MARGO/PENA

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

Gas lease lease 179853District 04Field 039452502 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Oct 2000 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
308
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1987-02-07
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: AOF-1 AND AOF-2 EFFECTIVE 02/01/2001.

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 Gas112003-12-10153238
NGPA2none

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
CondensateDisposition18,737 bbl$778,276
GasProduction1,095,623 Mcf$5,502,372
Total$6,280,649

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 26.3541, -98.7773. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.35414, -98.77735 · 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
6,000 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 6,000 ft.

Completions filed
Nov 2000
1 of 1 wells

1 well

42-4273324936,000 ftNov 2000

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 (308)

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

308 months

May 20260264106.413.05$804
Apr 2026025098.932.87$717
Mar 2026660189.753.15$2,431
Feb 2026050263.503.75$1,883
Jan 2026058659.138.00$4,687
Dec 2025052156.664.41$2,299
Nov 2025054958.593.93$2,156
Oct 2025068759.383.30$2,270
Sep 2025064662.743.08$1,988
Aug 2025080163.933.01$2,415
Jul 202501,27066.743.32$4,210
Jun 2025411,23566.483.13$6,590
May 2025097860.553.23$3,161
Apr 2025097862.363.54$3,465
Mar 202501,12167.704.27$4,785
Feb 2025088670.884.34$3,846
Jan 202501,06674.324.28$4,561
Dec 202401,04468.993.12$3,259
Nov 202401,05869.052.20$2,326
Oct 202401,11971.372.28$2,553
Sep 202401,02169.612.36$2,414
Aug 202401,16375.632.06$2,400
Jul 202401,16079.932.15$2,490
Jun 202401,09878.082.63$2,892
May 202401,06078.812.20$2,330
Apr 2024083284.451.66$1,380
Mar 2024071980.301.55$1,111
Feb 202401,01276.091.78$1,805
Jan 2024094373.023.30$3,110
Dec 2023089071.262.61$2,324
Nov 202301,04177.892.81$2,923
Oct 2023096885.443.09$2,988
Sep 2023089889.042.74$2,456
Aug 2023095880.522.67$2,561
Jul 2023060374.852.64$1,593
Jun 20230068.962.26$0
May 2023096170.622.23$2,141
Apr 2023099178.122.24$2,218
Mar 202301,01072.852.39$2,417
Feb 2023098075.112.47$2,416
Jan 202301,13376.533.39$3,838
Dec 202201,06476.415.73$6,096
Nov 2022091685.005.65$5,172
Oct 2022691,01487.185.86$11,961
Sep 2022096184.888.16$7,845
Aug 202201,17394.529.13$10,706
Jul 20220994101.587.54$7,497
Jun 20220797115.097.98$6,358
May 202201,132109.378.43$9,546
Apr 202201,277104.226.84$8,732
Mar 202201,250108.885.08$6,346
Feb 202201,18291.054.86$5,743
Jan 202201,01181.844.54$4,588
Dec 2021061271.323.90$2,386
Nov 202101,48777.435.24$7,787
Oct 2021094579.795.71$5,400
Sep 202101,60469.865.35$8,583
Aug 202101,82366.024.22$7,694
Jul 2021071370.783.98$2,839
Jun 2021012269.493.38$412
May 202101,59163.483.02$4,801
Apr 202101,74560.362.76$4,813
Mar 2021087361.302.72$2,372
Feb 2021067957.805.55$3,767
Jan 202101,06650.412.81$2,996
Dec 202001,40744.642.68$3,764
Nov 202001,63738.772.71$4,431
Oct 202001,79036.972.48$4,436
Sep 202001,59637.091.99$3,178
Aug 20201692,06639.982.39$11,684
Jul 202002,13538.371.83$3,897
Jun 202001,88934.901.69$3,193
May 202002,24916.921.81$4,081
Apr 202002,20214.751.80$3,973
Mar 202002,29230.341.86$4,254
Feb 202001,85749.881.98$3,678
Jan 202001,96957.252.09$4,125
Dec 201902,20159.012.30$5,072
Nov 201901,84055.302.75$5,061
Oct 201902,34153.472.42$5,662
Sep 201902,20055.052.66$5,846
Aug 201902,06853.112.30$4,765
Jul 201902,25556.272.46$5,547
Jun 201902,41952.782.49$6,026
May 20191602,45358.482.74$16,079
Apr 201902,30362.632.75$6,335
Mar 201902,36256.803.06$7,233
