MARGO/PENA

Operated by MORTIMER PRODUCTION COMPANY (P-5 589954) in the ARROYO LOS OLMOS (YEGUA 25) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121118District 04Field 03945500CondensateGasSaveExport
Value, all time
$8.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$134 k
at the published price for each month
Months reported
401
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 34 leases and 34 wells, and the rule below applies to all of them.

Discovered
1985-03-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED EFFECTIVE 2/1/93. TMH

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
CondensateDisposition22,621 bbl$843,735
GasProduction2,832,071 Mcf$7,249,079
Total$8,092,814

932,143 Mcf of this lease's gas, across 48 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.

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 26.3564, -98.7808. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.35639, -98.78079 · 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
5,712 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 5,712 ft.

Completions filed
Jan 1986
1 of 1 wells

1 well

42-4273208515,712 ftJan 1986

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 (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 202602,772106.413.05$8,443
Apr 202602,86898.932.87$8,230
Mar 2026792,75789.753.15$15,773
Feb 202602,80563.503.75$10,520
Jan 202602,60359.138.00$20,819
Dec 202503,03456.664.41$13,390
Nov 202502,89658.593.93$11,371
Oct 202502,96859.383.30$9,809
Sep 202502,78362.743.08$8,563
Aug 202502,81763.933.01$8,493
Jul 202502,92366.743.32$9,690
Jun 202502,69866.483.13$8,441
May 202502,99760.553.23$9,687
Apr 202502,80262.363.54$9,928
Mar 202503,00267.704.27$12,814
Feb 202502,65470.884.34$11,521
Jan 202503,43274.324.28$14,684
Dec 202403,20968.993.12$10,016
Nov 202403,16569.052.20$6,958
Oct 202403,25271.372.28$7,419
Sep 202402,95069.612.36$6,975
Aug 202402,99175.632.06$6,172
Jul 202403,08079.932.15$6,612
Jun 202403,12178.082.63$8,221
May 202403,34378.812.20$7,349
Apr 202403,33584.451.66$5,533
Mar 202403,21780.301.55$4,971
Feb 20241073,41176.091.78$14,226
Jan 202403,44773.023.30$11,367
Dec 202303,62571.262.61$9,464
Nov 202303,23877.892.81$9,091
Oct 202303,43985.443.09$10,617
Sep 202303,52289.042.74$9,633
Aug 202303,57680.522.67$9,558
Jul 202301,63674.852.64$4,322
Jun 20230068.962.26$0
May 202302,35970.622.23$5,254
Apr 202303,13378.122.24$7,011
Mar 202303,21272.852.39$7,687
Feb 202303,08775.112.47$7,612
Jan 202303,08976.533.39$10,465
Dec 202203,50576.415.73$20,080
Nov 202203,52685.005.65$19,909
Oct 2022413,51687.185.86$24,191
Sep 202203,37484.888.16$27,544
Aug 202203,90994.529.13$35,678
Jul 202203,547101.587.54$26,752
Jun 202203,344115.097.98$26,676
May 202203,731109.378.43$31,464
Apr 20221674,295104.226.84$46,772
Mar 202204,266108.885.08$21,656
Feb 202203,80791.054.86$18,498
Jan 202204,44881.844.54$20,184
Dec 202104,09871.323.90$15,979
Nov 202106,28777.435.24$32,924
Oct 202103,41179.795.71$19,490
Sep 202104,96669.865.35$26,573
Aug 202105,34866.024.22$22,572
Jul 202101,70270.783.98$6,778
Jun 202117230969.493.38$12,997
May 202105,24063.483.02$15,813
Apr 202104,66460.362.76$12,865
Mar 202105,47361.302.72$14,870
Feb 202104,79457.805.55$26,597
Jan 202105,79450.412.81$16,283
Dec 20201666,53644.642.68$24,897
Nov 202005,88938.772.71$15,939
Oct 202006,23736.972.48$15,458
Sep 202005,33037.091.99$10,612
Aug 202006,31139.982.39$15,052
Jul 202006,24238.371.83$11,392
