MARGIE

Operated by BROOKSTON ENERGY, INC. (P-5 97353) in the CARTHAGE, NORTH (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 218038District 06Field 160342502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Nov 2005 – May 2026
Value, last 12 filed months
$189
at the published price for each month
Months reported
247
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 568 leases and 570 wells, and the rule below applies to all of them.

Discovered
1981-11-18
as the register files it
Field class
Oil and 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 2010-12-14.

The Commission's schedule remark for this field reads: EFFECTIVE AUGUST.

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 Gas112006-10-02170277
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
CondensateDisposition7,985 bbl$577,451
GasProduction553,834 Mcf$3,470,004
Total$4,047,454

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 32.4633, -94.2455. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.46328, -94.24550 · 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
10,015 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 10,015 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-20333230510,015 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 (247)

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

247 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20261063.503.75$64
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250459.383.30$13
Sep 202502462.743.08$74
Aug 20250363.933.01$9
Jul 20250666.743.32$20
Jun 20250366.483.13$9
May 20250460.553.23$13
Apr 20250562.363.54$18
Mar 20250367.704.27$13
Feb 202516570.884.34$1,156
Jan 20250274.324.28$9
Dec 20240268.993.12$6
Nov 20240169.052.20$2
Oct 202401471.372.28$32
Sep 20240569.612.36$12
Aug 20240575.632.06$10
Jul 20240379.932.15$6
Jun 20240578.082.63$13
May 20240378.812.20$7
Apr 202401784.451.66$28
Mar 20240080.301.55$0
Feb 20240476.091.78$7
Jan 20240573.023.30$16
Dec 20230971.262.61$24
Nov 20230577.892.81$14
Oct 20230985.443.09$28
Sep 20230689.042.74$16
Aug 20230680.522.67$16
Jul 20230574.852.64$13
Jun 20230068.962.26$0
May 202301070.622.23$22
Apr 20230978.122.24$20
Mar 202301272.852.39$29
Feb 20230475.112.47$10
Jan 202301276.533.39$41
Dec 202201876.415.73$103
Nov 202201885.005.65$102
Oct 20227587.185.86$640
Sep 20220784.888.16$57
Aug 20221494.529.13$131
Jul 202205101.587.54$38
Jun 202277115.097.98$861
May 202205109.378.43$42
Apr 202206104.226.84$41
Mar 20223511108.885.08$3,867
Feb 20220791.054.86$34
Jan 20220681.844.54$27
Dec 20210971.323.90$35
Nov 20210877.435.24$42
Oct 20210679.795.71$34
Sep 20210069.865.35$0
Aug 20210466.024.22$17
Jul 20210170.783.98$4
Jun 20210169.493.38$3
May 20210263.483.02$6
Apr 20210860.362.76$22
Mar 202102161.302.72$57
Feb 20210657.805.55$33
Jan 20210450.412.81$11
Dec 2020102344.642.68$508
Nov 20200838.772.71$22
Oct 20200436.972.48$10
Sep 20200237.091.99$4
Aug 20200539.982.39$12
Jul 20200138.371.83$2
Jun 20200734.901.69$12
May 20200916.921.81$16
Apr 20200514.751.80$9
Mar 202001130.341.86$20
Feb 202011449.881.98$78
Jan 2020022557.252.09$471
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 2019046953.472.42$1,134
Sep 2019013055.052.66$345
Aug 201902853.112.30$65
Jul 20190656.272.46$15
Jun 201901652.782.49$40
May 20190058.482.74$0
Apr 201901062.632.75$28
Mar 2019292856.803.06$1,733
Feb 201902450.852.79$67
Jan 201932646.033.23$222
Dec 201803346.594.19$138
Nov 201803752.934.24$157
Oct 2018326161.443.40$1,071
Sep 2018560659.543.11$2,181
Aug 201801359.403.07$40
Jul 20180665.142.93$18
Jun 201801460.183.08$43
May 20180465.382.90$12
Apr 201803363.842.90$96
Mar 201803561.222.79$98
Feb 201802961.782.77$80
Jan 201802362.874.01$92
Dec 2017134357.272.92$870
Nov 201706655.423.12$206
Oct 20170049.292.98$0
Sep 201703347.523.09$102
Aug 201702345.373.00$69
Jul 201702143.873.09$65
Jun 201703742.493.09$114
May 201704645.373.26$150
Apr 201704147.933.21$132
Mar 201706346.772.98$188
Feb 201702950.452.95$86
Jan 201703949.413.42$133
Dec 201616348.763.72$283
Nov 20160442.492.64$11
Oct 20160646.193.09$19
Sep 20160541.553.10$16
Aug 201601241.442.92$35
Jul 2016036541.622.92$1,067
Jun 2016018045.352.69$483
May 201602142.521.99$42
Apr 201601036.561.99$20
Mar 2016013833.011.79$248
Feb 2016013526.472.06$279
