MEGARGEL DRILLING CO.

Operated by TAYLOR OIL & GAS SERV (P-5 837291) in the HAILEY (TANNEHILL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17972District 09Field 38030500OilCasinghead gasSaveExport
Value, all time
$13.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
401
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 4 leases and 26 wells, and the rule below applies to all of them.

Discovered
1976-05-07
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The Commission's schedule remark for this field reads: FLD RULES ADOPTED; DOC. #78,064; EFF. 4/5/82

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
OilDisposition445,438 bbl$13,471,440
Casinghead gasProduction36,930 Mcf$46,942
Total$13,518,383

24,230 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (19)

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 33.4855, -99.9440. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

33.48676, -99.94298 · 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
52.6%
10 of 19 wells
With a plug date
52.6%
10 of 19 wells
Median depth
2,656 ft
15 wells filed one
Completion to plug
17.8 years
median over 10 wells

What the state filed about each well

On the RRC proration schedule
1052.6%
A plug date is filed
1052.6%
BothOn the schedule and plugged. Neither fact cancels the other.
1052.6%
NeitherNo plug date, and not on the schedule.
947.4%

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

Total depth in feet, 15 of 19 wells. Median 2,656 ft, with the middle half between 2,633 and 2,735 ft; the shallowest is 2,561 ft and the deepest 2,760 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 19 of 19 wells, May 1976 – Oct 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1976 – Oct 2018
19 of 19 wells
Plug dates filed
Nov 1994 – Feb 2015
10 of 19 wells; 9 filed none

Last completion to plug: a median of 17.8 years across the 10 wells that filed both dates, with the middle half between 16.3 years and 21.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

19 wells

42-2753034282,630 ftOct 2018
42-27531066202,753 ftJul 2017
42-27532032232,645 ftApr 1999Feb 2015Yes
42-27530357142,733 ftDec 1993Apr 2003Yes
42-27530349112,760 ftJun 1993Feb 2006Yes
42-27532017222,660 ftFeb 1993
42-27530365162,750 ftNov 1987Aug 2007Yes
42-27530607192,737 ftJan 1978Jan 2000Yes
42-2753060017Jan 1978
42-27530366152,650 ftApr 1977Nov 1994Yes
42-27530355132,670 ftApr 1977Jan 2000Yes
42-27530353122,656 ftApr 1977Nov 1994Yes
42-27530344102,635 ftMar 1977Feb 1995Yes
42-275303347Mar 1977
42-275302965Jul 1976
42-2753029732,610 ftJul 1976Feb 2006Yes
42-275302954Jul 1976
42-2753026922,610 ftMay 1976
42-2753026812,561 ftMay 1976

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 (401)

