MAGNETO E
MAGNETO E 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 December 2021 to August 2026, totalling 373,950 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 $451K, with roughly $366K 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 1,433 barrels a month. Its strongest month on the record we hold was January 2022, at 39,941 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 E
- Who operates MAGNETO E?
- MAGNETO E is operated by TRP Operating LLC, Railroad Commission of Texas operator number 872117.
- Where is MAGNETO E?
- MAGNETO E is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21503.
- Is MAGNETO E still producing?
- MAGNETO E is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAGNETO E is August 2026.
- How much has MAGNETO E produced?
- MAGNETO E has reported 373,950 barrels of oil (bbl) to the Railroad Commission of Texas between December 2021 and August 2026, from 1 wellbore.
- How much is MAGNETO E worth?
- The remaining production from MAGNETO E is estimated to be worth about $451K in total as of 26 August 2026, within a range of $375K to $528K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAGNETO E is a fraction of it. The estimate fits an Arps decline curve to the production MAGNETO E has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAGNETO E is an estimate of value, not an offer and not an appraisal.
- How much income does MAGNETO E generate in a year?
- MAGNETO E is forecast to net about $366K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAGNETO E 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 | 21503 |
| Wellbores | 1 |
| Reported production | 373,950 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $451K |
Where MAGNETO E 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.