MAGELLAN 363BP

Operated by OXY USA WTP LP (P-5 630555) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21486District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$22.3 M
Aug 2021 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
58
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition210,045 bbl$16,741,255
Casinghead gasProduction1,353,161 Mcf$5,523,079
Total$22,264,334

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 31.6151, -101.6519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61505, -101.65189 · 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
8,616 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 8,616 ft.

Completions filed
Aug 2021
1 of 1 wells

1 well

42-383409833H8,616 ftAug 2021

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 (58)

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

58 months

May 202667518,155106.413.05$127,124
Apr 202660311,05498.932.87$91,377
Mar 202673817,13889.753.15$120,211
Feb 20261,02818,80763.503.75$135,810
Jan 202685314,90459.138.00$169,639
Dec 202581815,42856.664.41$114,437
Nov 202584815,64658.593.93$111,117
Oct 202585216,16459.383.30$104,011
Sep 202583614,51162.743.08$97,100
Aug 202566913,52163.933.01$83,532
Jul 202588214,55466.743.32$107,114
Jun 202580113,50666.483.13$95,507
May 202587315,43560.553.23$102,751
Apr 202584313,21962.363.54$99,406
Mar 20251,24713,68167.704.27$142,817
Feb 202596912,78770.884.34$124,189
Jan 202596017,80074.324.28$147,508
Dec 202451117,68068.993.12$90,440
Nov 202468616,70769.052.20$84,098
Oct 20241,72127,06671.372.28$184,576
Sep 20241,45528,37669.612.36$168,374
Aug 20241,45329,18375.632.06$170,113
Jul 20241,57226,09779.932.15$181,670
Jun 20241,57625,58378.082.63$190,439
May 20241,49025,53078.812.20$173,553
Apr 20241,46527,74784.451.66$169,757
Mar 20241,56725,56480.301.55$165,330
Feb 20241,64326,01076.091.78$171,408
Jan 20241,90424,86673.023.30$221,030
Dec 20232,05929,04471.262.61$222,550
Nov 20231,87128,18377.892.81$224,858
Oct 20231,91925,46185.443.09$242,565
Sep 20231,92926,47289.042.74$244,160
Aug 20232,03529,16880.522.67$241,821
Jul 20232,22731,22874.852.64$249,189
Jun 20232,61829,23268.962.26$246,557
May 20232,32028,90770.622.23$228,226
Apr 20232,47428,42478.122.24$256,875
Mar 20232,49627,38072.852.39$247,358
Feb 20232,40724,41275.112.47$240,982
Jan 20232,83629,02876.533.39$315,378
Dec 20223,11230,44976.415.73$412,233
Nov 20223,14131,30685.005.65$443,745
Oct 20224,32834,02587.185.86$576,829
Sep 20224,36834,52884.888.16$652,631
Aug 20224,23535,67694.529.13$725,913
Jul 20224,47835,035101.587.54$719,112
Jun 20224,57135,321115.097.98$807,839
May 20225,55135,906109.378.43$909,910
Apr 20225,82035,437104.226.84$848,864
Mar 20226,2150108.885.08$676,689
Feb 20226,77442,72291.054.86$824,352
Jan 20228,23143,51681.844.54$871,087
Dec 202110,29715,08671.323.90$793,204
Nov 202114,08312,14477.435.24$1,154,043
Oct 202117,71718,82479.795.71$1,521,197
Sep 202132,09618,60069.865.35$2,341,754
Aug 202116,29992866.024.22$1,079,977

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                  675 bbl  × $106.41 =    $71,827
Casinghead gas    18,155 Mcf  × $  3.05 =    $55,297

────────────────────────────────────────────────────
Month total                                 $127,124

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. 7C/O/21486 is the state's own key, not one this site invented.