Feb 201901,76650.852.79$4,931
Jan 201902,52846.033.23$8,161
Dec 201801,93946.594.19$8,116
Nov 201801,86152.934.24$7,886
Oct 201801,29261.443.40$4,390
Sep 201801,59559.543.11$4,957
Aug 201801,03259.403.07$3,165
Jul 201801,87665.142.93$5,500
Jun 201801,90160.183.08$5,849
May 201801,73965.382.90$5,044
Apr 201801,89863.842.90$5,506
Mar 20181652,28961.222.79$16,480
Feb 201801,74161.782.77$4,816
Jan 201801,68362.874.01$6,748
Dec 201701,93457.272.92$5,650
Nov 201702,11655.423.12$6,598
Oct 201702,20649.292.98$6,582
Sep 201701,63347.523.09$5,042
Aug 201702,43245.373.00$7,307
Jul 201702,38343.873.09$7,357
Jun 201701,68642.493.09$5,205
May 201701,70545.373.26$5,564
Apr 201701,96247.933.21$6,301
Mar 201702,44046.772.98$7,280
Feb 201701,83050.452.95$5,403
Jan 20171681,72849.413.42$14,209
Dec 201602,16048.763.72$8,041
Nov 201602,14842.492.64$5,680
Oct 201602,21446.193.09$6,842
Sep 20161701,82141.553.10$12,710
Aug 201601,12441.442.92$3,287
Jul 201601,87241.622.92$5,474
Jun 201602,26145.352.69$6,073
May 201601,80742.521.99$3,598
Apr 20161712,20136.561.99$10,634
Mar 201602,35133.011.79$4,218
Feb 201602,43626.472.06$5,027
Jan 201602,36827.352.36$5,599
Dec 20151572,42232.362.00$9,928
Nov 201501,95938.792.17$4,246
Oct 201502,62043.552.43$6,358
Sep 201501,93742.992.76$5,343
Aug 201502,72740.162.87$7,833
Jul 201501,87848.152.95$5,531
Jun 201502,17556.152.88$6,270
May 201502,32455.212.96$6,868
Apr 201502,18349.822.71$5,908
Mar 201502,67142.892.93$7,839
Feb 201502,07344.662.98$6,170
Jan 201502,28543.433.10$7,085
Dec 201402,18754.693.59$7,854
Nov 201402,63070.464.25$11,182
Oct 20141702,59578.303.90$23,434
Sep 201401,97186.164.05$7,974
Aug 201401,77089.394.04$7,142
Jul 201402,11496.564.18$8,836
Jun 201401,92998.164.74$9,137
May 201402,48194.734.73$11,727
Apr 201402,04495.944.81$9,830
Mar 201402,58295.895.06$13,057
Feb 201402,12497.406.19$13,152
Jan 201402,06290.404.86$10,023
Dec 201302,30491.824.35$10,033
Nov 201302,50888.853.74$9,376
Oct 201302,79997.423.78$10,578
Sep 20131622,758104.113.72$27,119
Aug 201302,839104.253.52$10,001
Jul 201302,314102.523.72$8,603
Jun 201302,53994.403.93$9,987
May 201302,64094.834.15$10,954
Apr 201302,42293.964.28$10,372
Mar 201302,54893.623.91$9,970
Feb 201302,12791.233.42$7,274
Jan 20131601,96491.603.42$21,373
Dec 201202,29386.773.42$7,842
Nov 201202,87086.953.62$10,404
Oct 201201,69789.383.40$5,769
Sep 20121542,32494.672.92$21,362
Aug 201202,48592.662.91$7,227
Jul 201202,24785.133.02$6,788
Jun 201202,15679.822.52$5,431
May 201202,51491.612.49$6,256
Apr 201202,845101.652.00$5,681
Mar 20121692,679105.052.22$23,706
Feb 201203,249101.102.57$8,351
Jan 201202,95298.092.73$8,071
Dec 201102,91896.873.24$9,454
Nov 201102,72895.723.31$9,033
Oct 201102,70084.983.65$9,851
Sep 201102,53083.623.99$10,084
Aug 20111612,73883.404.15$24,788
Jul 201102,81294.144.52$12,702
Jun 201103,67392.904.64$17,042
May 201103,02598.134.40$13,325
Apr 201102,979105.964.33$12,909
Mar 201102,52596.364.06$10,245
Feb 201102,39085.644.18$9,990
Jan 201102,85686.504.59$13,106
Dec 201002,79585.734.35$12,152
Nov 20101702,92080.843.80$24,825
Oct 201003,01278.103.51$10,569
Sep 201003,65072.633.98$14,525
Aug 201001,80473.684.42$7,973
Jul 201001,06872.554.74$5,059
Jun 201002,57770.364.91$12,654
May 201001,80371.124.24$7,636
Apr 201002,80481.694.12$11,560
Mar 20101683,40778.394.39$28,122
Feb 201002,98573.585.44$16,245
Jan 201002,58174.365.96$15,393
Dec 200902,99571.445.48$16,424
Nov 200903,05674.593.75$11,465
Oct 200903,88272.544.11$15,956
Sep 20091611,79165.543.06$16,041
Aug 200903,78867.423.22$12,192
Jul 200902,85661.133.46$9,895
Jun 200903,29166.163.90$12,818
May 200903,63554.743.93$14,270
Apr 200903,45846.773.59$12,406
