MARGARET ANN

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the EAGLEVILLE (EAGLE FORD-2) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11450District 02Field 27135750Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$142.4 M
Oct 2017 – May 2026
Value, last 12 filed months
$6.9 M
at the published price for each month
Months reported
104
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 3,304 leases and 7,959 wells, and the rule below applies to all of them.

Discovered
2009-03-20
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 40 acres. The field rule took effect on 2017-02-28.

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: BASED ON 3000 TO 1 GAS OIL RATIO

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
OilDisposition2,111,684 bbl$131,532,963
Casinghead gasProduction3,318,545 Mcf$10,899,893
Total$142,432,856

Wells on this lease (13)

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 28.9634, -97.9528. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

28.96344, -97.95152 · 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 13 wells
With a plug date
0.0%
0 of 13 wells
Median depth
10,718 ft
13 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.
13100.0%

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

Total depth in feet, 13 of 13 wells. Median 10,718 ft, with the middle half between 10,532 and 10,783 ft; the shallowest is 10,481 ft and the deepest 10,796 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 13 of 13 wells, Oct 2017 – Mar 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 2017 – Mar 2021
13 of 13 wells

13 wells

42-2553683314H10,783 ftMar 2021
42-2553685313H10,785 ftMar 2021
42-2553685412H10,789 ftMar 2021
42-2553685511H10,796 ftMar 2021
42-255363484H10,758 ftOct 2019
42-255363495H10,778 ftOct 2019
42-255363506H10,674 ftOct 2019
42-255363528H10,718 ftOct 2019
42-255363543H10,523 ftOct 2019
42-255363569H10,716 ftOct 2019
42-255363517H10,532 ftOct 2019
42-255354922H10,481 ftOct 2017
42-255354891H10,519 ftOct 2017

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 (104)

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

104 months

May 20267,40318,803106.413.05$845,024
Apr 20265,99223,35998.932.87$659,822
Mar 20267,73217,92389.753.15$750,394
Feb 20265,83313,87963.503.75$422,446
Jan 20266,38918,51259.138.00$525,839
Dec 20257,06921,70956.664.41$496,339
Nov 20257,54017,39958.593.93$510,085
Oct 20256,87222,74459.383.30$483,225
Sep 20257,94520,20162.743.08$560,626
Aug 20257,42815,11163.933.01$520,428
Jul 20257,44813,97666.743.32$543,413
Jun 20257,49817,01566.483.13$551,702
May 20256,93519,08660.553.23$481,606
Apr 20258,65519,31362.363.54$608,154
Mar 20257,33419,50267.704.27$579,753
Feb 20258,13714,51070.884.34$639,736
Jan 20257,18216,45074.324.28$604,151
Dec 20248,37514,42968.993.12$622,830
Nov 20248,16123,36269.052.20$614,877
Oct 20248,16924,32971.372.28$638,526
Sep 20247,58818,86769.612.36$572,809
Aug 20247,79430,07075.632.06$651,514
Jul 20249,06422,10979.932.15$771,944
Jun 20249,67529,61078.082.63$833,416
May 20249,62629,90478.812.20$824,367
Apr 202410,04926,56084.451.66$892,706
Mar 202410,83325,45480.301.55$909,220
Feb 202411,03719,35276.091.78$874,322
Jan 202410,84721,80773.023.30$863,960
Dec 202310,74927,89971.262.61$838,810
Nov 202310,68028,11277.892.81$910,791
Oct 202312,60629,04685.443.09$1,166,730
Sep 202310,91531,50889.042.74$1,058,047
Aug 202312,00233,16080.522.67$1,055,034
Jul 202312,42735,51274.852.64$1,023,977
Jun 202312,46931,87668.962.26$931,854
May 202312,08035,05670.622.23$931,173
Apr 202313,42830,05978.122.24$1,116,260
Mar 202313,74634,27672.852.39$1,083,424
Feb 202312,88533,04875.112.47$1,049,278
Jan 202314,08539,27476.533.39$1,210,974
Dec 202215,42431,53576.415.73$1,359,214
Nov 202215,18528,78585.005.65$1,453,251
Oct 202215,49237,05087.185.86$1,567,845
Sep 202215,29133,84084.888.16$1,574,159
Aug 202217,69138,53694.529.13$2,023,878
Jul 202216,44825,174101.587.54$1,860,652
Jun 202219,06126,928115.097.98$2,408,541
May 202220,85429,255109.378.43$2,527,511
Apr 202221,66730,400104.226.84$2,465,998
Mar 202220,87827,890108.885.08$2,414,777
Feb 202219,37324,43691.054.86$1,882,642
Jan 202227,13033,22181.844.54$2,371,065
Dec 202127,53432,31771.323.90$2,089,733
Nov 202125,32532,17477.435.24$2,129,405
Oct 202125,06342,57679.795.71$2,243,051
Sep 202126,86941,17869.865.35$2,097,409
Aug 202133,20050,13466.024.22$2,403,459
Jul 202141,48856,83770.783.98$3,162,850
Jun 202149,30471,30569.493.38$3,667,190
May 202161,62857,53563.483.02$4,085,767
Apr 202176,02364,99760.362.76$4,768,037
Mar 202180,57368,33961.302.72$5,124,798
Feb 20217,62820,19857.805.55$552,956
Jan 202118,44540,16850.412.81$1,042,695
Dec 202018,97736,68144.642.68$945,272
Nov 202020,10341,89238.772.71$892,777
Oct 202022,96945,42336.972.48$961,742
Sep 202023,18646,90937.091.99$953,366
Aug 202025,55349,21939.982.39$1,139,001
Jul 202029,14144,01638.371.83$1,198,475
Jun 202030,63154,47534.901.69$1,161,102
May 202035,46260,52916.921.81$709,862
Apr 202038,06562,38414.751.80$674,023
Mar 202046,75066,78830.341.86$1,542,369
Feb 202050,59367,88449.881.98$2,658,035
Jan 202060,25194,79657.252.09$3,647,943
Dec 201976,542105,27859.012.30$4,759,342
Nov 2019115,293116,72055.302.75$6,696,765
Oct 2019177,397124,66553.472.42$9,786,925
Sep 201913055.052.66$716
Aug 201921053.112.30$1,115
Jul 20193,1924,52356.272.46$190,741
Jun 20196,6749,46752.782.49$375,838
May 20196,00511,39658.482.74$382,401
Apr 20196,92110,14062.632.75$461,354
Mar 20198,11411,72856.803.06$496,788
Feb 20196,30611,73350.852.79$353,421
Jan 20197,81014,51846.033.23$406,361
Dec 20187,36613,72546.594.19$400,627
Nov 20187,78212,36152.934.24$464,278
Oct 20189,05115,72461.443.40$609,525
Sep 20189,05816,45859.543.11$590,465
Aug 201810,21118,08159.403.07$661,980
Jul 201810,93210,07265.142.93$741,640
Jun 201811,91712,23960.183.08$754,823
May 201813,91827,89565.382.90$990,877
Apr 201816,23930,48063.842.90$1,125,114
Mar 201817,92328,02061.222.79$1,175,333
Feb 201810,07413,13461.782.77$658,702
Jan 201813,85918,47962.874.01$945,404
Dec 201719,32530,95057.272.92$1,197,164
Nov 201734,14135,31555.423.12$2,002,219
Oct 201723,66315,46949.292.98$1,212,504

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                7,403 bbl  × $106.41 =   $787,753
Casinghead gas    18,803 Mcf  × $  3.05 =    $57,271

────────────────────────────────────────────────────
Month total                                 $845,024

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/O/11450 is the state's own key, not one this site invented.