RICHARD MATTHEWS ET AL
RICHARD MATTHEWS ET AL is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Maximus Operating, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 321,384 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 $2.1M, with roughly $476K 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 586 barrels a month. Its strongest month on the record we hold was December 2017, at 2,634 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 RICHARD MATTHEWS ET AL
- Who operates RICHARD MATTHEWS ET AL?
- RICHARD MATTHEWS ET AL is operated by Maximus Operating, Ltd., Railroad Commission of Texas operator number 534465.
- Where is RICHARD MATTHEWS ET AL?
- RICHARD MATTHEWS ET AL is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15141.
- Is RICHARD MATTHEWS ET AL still producing?
- RICHARD MATTHEWS ET AL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHARD MATTHEWS ET AL is August 2026.
- How much has RICHARD MATTHEWS ET AL produced?
- RICHARD MATTHEWS ET AL has reported 321,384 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
- How much is RICHARD MATTHEWS ET AL worth?
- The remaining production from RICHARD MATTHEWS ET AL is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.6M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHARD MATTHEWS ET AL is a fraction of it. The estimate fits an Arps decline curve to the production RICHARD MATTHEWS ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHARD MATTHEWS ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does RICHARD MATTHEWS ET AL generate in a year?
- RICHARD MATTHEWS ET AL is forecast to net about $476K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICHARD MATTHEWS ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maximus Operating, Ltd. |
|---|---|
| Field | Crow (Paluxy, Lower) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 15141 |
| Wellbores | 1 |
| Reported production | 321,384 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where RICHARD MATTHEWS ET AL 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.