MARGARET

Operated by MULE KICK OPERATING LLC (P-5 103527) in the SIGNAL PEAK (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 38075District 08Field 83518500OilCasinghead gasSaveExport
Value, all time
$2.4 M
Jan 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
233
no gaps in the span
Streams
2
oil, casinghead 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 132 leases and 253 wells, and the rule below applies to all of them.

Discovered
1983-04-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2009-06-18.

The Commission's schedule remark for this field reads: 08-0223268 DATED 6/18/2009

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
OilDisposition26,205 bbl$1,892,889
Casinghead gasProduction76,433 Mcf$477,866
Total$2,370,755

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 32.1801, -101.3838. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18008, -101.38381 · 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
8,550 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 8,550 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-2273600835048,550 ftDec 2009

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 (233)

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

233 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 202305377.892.81$149
Oct 202303085.443.09$93
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 20220184.888.16$8
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202206115.097.98$48
May 202200109.378.43$0
Apr 202203104.226.84$21
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 202005244.642.68$139
Nov 202004938.772.71$133
Oct 202006436.972.48$159
Sep 20201607037.091.99$6,074
Aug 202008639.982.39$205
Jul 202008938.371.83$162
Jun 20201657334.901.69$5,882
May 2020011816.921.81$214
Apr 2020010914.751.80$197
Mar 20201657230.341.86$5,140
Feb 202006349.881.98$125
Jan 202007557.252.09$157
Dec 20191665559.012.30$9,922
Nov 201908555.302.75$234
Oct 201907953.472.42$191
Sep 20191456255.052.66$8,147
Aug 201907453.112.30$171
Jul 201907856.272.46$192
Jun 20191695752.782.49$9,062
May 201908058.482.74$219
Apr 201903362.632.75$91
Mar 201903756.803.06$113
Feb 20191696650.852.79$8,778
Jan 201906946.033.23$223
Dec 201804446.594.19$184
Nov 20181621852.934.24$8,651
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201801565.142.93$44
Jun 201802260.183.08$68
May 201802365.382.90$67
Apr 20181761463.842.90$11,276
Mar 201801461.222.79$39
Feb 201805761.782.77$158
Jan 201809462.874.01$377
Dec 20171528757.272.92$8,959
Nov 201708855.423.12$274
Oct 201708549.292.98$254
Sep 20171589047.523.09$7,786
Aug 201709545.373.00$285
Jul 201705643.873.09$173
Jun 20171449342.493.09$6,406
May 201708545.373.26$277
Apr 20171577147.933.21$7,753
Mar 201702746.772.98$81
Feb 20170750.452.95$21
Jan 20171682149.413.42$8,373
Dec 201601248.763.72$45
Nov 2016170442.492.64$7,234
Oct 201601246.193.09$37
Sep 2016163041.553.10$6,773
Aug 20160041.442.92$0
Jul 201601041.622.92$29
Jun 20160045.352.69$0
May 2016170042.521.99$7,228
Apr 20160036.561.99$0
Mar 201604533.011.79$81
Feb 201606826.472.06$140
Jan 20161654627.352.36$4,622
Dec 201507032.362.00$140
Nov 201516115038.792.17$6,570
Oct 201506643.552.43$160
Sep 20151575842.992.76$6,909
Aug 201502440.162.87$69
Jul 20151471148.152.95$7,110
Jun 201508656.152.88$248
May 201514728055.212.96$8,943
Apr 201514530549.822.71$8,049
Mar 2015029142.892.93$854
Feb 201514324644.662.98$7,119
