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 2024
Total Oil Production67,607 BBLs
Total Gas Production866,035 MCF
Recent Oil Production49 BBLs in Dec 2023
Recent Gas Production1,412 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Margaret

ShaleAssessment™

$4,798 *

MarketMultiple™

$10,432 **

* 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 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, TX9 BBLs819 MCFJan 2024
CarmellaLee County, TX0 BBLs205 MCFJan 2024
Cleopatra Unit ILee County, TX558 BBLs7,543 MCFJan 2024
DaisyLee County, TX45 BBLs238 MCFJan 2024
DarleneLee County, TX70 BBLs1,923 MCFJan 2024
Delta DawnLee County, TX189 BBLs707 MCFJan 2024
DirkLee County, TX0 BBLs341 MCFJan 2024
GerdesLee County, TX24 BBLs2,024 MCFJan 2024
HarrietLee County, TX92 BBLs265 MCFJan 2024
HelenLee County, TX33 BBLs125 MCFJan 2024
Jensen Ray EstateLee County, TX2 BBLs0 MCFDec 2023
JoanLee County, TX22 BBLs107 MCFJan 2024
Mary HelenLee County, TX44 BBLs1,029 MCFJan 2024
MaxyeLee County, TX11 BBLs488 MCFJan 2024
Peterson, NancyLee County, TX83 BBLs1,094 MCFJan 2024
RoseLee County, TX34 BBLs446 MCFJan 2024
SelmaLee County, TX194 BBLs4,415 MCFJan 2024
WardLee County, TX51 BBLs840 MCFJan 2024
WubbenhorstLee County, TX127 BBLs896 MCFJan 2024
Yegua Creek RanchLee County, TX584 BBLs574 MCFJan 2024

Companies in the Area

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

Company Name
Brittany Drilling Co.
Champlin Exploration, Inc.
Creative Oil & Gas Operating,LLC
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
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
2023U S OPERATING INCMARGARET 1RE & 2U S OPERATING INC
2023U S PRODUCING PROPERTIES INCMARGARET 1RE & 2U S OPERATING INC
2023U S PRODUCING PROPERTIES INCMARGARET 1RE & 2U S OPERATING INC
2023WILLIAMS MAXMARGARET 1RE & 2U S OPERATING INC
2023LATCHFORD DAVID RMARGARET 1RE & 2U S OPERATING INC
2023GERDES GARY WMARGARET 1RE & 2U S OPERATING INC
2023JONES SALLYMARGARET 1RE & 2U S OPERATING INC
2023MACHEMEHL 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
03-13939MARGARETNov 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.
03-13939MARGARETFeb 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETFeb 2023TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETJan 2023DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETDec 2022TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETDec 2022DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETNov 2022DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETOct 2022DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETSep 2022DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETSep 2022TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETAug 2022DCP OPERATING COMPANY, LPU.S. OPERATING, INC.
03-13939MARGARETJul 2022TEXICAN CRUDE & HYDROCARBONS, LLCU.S. OPERATING, INC.
03-13939MARGARETJul 2022DCP OPERATING COMPANY, LPU.S. OPERATING, INC.