MILAGROS

Operated by CIRCLE-S ENERGY, LLC (P-5 100703) in the HAWKVILLE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 294638District 04Field 39744250GasSave
Value, all time
$15.3 M
Feb 2023 – May 2026
Value, last 12 filed months
$5.1 M
at the published price for each month
Months reported
40
no gaps in the span
Streams
1
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.

StreamBasisVolumeValue
GasProduction5,161,970 Mcf$15,307,882
Total$15,307,882

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 27.7355, -99.4953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.73551, -99.49527 · 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
12,102 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 12,102 ft.

Completions filed
Jan 2024
1 of 1 wells

1 well

42-479446778H12,102 ftJan 2024

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 (40)

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

40 months

May 202657,162106.413.05$174,106
Apr 202658,47198.932.87$167,795
Mar 202682,91589.753.15$261,136
Feb 2026104,73863.503.75$392,801
Jan 2026103,87959.138.00$830,816
Dec 202594,40756.664.41$416,652
Nov 2025107,73058.593.93$422,995
Oct 2025148,47659.383.30$490,689
Sep 2025154,38862.743.08$475,040
Aug 2025165,13763.933.01$497,848
Jul 2025167,88166.743.32$556,559
Jun 2025147,71966.483.13$462,171
May 2025183,34660.553.23$592,633
Apr 2025185,52062.363.54$657,320
Mar 2025218,06467.704.27$930,767
Feb 2025217,10470.884.34$942,414
Jan 2025250,28874.324.28$1,070,902
Dec 2024202,09168.993.12$630,801
Nov 2024206,46369.052.20$453,897
Oct 2024217,67771.372.28$496,608
Sep 202498,82869.612.36$233,665
Aug 2024264,53475.632.06$545,900
Jul 2024281,97779.932.15$605,289
Jun 2024217,78278.082.63$573,633
May 2024233,47178.812.20$513,272
Apr 2024217,07784.451.66$360,174
Mar 2024260,37080.301.55$402,306
Feb 2024361,20576.091.78$644,260
Jan 2024153,27073.023.30$505,432
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$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
Gas               57,162 Mcf  × $  3.05 =   $174,106

────────────────────────────────────────────────────
Month total                                 $174,106

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/294638 is the state's own key, not one this site invented.