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Producing

RICHARD MATTHEWS ET AL UNIT

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

2 wells

3,995bbl oil, last 12 months−20% vs prior year
RRC lease
06-15111

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Where it sits

This county

Wood CountyWoodFranklinVan ZandtHuntGreggUpshurMorrisHopkinsSmithDeltaTitusCampRainsWood County
Wood County
Gas, last 12 months
817 mcf
Oil in Jul 2026
279 bbl

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for RICHARD MATTHEWS ET AL UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 3,995 bbl in the 12 months through Jul 2026, against 4,976 bbl in the 12 months before.Last 12 months: 3,995 bblbbl per monthmcf per month00200504001006001508002001,000250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for RICHARD MATTHEWS ET AL UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 3,995 bbl in the 12 months through Jul 2026, against 4,976 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200504001006001508002001,000250Jan 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 UNIT 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 UNIT 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. 36 months above 3%.

2 wells on this lease

Wells on RICHARD MATTHEWS ET AL UNIT
API numberWell no.Status
42-499-321191Active
42-499-321202Active

SourceTexas Railroad Commission Wellbore Query.

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).

50.10 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 50.1 and 389.75 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Richard Matthews Et Al Unit
API numberWell no.Acreson the permit
42-499-32119150.10
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 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202627927964064$80.46$2.89
Jun 2026333333303$84.81$3.15
May 202633733741041$102.13$2.94
Apr 202617217264064$100.32$2.77
Mar 20263343342500250$91.38$3.04
Feb 20264984981290129$64.51$3.62
Jan 202632832842042$60.04$7.72
Dec 202536236269069$57.97$4.26
Nov 202534834857057$60.06$3.79
Oct 202533933950050$60.89$3.19
Sep 202531431445045$63.96$2.97
Aug 2025351351303$64.86$2.91
Jul 202535835862062$68.39$3.20
Jun 202535635690090$68.17$3.02
May 202535735774074$62.17$3.12
Apr 202534734763063$63.54$3.42
Mar 202538638667067$68.24$4.12
Feb 202532932977077$71.53$4.19
Jan 20254234231000100$75.74$4.13
Dec 20247467461270127$70.12$3.01
Nov 202418518573073$69.95$2.12
Oct 20244244241000100$71.99$2.20
Sep 20245745741630163$70.24$2.28
Aug 202449149198098$76.68$1.99
Jul 20244184181980198$81.80$2.07
Jun 20244164161570157$79.77$2.54
May 20245005001790179$80.02$2.12
Apr 20243473472110211$85.35$1.60
Mar 20245595592110211$81.28$1.49
Feb 202431631697097$77.25$1.72
Jan 20243893891460146$74.15$3.18
Dec 202347247286086$71.90$2.52
Nov 202348548599099$77.69$2.71
Oct 20234484481870187$85.64$2.98
Sep 20235215211020102$89.43$2.64
Aug 20235665661780178$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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