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

401 months

May 20261750106.413.05$18,622
Apr 2026129098.932.87$12,762
Mar 2026109089.753.15$9,783
Feb 2026157063.503.75$9,970
Jan 20260059.138.00$0
Dec 2025175056.664.41$9,916
Nov 2025135058.593.93$7,910
Oct 202597059.383.30$5,760
Sep 202561062.743.08$3,827
Aug 2025233063.933.01$14,896
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025152060.553.23$9,204
Apr 2025297062.363.54$18,521
Mar 20250067.704.27$0
Feb 2025166070.884.34$11,766
Jan 2025181074.324.28$13,452
Dec 2024224068.993.12$15,454
Nov 2024177069.052.20$12,222
Oct 2024261071.372.28$18,628
Sep 2024357069.612.36$24,851
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024181078.812.20$14,265
Apr 2024182084.451.66$15,370
Mar 2024172080.301.55$13,812
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202373089.042.74$6,500
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023165068.962.26$11,378
May 20230070.622.23$0
Apr 2023165078.122.24$12,890
Mar 2023326072.852.39$23,749
Feb 2023186075.112.47$13,970
Jan 2023164076.533.39$12,551
Dec 2022178076.415.73$13,601
Nov 2022183085.005.65$15,555
Oct 2022188087.185.86$16,390
Sep 2022190084.888.16$16,127
Aug 2022187094.529.13$17,675
Jul 20223690101.587.54$37,483
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
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 2021149057.805.55$8,612
Jan 2021165050.412.81$8,318
Dec 2020173044.642.68$7,723
Nov 2020162038.772.71$6,281
Oct 2020158036.972.48$5,841
Sep 2020177037.091.99$6,565
Aug 2020177039.982.39$7,076
Jul 2020166038.371.83$6,369
Jun 2020147034.901.69$5,130
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020312030.341.86$9,466
Feb 2020184049.881.98$9,178
Jan 2020165057.252.09$9,446
Dec 2019353059.012.30$20,831
Nov 20190055.302.75$0
Oct 2019332053.472.42$17,752
Sep 2019178055.052.66$9,799
Aug 2019181053.112.30$9,613
Jul 2019182056.272.46$10,241
Jun 2019344052.782.49$18,156
May 2019302058.482.74$17,661
Apr 2019138062.632.75$8,643
Mar 2019286056.803.06$16,245
Feb 2019142050.852.79$7,221
Jan 2019155046.033.23$7,135
Dec 2018302046.594.19$14,070
Nov 2018204052.934.24$10,798
Oct 2018318061.443.40$19,538
Sep 2018331059.543.11$19,708
Aug 2018146059.403.07$8,672
Jul 2018285065.142.93$18,565
Jun 2018303060.183.08$18,235
May 2018341065.382.90$22,295
Apr 2018273063.842.90$17,428
Mar 2018288061.222.79$17,631
Feb 2018354061.782.77$21,870
Jan 2018316062.874.01$19,867
Dec 2017157057.272.92$8,991
Nov 2017274055.423.12$15,185
Oct 2017437049.292.98$21,540
Sep 2017179047.523.09$8,506
Aug 2017328045.373.00$14,881
Jul 2017165043.873.09$7,239
Jun 2017163042.493.09$6,926
May 2017353045.373.26$16,016
Apr 2017346047.933.21$16,584
Mar 2017184046.772.98$8,606
Feb 2017330050.452.95$16,649
Jan 2017498049.413.42$24,606
Dec 2016375048.763.72$18,285
Nov 2016370042.492.64$15,721
Oct 2016229046.193.09$10,578
Sep 20160041.553.10$0
Aug 2016350041.442.92$14,504
Jul 2016188041.622.92$7,825
Jun 2016376045.352.69$17,052
May 20160042.521.99$0
Apr 2016177036.561.99$6,471
Mar 2016378033.011.79$12,478
Feb 2016381026.472.06$10,085
Jan 2016191027.352.36$5,224
Dec 2015187032.362.00$6,051
Nov 2015375038.792.17$14,546
Oct 2015189043.552.43$8,231
Sep 2015354042.992.76$15,218
Aug 2015194040.162.87$7,791
Jul 2015351048.152.95$16,901
Jun 2015363056.152.88$20,382
May 2015189055.212.96$10,435
Apr 2015364049.822.71$18,134
Mar 2015369042.892.93$15,826
Feb 2015191044.662.98$8,530
Jan 2015372043.433.10$16,156
Dec 2014362054.693.59$19,798
Nov 2014187070.464.25$13,176
Oct 2014555078.303.90$43,457
Sep 20140086.164.05$0
Aug 2014365089.394.04$32,627
Jul 2014187096.564.18$18,057
Jun 2014367098.164.74$36,025
May 2014364094.734.73$34,482
Apr 2014181095.944.81$17,365
Mar 2014367095.895.06$35,192
Feb 2014362097.406.19$35,259
Jan 2014331090.404.86$29,922
Dec 2013354091.824.35$32,504
Nov 2013373088.853.74$33,141
Oct 2013374097.423.78$36,435
Sep 20131860104.113.72$19,364
Aug 20133660104.253.52$38,156
Jul 20135510102.523.72$56,489
