Texas oil lease
ProducingMARGARET "36"
Margaret "36" is an oil lease in Irion County, Texas, operated by Clear Water Inc. in the Rock Pen (Canyon) field.
3 wells
- Operator
- Clear Water Inc.
- County
- Irion County
- Field
- Rock Pen (Canyon)
- RRC lease
- 7C-11579
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 4,826 mcf
- Oil in Jul 2026
- 198 bbl
Other leases named Margaret "36"
- 7C-11579, oil leaseThis leaseProducing2,381 bbllast 12 reported months
- 7C-15433, oil leaseProducing1,448 bbllast 12 reported months
Production by month
Oil output fell 4% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since May 2026 the lease's gas goes to a processing plant instead of lease fuel
- Processing plant (3)
- Lease fuel (1)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
66% · 3,204 mcf
Lease fuel (1)
34% · 1,622 mcf
Who has run this lease
The operator changed once, most recently in Nov 2022
- Clear Water Inc. Nov 2022 to now
- Arkland Producing Co., Inc. Jan 2020 to Oct 2022
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
3 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-235-32652 | 1 | Active |
| 42-235-32718 | 2 | Active |
| 42-235-33789 | 3 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Dorado Oil Company | Oil | Gathers | 100 | Oct 1, 2020 | – |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Buys | 100 | Nov 1, 2022 | – |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Gathers | 100 | Nov 1, 2022 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Oct 1, 2020 | Nov 1, 2022 |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Oct 1, 2020 | Nov 1, 2022 |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Oct 1, 2011 | Oct 1, 2020 |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Oct 1, 2011 | Oct 1, 2020 |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Mar 1, 2002 | Oct 1, 2020 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
320 acres on the newest permit
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-235-32652 | 1 | Jul 21, 2003 | Sep 27, 1985 | 320 |
| 42-235-33789 | 3 | May 15, 2001 | Apr 17, 2001 | 320 |
| 42-235-32718 | 2 | Dec 16, 1985 | Feb 7, 1986 | 320 |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Clear Water | 198 | 180 | 521 | 401 | 0 | $80.46 | $2.89 |
| Jun 2026Clear Water | 175 | 171 | 431 | 311 | 0 | $84.81 | $3.15 |
| May 2026Clear Water | 216 | 339 | 396 | 276 | 0 | $102.13 | $2.94 |
| Apr 2026Clear Water | 174 | 164 | 210 | 90 | 0 | $100.32 | $2.77 |
| Mar 2026Clear Water | 208 | 177 | 300 | 180 | 0 | $91.38 | $3.04 |
| Feb 2026Clear Water | 205 | 174 | 274 | 154 | 0 | $64.51 | $3.62 |
| Jan 2026Clear Water | 234 | 339 | 436 | 316 | 0 | $60.04 | $7.72 |
| Dec 2025Clear Water | 259 | 183 | 412 | 292 | 0 | $57.97 | $4.26 |
| Nov 2025Clear Water | 208 | 349 | 448 | 328 | 0 | $60.06 | $3.79 |
| Oct 2025Clear Water | 99 | 0 | 440 | 320 | 0 | $60.89 | $3.19 |
| Sep 2025Clear Water | 183 | 167 | 332 | 212 | 0 | $63.96 | $2.97 |
| Aug 2025Clear Water | 222 | 173 | 626 | 324 | 0 | $64.86 | $2.91 |
| Jul 2025Clear Water | 254 | 352 | 514 | 212 | 0 | $68.39 | $3.20 |
| Jun 2025Clear Water | 185 | 0 | 462 | 160 | 0 | $68.17 | $3.02 |
| May 2025Clear Water | 170 | 344 | 364 | 160 | 0 | $62.17 | $3.12 |
| Apr 2025Clear Water | 188 | 160 | 280 | 160 | 0 | $63.54 | $3.42 |
| Mar 2025Clear Water | 143 | 174 | 384 | 264 | 0 | $68.24 | $4.12 |
| Feb 2025Clear Water | 163 | 0 | 422 | 302 | 0 | $71.53 | $4.19 |
| Jan 2025Clear Water | 236 | 339 | 451 | 331 | 0 | $75.74 | $4.13 |
| Dec 2024Clear Water | 245 | 155 | 522 | 402 | 0 | $70.12 | $3.01 |
| Nov 2024Clear Water | 206 | 371 | 440 | 320 | 0 | $69.95 | $2.12 |
| Oct 2024Clear Water | 233 | 171 | 468 | 348 | 0 | $71.99 | $2.20 |
| Sep 2024Clear Water | 253 | 171 | 559 | 439 | 0 | $70.24 | $2.28 |
| Aug 2024Clear Water | 213 | 344 | 470 | 350 | 0 | $76.68 | $1.99 |
| Jul 2024Clear Water | 274 | 160 | 492 | 372 | 0 | $81.80 | $2.07 |
| Jun 2024Clear Water | 270 | 357 | 521 | 401 | 0 | $79.77 | $2.54 |
| May 2024Clear Water | 329 | 347 | 615 | 495 | 0 | $80.02 | $2.12 |
| Apr 2024Clear Water | 540 | 375 | 597 | 477 | 0 | $85.35 | $1.60 |
| Mar 2024Clear Water | 2 | 0 | 143 | 23 | 0 | $81.28 | $1.49 |
| Feb 2024Clear Water | 9 | 0 | 295 | 175 | 0 | $77.25 | $1.72 |
| Jan 2024Clear Water | 0 | 0 | 257 | 137 | 0 | $74.15 | $3.18 |
| Dec 2023Clear Water | 0 | 0 | 320 | 200 | 0 | $71.90 | $2.52 |
| Nov 2023Clear Water | 0 | 0 | 307 | 187 | 0 | $77.69 | $2.71 |
| Oct 2023Clear Water | 0 | 0 | 383 | 263 | 0 | $85.64 | $2.98 |
| Sep 2023Clear Water | 2 | 0 | 548 | 428 | 0 | $89.43 | $2.64 |
| Aug 2023Clear Water | 0 | 0 | 467 | 347 | 0 | $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
Clear Water Inc. in Irion County
- MARGARET "36"
1,448 bbl
- PERUNA
15,774 mcf
- SUGGS 73
718 bbl
- SUGGS 71
519 bbl
- CARTER
380 bbl
- EVANS "A"
68 bbl
- EVANS "A"
51 bbl
- EVANS
29 bbl
Rock Pen (Canyon) field
- OGLESBY "C"
294 bbl
- FARMAR-SUGG 21
169 bbl
- EVANS "A"
68 bbl
- HERMAN
31 bbl
- EVANS
29 bbl
Leases within 10 km
- HERMAN
31 bbl · 0.6 km
- EVANS "B"
0 bbl · 0.9 km
- EVANS "A"
68 bbl · 1.3 km
- LINDLEY "A"
0 bbl · 1.5 km
- EVANS
29 bbl · 1.7 km
- MAGRUDER
0 bbl · 2.1 km
- MAGRUDER
156 bbl · 2.2 km
- LINDLEY, FRANK
0 bbl · 2.5 km
- MAGRUDER
152 bbl · 2.7 km
- OGLESBY 'C'
149 bbl · 2.9 km
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