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Texas oil lease

Producing

TOTUM 18-TTT-C24 NL

Totum 18-TTT-C24 NL is an oil lease in Loving County, Texas, operated by Matador Production Company in the Phantom (Wolfcamp) field.

3 wells

62,197bbl oil, last 12 months−3% vs prior year
Operator
Matador Production Company
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-48768

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
165,555 mcf
Oil in Jul 2026
6,713 bbl

Production by month

Oil output fell 3% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for TOTUM 18-TTT-C24 NL, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 62,197 bbl in the 12 months through Jul 2026, against 64,444 bbl in the 12 months before.Last 12 months: 62,197 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 3% over the last 12 monthsMonthly oil production and gas for TOTUM 18-TTT-C24 NL, Aug 2023 to Jul 2026. Oil output fell 3% over the last 12 months. 62,197 bbl in the 12 months through Jul 2026, against 64,444 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

83% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.5% of the gas in Feb 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
83% of the gas went to a processing plant in the last 12 monthsShare of TOTUM 18-TTT-C24 NL gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.5% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
83% of the gas went to a processing plant in the last 12 monthsShare of TOTUM 18-TTT-C24 NL gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.5% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Flared 4.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 137,390 mcf

  • Lease fuel (1)

    17% · 27,514 mcf

  • Flared (4)

    0.4% · 651 mcf

0.4% of the gas flared in the last 12 months. 2 months above 3%.

3 wells on this lease

Wells on TOTUM 18-TTT-C24 NL
API numberWell no.Status
42-301-33003211HActive
42-301-33751212HActive
42-301-34064226HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers50May 1, 2020–
Plains Pipeline L.p.OilGathers50May 1, 2020–
Enterprise Gc LLCCasinghead gasBuys100Dec 1, 2019–
Matador Production CompanyCasinghead gasGathers100Feb 1, 2017–
Western Refining Company, L.p.OilGathers100Dec 1, 2019May 1, 2020
Anadarko Energy Services CompanyCasinghead gasBuys100May 1, 2018Dec 1, 2019
Enlink Crude Purchasing LLCOilGathers100Dec 1, 2018Dec 1, 2019

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

Who buys my oilOil price check

352 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 352 and 644.38 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Totum 18-TTT-C24 NL
API numberWell no.Acreson the permit
42-301-34064226H352
42-301-33751212H352
42-301-33003211H644.38

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 TOTUM 18-TTT-C24 NL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,7136,69322,34918,95967$80.46$2.89
Jun 20267,2157,18020,67317,428115$84.81$3.15
May 20267,3507,34719,79716,934226$102.13$2.94
Apr 20266,0085,96415,30413,1749$100.32$2.77
Mar 20262,3012,5135,9554,6313$91.38$3.04
Feb 20264,9104,78311,0728,74324$64.51$3.62
Jan 20265,9285,87012,2979,72786$60.04$7.72
Dec 20255,3395,32712,54610,00050$57.97$4.26
Nov 20254,0544,0619,2777,33019$60.06$3.79
Oct 20254,0074,03715,75413,9434$60.89$3.19
Sep 20254,6814,65313,01010,62820$63.96$2.97
Aug 20253,6913,7187,5215,89328$64.86$2.91
Jul 20255,0575,15912,46710,36530$68.39$3.20
Jun 20255,2745,21311,1239,13513$68.17$3.02
May 20254,1694,14611,5489,40230$62.17$3.12
Apr 20254,6654,66113,68310,852302$63.54$3.42
Mar 20255,5395,55517,69014,502563$68.24$4.12
Feb 20254,5004,49114,38211,146640$71.53$4.19
Jan 20255,6265,61416,34813,302395$75.74$4.13
Dec 20245,9935,99415,53013,22530$70.12$3.01
Nov 20245,8575,82815,65613,46322$69.95$2.12
Oct 20245,8825,88118,10615,5544$71.99$2.20
Sep 20245,2975,31819,20116,79830$70.24$2.28
Aug 20246,5856,56918,57815,919180$76.68$1.99
Jul 20246,9336,96416,23613,80351$81.80$2.07
Jun 20246,6066,55417,70515,14740$79.77$2.54
May 20244,9765,22311,75310,227111$80.02$2.12
Apr 20245,9725,76416,24613,259134$85.35$1.60
Mar 20246,8986,99116,04213,2977$81.28$1.49
Feb 20246,6136,54917,19913,9842$77.25$1.72
Jan 20247,0117,04118,33315,2978$74.15$3.18
Dec 20237,1127,04218,15715,125109$71.90$2.52
Nov 20236,5546,57815,50712,946100$77.69$2.71
Oct 20237,0237,29317,49014,772125$85.64$2.98
Sep 20235,3825,08811,2669,137173$89.43$2.64
Aug 20237,0767,12116,54613,899179$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

OperatorMatador Production CompanyFieldPhantom (Wolfcamp)CountyLoving County

Matador Production Company in Loving County

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