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 224235District 04Field 03943650CondensateGasSaveExport
Value, all time
$987 k
Oct 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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
CondensateDisposition173 bbl$13,809
GasProduction207,805 Mcf$972,758
Total$986,566

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 26.5622, -98.9995. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
4,986 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 4,986 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-42734022104,986 ftOct 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 (236)

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

236 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240278.082.63$5
May 202401478.812.20$31
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023015368.962.26$346
May 2023035470.622.23$789
Apr 2023034378.122.24$768
Mar 2023035472.852.39$847
Feb 2023032075.112.47$789
Jan 2023035476.533.39$1,199
Dec 2022035476.415.73$2,028
Nov 2022034585.005.65$1,948
Oct 2022035687.185.86$2,088
Sep 2022035384.888.16$2,882
Aug 2022038394.529.13$3,496
Jul 20220383101.587.54$2,889
Jun 20220390115.097.98$3,111
May 20220452109.378.43$3,812
Apr 20220474104.226.84$3,241
Mar 20220490108.885.08$2,487
Feb 2022044291.054.86$2,148
Jan 2022049081.844.54$2,223
Dec 2021049071.323.90$1,911
Nov 2021047477.435.24$2,482
Oct 202109579.795.71$543
Sep 2021046169.865.35$2,467
Aug 2021047166.024.22$1,988
Jul 2021047370.783.98$1,884
Jun 2021046669.493.38$1,575
May 2021047163.483.02$1,421
Apr 2021046360.362.76$1,277
Mar 2021047961.302.72$1,301
Feb 2021038457.805.55$2,130
Jan 2021042450.412.81$1,192
Dec 2020042444.642.68$1,134
Nov 2020020538.772.71$555
Oct 2020020536.972.48$508
Sep 2020047437.091.99$944
Aug 2020049039.982.39$1,169
Jul 2020049038.371.83$894
Jun 2020047434.901.69$801
May 2020049016.921.81$889
Apr 2020047414.751.80$855
Mar 2020049030.341.86$910
Feb 2020045849.881.98$907
Jan 2020049257.252.09$1,031
Dec 2019060059.012.30$1,383
Nov 2019058155.302.75$1,598
Oct 2019060053.472.42$1,451
Sep 2019058155.052.66$1,544
Aug 2019060053.112.30$1,383
Jul 2019060056.272.46$1,476
Jun 2019058152.782.49$1,447
May 2019060058.482.74$1,644
Apr 2019058162.632.75$1,598
Mar 2019060056.803.06$1,837
Feb 2019054250.852.79$1,513
Jan 2019060046.033.23$1,937
Dec 2018060046.594.19$2,511
Nov 2018058152.934.24$2,462
Oct 2018060061.443.40$2,039
Sep 2018058159.543.11$1,806
Aug 2018040859.403.07$1,251
Jul 2018056165.142.93$1,645
Jun 2018058160.183.08$1,788
May 2018060065.382.90$1,740
Apr 2018062763.842.90$1,819
Mar 2018064861.222.79$1,806
Feb 2018058561.782.77$1,618
Jan 2018064862.874.01$2,598
Dec 2017064857.272.92$1,893
Nov 2017062755.423.12$1,955
Oct 2017064849.292.98$1,933
Sep 2017068747.523.09$2,121
Aug 2017071045.373.00$2,133
Jul 2017082043.873.09$2,532
Jun 2017079342.493.09$2,448
May 2017082045.373.26$2,676
Apr 2017079347.933.21$2,547
Mar 2017082046.772.98$2,447
Feb 2017074050.452.95$2,185
Jan 2017082049.413.42$2,803
Dec 2016082048.763.72$3,053
Nov 2016079342.492.64$2,097
Oct 2016082046.193.09$2,534
Sep 2016079341.553.10$2,459
Aug 2016086941.442.92$2,541
Jul 2016086941.622.92$2,541
Jun 2016084145.352.69$2,259
May 2016091642.521.99$1,824
Apr 2016093036.561.99$1,852
Mar 2016096133.011.79$1,724
Feb 2016090626.472.06$1,870
Jan 2016097427.352.36$2,303
Dec 2015098032.362.00$1,961