Jan 201604727.352.36$111
Dec 2015062832.362.00$1,257
Nov 20151965838.792.17$2,163
Oct 201511,66043.552.43$4,072
Sep 201501,44142.992.76$3,975
Aug 2015221,46640.162.87$5,095
Jul 201501,31448.152.95$3,870
Jun 2015131,59456.152.88$5,325
May 201501,28555.212.96$3,798
Apr 201591,26849.822.71$3,880
Mar 201501,31442.892.93$3,856
Feb 201511,20444.662.98$3,628
Jan 201501,49243.433.10$4,626
Dec 201401,59754.693.59$5,735
Nov 2014211,40670.464.25$7,458
Oct 201401,52178.303.90$5,933
Sep 201401,48586.164.05$6,007
Aug 2014421,56289.394.04$10,057
Jul 201401,55696.564.18$6,503
Jun 2014411,34698.164.74$10,400
May 2014411,45894.734.73$10,775
Apr 201401,56195.944.81$7,507
Mar 2014471,55095.895.06$12,345
Feb 2014521,54697.406.19$14,638
Jan 201401,61390.404.86$7,840
Dec 2013321,40791.824.35$9,065
Nov 201331,49888.853.74$5,866
Oct 2013371,64997.423.78$9,837
Sep 2013461,761104.113.72$11,336
Aug 2013382,399104.253.52$12,412
Jul 201322,487102.523.72$9,451
Jun 2013531,97094.403.93$12,752
May 201332,17094.834.15$9,288
Apr 2013542,07493.964.28$13,956
Mar 2013542,33093.623.91$14,172
Feb 201362,18191.233.42$8,006
Jan 2013622,48691.603.42$14,181
Dec 2012382,45786.773.42$11,701
Nov 2012132,06886.953.62$8,627
Oct 2012142,19689.383.40$8,717
Sep 201262,33494.672.92$7,380
Aug 201212,46092.662.91$7,247
Jul 2012272,50785.133.02$9,872
Jun 201202,32479.822.52$5,854
May 2012532,46691.612.49$10,992
Apr 201232,259101.652.00$4,816
Mar 2012492,319105.052.22$10,300
Feb 2012462,172101.102.57$10,233
Jan 201252,69098.092.73$7,845
Dec 2011382,78796.873.24$12,710
Nov 2011592,60495.723.31$14,270
Oct 2011552,75784.983.65$14,733
Sep 2011422,34483.623.99$12,855
Aug 2011372,47683.404.15$13,360
Jul 2011392,49194.144.52$14,924
Jun 2011382,37292.904.64$14,536
May 2011362,78898.134.40$15,813
Apr 2011362,783105.964.33$15,874
Mar 2011362,76996.364.06$14,704
Feb 2011382,87385.644.18$15,263
Jan 2011323,66086.504.59$19,563
Dec 2010622,51385.734.35$16,241
Nov 2010411,15480.843.80$7,694
Oct 2010343,34178.103.51$14,379
Sep 2010282,73072.633.98$12,898
Aug 2010303,47573.684.42$17,568
Jul 2010283,35772.554.74$17,932
Jun 2010543,54070.364.91$21,182
May 2010323,76171.124.24$18,205
Apr 2010573,35581.694.12$18,488
Mar 2010233,66978.394.39$17,905
Feb 2010283,50573.585.44$21,136
Jan 2010683,24174.365.96$24,386
Dec 2009803,32371.445.48$23,938
Nov 2009334,05474.593.75$17,670
Oct 2009324,51972.544.11$20,896
Sep 2009304,51565.543.06$15,804
Aug 2009564,94367.423.22$19,685
Jul 2009304,84661.133.46$18,623
Jun 2009514,74866.163.90$21,868
May 2009595,05754.743.93$23,082
Apr 2009664,88046.773.59$20,594
Mar 2009625,30142.144.06$24,129
Feb 2009784,57332.814.63$23,746
Jan 2009314,84735.865.37$27,145
Dec 2008785,01137.105.98$32,845
Nov 2008274,37655.496.86$31,519
Oct 2008775,89475.246.92$46,592
Sep 2008244,661101.767.88$39,157
Aug 2008484,788114.228.48$46,099
Jul 2008766,305131.0811.39$81,772
Jun 2008745,672131.3313.03$83,640
May 2008685,912123.1711.57$76,803
Apr 2008716,117110.3110.45$71,784
Mar 2008706,113101.909.66$66,209
Feb 20081025,88592.538.77$61,053
Jan 2008946,41890.388.21$61,160
Dec 20071036,84788.337.30$59,095
Nov 2007867,44891.677.29$62,192
Oct 2007996,96782.856.92$56,428
Sep 2007575,79475.846.24$40,502
Aug 20071037,57369.066.39$55,489
Jul 20072247,88470.906.39$66,244
Jun 2007728,27462.007.55$66,920
May 20071317,80758.747.85$68,951
Apr 20078810,00259.617.81$83,313
Mar 20071249,76856.927.30$78,384
Feb 20071988,86855.108.22$83,769
Jan 200720410,74950.306.73$82,568
Dec 200616011,07556.656.92$85,686
Nov 200612014,31354.207.62$115,533
Oct 20061579,65054.906.01$66,652
Sep 200620611,69960.085.04$71,307
Aug 200629715,88868.717.34$137,024
Jul 200642620,34869.376.34$158,614
Jun 200647730,16766.286.38$224,198
May 20061235,98766.016.42$46,586
Apr 20061456,23664.397.36$55,237
Mar 20061385,31656.707.08$45,477
Feb 20061037,23757.597.75$62,027
Jan 200619010,67360.598.93$106,857
Dec 200525913,83854.9413.42$199,872
Nov 200522110,18354.6910.59$119,908

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.

Feb 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 63.50 =        $64
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                      $64

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. 06/G/218038 is the state's own key, not one this site invented.