Skip to content
Royalty Clerk

Texas oil lease

Producing

MARTINSVILLE 120

Martinsville 120 is an oil lease in Ward County, Texas, operated by Manti Tarka Permian Op, LLC in the Phantom (Wolfcamp) field.

2 wells

11,575bbl oil, last 12 months−57% vs prior year
Operator
Manti Tarka Permian Op, LLC
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-44686

Is your check right?

Check my statement

Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
9,158 mcf
Oil in Jul 2026
807 bbl

Production by month

Oil output fell 57% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 57% over the last 12 monthsMonthly oil production and gas for MARTINSVILLE 120, Aug 2023 to Jul 2026. Oil output fell 57% over the last 12 months. 11,575 bbl in the 12 months through Jul 2026, against 26,646 bbl in the 12 months before.Last 12 months: 11,575 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 57% over the last 12 monthsMonthly oil production and gas for MARTINSVILLE 120, Aug 2023 to Jul 2026. Oil output fell 57% over the last 12 months. 11,575 bbl in the 12 months through Jul 2026, against 26,646 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

Flaring peaked at 9.4% of the gas in Sep 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of MARTINSVILLE 120 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.4% of the gas in Sep 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of MARTINSVILLE 120 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.4% of the gas in Sep 2023.Share of gas by disposition code0%50%100%Flared 9.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on MARTINSVILLE 120
API numberWell no.Status
42-475-362671HActive
42-475-364134HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Pipeline LLCOilGathers90Jan 1, 2024–
Enterprise Crude Oil LLCOilGathers10Jan 1, 2024–
Targa Midstream Services LLCCasinghead gasBuys100May 13, 2013–
Targa Midstream Services LLCCasinghead gasGathers100May 13, 2013–
Enterprise Crude Pipeline LLCOilGathers100May 13, 2013Jan 1, 2024

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

Who buys my oilOil price check

640 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Martinsville 120
API numberWell no.Acreson the permit
42-475-364134H640
42-475-362671H640

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for MARTINSVILLE 120
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202680771983830$80.46$2.89
Jun 202663971796960$84.81$3.15
May 20268119901331330$102.13$2.94
Apr 202686462485850$100.32$2.77
Mar 20267828202282280$91.38$3.04
Feb 20269711,0679109100$64.51$3.62
Jan 20261,1689788628620$60.04$7.72
Dec 20258379217127120$57.97$4.26
Nov 202513612728280$60.06$3.79
Oct 20252317752642640$60.89$3.19
Sep 20252,1151,8582,8232,8230$63.96$2.97
Aug 20252,2142,0052,9342,9340$64.86$2.91
Jul 20252,1492,2082,7982,7980$68.39$3.20
Jun 20252,0552,0772,5302,5300$68.17$3.02
May 20252,1522,0682,7062,7060$62.17$3.12
Apr 20252,1312,1932,6022,6020$63.54$3.42
Mar 20252,2132,3082,6842,6840$68.24$4.12
Feb 20252,1632,0682,4842,4840$71.53$4.19
Jan 20252,2112,2332,4462,4460$75.74$4.13
Dec 20242,3352,3412,6472,6470$70.12$3.01
Nov 20242,2112,2842,6562,6560$69.95$2.12
Oct 20242,3342,0822,8932,8930$71.99$2.20
Sep 20242,2912,4812,7622,7620$70.24$2.28
Aug 20242,4012,3342,9582,9580$76.68$1.99
Jul 20242,4352,4202,9642,9640$81.80$2.07
Jun 20242,4192,6852,9282,9280$79.77$2.54
May 20242,5252,2803,1242,4340$80.02$2.12
Apr 20241,9122,2012,2002,2000$85.35$1.60
Mar 20242,3572,1902,5752,5750$81.28$1.49
Feb 20242,3022,5592,5682,5680$77.25$1.72
Jan 20241,7691,3531,8561,8560$74.15$3.18
Dec 20232,2492,2742,7212,7210$71.90$2.52
Nov 20232,3502,2552,8552,8550$77.69$2.71
Oct 20232,6032,7543,1892,971218$85.64$2.98
Sep 20232,4582,9493,0642,777287$89.43$2.64
Aug 20232,4261,9913,0633,0630$81.39$2.58

Flared above 3%

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?

Check my statement

Nearby

This lease belongs to

OperatorManti Tarka Permian Op, LLCFieldPhantom (Wolfcamp)CountyWard County

Manti Tarka Permian Op, LLC in Ward County

All Manti Tarka Permian Op, LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km