MAGARIGAL GAS UNIT 1

Operated by REPSOL OIL & GAS USA, LLC (P-5 703462) in the SUGARKANE (EAGLE FORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273092District 02Field 86950600Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.5 M
May 2014 – May 2026
Value, last 12 filed months
$235 k
at the published price for each month
Months reported
145
no gaps in the span
Streams
2
condensate, 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 1,993 leases and 2,259 wells, and the rule below applies to all of them.

Discovered
2009-12-01
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 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: GAS WELLS

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112015-04-30215904
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition133,006 bbl$8,538,810
GasProduction1,144,561 Mcf$3,949,782
Total$12,488,592

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 28.8471, -97.8013. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.84715, -97.80135 · 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
13,208 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 13,208 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-25533276A 2H13,208 ftMay 2014

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 (145)

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

145 months

May 20261781,770106.413.05$24,332
Apr 20269766498.932.87$11,502
Mar 20261641,27189.753.15$18,722
Feb 20261561,36763.503.75$15,033
Jan 20267461,71559.138.00$57,827
Dec 20251631,46756.664.41$15,710
Nov 20251121,14658.593.93$11,062
Oct 20251461,31359.383.30$13,009
Sep 20251421,39262.743.08$13,192
Aug 20251631,32663.933.01$14,418
Jul 20252061,55866.743.32$18,914
Jun 20252182,08066.483.13$21,000
May 202510798560.553.23$9,663
Apr 20255444962.363.54$4,958
Mar 202511283567.704.27$11,146
Feb 202510971470.884.34$10,825
Jan 20251871,20674.324.28$19,058
Dec 20242381,62668.993.12$21,495
Nov 20242491,72769.052.20$20,990
Oct 20241621,24671.372.28$14,405
Sep 2024871,50669.612.36$9,617
Aug 20241261,70175.632.06$13,040
Jul 20242171,66179.932.15$20,910
Jun 20242041,51178.082.63$19,908
May 202414397478.812.20$13,411
Apr 20241631,32684.451.66$15,965
Mar 20242941,64580.301.55$26,150
Feb 20241501,70876.091.78$14,460
Jan 202411,77373.023.30$5,920
Dec 202331,20671.262.61$3,362
Nov 202302,42577.892.81$6,808
Oct 2023060685.443.09$1,871
Sep 202302,39789.042.74$6,556
Aug 202391,25780.522.67$4,084
Jul 20236095574.852.64$7,014
Jun 20231601,30668.962.26$13,983
May 20233231,84270.622.23$26,913
Apr 20232251,52878.122.24$20,996
Mar 20232931,81172.852.39$25,679
Feb 20232731,71475.112.47$24,731
Jan 20232611,46476.533.39$24,934
Dec 20222701,80576.415.73$30,972
Nov 20222291,86785.005.65$30,006
Oct 20222751,76987.185.86$34,347
Sep 20222801,76484.888.16$38,167
Aug 20222842,32194.529.13$48,028
Jul 20223832,582101.587.54$58,379
Jun 20223072,212115.097.98$52,978
May 20222441,087109.378.43$35,853
Apr 20223352,840104.226.84$54,332
Mar 202250858108.885.08$9,800
Feb 2022561,73891.054.86$13,543
Jan 2022294,25281.844.54$21,668
Dec 2021171,52471.323.90$7,155
Nov 2021241,88177.435.24$11,709
Oct 202193,43879.795.71$20,362
Sep 202102,04969.865.35$10,964
Aug 202131,91766.024.22$8,289
Jul 202171,91770.783.98$8,129
Jun 202101,91569.493.38$6,474
