Madison

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. Madison Oil & Gas Property

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Property Summary

Key data points for Madison

CountyMartin County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production296,688 BBLs
Total Gas Production601,313 MCF
Recent Oil Production1,096 BBLs in Dec 2023
Recent Gas Production1,340 MCF in Dec 2023
Wells on Property6

Our Valuation Estimates for Madison

ShaleAssessment™

$72,118 *

MarketMultiple™

$162,643 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Madison Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Madison
from Jan 1993 to Jan 2024

Wells on Madison

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-30819MADISON, L. C. 1REATTA ENERGY, INC.Plugged Oil WellMartin County, TX32.304914-102.051889
42-317-33109MADISON, L. C. 2MGF OIL CORPORATIONPlugged Oil WellMartin County, TX32.307294-102.050452
42-317-38729MADISON 137 1CROWNQUEST OPERATING, LLCProducingMartin County, TX32.307111-102.055789
42-317-39752MADISON 137 2CROWNQUEST OPERATING, LLCProducingMartin County, TX32.302784-102.052875
42-317-39757MADISON 137 3CROWNQUEST OPERATING, LLCProducingMartin County, TX32.308469-102.041958
42-317-39760MADISON 137 4CROWNQUEST OPERATING, LLCProducingMartin County, TX32.306247-102.040508

Leases included in Madison

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-22756MADISON, L. C.REATTA ENERGY, INC.Martin County, TX
08-44893MADISON 137CROWNQUEST OPERATING, LLCMartin County, TX

Operators Associated With Madison

Nearby Properties

These are the closest 20 properties to the Madison property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlicoMartin County, TX0 BBLs0 MCFJul 2023
AlldaleMartin County, TX58,996 BBLs110,174 MCFJan 2024
Billy 135Martin County, TX764 BBLs4,475 MCFJan 2024
ClonaMartin County, TX417 BBLs813 MCFJan 2024
CoffieldMartin County, TX0 BBLs0 MCFJul 2023
Cox 1Martin County, TX6,339 BBLs8,863 MCFJan 2024
Fearless 136-137 AMartin County, TX3,756 BBLs7,422 MCFJan 2024
FullerMartin County, TX207 BBLs22 MCFJan 2024
Glaze J. LMartin County, TX486 BBLs239 MCFJan 2024
McBrendaMartin County, TX417 BBLs157 MCFJan 2024
Orson-Billy 139Martin County, TX76,299 BBLs143,038 MCFJan 2024
Paper Rings 136-137 AMartin County, TX3,744 BBLs3,049 MCFJan 2024
PierMartin County, TX29,586 BBLs68,212 MCFJan 2024
Son 136Martin County, TX431 BBLs1,237 MCFJan 2024
TateMartin County, TX1,360 BBLs1,759 MCFJan 2024
WelchMartin County, TX645 BBLs13 MCFJan 2024
WetselMartin County, TX383 BBLs118 MCFJan 2024
WolcottMartin County, TX11 BBLs0 MCFJan 2024
Wolcott CampbellMartin County, TX27,027 BBLs146,856 MCFJan 2024
York-Law 139Martin County, TX140,943 BBLs239,402 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Madison property.

Company Name
Carlow Corp.
Cox, John L.
Crownquest Operating, LLC
Diamondback E&P LLC
Discovery Operating Inc
Endeavor Energy Resources, LP
Energen Resources Corporation
Extex Operating Company
Henry Petroleum Corp.
Legacy Reserves Operating LP
Limestone Exploration, LLC
Meadco Properties
Merit Energy Company
MGF Oil Corporation
Parker & Parsley Development Co.
Parker & Parsley Development L.P
Pioneer Natural Res. USA, Inc.
R K Petroleum Corp.
Reatta Energy, Inc.
Stephens, Autry C.

Owners of Madison

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023CROWNQUEST OPERATING LLCMADISON 137CROWNQUEST OPR
2023NEWFORK ROYALTIES LLCMADISON 137CROWNQUEST OPR
2023OM V MINERALS LLCMADISON 137CROWNQUEST OPR
2023SMITH LOUISE LEWANNAMADISON 137CROWNQUEST OPR
2023MACKAY FAMILY TRUSTMADISON 137CROWNQUEST OPR
2023MAPLES MARYMADISON 137CROWNQUEST OPR
2023CR ROYALTIES LPMADISON 137CROWNQUEST OPR
2023TUMBLEWEED-Q ROYALTIES LLCMADISON 137CROWNQUEST OPR
Displaying 8 of 12 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Madison

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-44893MADISON 137Nov 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Nov 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Oct 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Oct 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Sep 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Sep 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Aug 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Aug 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Jul 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Jul 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Jun 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Jun 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137May 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137May 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Apr 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Apr 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Mar 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Mar 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Feb 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Feb 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Jan 2023DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Jan 2023WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Dec 2022WTG GAS PROCESSING, L.P.CROWNQUEST OPERATING, LLC
08-44893MADISON 137Dec 2022DORADO OIL COMPANYCROWNQUEST OPERATING, LLC
08-44893MADISON 137Nov 2022DORADO OIL COMPANYCROWNQUEST OPERATING, LLC