MARGO R.E. ESTATE

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

Gas lease lease 221286District 04Field 03943650CondensateGasSaveExport
Value, all time
$1.6 M
Apr 2006 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
242
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 18 leases and 26 wells, and the rule below applies to all of them.

Discovered
1976-02-24
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 04/01/2002.

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
CondensateDisposition6,499 bbl$462,859
GasProduction246,218 Mcf$1,126,886
Total$1,589,745

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 26.5500, -98.9932. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.55005, -98.99321 · 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
4,600 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 4,600 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-4273393984,600 ftApr 2006

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 (242)

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

242 months

May 20260174106.413.05$530
Apr 2026016898.932.87$482
Mar 202618517489.753.15$17,152
Feb 2026015763.503.75$589
Jan 2026017459.138.00$1,392
Dec 202518417456.664.41$11,193
Nov 2025016858.593.93$660
Oct 2025031059.383.30$1,025
Sep 202518030062.743.08$12,216
Aug 2025031063.933.01$935
Jul 202518731066.743.32$13,508
Jun 2025030066.483.13$939
May 2025024060.553.23$776
Apr 202518427062.363.54$12,431
Mar 2025031067.704.27$1,323
Feb 202518528070.884.34$14,328
Jan 2025031074.324.28$1,326
Dec 2024031068.993.12$968
Nov 202418230069.052.20$13,227
Oct 2024031071.372.28$707
Sep 2024030069.612.36$709
Aug 202418231075.632.06$14,404
Jul 2024031079.932.15$665
Jun 202418230078.082.63$15,001
May 2024031078.812.20$682
Apr 2024030084.451.66$498
Mar 202417831080.301.55$14,772
Feb 2024029076.091.78$517
Jan 202418231073.023.30$14,312
Dec 2023031071.262.61$809
Nov 2023030077.892.81$842
Oct 202317531085.443.09$15,909
Sep 202318330089.042.74$17,115
Aug 2023031080.522.67$829
Jul 2023031074.852.64$819
Jun 202318230068.962.26$13,228
May 202318331070.622.23$13,614
Apr 202318330078.122.24$14,967
Mar 2023031072.852.39$742
Feb 202318128075.112.47$14,285
Jan 2023031076.533.39$1,050
Dec 202218331076.415.73$15,759
Nov 2022030085.005.65$1,694
Oct 2022031087.185.86$1,818
Sep 202218230084.888.16$17,897
Aug 2022031094.529.13$2,829
Jul 2022176310101.587.54$20,216
Jun 20220300115.097.98$2,393
May 2022181286109.378.43$22,208
Apr 20220300104.226.84$2,051
Mar 2022183310108.885.08$21,499
Feb 202218228091.054.86$17,932
Jan 2022031081.844.54$1,407
Dec 202118031071.323.90$14,046
Nov 202118130077.435.24$15,586
Oct 202108679.795.71$491
Sep 202117247469.865.35$14,552
Aug 2021049066.024.22$2,068
Jul 202116249070.783.98$13,418
Jun 202118147469.493.38$14,180
May 2021049063.483.02$1,479
Apr 202118247460.362.76$12,293
Mar 202118349061.302.72$12,549
Feb 2021039457.805.55$2,186
Jan 202118349050.412.81$10,602
Dec 202018040844.642.68$9,127
Nov 2020112138.772.71$366
Oct 202018215936.972.48$7,123
Sep 202017836737.091.99$7,333
Aug 2020037939.982.39$904
Jul 202018230938.371.83$7,547
Jun 202016634.901.69$146
May 20200016.921.81$0
Apr 20200914.751.80$16
Mar 202006630.341.86$123
Feb 20200049.881.98$0
Jan 2020099157.252.09$2,076
Dec 201901,11259.012.30$2,562
Nov 201901,13855.302.75$3,130
Oct 201901,22553.472.42$2,963
Sep 201901,15555.052.66$3,069
Aug 201901,23453.112.30$2,844
Jul 201901,24656.272.46$3,065
Jun 201901,20052.782.49$2,989
May 201901,22358.482.74$3,351
Apr 201901,23262.632.75$3,389
Mar 201901,27356.803.06$3,898
Feb 201901,12250.852.79$3,133
Jan 201901,24846.033.23$4,029
Dec 201801,25746.594.19$5,261
Nov 201801,26052.934.24$5,339
Oct 201801,34461.443.40$4,567
Sep 201801,34259.543.11$4,171
Aug 2018091159.403.07$2,794
Jul 201801,18465.142.93$3,471
Jun 201801,10360.183.08$3,394
May 201801,13965.382.90$3,304
Apr 201801,10663.842.90$3,208
Mar 201801,16661.222.79$3,249
Feb 201801,18161.782.77$3,267
Jan 2018095662.874.01$3,833
Dec 2017083357.272.92$2,434
Nov 2017082155.423.12$2,560
Oct 2017084849.292.98$2,530
Sep 2017082147.523.09$2,535
Aug 2017089045.373.00$2,674
Jul 201701,00443.873.09$3,100
Jun 201701,04942.493.09$3,239
