Company (CRGY).
Realized prices reported by Crescent Energy Company
QuarterOil$ per bblFiling
Q3 2026$84.52SEC filing
Q1 2026$71.00SEC filing
Q4 2025$62.21SEC filing
Q3 2025$63.07SEC filing
Q2 2025$61.47SEC filing
Q1 2025$67.64SEC filing

SourceCrescent Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MARKHAM
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Aug 2026Crescent Energy00$83.90$2.78
Jul 2026Crescent Energy00$80.46$2.89
Jun 2026Crescent Energy00$84.81$3.15
May 2026Crescent Energy00$102.13$2.94
Apr 2026Crescent Energy00$100.32$2.77
Mar 2026Crescent Energy00$91.38$3.04
Feb 2026Crescent Energy00$64.51$3.62
Jan 2026Crescent Energy00$60.04$7.72
Dec 2025Crescent Energy00$57.97$4.26
Nov 2025Crescent Energy05$60.06$3.79
Oct 2025Contango Resources,00$60.89$3.19
Sep 2025Contango Resources,00$63.96$2.97
Aug 2025Contango Resources,00$64.86$2.91
Jul 2025Contango Resources,00$68.39$3.20
Jun 2025Contango Resources,00$68.17$3.02
May 2025Contango Resources,00$62.17$3.12
Apr 2025Contango Resources,00$63.54$3.42
Mar 2025Contango Resources,00$68.24$4.12
Feb 2025Contango Resources,00$71.53$4.19
Jan 2025Contango Resources,00$75.74$4.13
Dec 2024Contango Resources,00$70.12$3.01
Nov 2024Contango Resources,00$69.95$2.12
Oct 2024Contango Resources,00$71.99$2.20
Sep 2024Contango Resources,00$70.24$2.28
Aug 2024Contango Resources,00$76.68$1.99
Jul 2024Contango Resources,00$81.80$2.07
Jun 2024Contango Resources,00$79.77$2.54
May 2024Contango Resources,00$80.02$2.12
Apr 2024Contango Resources,00$85.35$1.60
Mar 2024Contango Resources,00$81.28$1.49
Feb 2024Contango Resources,00$77.25$1.72
Jan 2024Contango Resources,10$74.15$3.18
Dec 2023Contango Resources,170$71.90$2.52
Nov 2023Contango Resources,47184$77.69$2.71
Oct 2023Contango Resources,440$85.64$2.98
Sep 2023Contango Resources,10$89.43$2.64

SourceTexas Railroad Commission Production Data Query, through Aug 2026. Prices: EIA, through Oct 2026. Updated Oct 30, 2026.

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Nearby

This lease belongs to

OperatorCrescent Energy Operating, LLCFieldTex-Mex, Se. (Wichita Albany)CountyGaines County

Crescent Energy Operating, LLC in Gaines County

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Tex-Mex, Se. (Wichita Albany) field

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