MARGENE UNIT

Operated by FELDERHOFF PRODUCTION COMPANY (P-5 265140) in the FT. TRINIDAD, EAST (DEXTER C) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9916District 03Field 32157355OilCasinghead gasSaveExport
Value, all time
$3.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$133 k
at the published price for each month
Months reported
401
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 8 leases and 20 wells, and the rule below applies to all of them.

Discovered
1970-02-06
as the register files it
Field class
Oil
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres.

The Commission's schedule remark for this field reads: OPTIONAL 80 AC

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
OilDisposition63,042 bbl$3,749,552
Casinghead gasProduction3,129 Mcf$8,050
Total$3,757,602

1,552 Mcf of this lease's gas, across 33 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 2026170098.932.87$16,818
Mar 2026184089.753.15$16,514
Feb 2026179063.503.75$11,367
Jan 2026195059.138.00$11,530
Dec 20250056.664.41$0
Nov 2025338058.593.93$19,803
Oct 2025184059.383.30$10,926
Sep 2025194062.743.08$12,172
Aug 20250063.933.01$0
Jul 2025175066.743.32$11,680
Jun 2025335066.483.13$22,271
May 2025179060.553.23$10,838
Apr 2025184062.363.54$11,474
Mar 2025185067.704.27$12,525
Feb 2025179070.884.34$12,688
Jan 2025181074.324.28$13,452
Dec 2024183068.993.12$12,625
Nov 2024184069.052.20$12,705
Oct 2024366071.372.28$26,121
Sep 20240069.612.36$0
Aug 2024188075.632.06$14,218
Jul 2024179079.932.15$14,307
Jun 2024188078.082.63$14,679
May 2024184078.812.20$14,501
Apr 2024368084.451.66$31,078
Mar 20240080.301.55$0
Feb 2024182076.091.78$13,848
Jan 2024161073.023.30$11,756
Dec 2023357071.262.61$25,440
Nov 2023201077.892.81$15,656
Oct 2023183085.443.09$15,636
Sep 2023188089.042.74$16,740
Aug 2023177080.522.67$14,252
Jul 20230074.852.64$0
Jun 2023362068.962.26$24,964
May 2023177070.622.23$12,500
Apr 2023363078.122.24$28,358
Mar 2023170072.852.39$12,385
Feb 2023170075.112.47$12,769
Jan 2023186076.533.39$14,235
Dec 2022158076.415.73$12,073
Nov 20220085.005.65$0
Oct 2022152087.185.86$13,251
Sep 2022182084.888.16$15,448
Aug 2022172094.529.13$16,257
Jul 20223860101.587.54$39,210
Jun 202200115.097.98$0
May 20223830109.378.43$41,889
Apr 20221820104.226.84$18,968
Mar 20221780108.885.08$19,381
Feb 2022190091.054.86$17,300
Jan 2022535081.844.54$43,784
Dec 20210071.323.90$0
Nov 2021362077.435.24$28,030
Oct 20210079.795.71$0
Sep 2021356069.865.35$24,870
Aug 2021185066.024.22$12,214
Jul 2021361070.783.98$25,552
Jun 2021178069.493.38$12,369
May 20210063.483.02$0
Apr 2021175060.362.76$10,563
Mar 2021344061.302.72$21,087
Feb 2021156057.805.55$9,017
Jan 2021349050.412.81$17,593
Dec 2020189044.642.68$8,437
Nov 2020164038.772.71$6,358
Oct 2020396036.972.48$14,640
Sep 2020346037.091.99$12,833
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020177014.751.80$2,611
Mar 2020170030.341.86$5,158
Feb 2020181049.881.98$9,028
Jan 2020186057.252.09$10,649
Dec 2019358059.012.30$21,126
Nov 2019177055.302.75$9,788
Oct 2019360053.472.42$19,249
Sep 2019182055.052.66$10,019
Aug 2019183053.112.30$9,719
Jul 2019367056.272.46$20,651
Jun 2019177052.782.49$9,342
May 2019177058.482.74$10,351
Apr 2019176062.632.75$11,023
