MARGARET "36"

Operated by CLEAR WATER INC. (P-5 159643) in the ROCK PEN (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11579District 7CField 77622500NGPA filingOilCasinghead gasSaveExport
Value, all time
$4.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$193 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 52 leases and 144 wells, and the rule below applies to all of them.

Discovered
1976-06-04
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-02-04.

The Commission's schedule remark for this field reads: OPTIONAL 40 ACRE UNITS W/MAX 2100' DIAG.

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
NGPA2none

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
OilDisposition47,818 bbl$2,047,227
Casinghead gasProduction646,451 Mcf$2,713,901
Total$4,761,128

65,373 Mcf of this lease's gas, across 47 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 (3)

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 31.2466, -100.8444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.24601, -100.84430 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
6,860 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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

Between 6,780 and 7,692 ft, median 6,860 ft, over the 3 wells that filed a depth.

Completions filed
Feb 1986 – Jun 2003
3 of 3 wells

3 wells

42-2353265216,860 ftJun 2003Yes
42-2353378937,692 ftApr 2001
42-2353271826,780 ftFeb 1986

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 2026339396106.413.05$37,279
Apr 202616421098.932.87$16,827
Mar 202617730089.753.15$16,831
Feb 202617427463.503.75$12,077
Jan 202633943659.138.00$23,532
Dec 202518341256.664.41$12,187
Nov 202534944858.593.93$22,207
Oct 2025044059.383.30$1,454
Sep 202516733262.743.08$11,499
Aug 202517362663.933.01$12,947
Jul 202535251466.743.32$25,196
Jun 2025046266.483.13$1,445
May 202534436460.553.23$22,006
Apr 202516028062.363.54$10,970
Mar 202517438467.704.27$13,419
Feb 2025042270.884.34$1,832
Jan 202533945174.324.28$27,124
Dec 202415552268.993.12$12,323
Nov 202437144069.052.20$26,585
Oct 202417146871.372.28$13,272
Sep 202417155969.612.36$13,225
Aug 202434447075.632.06$26,987
Jul 202416049279.932.15$13,845
Jun 202435752178.082.63$29,247
May 202434761578.812.20$28,699
Apr 202437559784.451.66$32,659
Mar 2024014380.301.55$221
Feb 2024029576.091.78$526
Jan 2024025773.023.30$848
Dec 2023032071.262.61$835
Nov 2023030777.892.81$862
Oct 2023038385.443.09$1,182
Sep 2023054889.042.74$1,499
Aug 2023046780.522.67$1,248
Jul 2023043774.852.64$1,154
Jun 2023012068.962.26$271
May 2023012070.622.23$267
Apr 202316412078.122.24$13,080
Mar 2023049572.852.39$1,185
Feb 202313812075.112.47$10,661
Jan 2023012076.533.39$407
Dec 2022043976.415.73$2,515
Nov 2022012085.005.65$678
Oct 2022050987.185.86$2,985
Sep 2022085684.888.16$6,988
Aug 202218594394.529.13$26,093
Jul 20220882101.587.54$6,652
Jun 20220184115.097.98$1,468
May 20221761,060109.378.43$28,188
Apr 20221571,020104.226.84$23,337
Mar 20220910108.885.08$4,620
Feb 2022085591.054.86$4,154
Jan 202201,23981.844.54$5,622
Dec 202101,46171.323.90$5,697
Nov 202101,47277.435.24$7,709
Oct 202101,15179.795.71$6,577
Sep 20211741,00969.865.35$17,555
Aug 202117090666.024.22$15,047
Jul 202101,22570.783.98$4,878
Jun 2021070069.493.38$2,366
May 2021074963.483.02$2,260
Apr 202117874160.362.76$12,788
Mar 2021051261.302.72$1,391
Feb 2021046257.805.55$2,563
Jan 2021040750.412.81$1,144
Dec 2020052344.642.68$1,399
Nov 202033118238.772.71$13,325
