MAGELLAN 355AP

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 21531District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$23.1 M
Aug 2021 – May 2026
Value, last 12 filed months
$1.1 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
OilDisposition244,677 bbl$20,188,357
Casinghead gasProduction720,318 Mcf$2,938,098
Total$23,126,455

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 31.6165, -101.6459. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.61647, -101.64587 · 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
8,258 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 8,258 ft.

Completions filed
Aug 2021
1 of 1 wells

1 well

42-383409765H8,258 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 202649510,414106.413.05$84,392
Apr 202656215,03498.932.87$98,742
Mar 202625513,40689.753.15$65,108
Feb 202639910,92663.503.75$66,313
Jan 20263408,86059.138.00$90,966
Dec 20253629,32456.664.41$61,661
Nov 202536113,90358.593.93$75,740
Oct 202555612,85459.383.30$75,496
Sep 20251,12010,16562.743.08$101,546
Aug 20251,25810,32663.933.01$111,554
Jul 20251,53611,05566.743.32$139,162
Jun 20251,64711,10666.483.13$144,240
May 20251,53010,69760.553.23$127,218
Apr 20251,2139,70562.363.54$110,029
Mar 20251,7458,71267.704.27$155,322
Feb 20251,6877,43770.884.34$151,857
Jan 20252,0419,60974.324.28$192,801
Dec 20241,1886,26868.993.12$101,525
Nov 20241,40210,22969.052.20$119,296
Oct 20241,67511,50071.372.28$145,781
Sep 20242,12411,37269.612.36$174,739
Aug 20242,2999,56075.632.06$193,602
Jul 20241,79212,57779.932.15$170,232
Jun 20242,07612,29778.082.63$194,484
May 20241,73710,35178.812.20$159,649
Apr 20241,77811,72484.451.66$169,605
Mar 20241,9339,38580.301.55$169,721
Feb 20242,20510,33276.091.78$186,207
Jan 20242,72311,31973.023.30$236,160
Dec 20232,72612,23071.262.61$226,184
Nov 20232,32111,68377.892.81$213,583
Oct 20234,00013,23585.443.09$382,620
Sep 20234,05513,68589.042.74$398,486
Aug 20234,81515,73780.522.67$429,767
Jul 20234,42216,83674.852.64$375,464
Jun 20234,16515,11168.962.26$321,346
May 20234,67718,10670.622.23$370,619
Apr 20235,02117,41878.122.24$431,218
Mar 20234,77214,02972.852.39$381,214
Feb 20234,31111,49975.112.47$352,152
Jan 20234,98514,85376.533.39$431,820
Dec 20225,51915,68676.415.73$511,573
Nov 20225,53315,47485.005.65$557,674
Oct 20226,09716,59987.185.86$628,869
Sep 20226,17916,66484.888.16$660,513
Aug 20226,75417,05694.529.13$794,061
Jul 20227,64917,849101.587.54$911,604
Jun 20227,01817,518115.097.98$947,446
May 20228,44018,305109.378.43$1,077,450
Apr 20228,21319,005104.226.84$985,907
Mar 20229,3500108.885.08$1,018,028
Feb 20229,72224,28391.054.86$1,003,175
Jan 202211,35726,45481.844.54$1,049,497
Dec 202112,8888,99771.323.90$954,253
Nov 202114,3946,78677.435.24$1,150,065
Oct 202116,1599,02179.795.71$1,340,871
Sep 202114,7575,47469.865.35$1,060,215
Aug 20214,33927866.024.22$287,634

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                  495 bbl  × $106.41 =    $52,673
Casinghead gas    10,414 Mcf  × $  3.05 =    $31,719

────────────────────────────────────────────────────
Month total                                  $84,392

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/21531 is the state's own key, not one this site invented.