Mar 2019177056.803.06$10,054
Feb 2019179050.852.79$9,102
Jan 2019370046.033.23$17,031
Dec 2018161046.594.19$7,501
Nov 2018510052.934.24$26,994
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018371059.403.07$22,037
Jul 2018186065.142.93$12,116
Jun 2018366060.183.08$22,026
May 2018183065.382.90$11,965
Apr 2018185063.842.90$11,810
Mar 2018183061.222.79$11,203
Feb 2018370061.782.77$22,859
Jan 2018173062.874.01$10,877
Dec 2017170057.272.92$9,736
Nov 2017363055.423.12$20,117
Oct 2017178049.292.98$8,774
Sep 2017360047.523.09$17,107
Aug 2017174045.373.00$7,894
Jul 2017178043.873.09$7,809
Jun 2017358042.493.09$15,211
May 2017174045.373.26$7,894
Apr 2017358047.933.21$17,159
Mar 2017180046.772.98$8,419
Feb 2017357050.452.95$18,011
Jan 2017181049.413.42$8,943
Dec 2016177048.763.72$8,631
Nov 2016361042.492.64$15,339
Oct 2016180046.193.09$8,314
Sep 2016357041.553.10$14,833
Aug 2016177041.442.92$7,335
Jul 2016370041.622.92$15,399
Jun 2016179045.352.69$8,118
May 2016366042.521.99$15,562
Apr 2016186036.561.99$6,800
Mar 2016374033.011.79$12,346
Feb 2016191026.472.06$5,056
Jan 2016383027.352.36$10,475
Dec 2015189032.362.00$6,116
Nov 2015372038.792.17$14,430
Oct 2015371043.552.43$16,157
Sep 2015183042.992.76$7,867
Aug 2015366040.162.87$14,699
Jul 2015179048.152.95$8,619
Jun 2015365056.152.88$20,495
May 2015178055.212.96$9,827
Apr 2015379049.822.71$18,882
Mar 2015179042.892.93$7,677
Feb 2015387044.662.98$17,283
Jan 2015372043.433.10$16,156
Dec 2014190054.693.59$10,391
Nov 2014190070.464.25$13,387
Oct 2014378078.303.90$29,597
Sep 2014191086.164.05$16,457
Aug 2014382089.394.04$34,147
Jul 2014158096.564.18$15,256
Jun 2014323098.164.74$31,706
May 2014365094.734.73$34,576
Apr 2014343095.944.81$32,907
Mar 2014346095.895.06$33,178
Feb 2014351097.406.19$34,187
Jan 2014350090.404.86$31,640
Dec 2013467091.824.35$42,880
Nov 2013157088.853.74$13,949
Oct 2013317097.423.78$30,882
Sep 20131670104.113.72$17,386
Aug 20133480104.253.52$36,279
Jul 20131580102.523.72$16,198
Jun 2013455094.403.93$42,952
May 2013310094.834.15$29,397
Apr 2013320093.964.28$30,067
Mar 2013331093.623.91$30,988
Feb 2013376091.233.42$34,302
Jan 2013369091.603.42$33,800
Dec 2012189086.773.42$16,400
Nov 2012478086.953.62$41,562
Oct 2012377089.383.40$33,696
Sep 2012370094.672.92$35,028
Aug 2012376092.662.91$34,840
Jul 2012373085.133.02$31,753
Jun 2012370079.822.52$29,533
May 2012559091.612.49$51,210
Apr 20123800101.652.00$38,627
Mar 20125620105.052.22$59,038
Feb 20123760101.102.57$38,014
Jan 2012571098.092.73$56,009
Dec 2011742096.873.24$71,878
Nov 2011190095.723.31$18,187
Oct 2011376084.983.65$31,952
Sep 2011576083.623.99$48,165
Aug 2011565083.404.15$47,121
Jul 2011738094.144.52$69,475
Jun 2011366092.904.64$34,001
May 2011363098.134.40$35,621
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010342078.103.51$26,710
Sep 20100072.633.98$0
Aug 20103378473.684.42$25,201
Jul 20101688272.554.74$12,577
Jun 201009870.364.91$481
May 201034111171.124.24$24,722
Apr 201016912381.694.12$14,313
Mar 201034216378.394.39$27,525
Feb 2010019673.585.44$1,067
Jan 2010021274.365.96$1,264
Dec 200916750871.445.48$14,716
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009335067.423.22$22,586
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 2005158050.377.15$7,958
