MAGELLAN 354AP
MAGELLAN 354AP 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 202,285 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 $5K, with roughly $4K expected over the next twelve months.
| Operator | Oxy Usa Wtp Lp |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 21513 |
| Wellbores | 1 |
| Reported production | 202,285 bbl |
| First reported | August 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $5K |
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.