MARGO "A"

Operated by STARR OPERATING, LLC (P-5 815855) in the MARGO (C- 2200) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 199169District 04Field 57408664GasSaveExport
Value, all time
$636 k
Nov 2003 – Oct 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
180
no gaps in the span
Streams
1
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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1953-12-12
as the register files it
Field class
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 EFFECTIVE 04/01/2004.

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
GasProduction103,986 Mcf$636,476
Total$636,476

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 26.5532, -99.0037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.55319, -99.00368 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
3,035 ft
1 wells filed one
Completion to plug
14.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 3,035 ft.

Completions filed
Nov 2003
1 of 1 wells
Plug dates filed
Oct 2018
1 of 1 wells

Last completion to plug: a median of 14.9 years across the 1 well that filed both dates, with the middle half between 14.9 years and 14.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-427336646AC3,035 ftNov 2003Oct 2018Yes

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 (180)

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

180 months

Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 20152143.552.43$51
Sep 201520642.992.76$568
Aug 201521340.162.87$612
Jul 201521348.152.95$627
Jun 201520656.152.88$594
May 201521355.212.96$630
Apr 201520649.822.71$558
Mar 201520142.892.93$590
Feb 201525144.662.98$747
Jan 201539843.433.10$1,234
Dec 201431454.693.59$1,128
Nov 201419970.464.25$846
Oct 201442778.303.90$1,666
Sep 201440186.164.05$1,622
Aug 201453589.394.04$2,159
Jul 201456496.564.18$2,357
Jun 201443498.164.74$2,056
May 201433694.734.73$1,588
Apr 201436395.944.81$1,746
Mar 201436395.895.06$1,836
Feb 201436097.406.19$2,229
Jan 201446190.404.86$2,241
Dec 201352991.824.35$2,304
Nov 201357388.853.74$2,142
Oct 201369397.423.78$2,619
Sep 2013620104.113.72$2,305
Aug 2013778104.253.52$2,741
Jul 2013590102.523.72$2,193
Jun 201350694.403.93$1,990
May 201355194.834.15$2,286
Apr 201349493.964.28$2,116
Mar 201362593.623.91$2,446
Feb 201344991.233.42$1,536
Jan 201354991.603.42$1,878
Dec 201250986.773.42$1,741
Nov 201264486.953.62$2,334
Oct 201264789.383.40$2,200
Sep 2012094.672.92$0
Aug 201269992.662.91$2,033
Jul 201240685.133.02$1,226
Jun 201234979.822.52$879
May 201245891.612.49$1,140
Apr 2012549101.652.00$1,096
Mar 2012458105.052.22$1,018
Feb 2012560101.102.57$1,439
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 201128798.134.40$1,264
Apr 2011535105.964.33$2,318
Mar 201150996.364.06$2,065
Feb 201149085.644.18$2,048
Jan 201161586.504.59$2,822
Dec 201060085.734.35$2,609
Nov 201055980.843.80$2,122
Oct 201053278.103.51$1,867
Sep 201050472.633.98$2,006
Aug 201059573.684.42$2,630
Jul 201054172.554.74$2,562
Jun 201056770.364.91$2,784
May 201051871.124.24$2,194
Apr 201062481.694.12$2,573
Mar 201057778.394.39$2,532
Feb 201058073.585.44$3,157
Jan 201059174.365.96$3,525
Dec 200979671.445.48$4,365
Nov 200996474.593.75$3,616
Oct 200959472.544.11$2,441
Sep 200961865.543.06$1,894
Aug 200975967.423.22$2,443
Jul 200997661.133.46$3,381
Jun 200975266.163.90$2,929
May 200981854.743.93$3,211
Apr 200978446.773.59$2,813
Mar 200982142.144.06$3,332
Feb 200971832.814.63$3,326
Jan 200991335.865.37$4,904
Dec 200889937.105.98$5,373
Nov 200891055.496.86$6,243
Oct 200896875.246.92$6,700
Sep 2008971101.767.88$7,649
Aug 20081,004114.228.48$8,517
Jul 20081,131131.0811.39$12,881
Jun 2008995131.3313.03$12,967
May 20081,004123.1711.57$11,621
Apr 2008984110.3110.45$10,288
Mar 20081,138101.909.66$10,998
Feb 20081,06592.538.77$9,341
Jan 20081,13890.388.21$9,338
Dec 20071,10488.337.30$8,061
Nov 200797191.677.29$7,080
Oct 200799082.856.92$6,853
Sep 20071,01175.846.24$6,313
Aug 20071,13869.066.39$7,269
Jul 20071,14770.906.39$7,327
Jun 20071,18762.007.55$8,960
May 20071,36958.747.85$10,742
Apr 20071,19959.617.81$9,358
Mar 200775956.927.30$5,542
Feb 200768555.108.22$5,628
Jan 200779350.306.73$5,334
Dec 200687656.656.92$6,061
Nov 200684854.207.62$6,460
Oct 200687654.906.01$5,268
Sep 200682060.085.04$4,131
Aug 200687668.717.34$6,430
Jul 200687669.376.34$5,556
Jun 200684666.286.38$5,401
May 200680566.016.42$5,172
Apr 200677964.397.36$5,734
Mar 200680556.707.08$5,702
Feb 200672757.597.75$5,635
Jan 200680560.598.93$7,191
Dec 200573554.9413.42$9,860
Nov 200570854.6910.59$7,497
Oct 200574958.3413.80$10,333
Sep 200572461.4512.08$8,745
Aug 200574961.519.80$7,338
Jul 200574955.697.84$5,875
Jun 200568752.337.38$5,071
May 200574945.226.65$4,982
Apr 200571849.207.36$5,285
Mar 200574250.377.15$5,309
Feb 200578045.226.31$4,923
Jan 200594643.166.32$5,981
Dec 20041,32339.866.75$8,932
Nov 20041,32345.286.33$8,375
Oct 20041,36749.706.52$8,906
Sep 20041,32343.245.28$6,991
Aug 20041,36742.375.55$7,588
Jul 20041,35638.286.08$8,250
Jun 20041,52736.106.43$9,823
May 20041,59037.486.49$10,326
Apr 20041,68634.475.86$9,877
Mar 20041,87234.365.53$10,352
Feb 20042,35232.455.51$12,959
Jan 20042,87332.036.30$18,099
Dec 20032,63430.266.30$16,599
Nov 2003028.804.60$0

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.

Oct 2015 — as filed, then multipliedworked
Gas                   21 Mcf  × $  2.43 =        $51

────────────────────────────────────────────────────
Month total                                      $51

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/199169 is the state's own key, not one this site invented.