MARGARET

Operated by TREK RESOURCES, INC. (P-5 867578) in the CONGER (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279622District 08Field 20097700CondensateGasSaveExport
Value, all time
$192 k
Jan 2015 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
137
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 1,011 leases and 1,988 wells, and the rule below applies to all of them.

Discovered
1978-01-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1985-04-29.

The Commission's schedule remark for this field reads: OPTIONAL 40ACRE UNIT DIAG. 2100 PER #8-84810

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
CondensateDisposition323 bbl$17,843
GasProduction50,900 Mcf$174,454
Total$192,297

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 31.8068, -101.1211. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.80676, -101.12113 · 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
7,800 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 7,800 ft.

Completions filed
May 1984
1 of 1 wells

1 well

42-4313144537,800 ftMay 1984

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 (137)

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

137 months

May 20260409106.413.05$1,246
Apr 2026042698.932.87$1,223
Mar 2026044789.753.15$1,408
Feb 2026035363.503.75$1,324
Jan 2026044059.138.00$3,519
Dec 2025042856.664.41$1,889
Nov 2025028358.593.93$1,111
Oct 2025044659.383.30$1,474
Sep 2025042462.743.08$1,305
Aug 20257045663.933.01$5,850
Jul 2025049266.743.32$1,631
Jun 2025048066.483.13$1,502
May 2025047160.553.23$1,522
Apr 2025047162.363.54$1,669
Mar 2025047167.704.27$2,010
Feb 2025041570.884.34$1,801
Jan 2025043574.324.28$1,861
Dec 2024045668.993.12$1,423
Nov 2024043169.052.20$948
Oct 2024042871.372.28$976
Sep 2024034269.612.36$809
Aug 2024035575.632.06$733
Jul 2024032779.932.15$702
Jun 2024036578.082.63$961
May 2024039278.812.20$862
Apr 2024034284.451.66$567
Mar 2024026780.301.55$413
Feb 2024023076.091.78$410
Jan 20242923773.023.30$2,899
Dec 2023024171.262.61$629
Nov 2023023977.892.81$671
Oct 2023028585.443.09$880
Sep 2023011489.042.74$312
Aug 2023013080.522.67$347
Jul 2023038974.852.64$1,028
Jun 2023028168.962.26$635
May 2023020270.622.23$450
Apr 2023017078.122.24$380
Mar 2023016972.852.39$404
Feb 2023033475.112.47$824
Jan 2023048776.533.39$1,650
Dec 2022058776.415.73$3,363
Nov 2022054085.005.65$3,049
Oct 2022050787.185.86$2,973
Sep 2022055684.888.16$4,539
Aug 2022057594.529.13$5,248
Jul 20220533101.587.54$4,020
Jun 20220391115.097.98$3,119
May 20220409109.378.43$3,449
Apr 20220207104.226.84$1,415
Mar 20220692108.885.08$3,513
Feb 2022061391.054.86$2,978
Jan 2022043381.844.54$1,965
Dec 2021031971.323.90$1,244
Nov 2021066977.435.24$3,503
Oct 2021024579.795.71$1,400
Sep 2021030469.865.35$1,627
Aug 2021048066.024.22$2,026
Jul 2021048470.783.98$1,927
Jun 2021054869.493.38$1,853
May 2021052463.483.02$1,581
Apr 2021030460.362.76$839
Mar 2021031661.302.72$859
Feb 2021026257.805.55$1,454
Jan 2021029150.412.81$818
Dec 2020038544.642.68$1,030
Nov 2020041738.772.71$1,129
Oct 2020037536.972.48$929
Sep 2020035237.091.99$701
Aug 2020029039.982.39$692
Jul 2020045838.371.83$836
Jun 2020039334.901.69$664
May 2020039916.921.81$724
Apr 20203716414.751.80$842
Mar 2020047930.341.86$889
Feb 2020038049.881.98$753
Jan 2020051757.252.09$1,083
Dec 2019054759.012.30$1,260
Nov 2019044455.302.75$1,221
Oct 2019059053.472.42$1,427
Sep 2019042055.052.66$1,116
Aug 2019065253.112.30$1,502
Jul 2019041456.272.46$1,018
Jun 2019051652.782.49$1,285
May 2019062858.482.74$1,721
Apr 20195752362.632.75$5,009
Mar 2019055556.803.06$1,699
Feb 2019045850.852.79$1,279
Jan 2019048346.033.23$1,559
Dec 2018055946.594.19$2,340
Nov 2018050152.934.24$2,123
Oct 2018042261.443.40$1,434
Sep 2018046559.543.11$1,445
Aug 2018040859.403.07$1,251
Jul 2018030265.142.93$885
Jun 2018027960.183.08$858
May 2018035465.382.90$1,027
Apr 2018030863.842.90$893
Mar 2018038961.222.79$1,084
Feb 20183818861.782.77$2,868
Jan 2018017262.874.01$690
Dec 2017013657.272.92$397
Nov 2017011255.423.12$349
Oct 2017015249.292.98$454
Sep 2017015847.523.09$488
Aug 2017016545.373.00$496
Jul 2017015543.873.09$479
Jun 2017022142.493.09$682
May 2017027045.373.26$881
Apr 2017020647.933.21$662
Mar 2017018546.772.98$552
Feb 2017016550.452.95$487
Jan 2017032749.413.42$1,118
Dec 2016079348.763.72$2,952
Nov 2016047542.492.64$1,256
Oct 20163826246.193.09$2,565
Sep 2016031641.553.10$980
Aug 2016052041.442.92$1,521
Jul 2016044741.622.92$1,307
Jun 2016038745.352.69$1,039
May 2016029542.521.99$587
Apr 2016047336.561.99$942
Mar 2016034433.011.79$617
Feb 2016022926.472.06$473
Jan 2016038127.352.36$901
Dec 2015033332.362.00$666
Nov 2015019838.792.17$429
Oct 2015012443.552.43$301
Sep 201508542.992.76$234
Aug 2015029740.162.87$853
Jul 2015030148.152.95$886
Jun 20155434856.152.88$4,035
May 2015031055.212.96$916
Apr 2015028049.822.71$758
Mar 2015032742.892.93$960
Feb 2015028844.662.98$857
Jan 2015030043.433.10$930

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  409 Mcf  × $  3.05 =     $1,246

────────────────────────────────────────────────────
Month total                                   $1,246

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. 08/G/279622 is the state's own key, not one this site invented.