MARGARET 176

Operated by BLACK BOAR OPERATING LLC (P-5 100193) in the LIPSCOMB, S.E. (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9319District 10Field 53878250OilCasinghead gasSaveExport
Value, all time
$1.0 M
Dec 2014 – May 2026
Value, last 12 filed months
$297 k
at the published price for each month
Months reported
138
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 468 leases and 529 wells, and the rule below applies to all of them.

Discovered
1983-12-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-11-22.

The Commission's schedule remark for this field reads: FIELD

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
OilDisposition17,613 bbl$886,801
Casinghead gasProduction42,446 Mcf$141,956
Total$1,028,757

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 35.9252, -100.3411. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.92521, -100.34115 · 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
8,744 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 8,744 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-211354271H8,744 ftDec 2014

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 (138)

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

138 months

May 20261903,249106.413.05$30,114
Apr 20261903,56798.932.87$29,033
Mar 20261902,02789.753.15$23,436
Feb 20267611,42563.503.75$53,668
Jan 20267561,79959.138.00$59,091
Dec 20251,1977,75056.664.41$102,026
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 20230077.892.81$0
Oct 20230085.443.09$0
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 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
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 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202006516.921.81$118
Apr 2020171014.751.80$2,522
Mar 20200030.341.86$0
Feb 2020172049.881.98$8,579
Jan 20200057.252.09$0
Dec 2019174059.012.30$10,268
Nov 20190055.302.75$0
Oct 2019169053.472.42$9,036
Sep 2019172055.052.66$9,469
Aug 20190053.112.30$0
Jul 2019172056.272.46$9,678
Jun 20190052.782.49$0
May 2019169058.482.74$9,883
Apr 2019172062.632.75$10,772
Mar 201906856.803.06$208
Feb 2019175050.852.79$8,899
Jan 20190046.033.23$0
Dec 2018175046.594.19$8,153
Nov 20180052.934.24$0
Oct 2018177861.443.40$10,902
Sep 20181721359.543.11$10,281
Aug 2018174059.403.07$10,336
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018349065.382.90$22,818
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018174061.782.77$10,750
Jan 2018177062.874.01$11,128
Dec 20170057.272.92$0
Nov 20171731455.423.12$9,631
Oct 2017174049.292.98$8,576
Sep 20171756747.523.09$8,523
Aug 201707545.373.00$225
Jul 201717523143.873.09$8,390
Jun 2017171042.493.09$7,266
May 2017170045.373.26$7,713
Apr 2017172047.933.21$8,244
Mar 201717315146.772.98$8,542
Feb 2017137050.452.95$6,912
Jan 201734714349.413.42$17,634
Dec 2016015348.763.72$570
Nov 2016178042.492.64$7,563
Oct 2016175046.193.09$8,083
Sep 2016177041.553.10$7,354
Aug 201617514541.442.92$7,676
Jul 201617572441.622.92$9,401
Jun 201634285145.352.69$17,795
May 2016092342.521.99$1,838
Apr 201635158336.561.99$13,993
Mar 201617495633.011.79$7,459
Feb 20163481,06626.472.06$11,411
Jan 201634343227.352.36$10,402
Dec 201517950332.362.00$6,799
Nov 201517958138.792.17$8,203
Oct 201535281643.552.43$17,310
Sep 20153481,14742.992.76$18,124
Aug 201551799040.162.87$23,606
Jul 201534650248.152.95$18,138
Jun 20155211,05556.152.88$32,296
May 20153531,15655.212.96$22,906
Apr 20156761,62549.822.71$38,077
Mar 20157001,26342.892.93$33,730
Feb 20156822,00344.662.98$36,419
Jan 20151,6354,32043.433.10$84,403
Dec 2014592054.693.59$32,376

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                  190 bbl  × $106.41 =    $20,218
Casinghead gas     3,249 Mcf  × $  3.05 =     $9,896

────────────────────────────────────────────────────
Month total                                  $30,114

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. 10/O/9319 is the state's own key, not one this site invented.