MARGO/PENA

Name: MARGO/PENA lease production and value, Jan 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Gas lease lease 200161District 04Field 03945310CondensateGasSave

Value, all time

$2.2 M

Jan 2004 – Dec 2012

Value, last 12 filed months

$99 k

at the published price for each month

Months reported

108

no gaps in the span

Streams

condensate, gas

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.

Stream	Basis	Volume	Value
Condensate	Disposition	7,402 bbl	$524,457
Gas	Production	232,853 Mcf	$1,639,924
Total			$2,164,381

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 26.3535, -98.7778. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.35351, -98.77777 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

4,350 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

1100.0%

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.

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 4,350 ft.

Completions filed

Jan 2004

1 of 1 wells

1 well


42-42733697	4	4,350 ft	Jan 2004	—	Yes

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 (108)

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

108 months


Dec 2012	138	0	86.77	3.42	$11,974
Nov 2012	0	114	86.95	3.62	$413
Oct 2012	181	74	89.38	3.40	$16,429
Sep 2012	181	132	94.67	2.92	$17,521
Aug 2012	178	107	92.66	2.91	$16,805
Jul 2012	166	215	85.13	3.02	$14,781
Jun 2012	0	164	79.82	2.52	$413
May 2012	0	147	91.61	2.49	$366
Apr 2012	0	140	101.65	2.00	$280
Mar 2012	179	129	105.05	2.22	$19,091
Feb 2012	0	145	101.10	2.57	$373
Jan 2012	0	163	98.09	2.73	$446
Dec 2011	0	154	96.87	3.24	$499
Nov 2011	0	137	95.72	3.31	$454
Oct 2011	0	127	84.98	3.65	$463
Sep 2011	0	191	83.62	3.99	$761
Aug 2011	0	565	83.40	4.15	$2,344
Jul 2011	0	622	94.14	4.52	$2,810
Jun 2011	169	642	92.90	4.64	$18,679
May 2011	0	1,015	98.13	4.40	$4,471
Apr 2011	0	818	105.96	4.33	$3,545
Mar 2011	0	968	96.36	4.06	$3,928
Feb 2011	0	810	85.64	4.18	$3,386
Jan 2011	0	414	86.50	4.59	$1,900
Dec 2010	169	6	85.73	4.35	$14,514
Nov 2010	0	217	80.84	3.80	$824
Oct 2010	181	117	78.10	3.51	$14,547
Sep 2010	0	76	72.63	3.98	$302
Aug 2010	0	12	73.68	4.42	$53
Jul 2010	0	9	72.55	4.74	$43
Jun 2010	0	119	70.36	4.91	$584
May 2010	0	9	71.12	4.24	$38
Apr 2010	154	484	81.69	4.12	$14,576
Mar 2010	0	553	78.39	4.39	$2,427
Feb 2010	0	34	73.58	5.44	$185
Jan 2010	0	11	74.36	5.96	$66
Dec 2009	0	8	71.44	5.48	$44
Nov 2009	0	13	74.59	3.75	$49
Oct 2009	0	17	72.54	4.11	$70
Sep 2009	145	33	65.54	3.06	$9,604
Aug 2009	0	65	67.42	3.22	$209
Jul 2009	0	302	61.13	3.46	$1,046
Jun 2009	160	1,307	66.16	3.90	$15,676
May 2009	172	1,673	54.74	3.93	$15,983
Apr 2009	180	2,000	46.77	3.59	$15,594
Mar 2009	0	955	42.14	4.06	$3,876
Feb 2009	147	292	32.81	4.63	$6,176
Jan 2009	0	510	35.86	5.37	$2,739
Dec 2008	0	964	37.10	5.98	$5,762
Nov 2008	180	1,576	55.49	6.86	$20,800
Oct 2008	170	1,596	75.24	6.92	$23,838
Sep 2008	0	401	101.76	7.88	$3,159
Aug 2008	171	472	114.22	8.48	$23,536
Jul 2008	0	1,204	131.08	11.39	$13,713
Jun 2008	175	1,356	131.33	13.03	$40,655
May 2008	0	1,431	123.17	11.57	$16,563
Apr 2008	170	1,416	110.31	10.45	$33,557
Mar 2008	174	1,643	101.90	9.66	$33,609
Feb 2008	0	1,203	92.53	8.77	$10,551
Jan 2008	171	1,555	90.38	8.21	$28,215
Dec 2007	167	1,661	88.33	7.30	$26,880
Nov 2007	0	1,484	91.67	7.29	$10,821
Oct 2007	169	1,294	82.85	6.92	$22,959
Sep 2007	169	1,548	75.84	6.24	$22,483
Aug 2007	0	1,533	69.06	6.39	$9,793
Jul 2007	162	1,681	70.90	6.39	$22,224
Jun 2007	0	1,463	62.00	7.55	$11,043
May 2007	161	2,102	58.74	7.85	$25,950
Apr 2007	163	1,594	59.61	7.81	$22,158
Mar 2007	0	2,400	56.92	7.30	$17,525
Feb 2007	171	2,280	55.10	8.22	$28,155
Jan 2007	183	2,766	50.30	6.73	$27,811
Dec 2006	166	2,579	56.65	6.92	$27,247
Nov 2006	0	2,919	54.20	7.62	$22,235
Oct 2006	181	2,574	54.90	6.01	$25,416
Sep 2006	181	2,907	60.08	5.04	$25,518
Aug 2006	0	1,978	68.71	7.34	$14,518
Jul 2006	0	66	69.37	6.34	$419
Jun 2006	173	326	66.28	6.38	$13,548
May 2006	176	2,595	66.01	6.42	$28,291
Apr 2006	0	2,942	64.39	7.36	$21,655
Mar 2006	181	3,429	56.70	7.08	$34,550
Feb 2006	0	3,643	57.59	7.75	$28,237
Jan 2006	0	3,720	60.59	8.93	$33,232
Dec 2005	146	3,436	54.94	13.42	$54,117
Nov 2005	0	3,320	54.69	10.59	$35,153
Oct 2005	0	5,517	58.34	13.80	$76,111
Sep 2005	0	3,478	61.45	12.08	$42,011
Aug 2005	140	5,708	61.51	9.80	$64,532
Jul 2005	0	6,215	55.69	7.84	$48,748
Jun 2005	0	2,972	52.33	7.38	$21,936
May 2005	180	4,059	45.22	6.65	$35,137
Apr 2005	0	4,543	49.20	7.36	$33,439
Mar 2005	0	6,089	50.37	7.15	$43,566
Feb 2005	0	5,163	45.22	6.31	$32,588
Jan 2005	137	7,712	43.16	6.32	$54,670
Dec 2004	0	7,288	39.86	6.75	$49,202
Nov 2004	174	8,748	45.28	6.33	$63,257
Oct 2004	0	9,676	49.70	6.52	$63,040
Sep 2004	0	10,481	43.24	5.28	$55,381
Aug 2004	166	11,815	42.37	5.55	$72,614
Jul 2004	178	12,513	38.28	6.08	$82,945
Jun 2004	167	14,244	36.10	6.43	$97,661
May 2004	0	8,076	37.48	6.49	$52,450
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	8,684	32.45	5.51	$47,846
Jan 2004	0	0	32.03	6.30	$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.

Dec 2012 — as filed, then multipliedworked

Condensate           138 bbl  × $ 86.77 =    $11,974
Gas                    0 Mcf  × $  3.42 =         $0

────────────────────────────────────────────────────
Month total                                  $11,974

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/200161 is the state's own key, not one this site invented.