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Texas oil lease

Producing

MARGARET UNIT 3

Margaret Unit 3 is an oil lease in Karnes County, Texas, operated by Silver Hill Energy Operating LLC in the Eagleville (Eagle Ford-2) field.

1 well

4,252bbl oil, last 12 months+9% vs prior year
RRC lease
02-10026

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Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil in Jul 2026
417 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Silver Hill Energy Operating LLC took over from 1776 Energy Operators, LLC in Nov 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Mar 31, 2026 (last P-5 filed Jun 10, 2025).

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

See why checks stop on this lease

Production by month

Oil output rose 9% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 9% over the last 12 monthsMonthly oil production for MARGARET UNIT 3, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 4,252 bbl in the 12 months through Jul 2026, against 3,911 bbl in the 12 months before.Last 12 months: 4,252 bblbbl per month0200400600800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 9% over the last 12 monthsMonthly oil production for MARGARET UNIT 3, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 4,252 bbl in the 12 months through Jul 2026, against 3,911 bbl in the 12 months before.Last 12 monthsbbl per month0200400600800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Nov 2025

Operators of this lease over time1776 Energy Operators, LLC, Jan 2020 to Oct 2025; Silver Hill Energy Operating LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 20251776 Energy Operators, LLCJan 2020 to Oct 2025Silver Hill Energy Operating…Nov 2025 to now
Operators of this lease over time1776 Energy Operators, LLC, Jan 2020 to Oct 2025; Silver Hill Energy Operating LLC, Nov 2025 to Jul 20262020202120222023202420252026Changed Nov 20251776 Energy Operators, LLCJan 2020 to Oct 2025Silver Hill Energy Operating LLCNov 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MARGARET UNIT 3
API numberWell no.Status
42-255-320791HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Oct 1, 2025–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Oct 1, 2025
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Oct 1, 2025
Phillips 66 CompanyOilGathers100Apr 7, 2016Oct 1, 2025

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

291.35 acres on the newest permit

Permits for Margaret Unit 3
API numberWell no.Acreson the permit
42-255-320791H291.35

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

Estimate your royalty

36 months, newest first

Ledger for MARGARET UNIT 3
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Silver Hill417365$80.46$2.89
Jun 2026Silver Hill424536$84.81$3.15
May 2026Silver Hill590555$102.13$2.94
Apr 2026Silver Hill1100$100.32$2.77
Mar 2026Silver Hill199192$91.38$3.04
Feb 2026Silver Hill363527$64.51$3.62
Jan 2026Silver Hill369486$60.04$7.72
Dec 2025Silver Hill458344$57.97$4.26
Nov 2025Silver Hill611564$60.06$3.79
Oct 20251776 Energy326387$60.89$3.19
Sep 20251776 Energy85185$63.96$2.97
Aug 20251776 Energy300367$64.86$2.91
Jul 20251776 Energy383542$68.39$3.20
Jun 20251776 Energy404182$68.17$3.02
May 20251776 Energy417365$62.17$3.12
Apr 20251776 Energy274346$63.54$3.42
Mar 20251776 Energy407369$68.24$4.12
Feb 20251776 Energy352550$71.53$4.19
Jan 20251776 Energy356369$75.74$4.13
Dec 20241776 Energy1970$70.12$3.01
Nov 20241776 Energy301188$69.95$2.12
Oct 20241776 Energy421365$71.99$2.20
Sep 20241776 Energy2182$70.24$2.28
Aug 20241776 Energy397337$76.68$1.99
Jul 20241776 Energy406340$81.80$2.07
Jun 20241776 Energy433358$79.77$2.54
May 20241776 Energy371527$80.02$2.12
Apr 20241776 Energy409360$85.35$1.60
Mar 20241776 Energy425364$81.28$1.49
Feb 20241776 Energy466524$77.25$1.72
Jan 20241776 Energy453536$74.15$3.18
Dec 20231776 Energy469550$71.90$2.52
Nov 20231776 Energy487178$77.69$2.71
Oct 20231776 Energy483519$85.64$2.98
Sep 20231776 Energy521545$89.43$2.64
Aug 20231776 Energy539734$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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Silver Hill Energy Operating LLC in Karnes County

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