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Texas oil lease

Producing

RICHARD MATTHEWS ET AL

Richard Matthews Et Al is an oil lease in Wood County, Texas, operated by Maximus Operating, Ltd. in the Crow (Paluxy, Lower) field.

Oil lease dossier

7,084bbl oil, last 12 months−23% vs prior year
RRC lease
06-15141

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Where it sits

This county

Wood CountyWoodFranklinVan ZandtHuntGreggUpshurMorrisHopkinsSmithDeltaTitusCampRainsWood County
Wood County
Gas, last 12 months
900 mcf
Oil in Jul 2026
746 bbl

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for RICHARD MATTHEWS ET AL, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 7,084 bbl in the 12 months through Jul 2026, against 9,260 bbl in the 12 months before.Last 12 months: 7,084 bblbbl per monthmcf per month002501005002007503001,0004001,250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for RICHARD MATTHEWS ET AL, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 7,084 bbl in the 12 months through Jul 2026, against 9,260 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501005002007503001,0004001,250500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of RICHARD MATTHEWS ET AL gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of RICHARD MATTHEWS ET AL gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the last 12 months. 34 months above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers100May 28, 2025–
Lion Oil Trading & Trans, LLCOilGathers100Jul 1, 2013May 28, 2025

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

389.75 acres on the newest permit

Permits for Richard Matthews Et Al
API numberWell no.Acreson the permit
42-499-321202389.75

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

Estimate your royalty

36 months, newest first

Ledger for RICHARD MATTHEWS ET AL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267467091640164$80.46$2.89
Jun 2026753802707$84.81$3.15
May 202669580840040$102.13$2.94
Apr 202623116363063$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202672065583083$60.04$7.72
Dec 20251,0351,1332150215$57.97$4.26
Nov 20257888011300130$60.06$3.79
Oct 20258528091190119$60.89$3.19
Sep 202539249472072$63.96$2.97
Aug 2025872788707$64.86$2.91
Jul 2025721738101$68.39$3.20
Jun 20256466061530153$68.17$3.02
May 20257777771610161$62.17$3.12
Apr 20258237721410141$63.54$3.42
Mar 20258648901540154$68.24$4.12
Feb 20257997821830183$71.53$4.19
Jan 20258499832340234$75.74$4.13
Dec 20245363792510251$70.12$3.01
Nov 20247937693040304$69.95$2.12
Oct 20248451,0072380238$71.99$2.20
Sep 20247875321520152$70.24$2.28
Aug 20248209431900190$76.68$1.99
Jul 20248618634080408$81.80$2.07
Jun 20246858693290329$79.77$2.54
May 20247527542650265$80.02$2.12
Apr 20247434943010301$85.35$1.60
Mar 20247891,0413930393$81.28$1.49
Feb 20248347842420242$77.25$1.72
Jan 20241,0227532810281$74.15$3.18
Dec 20238669881790179$71.90$2.52
Nov 20238839501930193$77.69$2.71
Oct 20238688313450345$85.64$2.98
Sep 20237496391250125$89.43$2.64
Aug 20231,0291,0403260326$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.

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Nearby

Maximus Operating, Ltd. in Wood County

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Crow (Paluxy, Lower) field

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New drilling permits in Wood County

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