May 202101,98163.483.02$5,978
Apr 2021151,96960.362.76$6,337
Mar 20211112,08061.302.72$12,456
Feb 20212201,64357.805.55$21,831
Jan 20214322,20750.412.81$27,979
Dec 20205362,38744.642.68$30,313
Nov 20205832,05438.772.71$28,162
Oct 20206192,23936.972.48$28,434
Sep 20206242,22637.091.99$27,576
Aug 20206482,26339.982.39$31,305
Jul 20206002,10538.371.83$26,864
Jun 20205662,19334.901.69$23,460
May 20206632,30816.921.81$15,406
Apr 20205202,35114.751.80$11,912
Mar 20206132,51830.341.86$23,272
Feb 20204631,72849.881.98$26,517
Jan 20205792,22857.252.09$37,815
Dec 20195982,59759.012.30$41,272
Nov 20195712,32855.302.75$37,980
Oct 20194212,33053.472.42$28,146
Sep 20193872,24155.052.66$27,259
Aug 20195932,09153.112.30$36,313
Jul 20196312,19356.272.46$40,901
Jun 20195602,25552.782.49$35,174
May 20192642,54858.482.74$22,421
Apr 20194201,72662.632.75$31,052
Mar 20195972,66456.803.06$42,067
Feb 20193931,57250.852.79$24,373
Jan 20194552,17546.033.23$27,965
Dec 20185452,25746.594.19$34,838
Nov 20185952,50852.934.24$42,120
Oct 20188867,00961.443.40$78,253
Sep 20189203,72659.543.11$66,357
Aug 20188764,95359.403.07$67,223
Jul 20182514,02765.142.93$28,157
Jun 20181543,66660.183.08$20,548
May 20187766,52865.382.90$69,671
Apr 20185864,36363.842.90$50,066
Mar 20186963,30761.222.79$51,825
Feb 20188143,80761.782.77$60,820
Jan 20185573,16262.874.01$47,696
Dec 20175323,30257.272.92$40,115
Nov 20175213,79455.423.12$40,705
Oct 20176414,26649.292.98$44,323
Sep 20177433,83847.523.09$47,156
Aug 20177434,18345.373.00$46,277
Jul 2017143043.873.09$6,273
Jun 20175404,19942.493.09$35,908
May 20176704,33045.373.26$44,528
Apr 20177704,80947.933.21$52,351
Mar 20178154,85646.772.98$52,606
Feb 20172534,39850.452.95$25,749
Jan 20176305,50749.413.42$49,956
Dec 20165505,76048.763.72$48,262
Nov 20161,3116,60142.492.64$73,160
Oct 20168907,46846.193.09$64,187
Sep 20165072,21141.553.10$27,921
Aug 20161,1285,72541.442.92$63,486
Jul 20161,0796,15241.622.92$62,899
Jun 20161,1166,20845.352.69$67,284
May 20161,0507,09342.521.99$58,768
Apr 20165693,82636.561.99$28,420
Mar 20168546,69733.011.79$40,205
Feb 20161,4067,88926.472.06$53,497
Jan 20161,3389,60727.352.36$59,309
Dec 20151,68513,62932.362.00$81,804
Nov 20151,17016,18138.792.17$80,454
Oct 20152,06123,65443.552.43$147,155
Sep 20151,80326,31742.992.76$150,104
Aug 20151,99727,11340.162.87$158,081
Jul 20152,15828,27448.152.95$187,177
Jun 20152,41626,90656.152.88$213,225
May 20152,40230,71755.212.96$223,397
Apr 20152,35939,75049.822.71$225,112
Mar 20153,17041,68642.892.93$258,298
Feb 20153,19937,36444.662.98$254,070
Jan 20154,86451,89543.433.10$372,151
Dec 20145,58557,81054.693.59$513,060
Nov 20146,54766,49970.464.25$744,045
Oct 20145,47132,69078.303.90$555,902
Sep 20147,16370,08086.164.05$900,669
Aug 20148,53764,38989.394.04$1,022,940
Jul 201410,38471,10596.564.18$1,299,870
Jun 20147,58965,43198.164.74$1,054,875
May 20142,80619,93094.734.73$360,013

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
Condensate           178 bbl  × $106.41 =    $18,941
Gas                1,770 Mcf  × $  3.05 =     $5,391

────────────────────────────────────────────────────
Month total                                  $24,332

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. 02/G/273092 is the state's own key, not one this site invented.