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Texas oil lease

Producing

MARGARET 176

Margaret 176 is an oil lease in Hemphill County, Texas, operated by Black Boar Operating LLC in the Lipscomb, S.e. (Cleveland) field.

1 well

3,376bbl oil, last 12 months
Operator
Black Boar Operating LLC
County
Hemphill County
Field
Lipscomb, S.e. (Cleveland)
RRC lease
10-09319

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Where it sits

This county

Hemphill CountyHemphillLipscombRobertsOchiltreeHemphill County
Hemphill County
Gas, last 12 months
20,389 mcf
Oil in Jul 2026
132 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Black Boar Operating LLC took over from Presidio Petroleum LLC in Dec 2025.

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

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Production by month

Oil output over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output over the last 12 monthsMonthly oil production and gas for MARGARET 176, Aug 2023 to Jul 2026. Oil output over the last 12 months. 3,376 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 months: 3,376 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output over the last 12 monthsMonthly oil production and gas for MARGARET 176, Aug 2023 to Jul 2026. Oil output over the last 12 months. 3,376 bbl in the 12 months through Jul 2026, against 0 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the 8 months reported

All of the gas went to a transmission line in the 8 months reportedShare of MARGARET 176 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 8 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 transmission line in the 8 months reportedShare of MARGARET 176 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 8 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 once, most recently in Dec 2025

Operators of this lease over timePresidio Petroleum LLC, Jan 2020 to Nov 2025; Black Boar Operating LLC, Dec 2025 to Jul 20262020202120222023202420252026Changed Dec 2025Presidio Petroleum LLCJan 2020 to Nov 2025Black Boar Operating LLCDec 2025 to now
Operators of this lease over timePresidio Petroleum LLC, Jan 2020 to Nov 2025; Black Boar Operating LLC, Dec 2025 to Jul 20262020202120222023202420252026Changed Dec 2025Presidio Petroleum LLCJan 2020 to Nov 2025Black Boar Operating LLCDec 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MARGARET 176
API numberWell no.Status
42-211-354271HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mission Petroleum Carriers, Inc.OilGathers100Dec 1, 2025–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015–
Eastex Crude Company, LLCOilGathers100Jan 1, 2023Dec 1, 2025
Eastex Crude CompanyOilGathers10Jan 1, 2021Jan 1, 2023
Mission Petroleum Carriers, Inc.OilGathers90Jan 1, 2021Jan 1, 2023
Eastex Crude CompanyOilGathers100Dec 15, 2014Jan 1, 2021

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

Who buys my oilOil price check

512.12 acres on the newest permit

Check your decimal on this lease
Permits for Margaret 176
API numberWell no.Acreson the permit
42-211-354271H512.12

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

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36 months, newest first

Ledger for MARGARET 176
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Black Boar1321904774770$80.46$2.89
Jun 2026Black Boar41095950$84.81$3.15
May 2026Black Boar1131903,2493,2490$102.13$2.94
Apr 2026Black Boar1831903,5673,5670$100.32$2.77
Mar 2026Black Boar2681902,0272,0270$91.38$3.04
Feb 2026Black Boar3827611,4251,4250$64.51$3.62
Jan 2026Black Boar9317561,7991,7990$60.04$7.72
Dec 2025Black Boar1,3261,1977,7507,7500$57.97$4.26
Nov 2025Presidio Petroleum00000$60.06$3.79
Oct 2025Presidio Petroleum00000$60.89$3.19
Sep 2025Presidio Petroleum00000$63.96$2.97
Aug 2025Presidio Petroleum00000$64.86$2.91
Jul 2025Presidio Petroleum00000$68.39$3.20
Jun 2025Presidio Petroleum00000$68.17$3.02
May 2025Presidio Petroleum00000$62.17$3.12
Apr 2025Presidio Petroleum00000$63.54$3.42
Mar 2025Presidio Petroleum00000$68.24$4.12
Feb 2025Presidio Petroleum00000$71.53$4.19
Jan 2025Presidio Petroleum00000$75.74$4.13
Dec 2024Presidio Petroleum00000$70.12$3.01
Nov 2024Presidio Petroleum00000$69.95$2.12
Oct 2024Presidio Petroleum00000$71.99$2.20
Sep 2024Presidio Petroleum00000$70.24$2.28
Aug 2024Presidio Petroleum00000$76.68$1.99
Jul 2024Presidio Petroleum00000$81.80$2.07
Jun 2024Presidio Petroleum00000$79.77$2.54
May 2024Presidio Petroleum00000$80.02$2.12
Apr 2024Presidio Petroleum00000$85.35$1.60
Mar 2024Presidio Petroleum00000$81.28$1.49
Feb 2024Presidio Petroleum00000$77.25$1.72
Jan 2024Presidio Petroleum00000$74.15$3.18
Dec 2023Presidio Petroleum00000$71.90$2.52
Nov 2023Presidio Petroleum00000$77.69$2.71
Oct 2023Presidio Petroleum00000$85.64$2.98
Sep 2023Presidio Petroleum00000$89.43$2.64
Aug 2023Presidio Petroleum00000$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

This lease belongs to

OperatorBlack Boar Operating LLCFieldLipscomb, S.e. (Cleveland)CountyHemphill County

Black Boar Operating LLC in Hemphill County

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Lipscomb, S.e. (Cleveland) field

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