MATTHEWS 23
MATTHEWS 23 is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Subsea Operating Co. It has 8 wellbores on file with the Commission. Reported production runs from December 2023 to August 2026, totalling 43,634 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $107K, with roughly $24K expected over the next twelve months.
| Operator | Subsea Operating Co. |
|---|---|
| Field | Throckmorton County Regular |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 32731 |
| Wellbores | 8 |
| Reported production | 43,634 bbl |
| First reported | December 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $107K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.