MADISON WEST 13
MADISON WEST 13 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by De3 Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2019 to August 2026, totalling 27,324 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $285K, with roughly $105K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 178 barrels a month. Its strongest month on the record we hold was January 2020, at 2,399 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MADISON WEST 13
- Who operates MADISON WEST 13?
- MADISON WEST 13 is operated by De3 Operating LLC, Railroad Commission of Texas operator number 518310.
- Where is MADISON WEST 13?
- MADISON WEST 13 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20498.
- Is MADISON WEST 13 still producing?
- MADISON WEST 13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MADISON WEST 13 is August 2026.
- How much has MADISON WEST 13 produced?
- MADISON WEST 13 has reported 27,324 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 1 wellbore.
- How much is MADISON WEST 13 worth?
- The remaining production from MADISON WEST 13 is estimated to be worth about $285K in total as of 26 August 2026, within a range of $222K to $347K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MADISON WEST 13 is a fraction of it. The estimate fits an Arps decline curve to the production MADISON WEST 13 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MADISON WEST 13 is an estimate of value, not an offer and not an appraisal.
- How much income does MADISON WEST 13 generate in a year?
- MADISON WEST 13 is forecast to net about $105K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MADISON WEST 13 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | De3 Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20498 |
| Wellbores | 1 |
| Reported production | 27,324 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $285K |
Where MADISON WEST 13 sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.