Jun 202006,18534.901.69$10,455
May 202006,17016.921.81$11,197
Apr 202006,56314.751.80$11,842
Mar 202007,18230.341.86$13,331
Feb 20201856,89349.881.98$22,881
Jan 202007,47657.252.09$15,660
Dec 201907,70959.012.30$17,764
Nov 201906,84955.302.75$18,840
Oct 201906,71753.472.42$16,245
Sep 20191646,14055.052.66$25,344
Aug 201906,53753.112.30$15,064
Jul 201906,51956.272.46$16,037
Jun 201906,66552.782.49$16,604
May 201906,90758.482.74$18,927
Apr 201906,57062.632.75$18,072
Mar 20191807,58856.803.06$33,459
Feb 201904,97250.852.79$13,883
Jan 201908,03646.033.23$25,942
Dec 20181696,85246.594.19$36,552
Nov 201806,43452.934.24$27,262
Oct 201807,43061.443.40$25,248
Sep 201807,14859.543.11$22,216
Aug 201805,18359.403.07$15,894
Jul 20181726,87665.142.93$31,364
Jun 201807,02960.183.08$21,628
May 201806,97965.382.90$20,245
Apr 201807,08163.842.90$20,541
Mar 201807,47561.222.79$20,832
Feb 20181706,53461.782.77$28,576
Jan 201807,00862.874.01$28,097
Dec 201707,79157.272.92$22,762
Nov 20171757,61255.423.12$33,435
Oct 201707,97149.292.98$23,783
Sep 201706,06247.523.09$18,715
Aug 20171756,20245.373.00$26,573
Jul 201705,32343.873.09$16,434
Jun 201704,29942.493.09$13,272
May 201705,52745.373.26$18,037
Apr 20171755,22147.933.21$25,156
Mar 201707,25046.772.98$21,632
Feb 201708,18350.452.95$24,161
Jan 201716810,56749.413.42$44,427
Dec 201606,20948.763.72$23,115
Nov 201603,14542.492.64$8,316
Oct 20161784,66446.193.09$22,635
Sep 201603,23241.553.10$10,021
Aug 201603,16941.442.92$9,267
Jul 20161701,34541.622.92$11,009
Jun 201601,98945.352.69$5,342
May 201603,38142.521.99$6,732
Apr 20161753,54836.561.99$13,462
Mar 201603,83233.011.79$6,875
Feb 20161763,77126.472.06$12,441
Jan 20161812,89127.352.36$11,786
Dec 201503,14432.362.00$6,292
Nov 20151844,06538.792.17$15,948
Oct 201507043.552.43$170
Sep 201506742.992.76$185
Aug 2015011340.162.87$325
Jul 201509848.152.95$289
Jun 2015010956.152.88$314
May 201517712455.212.96$10,139
Apr 2015012049.822.71$325
Mar 2015012342.892.93$361
Feb 2015012544.662.98$372
Jan 20151829343.433.10$8,193
Dec 201408254.693.59$294
Nov 2014012870.464.25$544
Oct 20141808178.303.90$14,410
Sep 2014012286.164.05$494
Aug 2014011989.394.04$480
Jul 2014013396.564.18$556
Jun 201408598.164.74$403
May 201416912894.734.73$16,614
Apr 2014011195.944.81$534
Mar 2014016495.895.06$829
Feb 2014016097.406.19$991
Jan 2014013190.404.86$637
Dec 201318016391.824.35$17,237
Nov 2013011588.853.74$430
Oct 2013013897.423.78$522
Sep 20130112104.113.72$416
Aug 20130147104.253.52$518
Jul 20130175102.523.72$651
Jun 2013012494.403.93$488
May 2013010494.834.15$432
Apr 201316711093.964.28$16,162
Mar 2013014193.623.91$552
Feb 2013013691.233.42$465
Jan 201318216591.603.42$17,235
Dec 2012011486.773.42$390
Nov 2012013686.953.62$493
Oct 2012013789.383.40$466
Sep 2012017294.672.92$502
Aug 2012016092.662.91$465
Jul 201215913085.133.02$13,928
Jun 2012014879.822.52$373
May 2012016891.612.49$418
Apr 20120182101.652.00$363
Mar 20120164105.052.22$364
Feb 201217940101.102.57$18,200
Jan 2012014498.092.73$394
Dec 2011017096.873.24$551
Nov 2011013295.723.31$437
Oct 201117314884.983.65$15,242
Sep 2011011183.623.99$442
Aug 201102983.404.15$120
Jul 201103094.144.52$136
Jun 201101192.904.64$51
May 201117217498.134.40$17,645
Apr 20110119105.964.33$516
Mar 2011116896.364.06$11,210
Feb 201103785.644.18$155
Jan 201108186.504.59$372
Dec 2010011185.734.35$483
Nov 201003580.843.80$133
Oct 20101751,21178.103.51$17,917
Sep 201001,79172.633.98$7,127
