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Royalty Clerk

Texas gas well

Producing

MARGARET

Margaret is a gas well in Sterling County, Texas, operated by Burk Royalty Co., Ltd. in the Conger (Penn) field.

1 well

9,039mcf gas, last 12 months+2% vs prior year
RRC lease
08-277465

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Where it sits

This county

Sterling CountySterlingTom GreenMitchellNolanGlasscockHowardCokeSterling County
Sterling County
Oil, last 12 months
726 bbl
Gas in Jul 2026
750 mcf

Checks stopped on this lease?

  • Buyer

    Buyer changed: TARGA PIPELINE MID-CONTINENT LLC replaced SLANT OPERATING, LLC as the buyer of this lease's gas from gas wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output held steady over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output held steady over the last 12 monthsMonthly gas production and oil for MARGARET, Aug 2023 to Jul 2026. Gas output held steady over the last 12 months. 9,039 mcf in the 12 months through Jul 2026, against 8,833 mcf in the 12 months before.Last 12 months: 9,039 mcfmcf per monthbbl per month00200504001006001508002001,000250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output held steady over the last 12 monthsMonthly gas production and oil for MARGARET, Aug 2023 to Jul 2026. Gas output held steady over the last 12 months. 9,039 mcf in the 12 months through Jul 2026, against 8,833 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00200504001006001508002001,000250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
95% of the gas went to a processing plant in the last 12 monthsShare of MARGARET gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a processing plant in the last 12 monthsShare of MARGARET gas by disposition code each month, Aug 2023 to Jul 2026. 95% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 8,570 mcf

  • Lease fuel (1)

    5.2% · 469 mcf

Who has run this lease

The operator changed 2 times, most recently in Jan 2022

Operators of this lease over timeStanolind Production LLC, Jan 2020 to Dec 2020; Slant Operating, LLC, Jan 2021 to Dec 2021; Burk Royalty Co., Ltd., Jan 2022 to Jul 20262020202120222023202420252026Changed Jan 2021Changed Jan 2022Stanolind Production LLCJan 2020 to Dec 2020Slant Operating, LLCJan 2021 to Dec 2021Burk Royalty Co., Ltd.Jan 2022 to now
Operators of this lease over timeStanolind Production LLC, Jan 2020 to Dec 2020; Slant Operating, LLC, Jan 2021 to Dec 2021; Burk Royalty Co., Ltd., Jan 2022 to Jul 20262020202120222023202420252026Changed Jan 2021Changed Jan 2022Stanolind Production LLCJan 2020 to Dec 2020Slant Operating, LLCJan 2021 to Dec 2021Burk Royalty Co., Ltd.Jan 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MARGARET
API numberWell no.Status
42-431-30772213Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BCondensateGathers100Mar 1, 2026–
Targa Pipeline Mid-Continent LLCGas-well gasBuys100Mar 1, 2026–
Targa Pipeline Mid-Continent LLCGas-well gasGathers100Mar 1, 2026–
Plains Marketing, L.p.CondensateGathers100Nov 1, 2020Mar 1, 2026
Slant Operating, LLCGas-well gasGathers100Jan 1, 2021Mar 1, 2026
Slant Operating, LLCGas-well gasBuys100Jan 1, 2021Mar 1, 2026
Stanolind Production LLCGas-well gasGathers100Aug 1, 2018Jan 1, 2021
Stanolind Production LLCGas-well gasBuys100Nov 1, 2018Jan 1, 2021
Stanolind Production LLCCondensateGathers100Aug 1, 2018Nov 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

647 acres on the newest permit

Permits for Margaret
API numberWell no.Acreson the permit
42-431-30772213647

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for MARGARET
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Burk Royalty64667507130$80.46$2.89
Jun 2026Burk Royalty55527507170$84.81$3.15
May 2026Burk Royalty45477106600$102.13$2.94
Apr 2026Burk Royalty49497376980$100.32$2.77
Mar 2026Burk Royalty71727557190$91.38$3.04
Feb 2026Burk Royalty57576996670$64.51$3.62
Jan 2026Burk Royalty68667717290$60.04$7.72
Dec 2025Burk Royalty43437797340$57.97$4.26
Nov 2025Burk Royalty41397707310$60.06$3.79
Oct 2025Burk Royalty46497977590$60.89$3.19
Sep 2025Burk Royalty35357557170$63.96$2.97
Aug 2025Burk Royalty1521787667260$64.86$2.91
Jul 2025Burk Royalty1921997947500$68.39$3.20
Jun 2025Burk Royalty1901917877440$68.17$3.02
May 2025Burk Royalty2222148197700$62.17$3.12
Apr 2025Burk Royalty112867527070$63.54$3.42
Mar 2025Burk Royalty76757517110$68.24$4.12
Feb 2025Burk Royalty73785735440$71.53$4.19
Jan 2025Burk Royalty76668357930$75.74$4.13
Dec 2024Burk Royalty22228818360$70.12$3.01
Nov 2024Burk Royalty18185575300$69.95$2.12
Oct 2024Burk Royalty28268988560$71.99$2.20
Sep 2024Burk Royalty20226336050$70.24$2.28
Aug 2024Burk Royalty935535260$76.68$1.99
Jul 2024Burk Royalty004294090$81.80$2.07
Jun 2024Burk Royalty253052910$79.77$2.54
May 2024Burk Royalty12146225940$80.02$2.12
Apr 2024Burk Royalty1172222120$85.35$1.60
Mar 2024Burk Royalty12115825500$81.28$1.49
Feb 2024Burk Royalty11126005680$77.25$1.72
Jan 2024Burk Royalty10117366980$74.15$3.18
Dec 2023Burk Royalty1097647210$71.90$2.52
Nov 2023Burk Royalty997256850$77.69$2.71
Oct 2023Burk Royalty13147487090$85.64$2.98
Sep 2023Burk Royalty887637220$89.43$2.64
Aug 2023Burk Royalty1097727330$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Burk Royalty Co., Ltd. in Sterling County

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Conger (Penn) field

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