BLACK STONE MINERALS

Operated by MAGNUM PRODUCING, LP (P-5 521516) in the ELIJAH GREEN (WILCOX 6) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27418District 03Field 28360400OilCasinghead gasSaveExport
Value, all time
$13.4 M
Jun 2018 – May 2026
Value, last 12 filed months
$2.2 M
at the published price for each month
Months reported
96
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 2 leases and 4 wells, and the rule below applies to all of them.

Discovered
2017-02-02
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/2023.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition194,721 bbl$12,725,724
Casinghead gasProduction200,714 Mcf$660,924
Total$13,386,648

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.5309, -94.2574. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

30.53083, -94.25848 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,975 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
3100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 9,864 and 10,300 ft, median 9,975 ft, over the 3 wells that filed a depth.

Completions filed
Jun 2018 – Sep 2024
3 of 3 wells

3 wells

42-4573087529,975 ftSep 2024
42-45730905610,300 ftAug 2024
42-457308894 C9,864 ftJun 2018

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (96)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

96 months

May 20262,3171,187106.413.05$250,167
Apr 20261,7631,02998.932.87$177,367
Mar 20262,20184489.753.15$200,198
Feb 20262,30568463.503.75$148,933
Jan 20261,9201,08059.138.00$122,167
Dec 20252,6691,16056.664.41$156,345
Nov 20251,5881,40958.593.93$98,573
Oct 20252,7821,52659.383.30$170,238
Sep 20252,7011,82562.743.08$175,076
Aug 20252,6742,79863.933.01$179,384
Jul 20252,8793,13566.743.32$202,538
Jun 20254,1043,18366.483.13$282,793
May 20252,3002,95460.553.23$148,813
Apr 20254,6105,50462.363.54$306,981
Mar 20253,20996867.704.27$221,381
Feb 20251,2441,71770.884.34$95,628
Jan 20253,3122,15174.324.28$255,351
Dec 20242,4721,58968.993.12$175,503
Nov 20244,1715,73969.052.20$300,624
Oct 20242,4643,86271.372.28$184,666
Sep 20241,9983,91669.612.36$148,340
Aug 20241,05859975.632.06$81,253
Jul 20241,411079.932.15$112,781
Jun 20241,422078.082.63$111,030
May 20241,416078.812.20$111,595
Apr 20241,249084.451.66$105,478
Mar 20241,609080.301.55$129,203
Feb 20241,248076.091.78$94,960
Jan 20241,279073.023.30$93,393
Dec 20231,552071.262.61$110,596
Nov 20231,419077.892.81$110,526
Oct 20231,04245085.443.09$90,418
Sep 202389451789.042.74$81,016
Aug 20231,06427780.522.67$86,414
Jul 2023528074.852.64$39,521
Jun 202329845168.962.26$21,569
May 20231,5831,03270.622.23$114,090
Apr 202391394578.122.24$73,438
Mar 20231,4692,46772.852.39$112,921
Feb 20231,08068675.112.47$82,810
Jan 202371954776.533.39$56,878
Dec 20221,4391,02176.415.73$115,803
Nov 20221,26791585.005.65$112,861
Oct 20221,82378087.185.86$163,503
Sep 20221,79369384.888.16$157,847
Aug 202270261694.529.13$71,975
Jul 20221,256584101.587.54$131,989
Jun 2022888804115.097.98$108,614
May 20221,3841,158109.378.43$161,134
Apr 20221,9791,001104.226.84$213,096
Mar 2022364716108.885.08$43,267
Feb 202218964391.054.86$20,333
Jan 20221,4451,10681.844.54$123,277
Dec 20211,5181,63071.323.90$114,619
Nov 20211,4511,53877.435.24$120,405
Oct 202153384279.795.71$47,339
Sep 20215351,06169.865.35$43,052
Aug 20211,41381566.024.22$96,726
Jul 20211,6251,18770.783.98$119,744
Jun 20211,258069.493.38$87,418
May 20211,078063.483.02$68,431
Apr 2021898060.362.76$54,203
Mar 2021541061.302.72$33,163
Feb 2021181057.805.55$10,462
Jan 2021706050.412.81$35,589
Dec 2020711044.642.68$31,739
Nov 202035671538.772.71$15,737
Oct 20203441,15436.972.48$15,578
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20201,0911,03814.751.80$17,965
Mar 20202,4694,07830.341.86$82,479
Feb 20202,3183,63249.881.98$122,816
Jan 20202,5203,09557.252.09$150,753
Dec 20194,0102,00759.012.30$241,255
Nov 20192,4422,78255.302.75$142,695
Oct 20192,0821,69153.472.42$115,414
Sep 20191,4762,58655.052.66$88,126
Aug 20192,9193,48253.112.30$163,052
Jul 20193,6773,68556.272.46$215,970
Jun 20194,4574,02852.782.49$245,275
May 20194,8185,39458.482.74$296,538
Apr 20193,4415,93562.632.75$231,835
Mar 20193,5895,16956.803.06$219,683
Feb 20193,0795,52750.852.79$172,000
Jan 20193,5247,26546.033.23$185,662
Dec 20185,45010,19846.594.19$296,599
Nov 20185,9729,81552.934.24$357,686
Oct 20186,49210,36261.443.40$434,079
Sep 20186,11510,22759.543.11$395,873
Aug 20187,01910,20159.403.07$448,211
Jul 20186,82010,20065.142.93$474,160
Jun 20182,3283,10760.183.08$149,659

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                2,317 bbl  × $106.41 =   $246,552
Casinghead gas     1,187 Mcf  × $  3.05 =     $3,615

────────────────────────────────────────────────────
Month total                                 $250,167

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/O/27418 is the state's own key, not one this site invented.