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 246237District 04Field 115073002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jul 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
215
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 Gas112010-07-16198728
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
CondensateDisposition5,681 bbl$398,951
GasProduction200,844 Mcf$941,387
Total$1,340,338

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 26.4159, -98.6180. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.41587, -98.61801 · 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
9,400 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 9,400 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-4273431539,400 ftJul 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 (215)

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

215 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 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015016840.162.87$483
Jul 2015054648.152.95$1,608
Jun 2015042256.152.88$1,217
May 201536044655.212.96$21,194
Apr 2015047449.822.71$1,283
Mar 2015052942.892.93$1,552
Feb 2015065944.662.98$1,961
Jan 2015072743.433.10$2,254
Dec 2014059754.693.59$2,144
Nov 2014060070.464.25$2,551
Oct 2014057378.303.90$2,235
Sep 2014065686.164.05$2,654
Aug 2014064489.394.04$2,599
Jul 2014069496.564.18$2,901
Jun 2014078298.164.74$3,704
May 2014089794.734.73$4,240
Apr 2014072395.944.81$3,477
Mar 2014079295.895.06$4,005
Feb 2014079197.406.19$4,898
Jan 2014098890.404.86$4,802
Dec 2013090291.824.35$3,928
Nov 20131821,00688.853.74$19,931
Oct 201301,23397.423.78$4,660
Sep 20130894104.113.72$3,324
Aug 201301,059104.253.52$3,730
Jul 201301,262102.523.72$4,692
Jun 201301,14794.403.93$4,512
May 201301,18394.834.15$4,908
Apr 201301,03093.964.28$4,411
Mar 20131831,06493.623.91$21,296
Feb 201301,04491.233.42$3,570
Jan 201301,21391.603.42$4,148
Dec 201201,07186.773.42$3,663
Nov 201201,09386.953.62$3,962
Oct 201201,40689.383.40$4,780
Sep 20121861,39994.672.92$21,691
Aug 201201,48492.662.91$4,316
Jul 201201,60285.133.02$4,839
Jun 201201,84779.822.52$4,653
May 201201,79891.612.49$4,474
Apr 20121781,641101.652.00$21,370
Mar 201201,812105.052.22$4,026
Feb 20120172101.102.57$442
Jan 201201,87498.092.73$5,124
Dec 201101,79096.873.24$5,799
Nov 20111871,88295.723.31$24,131
Oct 201102,14584.983.65$7,826
Sep 201102,31883.623.99$9,239
Aug 201102,34383.404.15$9,722
Jul 20111772,35694.144.52$27,305
Jun 201102,45392.904.64$11,382
May 20111822,18598.134.40$27,484
Apr 201102,474105.964.33$10,721
Mar 201102,43296.364.06$9,867
Feb 20111812,28685.644.18$25,056
Jan 201102,80886.504.59$12,885
Dec 201002,85285.734.35$12,400
Nov 20101892,80980.843.80$25,940
Oct 201002,98578.103.51$10,474
Sep 201003,02772.633.98$12,046
Aug 20101883,16473.684.42$27,835
Jul 201003,41672.554.74$16,180
Jun 20101842,79670.364.91$26,676
May 201003,02471.124.24$12,807
Apr 201003,07381.694.12$12,669
Mar 20101833,23778.394.39$28,551
Feb 20101862,56773.585.44$27,656
Jan 201002,27574.365.96$13,568
Dec 20091882,63571.445.48$27,880
Nov 200902,86874.593.75$10,759
Oct 20091833,07072.544.11$25,893
Sep 200903,39865.543.06$10,414
Aug 20091824,36867.423.22$26,329
Jul 200903,51061.133.46$12,160
Jun 20091853,89366.163.90$27,403
May 200905,30854.743.93$20,838
Apr 20091825,23446.773.59$27,289
Mar 20091846,17542.144.06$32,818
Feb 20091806,61932.814.63$36,572
Jan 20091837,35235.865.37$46,050
Dec 20085487,39037.105.98$64,502
Nov 20083677,00855.496.86$68,442
Oct 20081848,32975.246.92$71,497
Sep 20083699,204101.767.88$110,050
Aug 200808,842114.228.48$75,007
Jul 200800131.0811.39$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.

Aug 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 40.16 =         $0
Gas                  168 Mcf  × $  2.87 =       $483

────────────────────────────────────────────────────
Month total                                     $483

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/246237 is the state's own key, not one this site invented.