Aug 20101792,96973.684.42$26,310
Jul 2010065272.554.74$3,088
Jun 201002,24170.364.91$11,004
May 20101701,58071.124.24$18,782
Apr 201001,80781.694.12$7,450
Mar 201001,96878.394.39$8,637
Feb 20101772,15573.585.44$24,752
Jan 201001,98474.365.96$11,833
Dec 20091851,61471.445.48$22,067
Nov 200901,41874.593.75$5,320
Oct 20091771,82972.544.11$20,357
Sep 2009068365.543.06$2,093
Aug 200901,58867.423.22$5,111
Jul 200901,39761.133.46$4,840
Jun 200901,38866.163.90$5,406
May 200901,67754.743.93$6,583
Apr 20091681,74546.773.59$14,118
Mar 200901,87642.144.06$7,615
Feb 20091731,72132.814.63$13,650
Jan 200901,43835.865.37$7,724
Dec 200801,27737.105.98$7,633
Nov 200801,18855.496.86$8,150
Oct 20081791,01175.246.92$20,466
Sep 20080997101.767.88$7,853
Aug 20080593114.228.48$5,030
Jul 20080854131.0811.39$9,727
Jun 2008142757131.3313.03$28,515
May 20080933123.1711.57$10,799
Apr 20080776110.3110.45$8,113
Mar 20080815101.909.66$7,876
Feb 200816062592.538.77$20,286
Jan 2008059590.388.21$4,882
Dec 2007081488.337.30$5,944
Nov 200716975891.677.29$21,019
Oct 2007076482.856.92$5,288
Sep 2007078575.846.24$4,902
Aug 2007094269.066.39$6,017
Jul 2007075670.906.39$4,829
Jun 2007083262.007.55$6,280
May 20071781,01158.747.85$18,388
Apr 2007074759.617.81$5,830
Mar 2007097356.927.30$7,105
Feb 2007094155.108.22$7,731
Jan 200717292550.306.73$14,874
Dec 200601,21256.656.92$8,385
Nov 200601,74154.207.62$13,262
Oct 200601,57754.906.01$9,484
Sep 20061160.085.04$65
Aug 20060068.717.34$0
Jul 200616726569.376.34$13,266
Jun 2006052166.286.38$3,326
May 200605,75866.016.42$36,995
Apr 200606,05664.397.36$44,575
Mar 20061806,72856.707.08$57,860
Feb 200606,12957.597.75$47,507
Jan 200606,87360.598.93$61,399
Dec 20051816,79354.9413.42$101,075
Nov 200504,33754.6910.59$45,922
Oct 200505,18458.3413.80$71,517
Sep 200502,28761.4512.08$27,625
Aug 200506,40961.519.80$62,788
Jul 20051563,38155.697.84$35,207
Jun 200504,90252.337.38$36,182
May 200506,10045.226.65$40,572
Apr 200506,96549.207.36$51,266
Mar 20051738,16950.377.15$67,162
Feb 200508,36245.226.31$52,780
Jan 200505,17843.166.32$32,736
Dec 20041667,53439.866.75$57,479
Nov 200406,14945.286.33$38,926
Oct 200409,46749.706.52$61,678
Sep 200407,40243.245.28$39,111
Aug 200408,82442.375.55$48,979
Jul 200408,89738.286.08$54,131
Jun 200416210,84436.106.43$75,608
May 200408,27037.486.49$53,710
Apr 200408,26334.475.86$48,408
Mar 200409,98234.365.53$55,202
Feb 200406,70132.455.51$36,920
Jan 20041668,69032.036.30$60,061
Dec 200309,78530.266.30$61,662
Nov 200308,51728.804.60$39,137
Oct 20031619,87028.174.76$51,513
Sep 200308,73626.314.75$41,490
Aug 2003010,00229.765.13$51,307
Jul 200309,72129.415.17$50,266
Jun 20031709,95928.565.98$64,440
May 200309,98326.595.97$59,625
Apr 200308,58626.675.41$46,427
Mar 200316710,04831.146.10$66,453
Feb 200309,35233.487.93$74,123
Jan 200316910,15530.315.58$61,808
Dec 200209,74726.914.85$47,310
Nov 2002010,09424.664.14$41,758
Oct 200217410,49126.464.23$48,972
Sep 2002010,40927.443.64$37,839
Aug 2002011,04025.963.16$34,932
Jul 2002012,44024.583.06$38,088
Jun 200217211,55723.733.34$42,662
May 2002010,71624.663.58$38,406
Apr 2002010,53823.653.51$37,013
Mar 200217511,27522.003.10$38,833
Feb 200209,77518.222.38$23,222
Jan 2002010,96117.172.38$26,040
Dec 2001310,99816.932.36$26,054
Nov 200118311,02818.072.41$29,835
Oct 2001311,52319.782.53$29,200
Sep 2001011,16324.262.25$25,131
Aug 200116111,82924.873.05$40,120
Jul 2001011,52223.933.20$36,837
Jun 2001011,54824.563.82$44,161
May 200117312,34625.524.31$57,593
