STATE MAGELLAN
STATE MAGELLAN is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2016 to August 2026, totalling 1,449,729 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1K, with roughly $1K expected over the next twelve months.
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 283698 |
| Wellbores | 1 |
| Reported production | 1,449,729 mcf |
| First reported | April 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $1K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.