Skip to content

Texas oil lease · RRC district 8A · Lease 70586

Producing

MATADOR 646

Matador 646 is an oil lease in Yoakum County, Texas, operated by Ring Energy, Inc. in the Platang (San Andres) field. The Railroad Commission shows 16,310 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

16,310bbl oil, last 12 months−4% vs prior year
RRC lease
8A-70586

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Yoakum CountyYoakumHockleyCochranTerryYoakum County
Yoakum County · RRC district 8AOpen Yoakum County →
Gas, last 12 months
37,449 mcf
Oil in Jul 2026
1,440 bbl
Reporting to the state
since Jan 2020
Wells
2

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).

Oil output fell 4% over the last 12 months

16,310 bbl in the 12 months through Jul 2026, against 16,927 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for MATADOR 646, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 16,310 bbl in the 12 months through Jul 2026, against 16,927 bbl in the 12 months before.Last 12 months: 16,310 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for MATADOR 646, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 16,310 bbl in the 12 months through Jul 2026, against 16,927 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 70586, district 8A. Reported through Jul 2026. The state revises recent months.

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.

94% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Oct 2024.

  • Processing plant (3)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of MATADOR 646 gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of MATADOR 646 gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 70586, district 8A. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 6.3% of the gas was flared. 11 months went above 3%, which we mark in the ledger below.

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.

Ring Energy, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeRing Energy, Inc., Jan 2020 to Jul 20262020202120222023202420252026Ring Energy, Inc.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeRing Energy, Inc., Jan 2020 to Jul 20262020202120222023202420252026Ring Energy, Inc.Jan 2020 to nowthrough Jul 2026

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

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 70586 in district 8A. The API number is the state’s ID for a well.
Wells on MATADOR 646
API numberWell no.Status
42-501-367131HActive
42-501-371592HActive

SourceTexas Railroad Commission Wellbore Query, district 8A, lease 70586.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Sentinel Transportation, LLC gathers it.

    100% of it, on the list since Jan 10, 2017

  • Gas from oil wells

    Targa San Andres Gas Services Ll buys it; Targa San Andres Gas Utility LLC gathers it.

    Targa San Andres Gas Services Ll buys it: 100% of it, on the list since Mar 1, 2026 · Targa San Andres Gas Utility LLC gathers it: 100% of it, on the list since Mar 1, 2026

Companies that used to be listed: Stakeholder Gas Utility, LLC (gathers it, until Mar 1, 2026); Stakeholder Gas Services, LLC (buys it, until Mar 1, 2026); Bp Energy Co. (buys it, until Jun 1, 2022); Santa Fe Midstream Permian LLC (gathers it, until Dec 1, 2020).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

160.38 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
22 not plugged
Horizontal
2
First completion
Jan 10, 2017
Latest permit
Jun 17, 2019

The wells on this lease state different acreage

The permits state between 160.38 and 320.75 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Matador 646
API numberWell no.Acreson the permit
42-501-371592H160.38
42-501-367131H320.75

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.

What the operator reported

What Ring Energy, Inc. told investors it received

Ring Energy, Inc. is linked to Ring Energy, Inc. (REI). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
Realized prices reported by Ring Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$95.45SEC filing
Q1 2026$68.97SEC filing
Q4 2025$57.47SEC filing
Q3 2025$64.32SEC filing
Q2 2025$62.69SEC filing
Q1 2025$70.40SEC filing

SourceRing Energy, Inc. quarterly reports on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

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 MATADOR 646 sold each month.

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

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

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. Regional gas prices are often below Henry Hub.

Ledger

36 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 MATADOR 646
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Ring Energy,1,4401,4284,4364,4360$80.46$2.89
Jun 2026Ring Energy,9339212,5232,46360$84.81$3.15
May 2026Ring Energy,1,1691,1873,9523,94012$102.13$2.94
Apr 2026Ring Energy,1,2271,2273,5193,5190$100.32$2.77
Mar 2026Ring Energy,1,4491,4684,2384,2317$91.38$3.04
Feb 2026Ring Energy,1,2231,2473,1733,14429$64.51$3.62
Jan 2026Ring Energy,1,3341,3713,7513,235516$60.04$7.72
Dec 2025Ring Energy,1,3731,4123,1412,216925$57.97$4.26
Nov 2025Ring Energy,1,2751,2273,4172,985432$60.06$3.79
Oct 2025Ring Energy,8247961,4641,095369$60.89$3.19
Sep 2025Ring Energy,1,9281,9711,9271,9270$63.96$2.97
Aug 2025Ring Energy,2,1352,1551,9081,9080$64.86$2.91
Jul 2025Ring Energy,1,5871,6562,1942,1940$68.39$3.20
Jun 2025Ring Energy,1,7271,6352,2832,2830$68.17$3.02
May 2025Ring Energy,1,2361,2771,6351,6350$62.17$3.12
Apr 2025Ring Energy,1,4941,4891,4501,4500$63.54$3.42
Mar 2025Ring Energy,1,3651,3531,2161,2160$68.24$4.12
Feb 2025Ring Energy,1,4711,4246826820$71.53$4.19
Jan 2025Ring Energy,1,5791,6445725720$75.74$4.13
Dec 2024Ring Energy,1,4221,3891531530$70.12$3.01
Nov 2024Ring Energy,1,4651,41635350$69.95$2.12
Oct 2024Ring Energy,34287626026$71.99$2.20
Sep 2024Ring Energy,1,5501,592000$70.24$2.28
Aug 2024Ring Energy,1,6891,7631,3771,33047$76.68$1.99
Jul 2024Ring Energy,1,8192,139584215369$81.80$2.07
Jun 2024Ring Energy,1,8831,914000$79.77$2.54
May 2024Ring Energy,1,8731,927000$80.02$2.12
Apr 2024Ring Energy,1,6721,717000$85.35$1.60
Mar 2024Ring Energy,9601,588000$81.28$1.49
Feb 2024Ring Energy,1,164708000$77.25$1.72
Jan 2024Ring Energy,9681,181000$74.15$3.18
Dec 2023Ring Energy,1,9581,751000$71.90$2.52
Nov 2023Ring Energy,2,0801,3552,160722,088$77.69$2.71
Oct 2023Ring Energy,1,9871,8861,9161,742174$85.64$2.98
Sep 2023Ring Energy,2,1052,1083,1832,631552$89.43$2.64
Aug 2023Ring Energy,2,1402,1232,8012,71091$81.39$2.58

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 MATADOR 646. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Ring Energy, Inc.

  • 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.

Ring Energy, Inc. in Yoakum County

All Ring Energy, Inc. leases →

Platang (San Andres) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

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 Jul 2026?

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 70586, 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.

FAQ

Questions about MATADOR 646

Who operates the MATADOR 646 lease?

The Railroad Commission lists Ring Energy, Inc. (operator number 712382) as the operator of this lease in Yoakum County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the MATADOR 646 lease produced?

The lease reported 16,310 bbl of oil and 37,449 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

Check my statement