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004175043.245.28$7,567
Aug 20040042.375.55$0
Jul 2004172038.286.08$6,584
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200478034.475.86$2,689
Mar 2004172034.365.53$5,910
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003172030.266.30$5,205
Nov 20030028.804.60$0
Oct 2003174028.174.76$4,902
Sep 2003170026.314.75$4,473
Aug 2003169029.765.13$5,029
Jul 2003268029.415.17$7,882
Jun 20030028.565.98$0
May 200385026.595.97$2,260
Apr 2003172026.675.41$4,587
Mar 20030031.146.10$0
Feb 2003176033.487.93$5,892
Jan 2003176030.315.58$5,335
Dec 2002168026.914.85$4,521
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 2001175019.782.53$3,462
Sep 2001348024.262.25$8,442
Aug 2001172024.873.05$4,278
Jul 20010023.933.20$0
Jun 2001348024.563.82$8,547
May 20010025.524.31$0
Apr 2001344024.685.34$8,490
Mar 2001173024.545.38$4,245
Feb 2001187027.755.77$5,189
Jan 2001185027.478.40$5,082
Dec 2000171026.889.12$4,596
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000159031.875.19$5,067
Aug 2000177029.644.54$5,246
Jul 20000028.534.09$0
Jun 2000185029.304.40$5,421
May 2000166027.263.68$4,525
Apr 2000180024.513.12$4,412
Mar 20000028.422.86$0
Feb 2000355027.622.73$9,805
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 1999178020.982.80$3,734
Sep 1999173021.752.62$3,763
Aug 19990019.262.88$0
Jul 1999181017.892.37$3,238
Jun 1999176015.942.36$2,805
May 1999179015.792.32$2,826
Apr 19990015.102.21$0
Mar 1999295012.471.84$3,679
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 1998162012.592.08$2,040
Aug 1998180011.301.91$2,034
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 1997338016.322.41$5,516
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997319017.862.55$5,697
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997309018.972.31$5,862
Apr 19970017.882.08$0
Mar 1997186018.951.94$3,525
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 19960023.32$0
Nov 1996276021.97$6,064
Oct 19960023.31$0
Sep 1996197022.22$4,377
Aug 1996295020.26$5,977
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 1996162017.07$2,765
Dec 19950317.19$0
Nov 19950016.00$0
Oct 1995172315.43$2,654
Sep 19950016.18$0
Aug 19950615.92$0
Jul 19950115.24$0
Jun 19950316.41$0
May 199583317.56$1,457
Apr 19950317.73$0
Mar 19950016.44$0
Feb 1995268616.58$4,443
Jan 19953585415.92$5,699
Dec 19940615.03$0
Nov 19941763615.90$2,798
Oct 19943162315.58$4,923
Sep 19940315.29$0
Aug 19943501816.13$5,646
Jul 199401217.56$0
Jun 1994193317.09$3,298
May 19940315.88$0
Apr 19941752114.14$2,475
Mar 19941544212.46$1,919
Feb 19943482412.50$4,350
Jan 199401512.66$0
Dec 19933415712.33$4,205
Nov 19931782114.49$2,579
Oct 19931742115.85$2,758
Sep 19931723015.03$2,585
Aug 19933553615.66$5,559
Jul 19933472415.46$5,365
Jun 199303016.79$0
May 19933293017.68$5,817
Apr 1993184118.05$3,321
Mar 199318833218.14$3,410
Feb 199335630317.90$6,372
Jan 199317437916.93$2,946

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.

Apr 2026 — as filed, then multipliedworked
Oil                  170 bbl  × $ 98.93 =    $16,818
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $16,818

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. 03/O/9916 is the state's own key, not one this site invented.