MAGELLAN 367BP

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 21501District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$34.9 M
Aug 2021 – May 2026
Value, last 12 filed months
$3.0 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
OilDisposition365,085 bbl$29,459,940
Casinghead gasProduction1,324,070 Mcf$5,454,539
Total$34,914,479

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 31.6170, -101.6427. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61701, -101.64273 · 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
8,628 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 8,628 ft.

Completions filed
Aug 2021
1 of 1 wells

1 well

42-383409797H8,628 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 20262,31112,943106.413.05$285,336
Apr 20262,56912,65598.932.87$290,467
Mar 20262,86317,69089.753.15$312,668
Feb 20262,10915,52163.503.75$192,130
Jan 20262,16613,82359.138.00$238,631
Dec 20252,90916,52456.664.41$237,750
Nov 20253,20620,10158.593.93$266,765
Oct 20252,91519,30459.383.30$236,889
Sep 20252,85317,98862.743.08$234,345
Aug 20252,58316,60563.933.01$215,191
Jul 20252,87216,60666.743.32$246,729
Jun 20252,92016,73166.483.13$246,468
May 20253,14317,48560.553.23$246,826
Apr 20252,69414,68562.363.54$220,029
Mar 20253,12314,28467.704.27$272,396
Feb 20252,37712,89670.884.34$224,461
Jan 20252,98717,78974.324.28$298,107
Dec 20242,29112,01568.993.12$195,559
Nov 20243,74018,30869.052.20$298,496
Oct 20243,56322,51771.372.28$305,662
Sep 20243,67723,42869.612.36$311,348
Aug 20243,81423,24475.632.06$336,420
Jul 20243,63921,05879.932.15$336,068
Jun 20243,47721,34678.082.63$327,709
May 20243,79722,76878.812.20$349,296
Apr 20243,92824,23184.451.66$371,924
Mar 20244,16423,58780.301.55$370,814
Feb 20244,00423,64476.091.78$346,837
Jan 20245,07224,11573.023.30$449,881
Dec 20233,86726,04271.262.61$343,551
Nov 20233,80024,99477.892.81$366,154
Oct 20234,13425,70085.443.09$432,552
Sep 20234,04425,79889.042.74$430,636
Aug 20234,41429,03280.522.67$433,014
Jul 20234,44631,07174.852.64$414,866
Jun 20235,03528,05768.962.26$410,580
May 20235,23331,64970.622.23$440,049
Apr 20235,15928,60978.122.24$467,041
Mar 20235,33628,09572.852.39$455,963
Feb 20234,73122,88975.112.47$411,782
Jan 20235,30028,20976.533.39$501,173
Dec 20225,59929,75776.415.73$598,300
Nov 20226,97231,23085.005.65$768,951
Oct 20226,76633,72987.185.86$787,639
Sep 20226,65434,01384.888.16$842,463
Aug 20227,53836,24994.529.13$1,043,342
Jul 20227,99033,951101.587.54$1,067,685
Jun 20228,18333,549115.097.98$1,209,409
May 20229,84034,990109.378.43$1,371,273
Apr 202213,06838,682104.226.84$1,626,439
Mar 202213,7060108.885.08$1,492,309
Feb 202211,00545,99991.054.86$1,225,507
Jan 202217,67051,19081.844.54$1,678,397
Dec 202122,66317,03571.323.90$1,682,747
Nov 202115,9337,15877.435.24$1,271,178
Oct 202124,52821,07279.795.71$2,077,492
Sep 202130,42510,95969.865.35$2,184,131
Aug 20219,28047166.024.22$614,654

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                2,311 bbl  × $106.41 =   $245,914
Casinghead gas    12,943 Mcf  × $  3.05 =    $39,422

────────────────────────────────────────────────────
Month total                                 $285,336

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/21501 is the state's own key, not one this site invented.