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Texas gas well

Producing

PLATINUM 218-34 3H

Platinum 218-34 3H is a gas well in Ward County, Texas, operated by Matador Production Company in the Phantom (Wolfcamp) field.

1 well

386,965mcf gas, last 12 months−12% vs prior year
Operator
Matador Production Company
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-292873

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Oil, last 12 months
29,670 bbl
Gas in Jul 2026
32,209 mcf

Production by month

Gas output fell 12% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 12% over the last 12 monthsMonthly gas production and oil for PLATINUM 218-34 3H, Aug 2023 to Jul 2026. Gas output fell 12% over the last 12 months. 386,965 mcf in the 12 months through Jul 2026, against 440,051 mcf in the 12 months before.Last 12 months: 386,965 mcfmcf per monthbbl per month0020k1,00040k2,00060k3,00080k4,000100k5,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 12% over the last 12 monthsMonthly gas production and oil for PLATINUM 218-34 3H, Aug 2023 to Jul 2026. Gas output fell 12% over the last 12 months. 386,965 mcf in the 12 months through Jul 2026, against 440,051 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020k1,00040k2,00060k3,00080k4,000100k5,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of PLATINUM 218-34 3H 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of PLATINUM 218-34 3H 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 361,822 mcf

  • Lease fuel (1)

    6.2% · 24,119 mcf

  • Flared (4)

    0.3% · 1,024 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

Who has run this lease

The operator changed once, most recently in Jun 2023

Operators of this lease over timeAdvance Energy Partners, LLC, Feb 2022 to May 2023; Matador Production Company, Jun 2023 to Jul 20262023202420252026Changed Jun 2023Advance Energy Partners, LLCFeb 2022 to May 2023Matador Production CompanyJun 2023 to now
Operators of this lease over timeAdvance Energy Partners, LLC, Feb 2022 to May 2023; Matador Production Company, Jun 2023 to Jul 20262023202420252026Changed Jun 2023Advance Energy Partners, LLCFeb 2022 to May 2023Matador Production CompanyJun 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PLATINUM 218-34 3H
API numberWell no.Status
42-475-382913HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyCondensateGathers100Jun 26, 2023–
Kinder Morgan Texas Pipeline LLCGas-well gasBuys100Jun 26, 2023–
Scm Ops, LLCGas-well gasGathers100Feb 16, 2022–
Scm Ops, LLCCondensateGathers100Feb 16, 2022Jun 26, 2023
Scm Ops, LLCGas-well gasBuys100Feb 16, 2022Jun 26, 2023

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

Who buys my oilOil price check

482.60 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 Platinum 218-34 3H
API numberWell no.Acreson the permit
42-475-382913H482.60

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

Unit decimal checker

What Matador Resources Company told investors it received

Matador Production Company is linked to Matador Resources Company (MTDR).
Realized prices reported by Matador Resources Company
QuarterOil$ per bblFiling
Q2 2026$98.16SEC filing
Q1 2026$72.83SEC filing
Q4 2025$58.89SEC filing
Q3 2025$64.91SEC filing
Q2 2025$64.34SEC filing
Q1 2025$72.38SEC filing

SourceMatador Resources Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for PLATINUM 218-34 3H
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Matador Production2,6792,68432,20930,13410$80.46$2.89
Jun 2026Matador Production2,5202,50831,80329,57944$84.81$3.15
May 2026Matador Production2,4812,49833,93631,65123$102.13$2.94
Apr 2026Matador Production2,4192,42033,37031,18516$100.32$2.77
Mar 2026Matador Production2,8062,80333,41431,433121$91.38$3.04
Feb 2026Matador Production2,5052,51028,91027,33972$64.51$3.62
Jan 2026Matador Production2,7922,78135,61333,280198$60.04$7.72
Dec 2025Matador Production2,7372,73835,83533,736115$57.97$4.26
Nov 2025Matador Production2,9172,94238,03835,76477$60.06$3.79
Oct 2025Matador Production1,3561,39224,79223,54257$60.89$3.19
Sep 2025Matador Production1,6391,58024,70822,884268$63.96$2.97
Aug 2025Matador Production2,8192,85034,33731,29523$64.86$2.91
Jul 2025Matador Production2,8892,89335,37132,193209$68.39$3.20
Jun 2025Matador Production2,8602,85134,65031,569219$68.17$3.02
May 2025Matador Production2,9962,99737,66034,5504$62.17$3.12
Apr 2025Matador Production3,0002,97835,07932,19511$63.54$3.42
Mar 2025Matador Production3,1553,16236,64833,6803$68.24$4.12
Feb 2025Matador Production2,7952,81033,19330,4924$71.53$4.19
Jan 2025Matador Production3,1083,08337,24234,20958$75.74$4.13
Dec 2024Matador Production2,9923,01637,81034,72588$70.12$3.01
Nov 2024Matador Production3,0453,02537,22634,27533$69.95$2.12
Oct 2024Matador Production3,0873,11640,96135,29373$71.99$2.20
Sep 2024Matador Production3,0713,05936,64331,62743$70.24$2.28
Aug 2024Matador Production3,1913,20737,56832,45371$76.68$1.99
Jul 2024Matador Production3,2263,23237,99832,987209$81.80$2.07
Jun 2024Matador Production3,2093,19136,83631,784501$79.77$2.54
May 2024Matador Production3,4153,43237,66632,634359$80.02$2.12
Apr 2024Matador Production3,4173,39936,84531,950184$85.35$1.60
Mar 2024Matador Production3,5753,68839,32134,18880$81.28$1.49
Feb 2024Matador Production3,5853,50542,19336,781252$77.25$1.72
Jan 2024Matador Production3,9283,95450,80544,465153$74.15$3.18
Dec 2023Matador Production4,3114,26652,08045,820271$71.90$2.52
Nov 2023Matador Production3,6973,71145,80340,447360$77.69$2.71
Oct 2023Matador Production4,2154,22852,43246,61921$85.64$2.98
Sep 2023Matador Production4,0914,07646,65446,6540$89.43$2.64
Aug 2023Matador Production4,3184,34249,75749,7570$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

OperatorMatador Production CompanyFieldPhantom (Wolfcamp)CountyWard County

Matador Production Company in Ward County

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Phantom (Wolfcamp) field

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