MILAGROS
Operated by CIRCLE-S ENERGY, LLC (P-5 100703) in the HAWKVILLE (EAGLEFORD SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.
What this lease produced, and what it was worth
Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Gas | Production | 1,986,535 Mcf | $6,745,948 |
| Total | $6,745,948 | ||
Every month this lease reported (42)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
42 months
| May 2026 | 44,519 | 106.41 | 3.05 | $135,598 |
| Apr 2026 | 44,465 | 98.93 | 2.87 | $127,602 |
| Mar 2026 | 44,429 | 89.75 | 3.15 | $139,926 |
| Feb 2026 | 33,670 | 63.50 | 3.75 | $126,273 |
| Jan 2026 | 37,887 | 59.13 | 8.00 | $303,017 |
| Dec 2025 | 38,526 | 56.66 | 4.41 | $170,029 |
| Nov 2025 | 57,231 | 58.59 | 3.93 | $224,714 |
| Oct 2025 | 67,899 | 59.38 | 3.30 | $224,395 |
| Sep 2025 | 72,437 | 62.74 | 3.08 | $222,883 |
| Aug 2025 | 81,999 | 63.93 | 3.01 | $247,207 |
| Jul 2025 | 94,003 | 66.74 | 3.32 | $311,639 |
| Jun 2025 | 101,676 | 66.48 | 3.13 | $318,116 |
| May 2025 | 122,712 | 60.55 | 3.23 | $396,644 |
| Apr 2025 | 136,765 | 62.36 | 3.54 | $484,575 |
| Mar 2025 | 152,405 | 67.70 | 4.27 | $650,513 |
| Feb 2025 | 128,904 | 70.88 | 4.34 | $559,552 |
| Jan 2025 | 155,199 | 74.32 | 4.28 | $664,047 |
| Dec 2024 | 176,223 | 68.99 | 3.12 | $550,057 |
| Nov 2024 | 183,665 | 69.05 | 2.20 | $403,776 |
| Oct 2024 | 188,935 | 71.37 | 2.28 | $431,036 |
| Sep 2024 | 22,986 | 69.61 | 2.36 | $54,347 |
| Aug 2024 | 0 | 75.63 | 2.06 | $0 |
| Jul 2024 | 0 | 79.93 | 2.15 | $0 |
| Jun 2024 | 0 | 78.08 | 2.63 | $0 |
| May 2024 | 0 | 78.81 | 2.20 | $0 |
| Apr 2024 | 0 | 84.45 | 1.66 | $0 |
| Mar 2024 | 0 | 80.30 | 1.55 | $0 |
| Feb 2024 | 0 | 76.09 | 1.78 | $0 |
| Jan 2024 | 0 | 73.02 | 3.30 | $0 |
| Dec 2023 | 0 | 71.26 | 2.61 | $0 |
| Nov 2023 | 0 | 77.89 | 2.81 | $0 |
| Oct 2023 | 0 | 85.44 | 3.09 | $0 |
| Sep 2023 | 0 | 89.04 | 2.74 | $0 |
| Aug 2023 | 0 | 80.52 | 2.67 | $0 |
| Jul 2023 | 0 | 74.85 | 2.64 | $0 |
| Jun 2023 | 0 | 68.96 | 2.26 | $0 |
| May 2023 | 0 | 70.62 | 2.23 | $0 |
| Apr 2023 | 0 | 78.12 | 2.24 | $0 |
| Mar 2023 | 0 | 72.85 | 2.39 | $0 |
| Feb 2023 | 0 | 75.11 | 2.47 | $0 |
| Jan 2023 | 0 | 76.53 | 3.39 | $0 |
| Dec 2022 | 0 | 76.41 | 5.73 | $0 |
How to read this page
The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.
Gas 44,519 Mcf × $ 3.05 = $135,598 ──────────────────────────────────────────────────── Month total $135,598
The volumes are the state's, unchanged
Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.
The dollars are a multiplication, not a valuation
Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.
Oil and gas are priced differently
Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.
A lease is not a well
The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/294440 is the state's own key, not one this site invented.