MARGARET UNIT 1
MARGARET UNIT 1 is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Riley Exploration, Llc. It has 2 wellbores on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 356,402 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $17K, with roughly $5K expected over the next twelve months.
| Operator | Riley Exploration, Llc |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 09663 |
| Wellbores | 2 |
| Reported production | 356,402 bbl |
| First reported | April 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $17K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.