MARGARET M4 (ALLOC-2SH)
MARGARET M4 (ALLOC-2SH) is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Guidon Energy MGMT Services LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 810,821 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $16.4M, with roughly $3.5M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 4,285 barrels a month, about 2,143 per wellbore. Its strongest month on the record we hold was March 2019, at 48,324 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MARGARET M4 (ALLOC-2SH)
- Who operates MARGARET M4 (ALLOC-2SH)?
- MARGARET M4 (ALLOC-2SH) is operated by Guidon Energy MGMT Services LLC, Railroad Commission of Texas operator number 337328.
- Where is MARGARET M4 (ALLOC-2SH)?
- MARGARET M4 (ALLOC-2SH) is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51838.
- Is MARGARET M4 (ALLOC-2SH) still producing?
- MARGARET M4 (ALLOC-2SH) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARGARET M4 (ALLOC-2SH) is August 2026.
- How much has MARGARET M4 (ALLOC-2SH) produced?
- MARGARET M4 (ALLOC-2SH) has reported 810,821 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 2 wellbores.
- How much is MARGARET M4 (ALLOC-2SH) worth?
- The remaining production from MARGARET M4 (ALLOC-2SH) is estimated to be worth about $16.4M in total as of 26 August 2026, within a range of $13.6M to $19.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARGARET M4 (ALLOC-2SH) is a fraction of it. The estimate fits an Arps decline curve to the production MARGARET M4 (ALLOC-2SH) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARGARET M4 (ALLOC-2SH) is an estimate of value, not an offer and not an appraisal.
- How much income does MARGARET M4 (ALLOC-2SH) generate in a year?
- MARGARET M4 (ALLOC-2SH) is forecast to net about $3.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MARGARET M4 (ALLOC-2SH) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Guidon Energy MGMT Services LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 51838 |
| Wellbores | 2 |
| Reported production | 810,821 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16.4M |
Where MARGARET M4 (ALLOC-2SH) sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.