MAGELLAN 363BP

MAGELLAN 363BP is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Oxy Usa Wtp Lp. It has 1 wellbore on file with the Commission. Reported production runs from August 2021 to August 2026, totalling 210,079 barrels. 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 $64K, with roughly $17K expected over the next twelve months.

OperatorOxy Usa Wtp Lp
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number21486
Wellbores1
Reported production210,079 bbl
First reportedAugust 2021
Last reportedAugust 2026
Estimated royalty value$64K

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.