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Texas oil lease

Producing

MARGARET "36"

Margaret "36" is an oil lease in Irion County, Texas, operated by Clear Water Inc. in the Sugg-Irion (Wichita-Albany) field.

Oil lease dossier

1,448bbl oil, last 12 months+14% vs prior year
RRC lease
7C-15433

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Where it sits

This county

Irion CountyIrionTom GreenSchleicherSterlingGlasscockReaganCokeIrion County
Irion County
Gas, last 12 months
1,928 mcf
Oil in Jul 2026
110 bbl

Production by month

Oil output rose 14% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 14% over the last 12 monthsMonthly oil production and gas for MARGARET "36", Aug 2023 to Jul 2026. Oil output rose 14% over the last 12 months. 1,448 bbl in the 12 months through Jul 2026, against 1,269 bbl in the 12 months before.Last 12 months: 1,448 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 14% over the last 12 monthsMonthly oil production and gas for MARGARET "36", Aug 2023 to Jul 2026. Oil output rose 14% over the last 12 months. 1,448 bbl in the 12 months through Jul 2026, against 1,269 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Apr 2026 the lease's gas goes to lease fuel instead of a processing plant

  • Processing plant (3)
  • Lease fuel (1)
Since Apr 2026 the lease's gas goes to lease fuel instead of a processing plantShare of MARGARET "36" gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to lease fuel instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Apr 2026: plant to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Apr 2026 the lease's gas goes to lease fuel instead of a processing plantShare of MARGARET "36" gas by disposition code each month, Aug 2023 to Jul 2026. Since Apr 2026 the lease's gas goes to lease fuel instead of a processing plant.Share of gas by disposition code0%50%100%Apr 26: plant to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    60% · 1,165 mcf

  • Lease fuel (1)

    40% · 763 mcf

Who has run this lease

The operator changed once, most recently in Nov 2022

Operators of this lease over timeArkland Producing Co., Inc., Jan 2020 to Oct 2022; Clear Water Inc., Nov 2022 to Jul 20262020202120222023202420252026Changed Nov 2022Arkland Producing Co., Inc.Jan 2020 to Oct 2022Clear Water Inc.Nov 2022 to now
Operators of this lease over timeArkland Producing Co., Inc., Jan 2020 to Oct 2022; Clear Water Inc., Nov 2022 to Jul 20262020202120222023202420252026Changed Nov 2022Arkland Producing Co., Inc.Jan 2020 to Oct 2022Clear Water Inc.Nov 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Oct 1, 2020–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2022–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Nov 1, 2022–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2020Nov 1, 2022
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2020Nov 1, 2022
Targa Midstream Services LLCCasinghead gasGathers100Jun 1, 2017Oct 1, 2020
Targa Midstream Services LLCCasinghead gasBuys100Jun 1, 2017Oct 1, 2020
Plains Marketing, L.p.OilGathers100Jun 1, 2017Oct 1, 2020

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

320 acres on the newest permit

Permits for Margaret "36"
API numberWell no.Acreson the permit
42-235-326521320

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

Estimate your royalty

36 months, newest first

Ledger for MARGARET "36"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Clear Water1100105450$80.46$2.89
Jun 2026Clear Water12116895350$84.81$3.15
May 2026Clear Water13517391310$102.13$2.94
Apr 2026Clear Water87070100$100.32$2.77
Mar 2026Clear Water141172149890$91.38$3.04
Feb 2026Clear Water107174137770$64.51$3.62
Jan 2026Clear Water1371772171570$60.04$7.72
Dec 2025Clear Water13602061460$57.97$4.26
Nov 2025Clear Water1051652241640$60.06$3.79
Oct 2025Clear Water1281751881280$60.89$3.19
Sep 2025Clear Water10501811210$63.96$2.97
Aug 2025Clear Water1361742651620$64.86$2.91
Jul 2025Clear Water1141792241210$68.39$3.20
Jun 2025Clear Water1050183800$68.17$3.02
May 2025Clear Water121176180800$62.17$3.12
Apr 2025Clear Water136173140800$63.54$3.42
Mar 2025Clear Water1991381921320$68.24$4.12
Feb 2025Clear Water1181651721120$71.53$4.19
Jan 2025Clear Water1291651701100$75.74$4.13
Dec 2024Clear Water8402612010$70.12$3.01
Nov 2024Clear Water302411810$69.95$2.12
Oct 2024Clear Water601712531930$71.99$2.20
Sep 2024Clear Water10502802200$70.24$2.28
Aug 2024Clear Water951712351750$76.68$1.99
Jul 2024Clear Water9101661060$81.80$2.07
Jun 2024Clear Water1001711721120$79.77$2.54
May 2024Clear Water7101601000$80.02$2.12
Apr 2024Clear Water971792902300$85.35$1.60
Mar 2024Clear Water5601601000$81.28$1.49
Feb 2024Clear Water006000$77.25$1.72
Jan 2024Clear Water00128680$74.15$3.18
Dec 2023Clear Water00145850$71.90$2.52
Nov 2023Clear Water1111631921320$77.69$2.71
Oct 2023Clear Water1481701921320$85.64$2.98
Sep 2023Clear Water1571772762160$89.43$2.64
Aug 2023Clear Water2191653903300$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

Clear Water Inc. in Irion County

All Clear Water Inc. leases →

Sugg-Irion (Wichita-Albany) field

All leases in this field →

New drilling permits in Irion County

Newest in the county: this lease has no coordinates.