Nov 2015097138.792.17$2,104
Oct 201501,06943.552.43$2,594
Sep 201501,07742.992.76$2,971
Aug 201501,11540.162.87$3,203
Jul 201501,03848.152.95$3,057
Jun 201501,00456.152.88$2,894
May 201501,06555.212.96$3,148
Apr 201501,06149.822.71$2,872
Mar 201501,10842.892.93$3,252
Feb 2015096844.662.98$2,881
Jan 201501,10043.433.10$3,411
Dec 201401,13154.693.59$4,062
Nov 201401,03970.464.25$4,418
Oct 201401,12078.303.90$4,369
Sep 201401,08586.164.05$4,389
Aug 201401,04289.394.04$4,205
Jul 201401,06996.564.18$4,468
Jun 201401,08598.164.74$5,140
May 201401,17794.734.73$5,563
Apr 201401,10895.944.81$5,329
Mar 201401,12495.895.06$5,684
Feb 201401,06497.406.19$6,588
Jan 201401,17590.404.86$5,711
Dec 201301,28491.824.35$5,591
Nov 201301,23988.853.74$4,632
Oct 201301,28697.423.78$4,860
Sep 201301,265104.113.72$4,703
Aug 201301,283104.253.52$4,520
Jul 201301,218102.523.72$4,528
Jun 201301,27894.403.93$5,027
May 201301,33994.834.15$5,556
Apr 201301,30493.964.28$5,585
Mar 201301,38593.623.91$5,419
Feb 201301,25591.233.42$4,292
Jan 201301,38091.603.42$4,719
Dec 201201,47386.773.42$5,038
Nov 201201,44986.953.62$5,253
Oct 201201,47989.383.40$5,028
Sep 201201,52794.672.92$4,456
Aug 201201,36492.662.91$3,967
Jul 2012058285.133.02$1,758
Jun 20121731,36979.822.52$17,257
May 201201,82391.612.49$4,536
Apr 201201,770101.652.00$3,534
Mar 201201,834105.052.22$4,075
Feb 201201,858101.102.57$4,776
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 2011086298.134.40$3,797
Apr 201101,821105.964.33$7,891
Mar 201101,93696.364.06$7,855
Feb 201101,73085.644.18$7,231
Jan 201101,92486.504.59$8,829
Dec 201001,79485.734.35$7,800
Nov 201001,82880.843.80$6,938
Oct 201001,93778.103.51$6,797
Sep 201001,89772.633.98$7,549
Aug 201001,93873.684.42$8,565
Jul 201002,02172.554.74$9,572
Jun 201002,02170.364.91$9,924
May 201001,82571.124.24$7,729
Apr 201001,96981.694.12$8,118
Mar 201001,97278.394.39$8,654
Feb 201001,69973.585.44$9,247
Jan 201001,90674.365.96$11,368
Dec 200901,82871.445.48$10,024
Nov 200901,76574.593.75$6,621
Oct 2009090972.544.11$3,736
Sep 200901,64865.543.06$5,051
Aug 200901,95667.423.22$6,295
Jul 200902,01761.133.46$6,988
Jun 200901,79766.163.90$6,999
May 200902,02954.743.93$7,965
Apr 200901,82246.773.59$6,536
Mar 200902,21542.144.06$8,991
Feb 200901,99832.814.63$9,257
Jan 200902,20935.865.37$11,865
Dec 200802,10937.105.98$12,606
Nov 200802,14155.496.86$14,688
Oct 200802,21275.246.92$15,311
Sep 200801,916101.767.88$15,093
Aug 200801,990114.228.48$16,881
Jul 200802,431131.0811.39$27,688
Jun 200802,536131.3313.03$33,051
May 200802,245123.1711.57$25,984
Apr 200802,234110.3110.45$23,356
Mar 200802,241101.909.66$21,657
Feb 200802,10292.538.77$18,436
Jan 200802,36490.388.21$19,398
Dec 200702,14088.337.30$15,626
Nov 200702,02991.677.29$14,795
Oct 200702,25082.856.92$15,574
Sep 200702,17575.846.24$13,581
Aug 200702,11169.066.39$13,485
Jul 200701,60370.906.39$10,240
Jun 200701,86762.007.55$14,093
May 200701,84058.747.85$14,437
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007015555.108.22$1,273
Jan 200701,39650.306.73$9,391
Dec 200601,99956.656.92$13,830
Nov 20060054.207.62$0
Oct 20060054.906.01$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.

Jun 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.08 =         $0
Gas                    2 Mcf  × $  2.63 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/224235 is the state's own key, not one this site invented.