May 201701,12245.373.26$3,662
Apr 201701,12247.933.21$3,603
Mar 201701,15946.772.98$3,458
Feb 20171651,04750.452.95$11,416
Jan 201701,19549.413.42$4,085
Dec 201601,19548.763.72$4,449
Nov 201601,13442.492.64$2,999
Oct 201601,19546.193.09$3,693
Sep 201601,19041.553.10$3,690
Aug 201601,22941.442.92$3,594
Jul 201601,22941.622.92$3,594
Jun 201601,19045.352.69$3,196
May 201601,21542.521.99$2,419
Apr 201601,19436.561.99$2,377
Mar 201601,29933.011.79$2,330
Feb 201601,32426.472.06$2,732
Jan 201601,39927.352.36$3,308
Dec 201501,42332.362.00$2,848
Nov 201501,40838.792.17$3,052
Oct 201511,45143.552.43$3,565
Sep 201501,40242.992.76$3,867
Aug 201501,45540.162.87$4,179
Jul 201501,35348.152.95$3,985
Jun 201501,28356.152.88$3,699
May 201501,33055.212.96$3,931
Apr 201501,29449.822.71$3,502
Mar 201501,35042.892.93$3,962
Feb 201501,18544.662.98$3,527
Jan 201501,38543.433.10$4,294
Dec 201401,41154.693.59$5,067
Nov 201401,27970.464.25$5,438
Oct 201401,37678.303.90$5,368
Sep 201401,32886.164.05$5,372
Aug 201401,41089.394.04$5,690
Jul 201401,45996.564.18$6,098
Jun 201401,36098.164.74$6,442
May 201401,38094.734.73$6,523
Apr 201401,37895.944.81$6,627
Mar 201401,42195.895.06$7,186
Feb 201401,29297.406.19$8,000
Jan 201401,45490.404.86$7,067
Dec 201301,49891.824.35$6,523
Nov 201301,47188.853.74$5,499
Oct 201301,48497.423.78$5,609
Sep 201301,445104.113.72$5,372
Aug 201301,530104.253.52$5,390
Jul 201301,457102.523.72$5,417
Jun 201301,44594.403.93$5,684
May 201301,48994.834.15$6,178
Apr 201301,43093.964.28$6,124
Mar 201301,51493.623.91$5,924
Feb 201301,36491.233.42$4,665
Jan 201301,39391.603.42$4,764
Dec 201201,46186.773.42$4,997
Nov 201201,39386.953.62$5,050
Oct 201201,43789.383.40$4,885
Sep 201201,40294.672.92$4,092
Aug 201201,26892.662.91$3,688
Jul 2012066985.133.02$2,021
Jun 201201,15779.822.52$2,915
May 201201,47291.612.49$3,663
Apr 201201,432101.652.00$2,859
Mar 201201,487105.052.22$3,304
Feb 201201,352101.102.57$3,475
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011058598.134.40$2,577
Apr 201101,246105.964.33$5,399
Mar 201101,31996.364.06$5,352
Feb 201101,13285.644.18$4,732
Jan 201101,31586.504.59$6,034
Dec 201001,26485.734.35$5,496
Nov 201001,31680.843.80$4,995
Oct 201001,35678.103.51$4,758
Sep 201001,32572.633.98$5,273
Aug 201001,41873.684.42$6,267
Jul 201001,45172.554.74$6,873
Jun 201001,43870.364.91$7,061
May 201001,33371.124.24$5,646
Apr 201001,37281.694.12$5,656
Mar 201001,36678.394.39$5,995
Feb 201001,24473.585.44$6,770
Jan 201001,36774.365.96$8,153
Dec 200901,39171.445.48$7,628
Nov 200901,36074.593.75$5,102
Oct 2009082072.544.11$3,370
Sep 200901,27365.543.06$3,901
Aug 200901,47467.423.22$4,744
Jul 200901,52361.133.46$5,276
Jun 200901,52866.163.90$5,952
May 200901,80054.743.93$7,066
Apr 200901,68546.773.59$6,045
Mar 200901,83842.144.06$7,460
Feb 200901,66532.814.63$7,714
Jan 200901,88235.865.37$10,108
Dec 200801,81037.105.98$10,819
Nov 200801,81255.496.86$12,431
Oct 200801,88575.246.92$13,048
Sep 200801,847101.767.88$14,549
Aug 200801,916114.228.48$16,253
Jul 200801,838131.0811.39$20,934
Jun 200801,787131.3313.03$23,289
May 200801,916123.1711.57$22,176
Apr 200801,854110.3110.45$19,383
Mar 200801,930101.909.66$18,652
Feb 200801,79292.538.77$15,717
Jan 200801,91690.388.21$15,722
Dec 200701,91688.337.30$13,991
Nov 200701,85491.677.29$13,519
Oct 200701,89082.856.92$13,083
Sep 200701,85475.846.24$11,577
Aug 200701,91669.066.39$12,239
Jul 200701,60070.906.39$10,221
Jun 200701,91362.007.55$14,440
May 200702,25958.747.85$17,725
Apr 200702,23859.617.81$17,468
Mar 200702,14156.927.30$15,634
Feb 200702,04855.108.22$16,826
Jan 200702,32350.306.73$15,626
Dec 200602,24156.656.92$15,504
Nov 200602,00954.207.62$15,304
Oct 200602,52354.906.01$15,173
Sep 200602,62460.085.04$13,218
Aug 200602,81468.717.34$20,655
Jul 200602,81469.376.34$17,849
Jun 200601,97266.286.38$12,589
May 20060066.016.42$0
Apr 20060064.397.36$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  174 Mcf  × $  3.05 =       $530

────────────────────────────────────────────────────
Month total                                     $530

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/221286 is the state's own key, not one this site invented.