Mar 200903,01342.144.06$12,230
Feb 20091553,79132.814.63$22,649
Jan 200903,08835.865.37$16,586
Dec 200803,25537.105.98$19,456
Nov 200803,17755.496.86$21,795
Oct 200804,05175.246.92$28,041
Sep 20081623,629101.767.88$45,071
Aug 200803,415114.228.48$28,970
Jul 200803,289131.0811.39$37,460
Jun 200804,111131.3313.03$53,577
May 20081693,185123.1711.57$57,680
Apr 200803,778110.3110.45$39,498
Mar 20081604,400101.909.66$58,826
Feb 200814,29892.538.77$37,788
Jan 200804,73490.388.21$38,846
Dec 20071644,01888.337.30$43,825
Nov 200703,61691.677.29$26,367
Oct 20071673,80482.856.92$40,167
Sep 200713,53075.846.24$22,118
Aug 200703,91669.066.39$25,015
Jul 20071653,35170.906.39$33,104
Jun 200702,94162.007.55$22,200
May 20071624,63258.747.85$45,860
Apr 200703,64959.617.81$28,481
Mar 20071714,16756.927.30$40,161
Feb 200703,72155.108.22$30,572
Jan 20071714,66450.306.73$39,975
Dec 200604,61656.656.92$31,936
Nov 200605,00654.207.62$38,133
Oct 20061355,04654.906.01$37,757
Sep 20061645,40260.085.04$37,064
Aug 20061645,89468.717.34$54,530
Jul 200605,31669.376.34$33,718
Jun 2006054566.286.38$3,479
May 20061674,59066.016.42$40,514
Apr 200604,69164.397.36$34,528
Mar 20061755,12756.707.08$46,237
Feb 20061724,98357.597.75$48,529
Jan 200604,18160.598.93$37,350
Dec 20051734,20354.9413.42$65,890
Nov 20051723,72554.6910.59$48,848
Oct 200505,51358.3413.80$76,056
Sep 20051694,02561.4512.08$59,003
Aug 20051705,19961.519.80$61,390
Jul 200505,21955.697.84$40,936
Jun 20051693,04152.337.38$31,290
May 20051682,99745.226.65$27,530
Apr 200504,48549.207.36$33,012
Mar 20051703,50850.377.15$33,662
Feb 200503,09345.226.31$19,523
Jan 20051734,25343.166.32$34,355
Dec 20041724,49339.866.75$37,189
Nov 20041713,75245.286.33$31,495
Oct 20041715,14749.706.52$42,032
Sep 200404,10143.245.28$21,669
Aug 20041704,90242.375.55$34,412
Jul 200403,94238.286.08$23,984
Jun 20041702,01836.106.43$19,119
May 20041702,83937.486.49$24,810
Apr 20041673,89434.475.86$28,569
Mar 20041623,82734.365.53$26,730
Feb 20041723,98232.455.51$27,521
Jan 200405,89332.036.30$37,124
Dec 20031825,39630.266.30$39,511
Nov 20031706,27528.804.60$33,731
Oct 20031786,56428.174.76$36,257
Sep 20031716,25226.314.75$34,192
Aug 20031797,08129.765.13$41,651
Jul 20031916,55129.415.17$39,491
Jun 20031746,98828.565.98$46,778
May 20031697,29726.595.97$48,076
Apr 20031776,43626.675.41$39,522
Mar 20031717,44231.146.10$50,692
Feb 20031796,44033.487.93$57,036
Jan 20033517,66730.315.58$53,436
Dec 20021717,72326.914.85$42,087
Nov 20021827,71924.664.14$36,421
Oct 20021708,41426.464.23$40,082
Sep 20021798,37927.443.64$35,371
Aug 20021698,19925.963.16$30,330
Jul 20021779,03324.583.06$32,008
Jun 20023448,80023.733.34$37,540
May 20021698,84724.663.58$35,875
Apr 20021809,31023.653.51$36,957
Mar 200216810,81122.003.10$37,240
Feb 20021759,91318.222.38$26,739
Jan 200252012,41317.172.38$38,418
Dec 200118111,56416.932.36$30,406
Nov 200117110,87518.072.41$29,250
Oct 200134812,13819.782.53$37,579
Sep 200118012,76324.262.25$33,100
Aug 200116914,13924.873.05$47,372
Jul 200135014,73323.933.20$55,478
Jun 200117715,81224.563.82$64,815
May 200134818,55825.524.31$88,816
Apr 200134619,04124.685.34$110,129
Mar 200152021,70424.545.38$129,451
Feb 200153423,81727.755.77$152,173
Jan 200152232,87527.478.40$290,449
Dec 20001,04235,47526.889.12$351,630
Nov 20001779,98032.215.66$62,168
Oct 20005118,55731.235.15$59,989

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                  264 Mcf  × $  3.05 =       $804

────────────────────────────────────────────────────
Month total                                     $804

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/179853 is the state's own key, not one this site invented.