Oct 2020034536.972.48$855
Sep 2020038137.091.99$759
Aug 2020032739.982.39$780
Jul 202017447638.371.83$7,545
Jun 202015257834.901.69$6,282
May 202034358416.921.81$6,863
Apr 2020081614.751.80$1,472
Mar 2020064230.341.86$1,192
Feb 2020070949.881.98$1,404
Jan 2020076357.252.09$1,598
Dec 201919089759.012.30$13,279
Nov 201917771655.302.75$11,758
Oct 201917477153.472.42$11,168
Sep 2019076655.052.66$2,035
Aug 201927577753.112.30$16,396
Jul 201917972656.272.46$11,858
Jun 2019073952.782.49$1,841
May 201918068658.482.74$12,406
Apr 201918764362.632.75$13,481
Mar 2019077556.803.06$2,373
Feb 201917563650.852.79$10,675
Jan 2019051346.033.23$1,656
Dec 201818264246.594.19$11,166
Nov 2018064752.934.24$2,741
Oct 201818371061.443.40$13,656
Sep 201817267559.543.11$12,339
Aug 201818375559.403.07$13,185
Jul 2018072165.142.93$2,114
Jun 201817873260.183.08$12,964
May 2018077265.382.90$2,239
Apr 2018073263.842.90$2,123
Mar 201818276761.222.79$13,280
Feb 2018061561.782.77$1,701
Jan 201818061362.874.01$13,774
Dec 2017068757.272.92$2,007
Nov 201718966555.423.12$12,548
Oct 201718487349.292.98$11,674
Sep 2017068447.523.09$2,112
Aug 201718770945.373.00$10,614
Jul 201718377243.873.09$10,412
Jun 2017044242.493.09$1,365
May 201718447545.373.26$9,898
Apr 201717656547.933.21$10,250
Mar 2017060746.772.98$1,811
Feb 2017050250.452.95$1,482
Jan 201715953649.413.42$9,689
Dec 201617765048.763.72$11,050
Nov 2016056542.492.64$1,494
Oct 201617664246.193.09$10,113
Sep 201617474841.553.10$9,549
Aug 201617497041.442.92$10,047
Jul 20161731,19441.622.92$10,692
Jun 201601,17045.352.69$3,142
May 20163561,09542.521.99$17,317
Apr 2016098636.561.99$1,963
Mar 2016064133.011.79$1,150
Feb 2016046426.472.06$958
Jan 201618150427.352.36$6,142
Dec 2015053432.362.00$1,069
Nov 201518052938.792.17$8,129
Oct 2015057343.552.43$1,390
Sep 201518054542.992.76$9,242
Aug 2015069040.162.87$1,982
Jul 201516862648.152.95$9,933
Jun 201517864656.152.88$11,857
May 201517866455.212.96$11,790
Apr 201517754249.822.71$10,285
Mar 201517348942.892.93$8,855
Feb 201517252844.662.98$9,253
Jan 2015090743.433.10$2,812
Dec 201417885854.693.59$12,816
Nov 2014081770.464.25$3,474
Oct 201417512078.303.90$14,171
Sep 201416372286.164.05$16,965
Aug 201417969089.394.04$18,785
Jul 2014043496.564.18$1,814
Jun 2014038898.164.74$1,838
May 201414454494.734.73$16,212
Apr 201418172395.944.81$20,842
Mar 201418078595.895.06$21,230
Feb 2014085397.406.19$5,282
Jan 20141761,12590.404.86$21,379
Dec 201301,24091.824.35$5,400
Nov 20131831,24788.853.74$20,921
Oct 20131771,32997.423.78$22,266
Sep 20131731,539104.113.72$23,733
Aug 20135201,808104.253.52$60,579
Jul 20130928102.523.72$3,450
Jun 2013096994.403.93$3,811
May 201301,57494.834.15$6,531
Apr 201301,68193.964.28$7,199
Mar 20131831,08893.623.91$21,390
Feb 201301,45091.233.42$4,959
Jan 201301,73691.603.42$5,937
Dec 201201,91486.773.42$6,546
Nov 201201,99486.953.62$7,228
Oct 201201,85089.383.40$6,289
Sep 201201,95894.672.92$5,714
Aug 20121811,96092.662.91$22,471
Jul 201201,96885.133.02$5,945
Jun 201201,67379.822.52$4,214
May 201201,47491.612.49$3,668
Apr 201201,301101.652.00$2,598
Mar 20121771,396105.052.22$21,696
Feb 201201,428101.102.57$3,670
Jan 201201,48898.092.73$4,068
Dec 201101,33296.873.24$4,315
Nov 201101,46395.723.31$4,844
Oct 201101,63584.983.65$5,965
Sep 201101,44083.623.99$5,740
Aug 20111791,37383.404.15$20,626
Jul 201101,57294.144.52$7,101
Jun 201101,22592.904.64$5,684
May 20111761,08198.134.40$22,032
Apr 201101,821105.964.33$7,891
Mar 201101,98996.364.06$8,070
