MAGNETO B
MAGNETO B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by TRP Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 338,695 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.4M, with roughly $1.2M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,984 barrels a month. Its strongest month on the record we hold was October 2021, at 28,071 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MAGNETO B
- Who operates MAGNETO B?
- MAGNETO B is operated by TRP Operating LLC, Railroad Commission of Texas operator number 872117.
- Where is MAGNETO B?
- MAGNETO B is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21413.
- Is MAGNETO B still producing?
- MAGNETO B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAGNETO B is August 2026.
- How much has MAGNETO B produced?
- MAGNETO B has reported 338,695 barrels of oil (bbl) to the Railroad Commission of Texas between July 2021 and August 2026, from 1 wellbore.
- How much is MAGNETO B worth?
- The remaining production from MAGNETO B is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAGNETO B is a fraction of it. The estimate fits an Arps decline curve to the production MAGNETO B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAGNETO B is an estimate of value, not an offer and not an appraisal.
- How much income does MAGNETO B generate in a year?
- MAGNETO B is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MAGNETO B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | TRP Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21413 |
| Wellbores | 1 |
| Reported production | 338,695 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where MAGNETO B sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.