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 - Aug 2024
Total Oil Production68,056 BBLs
Total Gas Production878,554 MCF
Recent Oil Production8 BBLs in Jul 2024
Recent Gas Production1,280 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for Margaret

ShaleAssessment™

$3,723 *

MarketMultiple™

$10,989 **

* 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 Aug 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, TX7 BBLs674 MCFAug 2024
CarmellaLee County, TX2 BBLs189 MCFAug 2024
Cleopatra Unit ILee County, TX449 BBLs5,653 MCFAug 2024
DaisyLee County, TX27 BBLs1,125 MCFAug 2024
DarleneLee County, TX30 BBLs841 MCFAug 2024
Delta DawnLee County, TX143 BBLs593 MCFAug 2024
DirkLee County, TX7 BBLs329 MCFAug 2024
GerdesLee County, TX23 BBLs1,813 MCFAug 2024
HarrietLee County, TX34 BBLs1,594 MCFAug 2024
HelenLee County, TX2 BBLs86 MCFAug 2024
JoanLee County, TX15 BBLs102 MCFAug 2024
Mary HelenLee County, TX45 BBLs1,494 MCFAug 2024
MaxyeLee County, TX23 BBLs639 MCFAug 2024
Oley UnitLee County, TX0 BBLs0 MCFOct 2023
Peterson, NancyLee County, TX51 BBLs1,279 MCFAug 2024
RoseLee County, TX25 BBLs419 MCFAug 2024
SelmaLee County, TX202 BBLs3,840 MCFAug 2024
WardLee County, TX53 BBLs637 MCFAug 2024
WubbenhorstLee County, TX113 BBLs855 MCFAug 2024
Yegua Creek RanchLee County, TX415 BBLs615 MCFAug 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
03-13939MARGARETAug 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETJun 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETJun 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETMay 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETApr 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETApr 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETMar 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETFeb 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETFeb 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETJan 2024DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETJan 2024TEXICAN CRUDE & HYDROCARBONS, LLCU.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 2023TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETJun 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETMay 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETApr 2023TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETApr 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETMar 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.