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Texas oil lease

Producing

CARTHEL 31-TTT-B02 WF

Carthel 31-TTT-B02 WF is an oil lease in Loving County, Texas, operated by Matador Production Company in the Phantom (Wolfcamp) field.

6 wells

564,507bbl oil, last 12 months+588% vs prior year
Operator
Matador Production Company
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-53940

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
3,709,534 mcf
Oil in Jul 2026
56,995 bbl

Production by month

Oil output rose 588% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 588% over the last 12 monthsMonthly oil production and gas for CARTHEL 31-TTT-B02 WF, Aug 2023 to Jul 2026. Oil output rose 588% over the last 12 months. 564,507 bbl in the 12 months through Jul 2026, against 82,063 bbl in the 12 months before.Last 12 months: 564,507 bblbbl per monthmcf per month0020k100k40k200k60k300k80k400k100k500kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 588% over the last 12 monthsMonthly oil production and gas for CARTHEL 31-TTT-B02 WF, Aug 2023 to Jul 2026. Oil output rose 588% over the last 12 months. 564,507 bbl in the 12 months through Jul 2026, against 82,063 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k100k40k200k60k300k80k400k100k500kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of CARTHEL 31-TTT-B02 WF gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of CARTHEL 31-TTT-B02 WF gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 3,562,893 mcf

  • Lease fuel (1)

    3.8% · 139,739 mcf

  • Flared (4)

    0.2% · 6,902 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

6 wells on this lease

Wells on CARTHEL 31-TTT-B02 WF
API numberWell no.Status
42-301-34585201HActive
42-301-34586202HActive
42-301-36018223HActive
42-301-37133225HActive
42-301-37136226HActive
42-301-37203228HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers100Feb 11, 2020
Enterprise Gc LLCCasinghead gasBuys100Feb 11, 2020
Matador Production CompanyCasinghead gasGathers100Feb 11, 2020

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

Who buys my oilOil price check

559.44 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 553.64 and 559.44 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Carthel 31-TTT-B02 WF
API numberWell no.Acreson the permit
42-301-37203228H559.44
42-301-36018223H559.44
42-301-37133225H559.44
42-301-37136226H559.44
42-301-34586202H553.64
42-301-34585201H553.64

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 CARTHEL 31-TTT-B02 WF
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202656,99557,023438,631421,456763$80.46$2.89
Jun 202659,05359,048435,447417,7121,335$84.81$3.15
May 202666,52466,564458,659440,924315$102.13$2.94
Apr 202668,03567,957459,772442,170688$100.32$2.77
Mar 202668,08768,244443,752425,026973$91.38$3.04
Feb 202667,22766,956411,232393,768544$64.51$3.62
Jan 202655,21655,226318,294306,6931,298$60.04$7.72
Dec 202551,53051,564311,643302,932690$57.97$4.26
Nov 202551,19750,995305,357297,131267$60.06$3.79
Oct 202512,59912,43074,36369,77618$60.89$3.19
Sep 20251,4911,6029,7358,4231$63.96$2.97
Aug 20256,5536,54442,64936,88210$64.86$2.91
Jul 20254,1664,20324,82621,21812$68.39$3.20
Jun 20255,4125,39333,93829,585384$68.17$3.02
May 20256,4286,40937,66333,148253$62.17$3.12
Apr 20256,6836,67738,40634,011231$63.54$3.42
Mar 20257,3427,34042,44137,199433$68.24$4.12
Feb 20256,5446,57536,58132,662178$71.53$4.19
Jan 20257,8457,79447,44142,62862$75.74$4.13
Dec 20247,5767,60046,83941,871188$70.12$3.01
Nov 20247,6607,65746,09141,34063$69.95$2.12
Oct 20247,9457,89047,79642,453140$71.99$2.20
Sep 20247,9027,93046,92541,90421$70.24$2.28
Aug 20246,5606,54439,28934,069198$76.68$1.99
Jul 20248,0118,01146,71140,97935$81.80$2.07
Jun 20247,5097,49641,68135,229140$79.77$2.54
May 20248,2258,26547,50740,922234$80.02$2.12
Apr 20248,2648,28747,46241,074241$85.35$1.60
Mar 20248,8668,87450,55944,182150$81.28$1.49
Feb 20248,1098,09445,37939,78974$77.25$1.72
Jan 20247,8767,89442,43436,758409$74.15$3.18
Dec 20239,1229,10756,04250,299193$71.90$2.52
Nov 20239,4349,40955,95450,735167$77.69$2.71
Oct 20239,3899,39157,26352,19495$85.64$2.98
Sep 20239,5709,54755,77650,998176$89.43$2.64
Aug 20239,5009,60253,40048,908220$81.39$2.58

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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Phantom (Wolfcamp) field

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Drilling permits within 10 km

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