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Texas oil lease

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MARGARET UNIT 2

Margaret Unit 2 is an oil lease in Karnes County, Texas, operated by Silver Hill Energy Operating LLC in the Eagleville (Eagle Ford-2) field.

Oil lease dossier

2,605bbl oil, last 12 months−11% vs prior year
RRC lease
02-13214

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil in Jul 2026
531 bbl
Reporting since
Apr 2024

Production by month

Oil output fell 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for MARGARET UNIT 2, Apr 2024 to Jul 2026. Oil output fell 11% over the last 12 months. 2,605 bbl in the 12 months through Jul 2026, against 2,933 bbl in the 12 months before.Last 12 months: 2,605 bblbbl per monthmcf per month0020050400100600150800200Apr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for MARGARET UNIT 2, Apr 2024 to Jul 2026. Oil output fell 11% over the last 12 months. 2,605 bbl in the 12 months through Jul 2026, against 2,933 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020050400100600150800200Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the only month reported

Flaring peaked at 100.0% of the gas in Nov 2024.

All of the gas went to flaring in the only month reportedShare of MARGARET UNIT 2 gas by disposition code each month, Apr 2024 to Jul 2026. All of the gas went to flaring in the only month reported. Flaring peaked at 100.0% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Apr 24JulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the only month reportedShare of MARGARET UNIT 2 gas by disposition code each month, Apr 2024 to Jul 2026. All of the gas went to flaring in the only month reported. Flaring peaked at 100.0% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the only month reported. One month above 3%.

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%From
Plains Marketing, L.p.OilGathers100May 1, 2024

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

259.58 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Margaret Unit 2
API numberWell no.Acreson the permit
42-255-319772H259.58

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

Estimate your royalty

28 months, newest first

Ledger for MARGARET UNIT 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026531338000$80.46$2.89
Jun 202600000$84.81$3.15
May 2026197273000$102.13$2.94
Apr 202618896000$100.32$2.77
Mar 2026224201000$91.38$3.04
Feb 2026184202000$64.51$3.62
Jan 2026254283000$60.04$7.72
Dec 2025232198000$57.97$4.26
Nov 2025276294000$60.06$3.79
Oct 2025153277000$60.89$3.19
Sep 2025147188000$63.96$2.97
Aug 2025219286000$64.86$2.91
Jul 2025190371000$68.39$3.20
Jun 2025142275000$68.17$3.02
May 2025199311000$62.17$3.12
Apr 2025244315000$63.54$3.42
Mar 2025217317000$68.24$4.12
Feb 2025198210000$71.53$4.19
Jan 2025221314000$75.74$4.13
Dec 2024308209000$70.12$3.01
Nov 20242553081340134$69.95$2.12
Oct 2024331293000$71.99$2.20
Sep 2024303406000$70.24$2.28
Aug 2024325198000$76.68$1.99
Jul 2024296399000$81.80$2.07
Jun 2024472199000$79.77$2.54
May 2024303329000$80.02$2.12
Apr 2024272157000$85.35$1.60

Flared above 3%

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

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Nearby

Silver Hill Energy Operating LLC in Karnes County

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New drilling permits in Karnes County

Newest in the county: this lease has no coordinates.