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MAGNUS LARSON 04-TTT-B02

Operated by MATADOR PRODUCTION COMPANY (P-5 532993) 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 51696District 08Field 71052900OilCasinghead gasSave
Value, all time
$29.4 M
Nov 2018 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
91
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
OilDisposition406,273 bbl$24,389,086
Casinghead gasProduction1,519,308 Mcf$4,972,478
Total$29,361,563

Wells on this lease (1)

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 31.7319, -103.6157. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.73186, -103.61571 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,864 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 10,864 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-30133978203H10,864 ftJun 2019——

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 (91)

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

91 months

May 20261,3186,046106.413.05$158,664
Apr 20261,4696,57098.932.87$164,182
Mar 20261,5006,05789.753.15$153,701
Feb 20261,5215,84263.503.75$118,493
Jan 20261,3206,08959.138.00$126,751
Dec 20251,7267,84556.664.41$132,418
Nov 20251,7656,78358.593.93$130,044
Oct 20251,4926,82959.383.30$111,164
Sep 20251,5337,96962.743.08$120,700
Aug 20251,7467,05563.933.01$132,891
Jul 20251,6976,95166.743.32$136,302
Jun 20251,5306,78166.483.13$122,930
May 20251,7287,87560.553.23$130,085
Apr 20251,7237,57862.363.54$134,296
Mar 20251,7627,46967.704.27$151,167
Feb 20251,6576,93370.884.34$147,543
Jan 20251,9219,00174.324.28$181,281
Dec 20242,0788,66068.993.12$170,392
Nov 20242,0147,11669.052.20$154,711
Oct 20242,0667,56671.372.28$164,711
Sep 20242,1587,05069.612.36$166,887
Aug 20242,1176,83775.632.06$174,218
Jul 20241,9207,18079.932.15$168,878
Jun 20241,7347,25378.082.63$154,495
May 20241,8177,67478.812.20$160,069
Apr 20241,7788,14884.451.66$163,671
Mar 20242,1418,57680.301.55$185,173
Feb 20241,8057,50176.091.78$150,722
Jan 20242,3578,02773.023.30$198,578
Dec 20232,3949,61471.262.61$195,696
Nov 20233,20410,88377.892.81$280,114
Oct 20232,90111,31585.443.09$282,794
Sep 20232,4998,76089.042.74$246,470
Aug 20232,4208,92680.522.67$218,717
Jul 20232,4379,31474.852.64$207,015
Jun 20232,2628,95568.962.26$176,212
May 20232,3729,77370.622.23$189,279
Apr 20232,5419,48678.122.24$219,730
Mar 20232,73010,06272.852.39$222,960
Feb 20232,5748,65575.112.47$214,674
Jan 20232,74410,89976.533.39$246,921
Dec 20222,31410,62176.415.73$237,661
Nov 20222,7859,92685.005.65$292,769
Oct 20222,9539,76387.185.86$314,690
Sep 20222,9659,81484.888.16$331,788
Aug 20223,31011,79894.529.13$420,543
Jul 20223,14912,265101.587.54$412,379
Jun 20223,32711,469115.097.98$474,395
May 20223,52212,410109.378.43$489,855
Apr 20223,57612,202104.226.84$456,123
Mar 20223,42413,102108.885.08$439,316
Feb 20223,17812,15491.054.86$348,411
Jan 20223,28012,68381.844.54$325,987
Dec 20213,49213,77071.323.90$302,740
Nov 20213,41813,45877.435.24$335,133
Oct 20213,62413,57379.795.71$366,713
Sep 20213,54512,56869.865.35$314,904
Aug 20213,15812,35066.024.22$260,615
Jul 20213,58813,36470.783.98$307,175
Jun 20213,70712,94669.493.38$301,365
May 20213,89712,68563.483.02$285,661
Apr 20214,15813,36560.362.76$287,843
Mar 20214,38114,10461.302.72$306,875
Feb 20213,06210,92257.805.55$237,578
Jan 20214,13113,61150.412.81$246,494
Dec 20204,01813,39244.642.68$215,193
Nov 20204,08114,25938.772.71$196,813
Oct 20204,75817,32236.972.48$218,835
Sep 20204,60617,02537.091.99$204,734
Aug 20205,25719,14139.982.39$255,828
Jul 20205,53920,97738.371.83$250,817
Jun 20205,71021,77934.901.69$236,092
May 20206,57223,33916.921.81$153,553
Apr 20206,61921,77614.751.80$136,922
Mar 20206,46522,36130.341.86$237,655
Feb 20206,71320,96349.881.98$376,365
Jan 20207,79524,53257.252.09$497,652
Dec 20197,83329,82959.012.30$530,962
Nov 20197,89631,34355.302.75$522,864
Oct 20198,05729,08953.472.42$501,161
Sep 20195,59219,99355.052.66$360,967
Aug 201911,72745,81453.112.30$728,393
Jul 201913,02948,43656.272.46$852,297
Jun 201911,70140,44952.782.49$718,345
May 201915,62258,09458.482.74$1,072,771
Apr 201913,26455,35862.632.75$982,998
Mar 201916,66963,73956.803.06$1,141,974
Feb 201913,23352,67250.852.79$819,970
Jan 201918,40168,35946.033.23$1,067,673
Dec 201830,701110,74846.594.19$1,893,889
Nov 201805,69352.934.24$24,123

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                1,318 bbl  × $106.41 =   $140,248
Casinghead gas     6,046 Mcf  × $  3.05 =    $18,415

────────────────────────────────────────────────────
Month total                                 $158,664

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/51696 is the state's own key, not one this site invented.