Jun 2013365094.403.93$34,456
May 2013368094.834.15$34,897
Apr 2013349093.964.28$32,792
Mar 2013556093.623.91$52,053
Feb 2013188091.233.42$17,151
Jan 2013567091.603.42$51,937
Dec 2012330086.773.42$28,634
Nov 2012649086.953.62$56,431
Oct 2012177089.383.40$15,820
Sep 2012355094.672.92$33,608
Aug 2012192092.662.91$17,791
Jul 2012557085.133.02$47,417
Jun 2012314079.822.52$25,063
May 2012364091.612.49$33,346
Apr 20124880101.652.00$49,605
Mar 20123260105.052.22$34,246
Feb 20125250101.102.57$53,078
Jan 2012527098.092.73$51,693
Dec 2011380096.873.24$36,811
Nov 2011367095.723.31$35,129
Oct 2011570084.983.65$48,439
Sep 2011376083.623.99$31,441
Aug 2011558083.404.15$46,537
Jul 2011510094.144.52$48,011
Jun 2011359092.904.64$33,351
May 2011518098.134.40$50,831
Apr 20114790105.964.33$50,755
Mar 2011366096.364.06$35,268
Feb 2011554085.644.18$47,445
Jan 2011534086.504.59$46,191
Dec 2010693085.734.35$59,411
Nov 2010371080.843.80$29,992
Oct 2010733078.103.51$57,247
Sep 2010352072.633.98$25,566
Aug 2010838073.684.42$61,744
Jul 2010350072.554.74$25,393
Jun 2010488070.364.91$34,336
May 2010552071.124.24$39,258
Apr 2010539081.694.12$44,031
Mar 2010666078.394.39$52,208
Feb 2010726073.585.44$53,419
Jan 2010542074.365.96$40,303
Dec 2009539071.445.48$38,506
Nov 2009543074.593.75$40,502
Oct 2009686072.544.11$49,762
Sep 2009729065.543.06$47,779
Aug 2009553067.423.22$37,283
Jul 2009732061.133.46$44,747
Jun 2009711066.163.90$47,040
May 2009735054.743.93$40,234
Apr 2009538046.773.59$25,162
Mar 2009720042.144.06$30,341
Feb 2009726032.814.63$23,820
Jan 2009926035.865.37$33,206
Dec 2008176037.105.98$6,530
Nov 2008738055.496.86$40,952
Oct 2008727075.246.92$54,699
Sep 20087470101.767.88$76,015
Aug 20087420114.228.48$84,751
Jul 20087270131.0811.39$95,295
Jun 20089120131.3313.03$119,773
May 20086530123.1711.57$80,430
Apr 20081,2940110.3110.45$142,741
Mar 20085330101.909.66$54,313
Feb 2008373092.538.77$34,514
Jan 20081,109090.388.21$100,231
Dec 2007543088.337.30$47,963
Nov 2007735091.677.29$67,377
Oct 20071,132082.856.92$93,786
Sep 2007917075.846.24$69,545
Aug 2007742069.066.39$51,243
Jul 2007917070.906.39$65,015
Jun 2007562062.007.55$34,844
May 20071,110058.747.85$65,201
Apr 2007933059.617.81$55,616
Mar 2007379056.927.30$21,573
Feb 2007759055.108.22$41,821
Jan 2007939050.306.73$47,232
Dec 20061,099056.656.92$62,258
Nov 2006746054.207.62$40,433
Oct 2006729054.906.01$40,022
Sep 2006944060.085.04$56,716
Aug 2006944068.717.34$64,862
Jul 20061,481069.376.34$102,737
Jun 2006546066.286.38$36,189
May 2006970066.016.42$64,030
Apr 2006753064.397.36$48,486
Mar 20061,130056.707.08$64,071
Feb 2006927057.597.75$53,386
Jan 2006593060.598.93$35,930
Dec 2005736054.9413.42$40,436
Nov 20051,055054.6910.59$57,698
Oct 2005578058.3413.80$33,721
Sep 2005709061.4512.08$43,568
Aug 2005910061.519.80$55,974
Jul 2005543055.697.84$30,240
Jun 2005867052.337.38$45,370
May 20051,098045.226.65$49,652
Apr 2005757049.207.36$37,244
Mar 20051,102050.377.15$55,508
Feb 2005714045.226.31$32,287
Jan 2005723043.166.32$31,205
Dec 20041,07410039.866.75$43,485
Nov 200471710045.286.33$33,099
Oct 20041,10310049.706.52$55,471
Sep 20041,06210043.245.28$46,449
Aug 20041,05310042.375.55$45,171
Jul 20041,25010038.286.08$48,458
Jun 200471110036.106.43$26,310
May 20041,07510037.486.49$40,940
Apr 200489910034.475.86$31,574
Mar 20041,26615034.365.53$44,329
Feb 200490110032.455.51$29,788
Jan 20041,06610032.036.30$34,774
Dec 20031,08512530.266.30$33,620
Nov 20031,09810028.804.60$32,082
Oct 20031,44915028.174.76$41,532
Sep 20031,25515026.314.75$33,731
Aug 20031,08810029.765.13$32,892
Jul 20031,24510029.415.17$37,133
Jun 20031,45010028.565.98$42,010
May 20031,41210026.595.97$38,142
Apr 20031,43012526.675.41$38,814
Mar 20031,09310031.146.10$34,646
Feb 200390710033.487.93$31,159
Jan 20031,78410030.315.58$54,631
Dec 200288215026.914.85$24,463
Nov 20021,79315024.664.14$44,836
Oct 200288015026.464.23$23,919
Sep 20021,43715027.443.64$39,977