Apr 2001211,54324.685.34$61,635
Mar 200117712,21824.545.38$70,033
Feb 2001011,31427.755.77$65,249
Jan 200117511,88627.478.40$104,635
Dec 2000012,22426.889.12$111,513
Nov 200018511,03232.215.66$68,378
Oct 2000010,57331.235.15$54,403
Sep 2000012,46131.875.19$64,629
Aug 200016513,10929.644.54$64,415
Jul 2000011,43728.534.09$46,774
Jun 2000013,63029.304.40$59,935
May 200016515,85327.263.68$62,833
Apr 2000013,91324.513.12$43,353
Mar 200014314,07328.422.86$44,309
Feb 2000012,13027.622.73$33,072
Jan 200017311,95125.272.48$34,016
Dec 1999012,80724.282.42$31,041
Nov 1999012,48723.192.43$30,393
Oct 199910113,70520.982.80$40,544
Sep 1999012,75521.752.62$33,403
Aug 199917611,37519.262.88$36,100
Jul 1999012,24917.892.37$29,059
Jun 1999011,26415.942.36$26,607
May 199917013,75315.792.32$34,605
Apr 1999012,43015.102.21$27,446
Mar 1999012,21912.471.84$22,463
Feb 1999012,2409.981.82$22,250
Jan 199918114,83210.381.90$30,059
Dec 1998012,9459.201.77$22,956
Nov 199817014,27810.892.19$33,059
Oct 1998015,01312.421.97$29,564
Sep 1998015,53112.592.08$32,345
Aug 199817416,94011.301.91$34,277
Jul 1998014,38911.742.24$32,192
Jun 199816917,33011.242.24$40,671
May 1998015,12812.622.21$33,378
Apr 199817910,06013.042.51$27,538
Mar 1998013,23512.802.31$30,565
Feb 199817312,57113.952.30$31,316
Jan 1998016,52714.702.15$35,612
Dec 199718010,59016.322.41$28,471
Nov 1997011,47118.193.09$35,425
Oct 199717115,22419.253.15$51,245
Sep 1997015,70617.742.95$46,409
Aug 199717816,03617.862.55$44,147
Jul 1997016,32817.582.25$36,688
Jun 199716916,28817.242.26$39,679
May 199718217,76718.972.31$44,468
Apr 1997013,53017.882.08$28,180
Mar 199717011,94318.951.94$26,381
Feb 1997016,47320.492.21$36,338
Jan 199718117,84223.483.54$67,405
Dec 199617017,08723.32$3,964
Nov 199617918,64321.97$3,933
Oct 1996020,40823.31$0
Sep 199617222,73322.22$3,822
Aug 199617818,27420.26$3,606
Jul 1996015,41819.55$0
Jun 199616820,34018.73$3,147
May 199617915,51919.43$3,478
Apr 1996015,48321.51$0
Mar 199617021,43519.38$3,295
Feb 199618017,52216.98$3,056
Jan 199617620,22717.07$3,004
Dec 1995017,37617.19$0
Nov 199518017,16916.00$2,880
Oct 199517115,93215.43$2,639
Sep 199517620,88816.18$2,848
Aug 1995015,62815.92$0
Jul 199517020,26715.24$2,591
Jun 199517819,43016.41$2,921
May 199516421,40917.56$2,880
Apr 1995016,73217.73$0
Mar 199517918,63816.44$2,943
Feb 199517116,68216.58$2,835
Jan 199518120,49915.92$2,882
Dec 199417215,44715.03$2,585
Nov 199417920,21715.90$2,846
Oct 199416816,83515.58$2,617
Sep 199417821,28315.29$2,722
Aug 199416921,08416.13$2,726
Jul 199417722,46417.56$3,108
Jun 199416722,59117.09$2,854
May 199417923,68415.88$2,843
Apr 199417023,11114.14$2,404
Mar 199435223,39112.46$4,386
Feb 199418021,00912.50$2,250
Jan 199417123,75012.66$2,165
Dec 199335024,81212.33$4,316
Nov 199334725,23114.49$5,028
Oct 199318027,50215.85$2,853
Sep 199334925,74615.03$5,245
Aug 199317013,22715.66$2,662
Jul 199317613,06415.46$2,721
Jun 199316616,02216.79$2,787
May 1993015,59517.68$0
Apr 199318015,37718.05$3,249
Mar 199317520,53018.14$3,175
Feb 1993018,06617.90$0
Jan 199318318,36616.93$3,098

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             0 bbl  × $106.41 =         $0
Gas                2,772 Mcf  × $  3.05 =     $8,443

────────────────────────────────────────────────────
Month total                                   $8,443

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. 04/G/121118 is the state's own key, not one this site invented.