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

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Margaret

CountyLee County, TX
OperatorU. S. OPERATING, INC.
Production DatesSep 2000 - Oct 2024
Total Oil Production68,145 BBLs
Total Gas Production881,685 MCF
Recent Oil Production43 BBLs in Sep 2024
Recent Gas Production1,593 MCF in Sep 2024
Wells on Property2

Our Valuation Estimates for Margaret

ShaleAssessment™

$3,615 *

MarketMultiple™

$10,155 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Margaret
from Sep 2000 to Oct 2024

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, TX17 BBLs844 MCFOct 2024
CarmellaLee County, TX0 BBLs220 MCFOct 2024
Cleopatra Unit ILee County, TX482 BBLs6,526 MCFOct 2024
DaisyLee County, TX35 BBLs1,319 MCFOct 2024
DarleneLee County, TX35 BBLs1,131 MCFOct 2024
Delta DawnLee County, TX186 BBLs660 MCFOct 2024
DirkLee County, TX11 BBLs326 MCFOct 2024
GerdesLee County, TX55 BBLs2,461 MCFOct 2024
HarrietLee County, TX66 BBLs354 MCFOct 2024
HelenLee County, TX2 BBLs102 MCFOct 2024
JoanLee County, TX23 BBLs110 MCFOct 2024
Mary HelenLee County, TX28 BBLs1,313 MCFOct 2024
MaxyeLee County, TX10 BBLs756 MCFOct 2024
Oley UnitLee County, TX0 BBLs850 MCFOct 2024
Peterson, NancyLee County, TX138 BBLs1,342 MCFOct 2024
RoseLee County, TX34 BBLs385 MCFOct 2024
SelmaLee County, TX146 BBLs3,620 MCFOct 2024
WardLee County, TX67 BBLs761 MCFOct 2024
WubbenhorstLee County, TX124 BBLs870 MCFOct 2024
Yegua Creek RanchLee County, TX534 BBLs720 MCFSep 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
Dynamic Production, Inc.
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
Paleo Oil Company LLC
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.