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Texas oil lease

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MARGARET

Margaret is an oil lease in Howard County, Texas, operated by Mule Kick Operating LLC in the Signal Peak (Wolfcamp) field.

1 well

0bbl oil, last 12 months
RRC lease
08-38075

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for MARGARET, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The state shows zero output for every month we hold.Last 12 months: 0 bblbbl per monthmcf per month00120240360480Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production and gas for MARGARET, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The state shows zero output for every month we hold.Last 12 monthsbbl per monthmcf per month00120240360480Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 2 months reported

All of the gas went to a processing plant in the 2 months reportedShare of MARGARET gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 2 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the 2 months reportedShare of MARGARET gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 2 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Jun 2025

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to May 2025; Mule Kick Operating LLC, Jun 2025 to Jul 20262020202120222023202420252026Changed May 2024Changed Jun 2025Legacy Reserves Operating LPJan 2020 to Apr 2024Hibernia Resources IV, LLCMay 2024 to May 2025Mule Kick Operating LLCJun 2025 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Apr 2024; Hibernia Resources IV, LLC, May 2024 to May 2025; Mule Kick Operating LLC, Jun 2025 to Jul 20262020202120222023202420252026Changed May 2024Changed Jun 2025Legacy Reserves Operating LPJan 2020 to Apr 2024Hibernia Resources IV, LLCMay 2024 to May 2025Mule Kick Operating LLCJun 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MARGARET
API numberWell no.Status
42-227-360083504Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Bml, Inc. BOilGathers100Mar 1, 2019–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Ngl Crude Logistics, LLCOilGathers100Mar 1, 2016Mar 1, 2019

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

642 acres on the newest permit

Permits for Margaret
API numberWell no.Acreson the permit
42-227-360083504642

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for MARGARET
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Mule Kick000$80.46$2.89
Jun 2026Mule Kick000$84.81$3.15
May 2026Mule Kick000$102.13$2.94
Apr 2026Mule Kick000$100.32$2.77
Mar 2026Mule Kick000$91.38$3.04
Feb 2026Mule Kick000$64.51$3.62
Jan 2026Mule Kick000$60.04$7.72
Dec 2025Mule Kick000$57.97$4.26
Nov 2025Mule Kick000$60.06$3.79
Oct 2025Mule Kick000$60.89$3.19
Sep 2025Mule Kick000$63.96$2.97
Aug 2025Mule Kick000$64.86$2.91
Jul 2025Mule Kick000$68.39$3.20
Jun 2025Mule Kick000$68.17$3.02
May 2025Hibernia Resources000$62.17$3.12
Apr 2025Hibernia Resources000$63.54$3.42
Mar 2025Hibernia Resources000$68.24$4.12
Feb 2025Hibernia Resources000$71.53$4.19
Jan 2025Hibernia Resources000$75.74$4.13
Dec 2024Hibernia Resources000$70.12$3.01
Nov 2024Hibernia Resources000$69.95$2.12
Oct 2024Hibernia Resources000$71.99$2.20
Sep 2024Hibernia Resources000$70.24$2.28
Aug 2024Hibernia Resources000$76.68$1.99
Jul 2024Hibernia Resources000$81.80$2.07
Jun 2024Hibernia Resources000$79.77$2.54
May 2024Hibernia Resources000$80.02$2.12
Apr 2024Legacy Reserves000$85.35$1.60
Mar 2024Legacy Reserves000$81.28$1.49
Feb 2024Legacy Reserves000$77.25$1.72
Jan 2024Legacy Reserves000$74.15$3.18
Dec 2023Legacy Reserves000$71.90$2.52
Nov 2023Legacy Reserves53530$77.69$2.71
Oct 2023Legacy Reserves30300$85.64$2.98
Sep 2023Legacy Reserves000$89.43$2.64
Aug 2023Legacy Reserves000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Mule Kick Operating LLC in Howard County

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Signal Peak (Wolfcamp) field

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