Texas oil lease
ProducingRICHARD 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
- Operator
- Maximus Operating, Ltd.
- County
- Wood County
- Field
- Crow (Paluxy, Lower)
- RRC lease
- 06-15111
Is your check right?
Where it sits
This 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
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.
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
| API number | Well no. | Status |
|---|---|---|
| 42-499-32119 | 1 | Active |
| 42-499-32120 | 2 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Dk Trading & Supply, LLC | Oil | Gathers | 100 | May 28, 2025 | – |
| Lion Oil Trading & Trans, LLC | Oil | Gathers | 100 | Jul 1, 2013 | May 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-499-32119 | 1 | Feb 28, 2012 | Apr 14, 2012 | 50.10 |
| 42-499-32120 | 2 | Feb 17, 2012 | Apr 18, 2012 | 389.75 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 279 | 279 | 64 | 0 | 64 | $80.46 | $2.89 |
| Jun 2026 | 333 | 333 | 3 | 0 | 3 | $84.81 | $3.15 |
| May 2026 | 337 | 337 | 41 | 0 | 41 | $102.13 | $2.94 |
| Apr 2026 | 172 | 172 | 64 | 0 | 64 | $100.32 | $2.77 |
| Mar 2026 | 334 | 334 | 250 | 0 | 250 | $91.38 | $3.04 |
| Feb 2026 | 498 | 498 | 129 | 0 | 129 | $64.51 | $3.62 |
| Jan 2026 | 328 | 328 | 42 | 0 | 42 | $60.04 | $7.72 |
| Dec 2025 | 362 | 362 | 69 | 0 | 69 | $57.97 | $4.26 |
| Nov 2025 | 348 | 348 | 57 | 0 | 57 | $60.06 | $3.79 |
| Oct 2025 | 339 | 339 | 50 | 0 | 50 | $60.89 | $3.19 |
| Sep 2025 | 314 | 314 | 45 | 0 | 45 | $63.96 | $2.97 |
| Aug 2025 | 351 | 351 | 3 | 0 | 3 | $64.86 | $2.91 |
| Jul 2025 | 358 | 358 | 62 | 0 | 62 | $68.39 | $3.20 |
| Jun 2025 | 356 | 356 | 90 | 0 | 90 | $68.17 | $3.02 |
| May 2025 | 357 | 357 | 74 | 0 | 74 | $62.17 | $3.12 |
| Apr 2025 | 347 | 347 | 63 | 0 | 63 | $63.54 | $3.42 |
| Mar 2025 | 386 | 386 | 67 | 0 | 67 | $68.24 | $4.12 |
| Feb 2025 | 329 | 329 | 77 | 0 | 77 | $71.53 | $4.19 |
| Jan 2025 | 423 | 423 | 100 | 0 | 100 | $75.74 | $4.13 |
| Dec 2024 | 746 | 746 | 127 | 0 | 127 | $70.12 | $3.01 |
| Nov 2024 | 185 | 185 | 73 | 0 | 73 | $69.95 | $2.12 |
| Oct 2024 | 424 | 424 | 100 | 0 | 100 | $71.99 | $2.20 |
| Sep 2024 | 574 | 574 | 163 | 0 | 163 | $70.24 | $2.28 |
| Aug 2024 | 491 | 491 | 98 | 0 | 98 | $76.68 | $1.99 |
| Jul 2024 | 418 | 418 | 198 | 0 | 198 | $81.80 | $2.07 |
| Jun 2024 | 416 | 416 | 157 | 0 | 157 | $79.77 | $2.54 |
| May 2024 | 500 | 500 | 179 | 0 | 179 | $80.02 | $2.12 |
| Apr 2024 | 347 | 347 | 211 | 0 | 211 | $85.35 | $1.60 |
| Mar 2024 | 559 | 559 | 211 | 0 | 211 | $81.28 | $1.49 |
| Feb 2024 | 316 | 316 | 97 | 0 | 97 | $77.25 | $1.72 |
| Jan 2024 | 389 | 389 | 146 | 0 | 146 | $74.15 | $3.18 |
| Dec 2023 | 472 | 472 | 86 | 0 | 86 | $71.90 | $2.52 |
| Nov 2023 | 485 | 485 | 99 | 0 | 99 | $77.69 | $2.71 |
| Oct 2023 | 448 | 448 | 187 | 0 | 187 | $85.64 | $2.98 |
| Sep 2023 | 521 | 521 | 102 | 0 | 102 | $89.43 | $2.64 |
| Aug 2023 | 566 | 566 | 178 | 0 | 178 | $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
This lease belongs to
Maximus Operating, Ltd. in Wood County
- RICHARD MATTHEWS ET AL
7,084 bbl
Crow (Paluxy, Lower) field
- ANDERSON CHARITABLE TRUST
55,843 bbl
- RAY
26,088 bbl
- MATTHEWS-RAY
16,908 bbl
- RICHARD MATTHEWS ET AL
7,084 bbl
Leases within 10 km
- PAPAZIAN, J. A. ET AL
4,612 bbl · 0 km
- ADAMS-MATTHEWS
5,445 bbl · 0.3 km
- MATTHEWS
23,940 bbl · 0.8 km
- MATTHEWS- FORD
26,894 bbl · 0.9 km
- ANDERSON CHARITABLE TRUST
55,843 bbl · 1.5 km
- RAY
26,088 bbl · 1.6 km
- MATTHEWS-RAY
16,908 bbl · 1.7 km
- RAY 'A'
5 bbl · 1.8 km
- CROW RODESSA UPPER UNIT
4,207 bbl · 2.4 km
- MALLORY
4,750 bbl · 3.5 km
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