STATE MAGELLAN 7

Operated by EOG RESOURCES, INC. (P-5 253162) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 49626District 08Field 71052900OilCasinghead gasSave
Value, all time
$204.7 M
Sep 2017 – May 2026
Value, last 12 filed months
$7.5 M
at the published price for each month
Months reported
105
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,824,275 bbl$172,669,561
Casinghead gasProduction10,008,913 Mcf$31,989,066
Total$204,658,627

Wells on this lease (9)

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 31.9822, -103.6412. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.97836, -103.64142 · 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
11.1%
1 of 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
11,950 ft
9 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
111.1%
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.
888.9%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 11,950 ft, with the middle half between 11,921 and 11,962 ft; the shallowest is 11,887 ft and the deepest 11,971 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

10s

Last completion by decade, 9 of 9 wells, Sep 2017 – Mar 2018. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Sep 2017 – Mar 2018
9 of 9 wells

9 wells

42-3013338627H11,894 ftMar 2018
42-3013374528H11,887 ftMar 2018
42-3013338526H11,921 ftFeb 2018
42-3013338324H11,953 ftFeb 2018
42-3013338425H11,939 ftFeb 2018
42-3013338223H11,962 ftFeb 2018Yes
42-3013338122H11,970 ftFeb 2018
42-3013350320H11,950 ftSep 2017
42-3013350421H11,971 ftSep 2017

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 (105)

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

105 months

May 20266,22335,849106.413.05$771,380
Apr 20267,18838,15198.932.87$820,592
Mar 20266,59441,02089.753.15$721,002
Feb 20265,99936,81763.503.75$519,012
Jan 20267,59841,74459.138.00$783,135
Dec 20257,91343,98056.664.41$642,450
Nov 20252,32421,24758.593.93$219,588
Oct 20256,31651,57959.383.30$545,504
Sep 20256,66549,55662.743.08$570,642
Aug 20256,96157,06963.933.01$617,066
Jul 20257,04056,90866.743.32$658,511
Jun 20256,55354,21666.483.13$605,270
May 20257,43059,26560.553.23$641,450
Apr 20257,98260,88362.363.54$713,473
Mar 20258,67363,76567.704.27$859,332
Feb 20257,43951,43670.884.34$750,552
Jan 20258,50362,22174.324.28$898,167
Dec 20248,80062,66968.993.12$802,725
Nov 20247,93855,54569.052.20$670,231
Oct 20248,47561,48371.372.28$745,128
Sep 20248,18261,92669.612.36$715,964
Aug 20248,11563,48275.632.06$744,741
Jul 20248,23260,82379.932.15$788,546
Jun 202410,17262,17278.082.63$957,990
May 202410,44663,19678.812.20$962,182
Apr 202410,20862,11984.451.66$965,133
Mar 202410,27260,22480.301.55$917,896
Feb 202410,23555,00076.091.78$876,881
Jan 202410,58455,36773.023.30$955,425
Dec 202310,79156,15771.262.61$915,577
Nov 202310,90453,28377.892.81$998,908
Oct 202310,05152,74685.443.09$1,021,599
Sep 202310,60857,08489.042.74$1,100,663
Aug 202310,33263,07580.522.67$1,000,525
Jul 202310,90763,14774.852.64$983,211
Jun 202312,17360,04168.962.26$975,051
May 202312,58960,36470.622.23$1,023,490
Apr 202312,28262,22578.122.24$1,098,714
Mar 20239,89450,55072.852.39$841,752
Feb 202311,34753,27175.112.47$983,622
Jan 202312,65359,22476.533.39$1,168,968
Dec 202212,90857,22576.415.73$1,314,147
Nov 202212,17652,99885.005.65$1,334,197
Oct 202212,46154,08187.185.86$1,403,468
Sep 202212,57155,57084.888.16$1,520,682
Aug 202210,84252,21194.529.13$1,501,324
Jul 202212,74862,345101.587.54$1,765,153
Jun 202211,38156,997115.097.98$1,764,516
May 202212,09358,940109.378.43$1,819,655
Apr 202213,67261,892104.226.84$1,848,089
Mar 202215,55971,616108.885.08$2,057,615
Feb 202214,92464,39691.054.86$1,671,720
Jan 202217,59273,85581.844.54$1,774,860
Dec 202118,05077,58371.323.90$1,589,831
Nov 202114,63966,14477.435.24$1,479,884
Oct 202114,78266,08279.795.71$1,557,040
Sep 202113,86958,77869.865.35$1,283,405
Aug 202114,61271,16666.024.22$1,265,047
Jul 202117,54081,80270.783.98$1,567,223
Jun 202119,50585,02069.493.38$1,642,823
May 202120,23285,41763.483.02$1,542,088
Apr 202119,17175,64860.362.76$1,365,831
Mar 202119,82473,21661.302.72$1,414,135
Feb 20219,78036,91557.805.55$770,087
Jan 202118,21676,95350.412.81$1,134,527
Dec 202018,50374,27244.642.68$1,024,686
Nov 202019,27468,69138.772.71$933,170
Oct 202021,19475,71136.972.48$971,187
Sep 202019,90083,55937.091.99$904,460
Aug 202021,87398,40039.982.39$1,109,176
Jul 202024,612115,09538.371.83$1,154,425
Jun 202024,269109,99534.901.69$1,032,914
May 202026,288101,80016.921.81$629,535
Apr 202027,00896,73814.751.80$572,920
Mar 202026,927101,65530.341.86$1,005,660
Feb 202021,07890,54849.881.98$1,230,716
Jan 202024,87386,63457.252.09$1,605,455
Dec 201927,009102,09759.012.30$1,829,069
Nov 201930,01497,85855.302.75$1,928,952
Oct 201934,250107,39253.472.42$2,091,079
Sep 201935,400114,26555.052.66$2,252,404
Aug 201938,164124,59053.112.30$2,313,990
Jul 201939,064146,88056.272.46$2,559,465
Jun 201941,799148,21752.782.49$2,575,389
May 201946,561158,40358.482.74$3,156,962
Apr 201946,868153,22662.632.75$3,356,822
Mar 201946,127142,04956.803.06$3,054,982
Feb 201946,181130,21850.852.79$2,711,901
Jan 201945,280134,71846.033.23$2,519,132
Dec 201851,201123,66746.594.19$2,903,055
Nov 201857,433155,46552.934.24$3,698,671
Oct 201873,182213,14861.443.40$5,220,596
Sep 201881,387239,40059.543.11$5,589,837
Aug 201895,868269,16959.403.07$6,519,982
Jul 2018104,491278,36165.142.93$7,622,665
Jun 2018117,492322,12460.183.08$8,061,818
May 2018139,995365,13665.382.90$10,212,060
Apr 2018177,665444,11463.842.90$12,630,419
Mar 2018254,771646,90461.222.79$17,399,899
Feb 201830,32271,71161.782.77$2,071,654
Jan 201828,75060,39762.874.01$2,049,663
Dec 201731,11574,85557.272.92$2,000,646
Nov 201736,29594,11955.423.12$2,304,966
Oct 201768,495168,38749.292.98$3,878,531
Sep 20175591,21647.523.09$30,318

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                6,223 bbl  × $106.41 =   $662,189
Casinghead gas    35,849 Mcf  × $  3.05 =   $109,190

────────────────────────────────────────────────────
Month total                                 $771,380

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. 08/O/49626 is the state's own key, not one this site invented.