Margaret

Oil & Gas Property in Lee County, TX

  2. Texas
  3. Lee County, TX
  4. Oil & Gas Properties in Lee County, TX
  5. Margaret Oil & Gas Property

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Property Summary

Key data points for Margaret

CountyLee County, TX
OperatorU. S. OPERATING, INC.
Production DatesSep 2000 - Jan 2025
Total Oil Production68,276 BBLs
Total Gas Production884,392 MCF
Recent Oil Production62 BBLs in Dec 2024
Recent Gas Production768 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for Margaret

ShaleAssessment™

$3,461 *

MarketMultiple™

$10,624 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Margaret Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Margaret
from Sep 2000 to Jan 2025

Wells on Margaret

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-287-30691MARGARET 2U. S. OPERATING, INC.ProducingLee County, TX30.289486-96.795532
42-287-30776MARGARET 1REU. S. OPERATING, INC.ProducingLee County, TX30.291971-96.798353

Leases included in Margaret

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-130748MARGARET 2U. S. OPERATING, INC.Lee County, TX
03-13939MARGARETU. S. OPERATING, INC.Lee County, TX

Nearby Properties

These are the closest 20 properties to the Margaret property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
America UnitLee County, TX2 BBLs0 MCFDec 2024
CarmellaLee County, TX2 BBLs110 MCFDec 2024
Cleopatra Unit ILee County, TX201 BBLs3,205 MCFJan 2025
DaisyLee County, TX57 BBLs641 MCFJan 2025
DarleneLee County, TX25 BBLs747 MCFJan 2025
Delta DawnLee County, TX99 BBLs361 MCFJan 2025
DirkLee County, TX4 BBLs196 MCFJan 2025
GerdesLee County, TX43 BBLs1,299 MCFJan 2025
HarrietLee County, TX38 BBLs738 MCFJan 2025
HelenLee County, TX2 BBLs76 MCFDec 2024
JoanLee County, TX10 BBLs45 MCFJan 2025
Mary HelenLee County, TX23 BBLs752 MCFJan 2025
MaxyeLee County, TX5 BBLs333 MCFJan 2025
Oley UnitLee County, TX33 BBLs808 MCFDec 2024
Peterson NancyLee County, TX34 BBLs519 MCFJan 2025
RoseLee County, TX57 BBLs196 MCFJan 2025
SelmaLee County, TX120 BBLs2,225 MCFJan 2025
WardLee County, TX18 BBLs335 MCFDec 2024
WubbenhorstLee County, TX34 BBLs26 MCFDec 2024
Yegua Creek RanchLee County, TX527 BBLs470 MCFDec 2024

Companies in the Area

These are the closest 20 companies operating near the Margaret property.

Company Name
Brittany Drilling Co.
Champlin Exploration, Inc.
Dallas Petroleum Group, LLC
Ernest Operating Company
Estate Oil & Gas Corp.
Gantt Operating Company, Inc.
Gemini Exploration Company
Kaiser-Francis Oil Company
Leexus Oil LLC
Magnolia Oil & Gas Operating LLC
Poco LLC
Redbud E & P, Inc.
San Dia Producing Company
Sha-Jam Operating Corp.
Tex-Lee Operating Company
U. S. Operating, Inc.
Union Pacific Austin Chalk Co.
United Oil & Minerals, Inc.
WCS Oil & Gas Corporation
Wildfire Energy Operating LLC

Owners of Margaret

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024U S OPERATING INCMARGARET 1RE & 2U S OPERATING INC
2024U S PRODUCING PROPERTIES INCMARGARET 1RE & 2U S OPERATING INC
2024U S PRODUCING PROPERTIES INCMARGARET 1RE & 2U S OPERATING INC
2024WILLIAMS MAXMARGARET 1RE & 2U S OPERATING INC
2024LATCHFORD DAVID RMARGARET 1RE & 2U S OPERATING INC
2024GERDES GARY WMARGARET 1RE & 2U S OPERATING INC
2024JONES SALLYMARGARET 1RE & 2U S OPERATING INC
2024MACHEMEHL CHUCKMARGARET 1RE & 2U S OPERATING INC
Displaying 8 of 16 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Margaret

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-13939MARGARETOct 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETSep 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETAug 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETAug 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETJun 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETJun 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETMay 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETApr 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETApr 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETMar 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETFeb 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETFeb 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETJan 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETJan 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETDec 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETNov 2023TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETNov 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETOct 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETSep 2023TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETSep 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETAug 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETJul 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETJun 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETJun 2023TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETMay 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.