Jan 2015025743.433.10$797
Dec 201417030854.693.59$10,403
Nov 201414930470.464.25$11,791
Oct 2014024478.303.90$952
Sep 201419220786.164.05$17,380
Aug 2014034289.394.04$1,380
Jul 201417134796.564.18$17,962
Jun 2014032798.164.74$1,549
May 201416133994.734.73$16,854
Apr 2014032995.944.81$1,582
Mar 201417233495.895.06$18,182
Feb 2014030197.406.19$1,864
Jan 201417333190.404.86$17,248
Dec 2013032491.824.35$1,411
Nov 201316832688.853.74$16,145
Oct 201316734297.423.78$17,562
Sep 20130332104.113.72$1,234
Aug 2013163347104.253.52$18,215
Jul 20130351102.523.72$1,305
Jun 201316834994.403.93$17,232
May 2013034694.834.15$1,436
Apr 201316931293.964.28$17,215
Mar 201316826293.623.91$16,753
Feb 2013030891.233.42$1,053
Jan 201316634291.603.42$16,375
Dec 2012033886.773.42$1,156
Nov 201216533786.953.62$15,568
Oct 201216934889.383.40$16,288
Sep 2012031594.672.92$919
Aug 201216532892.662.91$16,243
Jul 2012030385.133.02$915
Jun 201233231179.822.52$27,284
May 201217233191.612.49$16,581
Apr 20120328101.652.00$655
Mar 20120360105.052.22$800
Feb 2012167328101.102.57$17,727
Jan 201250535198.092.73$50,495
Dec 2011034696.873.24$1,121
Nov 201116534795.723.31$16,943
Oct 2011036384.983.65$1,324
Sep 201133134583.623.99$29,053
Aug 2011024383.404.15$1,008
Jul 2011232394.144.52$1,647
Jun 2011431092.904.64$1,810
May 2011033798.134.40$1,484
Apr 2011331365105.964.33$36,654
Mar 2011044196.364.06$1,789
Feb 2011034885.644.18$1,455
Jan 2011023286.504.59$1,065
Dec 201017137985.734.35$16,308
Nov 201017137980.843.80$15,262
Oct 2010040078.103.51$1,404
Sep 201016538872.633.98$13,528
Aug 201015133573.684.42$12,606
Jul 2010171072.554.74$12,406
Jun 20102070.364.91$141
May 201015825371.124.24$12,308
Apr 201015218881.694.12$13,192
Mar 201018321478.394.39$15,285
Feb 20103017273.585.44$3,143
Jan 2010151274.365.96$1,187
Dec 200911071.445.48$786
Nov 20096074.593.75$448
Oct 200915822172.544.11$12,370
Sep 200915297765.543.06$12,956
Aug 20091571,04067.423.22$13,932
Jul 20091651,09261.133.46$13,870
Jun 20093351,02866.163.90$26,168
May 200917095954.743.93$13,071
Apr 20091581,01246.773.59$11,020
Mar 20093351,15242.144.06$18,793
Feb 20091681,09732.814.63$10,594
Jan 20091701,22535.865.37$12,676
Dec 20083311,25337.105.98$19,769
Nov 20081741,25455.496.86$18,258
Oct 20083221,26875.246.92$33,004
Sep 20083241,098101.767.88$41,619
Aug 20083241,475114.228.48$49,520
Jul 20081721,537131.0811.39$40,051
Jun 20084901,558131.3313.03$84,657
May 20083411,599123.1711.57$60,508
Apr 20083441,477110.3110.45$53,388
Mar 20083141,471101.909.66$46,212
Feb 20085181,66092.538.77$62,490
Jan 20085195,96190.388.21$95,822
Dec 20075281,43288.337.30$57,095
Nov 20075191,31991.677.29$57,194
Oct 20078591,65082.856.92$82,589
Sep 20076831,63575.846.24$62,008
Aug 20070069.066.39$0
Jul 20073471,61670.906.39$34,925
Jun 20076901,60862.007.55$54,918
May 20078272,43158.747.85$67,652
Apr 20071,5142,22059.617.81$107,577
Mar 20072,1864,46756.927.30$157,045
Feb 20071,7532,48055.108.22$116,966
Jan 20078387450.306.73$10,054

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.

Nov 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 77.89 =         $0
Casinghead gas        53 Mcf  × $  2.81 =       $149

────────────────────────────────────────────────────
Month total                                     $149

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/O/38075 is the state's own key, not one this site invented.