MARGUERITE

Operated by CML EXPLORATION, LLC (P-5 120648) in the PEARSALL (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 16477District 01Field 69981125OilCasinghead gasSaveExport
Value, all time
$7.3 M
Apr 2012 – May 2026
Value, last 12 filed months
$459 k
at the published price for each month
Months reported
170
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,992 leases and 3,388 wells, and the rule below applies to all of them.

Discovered
1936-12-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-06-17.

The Commission's schedule remark for this field reads: LEASE PLAT. PRORATION PLAT IS NOT REQUIRED.

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.

StreamBasisVolumeValue
OilDisposition93,968 bbl$7,236,000
Casinghead gasProduction18,689 Mcf$53,194
Total$7,289,193

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.6812, -99.6792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.68122, -99.67921 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,335 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,335 ft.

Completions filed
Apr 2012
1 of 1 wells

1 well

42-5073286316,335 ftApr 2012

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (170)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

170 months

May 20267440106.413.05$79,169
Apr 2026940098.932.87$92,994
Mar 202615089.753.15$1,346
Feb 2026193063.503.75$12,256
Jan 2026559059.138.00$33,054
Dec 2025408056.664.41$23,117
Nov 20252,243058.593.93$131,417
Oct 20251,342059.383.30$79,688
Sep 202513062.743.08$816
Aug 202525063.933.01$1,598
Jul 202543066.743.32$2,870
Jun 202512066.483.13$798
May 2025173060.553.23$10,475
Apr 20250062.363.54$0
Mar 2025178067.704.27$12,051
Feb 2025170070.884.34$12,050
Jan 2025180074.324.28$13,378
Dec 2024181068.993.12$12,487
Nov 2024363069.052.20$25,065
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 2024171075.632.06$12,933
Jul 2024191079.932.15$15,267
Jun 20240078.082.63$0
May 2024371078.812.20$29,239
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024178073.023.30$12,998
Dec 2023375071.262.61$26,723
Nov 20230077.892.81$0
Oct 2023176085.443.09$15,037
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023172074.852.64$12,874
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 2023328078.122.24$25,623
Mar 2023165072.852.39$12,020
Feb 2023166075.112.47$12,468
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022170085.005.65$14,450
Oct 2022337087.185.86$29,380
Sep 20220084.888.16$0
Aug 2022349094.529.13$32,987
Jul 20221800101.587.54$18,284
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221840104.226.84$19,176
Mar 202200108.885.08$0
Feb 2022186091.054.86$16,935
Jan 2022175081.844.54$14,322
Dec 2021170171.323.90$12,128
Nov 20210077.435.24$0
Oct 2021170279.795.71$13,576
Sep 2021168069.865.35$11,736
Aug 20210066.024.22$0
Jul 2021346070.783.98$24,490
Jun 20210069.493.38$0
May 2021160063.483.02$10,157
Apr 2021169060.362.76$10,201
Mar 2021357061.302.72$21,884
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020163038.772.71$6,320
Oct 20200036.972.48$0
Sep 2020509037.091.99$18,879
Aug 20200839.982.39$19
Jul 202017420838.371.83$7,056
Jun 202017436834.901.69$6,695
May 2020034316.921.81$622
Apr 202034845314.751.80$5,950
Mar 202017319930.341.86$5,618
Feb 2020517549.881.98$25,798
Jan 2020351057.252.09$20,095
Dec 20193486359.012.30$20,681
Nov 201933948355.302.75$20,075
Oct 201916662253.472.42$10,380
Sep 201901955.052.66$50
Aug 201916124853.112.30$9,122
Jul 201951983956.272.46$31,268
Jun 201934268052.782.49$19,745
May 201935176758.482.74$22,628
Apr 201931850662.632.75$21,308
Mar 20193341,02156.803.06$22,098
Feb 20191741,60850.852.79$13,338
Jan 201968588846.033.23$34,397
Dec 201834477546.594.19$19,271
Nov 20186931,09452.934.24$41,316
Oct 20181,6981,17361.443.40$108,311
Sep 20182,0691,41159.543.11$127,574
Aug 20182,04818459.403.07$122,215
Jul 20181,7336765.142.93$113,084
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018165063.842.90$10,534
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017169057.272.92$9,679
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017175047.523.09$8,316
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017186042.493.09$7,903
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017168046.772.98$7,857
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016167048.763.72$8,143
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016177041.553.10$7,354
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016175045.352.69$7,936
May 20160042.521.99$0
Apr 2016154036.561.99$5,630
Mar 2016162233.011.79$5,351
Feb 201681744126.472.06$22,536
Jan 20161,99590727.352.36$56,708
Dec 20152,189032.362.00$70,836
Nov 2015512038.792.17$19,860
Oct 2015660043.552.43$28,743
Sep 2015340042.992.76$14,617
Aug 2015497040.162.87$19,960
Jul 2015158048.152.95$7,608
Jun 2015637056.152.88$35,768
May 2015549055.212.96$30,310
Apr 2015723049.822.71$36,020
Mar 2015530042.892.93$22,732
Feb 2015514044.662.98$22,955
Jan 2015502043.433.10$21,802
Dec 2014522054.693.59$28,548
Nov 2014518070.464.25$36,498
Oct 2014515078.303.90$40,325
Sep 2014520086.164.05$44,803
Aug 2014969089.394.04$86,619
Jul 201467533496.564.18$66,574
Jun 2014328098.164.74$32,196
May 2014337094.734.73$31,924
Apr 2014347595.944.81$33,315
Mar 2014520995.895.06$49,908
Feb 2014359097.406.19$34,967
Jan 2014878490.404.86$79,391
Dec 2013887691.824.35$81,470
Nov 2013902988.853.74$80,176
Oct 2013888097.423.78$86,509
Sep 20136900104.113.72$71,836
Aug 20131,0520104.253.52$109,671
Jul 20138740102.523.72$89,602
Jun 20131,0442694.403.93$98,656
May 20131,770294.834.15$167,857
Apr 20131,897093.964.28$178,242
Mar 20132,158893.623.91$202,063
Feb 20135362191.233.42$48,971
Jan 2013698391.603.42$63,947
Dec 20121,215086.773.42$105,426
Nov 20121,807086.953.62$157,119
Oct 2012952889.383.40$85,117
Sep 20121,6559894.672.92$156,965
Aug 20122,39761992.662.91$223,906
Jul 20121,97730485.133.02$169,220
Jun 20124,26975079.822.52$342,641
May 20129,83910691.612.49$901,615
Apr 20129,725992101.652.00$990,527

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.

May 2026 — as filed, then multipliedworked
Oil                  744 bbl  × $106.41 =    $79,169
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $79,169

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/O/16477 is the state's own key, not one this site invented.