MAGPIE UNIT
MAGPIE UNIT is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 994,478 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 $30K, with roughly $13K expected over the next twelve months.
| Operator | Apache Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 289381 |
| Wellbores | 1 |
| Reported production | 994,478 mcf |
| First reported | May 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $30K |
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.