MARGIE SANDERS

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the RURAL SHADE, S. (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 277130District 05Field 78957400CondensateGasSave
Value, all time
$1.9 M
Oct 2014 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
140
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition13,005 bbl$639,124
GasProduction444,324 Mcf$1,294,596
Total$1,933,720

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 32.0260, -96.0822. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02596, -96.08222 · 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
8,212 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 8,212 ft.

Completions filed
Apr 2017
1 of 1 wells

1 well

42-3493501318,212 ftApr 2017

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 (140)

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

140 months

May 202600106.413.05$0
Apr 2026099398.932.87$2,850
Mar 202601,04089.753.15$3,275
Feb 2026095063.503.75$3,563
Jan 202601,02459.138.00$8,190
Dec 2025093956.664.41$4,144
Nov 20251731,00058.593.93$14,063
Oct 202501,04959.383.30$3,467
Sep 202501,04262.743.08$3,206
Aug 202501,16163.933.01$3,500
Jul 202501,19066.743.32$3,945
Jun 2025261,10466.483.13$5,183
May 202501,21860.553.23$3,937
Apr 202501,17862.363.54$4,174
Mar 202501,26967.704.27$5,417
Feb 2025088370.884.34$3,833
Jan 2025093374.324.28$3,992
Dec 20241191,08668.993.12$11,600
Nov 202401,12869.052.20$2,480
Oct 202401,28571.372.28$2,932
Sep 202401,10069.612.36$2,601
Aug 202401,19875.632.06$2,472
Jul 202401,18379.932.15$2,539
Jun 202401,19578.082.63$3,148
May 202401,31278.812.20$2,884
Apr 202401,20984.451.66$2,006
Mar 2024191,26980.301.55$3,486
Feb 2024054876.091.78$977
Jan 2024084573.023.30$2,787
Dec 2023181,24571.262.61$4,533
Nov 202316089477.892.81$14,972
Oct 2023181,24085.443.09$5,366
Sep 202301,08789.042.74$2,973
Aug 2023161,25580.522.67$4,643
Jul 202301,47474.852.64$3,894
Jun 2023181,47968.962.26$4,582
May 2023161,63170.622.23$4,763
Apr 202301,46678.122.24$3,281
Mar 20231751,69872.852.39$16,812
Feb 202301,15175.112.47$2,838
Jan 2023171,37876.533.39$5,969
Dec 202201,23076.415.73$7,047
Nov 202201,65985.005.65$9,367
Oct 2022081787.185.86$4,791
Sep 202215369384.888.16$18,644
Aug 20221993894.529.13$10,357
Jul 20220983101.587.54$7,414
Jun 20220967115.097.98$7,714
May 202201,028109.378.43$8,669
Apr 202201,088104.226.84$7,439
Mar 202201,092108.885.08$5,543
Feb 2022072791.054.86$3,532
Jan 20221661,15781.844.54$18,836
Dec 202101,19271.323.90$4,648
Nov 2021181,17277.435.24$7,531
Oct 20211698579.795.71$6,905
Sep 20211621,18869.865.35$17,674
Aug 2021181,26566.024.22$6,527
Jul 2021191,22570.783.98$6,223
Jun 202102,53869.493.38$8,580
May 20211191,09663.483.02$10,861
Apr 2021151,00160.362.76$3,667
Mar 202101,12061.302.72$3,043
Feb 2021071657.805.55$3,972
Jan 2021131,08650.412.81$3,707
Dec 20201831,01744.642.68$10,890
Nov 2020081138.772.71$2,195
Oct 20201488336.972.48$2,706
Sep 2020171,07237.091.99$2,765
Aug 20206481,20439.982.39$28,779
Jul 2020181,25638.371.83$2,983
Jun 2020351,22634.901.69$3,294
May 202001,28916.921.81$2,339
Apr 20201261,25814.751.80$4,128
Mar 202001,32130.341.86$2,452
Feb 202001,22949.881.98$2,434
Jan 2020211,32957.252.09$3,986
Dec 20191621,33659.012.30$12,638
Nov 2019151,35155.302.75$4,546
Oct 2019171,26953.472.42$3,978
Sep 2019321,37555.052.66$5,415
Aug 2019171,42853.112.30$4,194
Jul 20191751,45256.272.46$13,419
Jun 2019131,09552.782.49$3,414
May 2019261,30158.482.74$5,086
Apr 201901,19962.632.75$3,298
Mar 2019141,19056.803.06$4,439
Feb 2019131,14950.852.79$3,869
Jan 20191811,53046.033.23$13,271
Dec 2018131,18546.594.19$5,565
Nov 2018161,16252.934.24$5,771
Oct 2018361,25361.443.40$6,470
Sep 201801,31659.543.11$4,090
Aug 2018541,60359.403.07$8,123
Jul 2018781,80665.142.93$10,376
Jun 201821,37560.183.08$4,351
May 2018571,51965.382.90$8,133
Apr 2018851,65363.842.90$10,221
Mar 2018831,71361.222.79$9,855
Feb 20181061,59061.782.77$10,947
Jan 2018291,73762.874.01$8,787
Dec 2017821,41457.272.92$8,827
Nov 20171301,97655.423.12$13,366
Oct 20171272,14249.292.98$12,651
Sep 20171582,40647.523.09$14,936
Aug 20171072,79045.373.00$13,237
Jul 2017943,01943.873.09$13,444
Jun 20172233,90342.493.09$21,525
May 20172144,48345.373.26$24,339
Apr 201701,67347.933.21$5,373
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 20161252346.193.09$5,845
Sep 201619441.553.10$333
Aug 201651,22341.442.92$3,784
Jul 201661,95241.622.92$5,958
Jun 201662,74845.352.69$7,653
May 20161584,37042.521.99$15,419
Apr 201621,07736.561.99$2,217
Mar 20161774,41633.011.79$13,765
Feb 20161935,53926.472.06$16,539
Jan 20161857,60827.352.36$23,048
Dec 201519511,87732.362.00$30,081
Nov 201540110,64438.792.17$38,624
Oct 201535717,59243.552.43$58,236
Sep 201575221,81042.992.76$92,490
Aug 201553425,02240.162.87$93,321
Jul 201558722,65148.152.95$94,973
Jun 201564528,43856.152.88$118,200
May 201585634,04055.212.96$147,863
Apr 20151,22240,43449.822.71$170,317
Mar 20151,32544,70242.892.93$188,017
Feb 201535913,48444.662.98$56,164
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  993 Mcf  × $  2.87 =     $2,850

────────────────────────────────────────────────────
Month total                                   $2,850

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. 05/G/277130 is the state's own key, not one this site invented.