Feb 201101,86085.644.18$7,775
Jan 20111841,84586.504.59$24,382
Dec 201001,93185.734.35$8,396
Nov 201001,27680.843.80$4,843
Oct 201001,74678.103.51$6,127
Sep 201001,71172.633.98$6,809
Aug 201001,49273.684.42$6,594
Jul 20101801,63972.554.74$20,822
Jun 201001,95970.364.91$9,619
May 201001,67771.124.24$7,102
Apr 201001,78281.694.12$7,347
Mar 201001,95278.394.39$8,567
Feb 201001,78173.585.44$9,693
Jan 20101831,86974.365.96$24,755
Dec 200901,83571.445.48$10,063
Nov 200902,04774.593.75$7,679
Oct 200901,99572.544.11$8,200
Sep 20091641,98065.543.06$16,817
Aug 200902,06867.423.22$6,656
Jul 200902,23961.133.46$7,757
Jun 20091801,86366.163.90$19,165
May 200902,14954.743.93$8,436
Apr 200902,41246.773.59$8,653
Mar 200901,64842.144.06$6,689
Feb 200901,40332.814.63$6,500
Jan 20091822,35535.865.37$19,175
Dec 20081802,61137.105.98$22,284
Nov 200802,37655.496.86$16,300
Oct 20081592,50475.246.92$29,296
Sep 200802,350101.767.88$18,511
Aug 200802,517114.228.48$21,352
Jul 200802,216131.0811.39$25,239
Jun 20081792,240131.3313.03$52,701
May 200802,227123.1711.57$25,776
Apr 200802,514110.3110.45$26,284
Mar 200802,620101.909.66$25,320
Feb 20081752,45092.538.77$37,681
Jan 200802,91290.388.21$23,895
Dec 200702,37688.337.30$17,349
Nov 200702,45491.677.29$17,894
Oct 200702,60382.856.92$18,018
Sep 20071732,54275.846.24$28,993
Aug 200702,53669.066.39$16,200
Jul 20071812,33870.906.39$27,768
Jun 200702,03662.007.55$15,369
May 200702,35758.747.85$18,494
Apr 200702,13159.617.81$16,633
Mar 20071772,30256.927.30$26,884
Feb 200702,15355.108.22$17,689
Jan 200702,66950.306.73$17,954
Dec 20061792,96456.656.92$30,647
Nov 20061752,98254.207.62$32,200
Oct 200602,67554.906.01$16,087
Sep 200602,52060.085.04$12,694
Aug 20061792,62668.717.34$31,574
Jul 200602,18069.376.34$13,827
Jun 20061692,05166.286.38$24,295
May 2006012066.016.42$771
Apr 200602,26764.397.36$16,686
Mar 20061802,20856.707.08$25,845
Feb 2006012057.597.75$930
Jan 200603,14060.598.93$28,051
Dec 2005012054.9413.42$1,610
Nov 20051833,09354.6910.59$42,758
Oct 200503,12458.3413.80$43,098
Sep 20051732,79861.4512.08$44,428
Aug 20051713,03161.519.80$40,212
Jul 200502,19055.697.84$17,178
Jun 200502,50852.337.38$18,512
May 20055122,36845.226.65$38,903
Apr 200502,73349.207.36$20,116
Mar 20051822,72850.377.15$28,686
Feb 200502,62045.226.31$16,537
Jan 20051793,47543.166.32$29,695
Dec 200403,36039.866.75$22,684
Nov 200402,78445.286.33$17,624
Oct 20041793,44649.706.52$31,347
Sep 200403,32943.245.28$17,590
Aug 200403,56242.375.55$19,771
Jul 20041772,88438.286.08$24,322
Jun 200403,07936.106.43$19,807
May 20041813,39737.486.49$28,846
Apr 20041793,17734.475.86$24,782
Mar 200403,22034.365.53$17,807
Feb 20041813,04032.455.51$22,623
Jan 200403,51132.036.30$22,118
Dec 20031773,69730.266.30$28,653
Nov 20031262,33428.804.60$14,354
Oct 20031422,78328.174.76$17,246
Sep 20032102,65426.314.75$18,130
Aug 20033902,54029.765.13$24,636
Jul 200322644729.415.17$8,958
Jun 20031282,32628.565.98$17,572
May 200303,35926.595.97$20,062
Apr 20031563,98126.675.41$25,687
Mar 20031554,14731.146.10$30,107
Feb 20031653,84633.487.93$36,007
Jan 20031654,03030.315.58$27,497
Dec 200203,89526.914.85$18,905
Nov 20021654,08924.664.14$20,985
Oct 20021634,20726.464.23$22,105
Sep 20021624,24627.443.64$19,880
Aug 20021634,51925.963.16$18,530
Jul 20021604,63424.583.06$18,121
Jun 20021574,60323.733.34$19,092
May 20023254,15724.663.58$22,913
Apr 20021614,09323.653.51$18,184
Mar 20023314,60522.003.10$21,570
Feb 20021594,12818.222.38$12,704
Jan 20021634,83717.172.38$14,290