Aug 20021,36815025.963.16$35,988
Jul 20021,22715024.583.06$30,619
Jun 20021,69515023.733.34$40,723
May 20021,42710024.663.58$35,548
Apr 20021,57310023.653.51$37,553
Mar 20021,22610022.003.10$27,282
Feb 20021,39710018.222.38$25,691
Jan 20021,59610017.172.38$27,641
Dec 20011,28110016.932.36$21,924
Nov 20011,41310018.072.41$25,773
Oct 20011,52710019.782.53$30,457
Sep 20011,52410024.262.25$37,197
Aug 20011,51410024.873.05$37,959
Jul 20011,52510023.933.20$36,813
Jun 20011,62810024.563.82$40,366
May 20011,62310025.524.31$41,850
Apr 20011,35114024.685.34$34,090
Mar 20011,69613024.545.38$42,319
Feb 20011,54315027.755.77$43,683
Jan 20011,68715027.478.40$47,602
Dec 20001,79014526.889.12$49,438
Nov 20001,74414032.215.66$56,966
Oct 20001,72513031.235.15$54,541
Sep 20001,41014031.875.19$45,663
Aug 20001,35815029.644.54$40,932
Jul 20001,69115028.534.09$48,858
Jun 20001,55715029.304.40$46,280
May 20001,79015027.263.68$49,347
Apr 20001,69215024.513.12$41,938
Mar 20001,66915028.422.86$47,862
Feb 20001,76314027.622.73$49,076
Jan 20002,00115025.272.48$50,937
Dec 19991,73915024.282.42$42,586
Nov 19991,82115023.192.43$42,594
Oct 19991,82615520.982.80$38,744
Sep 19991,87715021.752.62$41,218
Aug 19991,87115019.262.88$36,467
Jul 19991,56315017.892.37$28,318
Jun 19991,81315015.942.36$29,254
May 19992,10315515.792.32$33,566
Apr 19991,58915015.102.21$24,325
Mar 19991,66715012.471.84$21,063
Feb 19991,7591509.981.82$17,827
Jan 19991,43915010.381.90$15,222
Dec 19981,3551509.201.77$12,732
Nov 19981,62915010.892.19$18,068
Oct 19981,60415012.421.97$20,217
Sep 19981,58515012.592.08$20,268
Aug 19981,55415011.301.91$17,846
Jul 19981,67615011.742.24$20,012
Jun 19981,42915011.242.24$16,398
May 19981,82615012.622.21$23,375
Apr 19981,72415513.042.51$22,869
Mar 19981,81115512.802.31$23,539
Feb 19981,70215013.952.30$24,088
Jan 19981,94315014.702.15$28,885
Dec 19972,03615516.322.41$33,601
Nov 19971,90515018.193.09$35,115
Oct 19971,84215519.253.15$35,947
Sep 19971,95215017.742.95$35,072
Aug 19971,98115517.862.55$35,777
Jul 19972,08515517.582.25$37,003
Jun 19972,10415017.242.26$36,612
May 19972,02615518.972.31$38,791
Apr 19972,17015017.882.08$39,112
Mar 19972,28215018.951.94$43,535
Feb 19971,84214020.492.21$38,051
Jan 19972,50915023.483.54$59,442
Dec 19962,47315523.32$57,670
Nov 19962,31115021.97$50,773
Oct 19962,33515523.31$54,429
Sep 19962,39915022.22$53,306
Aug 19962,63115520.26$53,304
Jul 19962,21014519.55$43,206
Jun 19962,50315018.73$46,881
May 19962,79715519.43$54,346
Apr 19962,72815021.51$58,679
Mar 19962,73815519.38$53,062
Feb 19962,65914516.98$45,150
Jan 19963,09716017.07$52,866
Dec 19953,01015517.19$51,742
Nov 19953,19115016.00$51,056
Oct 19953,00715515.43$46,398
Sep 19952,81216016.18$45,498
Aug 19953,14815515.92$50,116
Jul 19953,13615515.24$47,793
Jun 19953,22215016.41$52,873
May 19953,32315517.56$58,352
Apr 19953,30515017.73$58,598
Mar 19953,35815516.44$55,206
Feb 19952,99114016.58$49,591
Jan 19953,75415515.92$59,764
Dec 19943,79915515.03$57,099
Nov 19943,63315015.90$57,765
Oct 19944,30915515.58$67,134
Sep 19944,61515015.29$70,563
Aug 19944,18131016.13$67,440
Jul 19944,35331017.56$76,439
Jun 19944,36330017.09$74,564
May 19944,79331015.88$76,113
Apr 19945,20530014.14$73,599
Mar 19944,7671,20012.46$59,397
Feb 19944,7081,24012.50$58,850
Jan 19945,6031,27012.66$70,934
Dec 19935,6781,24012.33$70,010
Nov 19935,7581,23014.49$83,433
Oct 19936,3091,24015.85$99,998
Sep 19936,4941,20015.03$97,605
Aug 19936,4641,30015.66$101,226
Jul 19936,8741,24015.46$106,272
Jun 19936,6941,20016.79$112,392
May 19936,3131,24017.68$111,614
Apr 19936,5851,20018.05$118,859
Mar 19937,5121,24018.14$136,268
Feb 19936,7101,12017.90$120,109
Jan 19935,7131,27016.93$96,721

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
Oil                  175 bbl  × $106.41 =    $18,622
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,622

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. 09/O/17972 is the state's own key, not one this site invented.