MARGO, R. E. HEIRS

Operated by EL RENO ENERGY, LLC (P-5 250571) in the BRAULIA, EAST (VICKSBURG CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 242006District 04Field 115073002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.8 M
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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 65 leases and 65 wells, and the rule below applies to all of them.

Discovered
2006-09-12
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2007-11-06.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA TO REMAIN SUSUPENDED.

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 Gas112010-07-01198632
NGPA1none

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
CondensateDisposition10,626 bbl$674,623
GasProduction1,185,651 Mcf$6,141,714
Total$6,816,337

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 26.4171, -98.6132. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.41715, -98.61320 · 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
9,500 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 9,500 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4273431649,500 ftAug 2008

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 (214)

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

214 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 20240078.082.63$0
May 20240078.812.20$0
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 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 201505,51643.552.43$13,385
Sep 201508,46942.992.76$23,361
Aug 201503,45340.162.87$9,919
Jul 201501,05148.152.95$3,095
Jun 201501,19456.152.88$3,442
May 201551,23355.212.96$3,920
Apr 201511,13649.822.71$3,124
Mar 2015093142.892.93$2,732
Feb 2015099344.662.98$2,955
Jan 2015085043.433.10$2,636
Dec 201401,19354.693.59$4,284
Nov 201401,20770.464.25$5,132
Oct 201401,30878.303.90$5,102
Sep 201401,29386.164.05$5,231
Aug 20141701,45889.394.04$21,080
Jul 201401,29196.564.18$5,396
Jun 201401,35598.164.74$6,418
May 201401,40494.734.73$6,636
Apr 201401,48295.944.81$7,127
Mar 201401,55395.895.06$7,853
Feb 201401,41797.406.19$8,774
Jan 201401,49290.404.86$7,252
Dec 201301,51091.824.35$6,575
Nov 201301,54688.853.74$5,779
Oct 201301,86997.423.78$7,064
Sep 201301,635104.113.72$6,079
Aug 201301,765104.253.52$6,217
Jul 201301,671102.523.72$6,212
Jun 201301,67194.403.93$6,573
May 201301,95794.834.15$8,120
Apr 201301,68193.964.28$7,199
Mar 201301,96993.623.91$7,704
Feb 201301,84691.233.42$6,313
Jan 201302,21091.603.42$7,558
Dec 201202,19686.773.42$7,511
Nov 201202,53686.953.62$9,193
Oct 201202,81389.383.40$9,563
Sep 201203,24794.672.92$9,476
Aug 201203,79592.662.91$11,036
Jul 201204,80185.133.02$14,503
Jun 201206,24879.822.52$15,739
May 201207,74791.612.49$19,277
Apr 201207,901101.652.00$15,777
Mar 201209,351105.052.22$20,779
Feb 201209,010101.102.57$23,158
Jan 2012010,26598.092.73$28,065
Dec 20111858,08096.873.24$44,098
Nov 201105,59295.723.31$18,517
Oct 201105,89784.983.65$21,515
Sep 201106,04383.623.99$24,086
Aug 201106,73883.404.15$27,958
Jul 201106,92494.144.52$31,277
Jun 201106,63292.904.64$30,772
May 201107,58198.134.40$33,393
Apr 201108,041105.964.33$34,844
Mar 20111728,41996.364.06$50,733
Feb 201107,53285.644.18$31,484
Jan 201108,30886.504.59$38,124
Dec 201009,38985.734.35$40,821
Nov 201009,45280.843.80$35,873
Oct 20101829,75078.103.51$48,426
Sep 2010011,32672.633.98$45,071
Aug 2010015,12773.684.42$66,852
Jul 201018317,47972.554.74$96,066
Jun 201017216,93770.364.91$95,269
May 2010017,97571.124.24$76,128
Apr 2010017,22481.694.12$71,009
Mar 201017817,65578.394.39$91,435
Feb 20101649,82973.585.44$65,560
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 2009011667.423.22$373
Jul 20091851,37461.133.46$16,069
Jun 20090066.163.90$0
May 200951055,15654.743.93$244,446
Apr 200952678,18546.773.59$305,090
Mar 200972090,94842.144.06$399,499
Feb 200954658,78832.814.63$290,279
Jan 200974384,52735.865.37$480,639
Dec 20081,421123,57837.105.98$791,362
Nov 20081,455108,96055.496.86$828,243
Oct 20081,45293,01375.246.92$753,083
Sep 200893060,455101.767.88$570,846
Aug 200872660,102114.228.48$592,770

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
Condensate             0 bbl  × $ 43.55 =         $0
Gas                5,516 Mcf  × $  2.43 =    $13,385

────────────────────────────────────────────────────
Month total                                  $13,385

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/242006 is the state's own key, not one this site invented.