Dec 20013204,54816.932.36$16,171
Nov 20011604,61418.072.41$13,990
Oct 20013274,87719.782.53$18,801
Sep 20013255,23924.262.25$19,679
Aug 20013104,79524.873.05$22,350
Jul 20016304,97223.933.20$30,972
Jun 20013165,01224.563.82$26,928
May 20014774,33225.524.31$30,832
Apr 20014343,25624.685.34$28,083
Mar 2001911,67124.545.38$11,217
Feb 2001941,68027.755.77$12,297
Jan 2001931,86127.478.40$18,185
Dec 2000901,47626.889.12$15,884
Nov 2000892,04832.215.66$14,454
Oct 2000972,35131.235.15$15,126
Sep 2000882,57631.875.19$16,165
Aug 20001833,22429.644.54$20,064
Jul 20003562,88828.534.09$21,968
Jun 2000241029.304.40$7,061
May 20008123,97827.263.68$36,773
Apr 20001723,67924.513.12$15,679
Mar 20001742,61428.422.86$12,420
Feb 20001873,09027.622.73$13,590
Jan 20001874,58625.272.48$16,101
Dec 19993744,19224.282.42$19,241
Nov 19991853,96023.192.43$13,929
Oct 19991863,28220.982.80$13,104
Sep 19993494,14321.752.62$18,441
Aug 19993654,35019.262.88$19,539
Jul 19993504,72017.892.37$17,459
Jun 19995555,10315.942.36$20,901
May 19995374,17715.792.32$18,174
Apr 19991,1102,63515.102.21$22,579
Mar 199901,06112.471.84$1,950
Feb 19991879779.981.82$3,642
Jan 199901,26410.381.90$2,402
Dec 19981901,2249.201.77$3,919
Nov 199801,11310.892.19$2,433
Oct 199801,15312.421.97$2,271
Sep 19981831,07812.592.08$4,549
Aug 199801,10511.301.91$2,108
Jul 199801,20011.742.24$2,685
Jun 199801,16911.242.24$2,615
May 199801,19412.622.21$2,634
Apr 199801,16113.042.51$2,909
Mar 19981881,16912.802.31$5,106
Feb 199801,04613.952.30$2,405
Jan 19981791,18114.702.15$5,176
Dec 19971771,21116.322.41$5,808
Nov 199701,15618.193.09$3,570
Oct 19971851,22719.253.15$7,426
Sep 199701,20817.742.95$3,570
Aug 19971881,28317.862.55$6,635
Jul 19971761,30417.582.25$6,024
Jun 199701,20517.242.26$2,720
May 19971831,28518.972.31$6,438
Apr 19971751,25517.882.08$5,743
Mar 199701,24818.951.94$2,420
Feb 19971881,07820.492.21$6,230
Jan 19971891,20623.483.54$8,707
Dec 199601,27023.32$0
Nov 19961901,23621.97$4,174
Oct 19961741,22423.31$4,056
Sep 199601,29022.22$0
Aug 19961211,37020.26$2,451
Jul 19961771,40319.55$3,460
Jun 19961831,32718.73$3,428
May 19961851,41619.43$3,595
Apr 199601,38621.51$0
Mar 19963091,39619.38$5,988
Feb 19960016.98$0
Jan 19963731,35317.07$6,367
Dec 199501,45417.19$0
Nov 199511,44516.00$16
Oct 19953641,47815.43$5,617
Sep 199501,52216.18$0
Aug 19953711,64815.92$5,906
Jul 199501,69615.24$0
Jun 199501,45416.41$0
May 19953681,55817.56$6,462
Apr 199501,49717.73$0
Mar 19953801,61216.44$6,247
Feb 199511,55516.58$17
Jan 199501,73515.92$0
Dec 19943591,78715.03$5,396
Nov 199421,73815.90$32
Oct 19943661,85515.58$5,702
Sep 199401,95215.29$0
Aug 19943492,04616.13$5,629
Jul 199412,04817.56$18
Jun 19943302,01317.09$5,640
May 19947132,21415.88$11,322
Apr 199401,56114.14$0
Mar 199418176112.46$2,255
Feb 199417976112.50$2,238
Jan 1994087412.66$0
Dec 1993086312.33$0
Nov 199335586114.49$5,144
Oct 199301,02615.85$0
Sep 1993197715.03$15
Aug 199301,13115.66$0
Jul 19933561,10215.46$5,504
Jun 199301,01816.79$0
May 19933621,12917.68$6,400
Apr 199301,08218.05$0
Mar 199301,11418.14$0
Feb 199301,03717.90$0
Jan 19933621,09816.93$6,129

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                  339 bbl  × $106.41 =    $36,073
Casinghead gas       396 Mcf  × $  3.05 =     $1,206

────────────────────────────────────────────────────
Month total                                  $37,279

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. 7C/O/11579 is the state's own key, not one this site invented.