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Texas oil lease

Producing

MAGELLAN 364BP

Magellan 364BP is an oil lease in Reagan County, Texas, operated by OXY USA WTP LP in the Spraberry (Trend Area) field.

1 well

8,662bbl oil, last 12 months−34% vs prior year
RRC lease
7C-21533

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
233,765 mcf
Oil in Jul 2026
617 bbl

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for MAGELLAN 364BP, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 8,662 bbl in the 12 months through Jul 2026, against 13,042 bbl in the 12 months before.Last 12 months: 8,662 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for MAGELLAN 364BP, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 8,662 bbl in the 12 months through Jul 2026, against 13,042 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040k2,50050kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of MAGELLAN 364BP gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: plant to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of MAGELLAN 364BP gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant.Share of gas by disposition code0%50%100%Jul 26: plant to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 215,337 mcf

  • Transmission line (2)

    5.4% · 12,585 mcf

  • Lease fuel (1)

    2.5% · 5,843 mcf

1 well on this lease

Wells on MAGELLAN 364BP
API numberWell no.Status
42-383-409814HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers100Aug 8, 2021
Energy Transfer CompanyCasinghead gasBuys50Aug 8, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Aug 8, 2021
Energy Transfer CompanyCasinghead gasGathers50Aug 8, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Aug 8, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

484.66 acres on the newest permit

An allocation well is on this lease

Permits for Magellan 364BP
API numberWell no.Acreson the permit
42-383-409814H484.66

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Occidental Petroleum Corporation told investors it received

OXY USA WTP LP is linked to Occidental Petroleum Corporation (OXY).
Realized prices reported by Occidental Petroleum Corporation
QuarterOil$ per bblFiling
Q2 2026$96.78SEC filing
Q1 2026$69.91SEC filing
Q4 2025$58.99SEC filing
Q3 2025$64.78SEC filing
Q2 2025$63.76SEC filing
Q1 2025$71.07SEC filing

SourceOccidental Petroleum Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MAGELLAN 364BP
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266176301,29300$80.46$2.89
Jun 202665264919,24118,1410$84.81$3.15
May 202670970819,05017,9280$102.13$2.94
Apr 202664463116,57116,5520$100.32$2.77
Mar 202670471021,78021,7800$91.38$3.04
Feb 202668867823,78923,7890$64.51$3.62
Jan 202640141012,80312,8030$60.04$7.72
Dec 202586086422,31322,3130$57.97$4.26
Nov 202589788826,09125,6340$60.06$3.79
Oct 202585085925,82325,6370$60.89$3.19
Sep 202587088923,68323,3470$63.96$2.97
Aug 202577075321,32819,9980$64.86$2.91
Jul 20251,0941,09421,42319,5440$68.39$3.20
Jun 202597096319,18218,1213$68.17$3.02
May 202588688117,58417,0080$62.17$3.12
Apr 202577077914,87514,8750$63.54$3.42
Mar 20251,1731,16615,42715,4270$68.24$4.12
Feb 202583683915,07615,0760$71.53$4.19
Jan 20251,0401,03119,70919,7090$75.74$4.13
Dec 202479781520,06820,0680$70.12$3.01
Nov 20241,2791,26626,82625,3850$69.95$2.12
Oct 20241,3321,33428,87926,8990$71.99$2.20
Sep 20241,2041,21030,43728,5090$70.24$2.28
Aug 20241,6611,66829,48027,5960$76.68$1.99
Jul 20241,4261,423000$81.80$2.07
Jun 20241,7921,79225,98024,3590$79.77$2.54
May 20241,6111,60726,49224,65210$80.02$2.12
Apr 20241,4831,48429,32227,9060$85.35$1.60
Mar 20241,5911,58427,52226,4630$81.28$1.49
Feb 20241,6091,61726,97426,2430$77.25$1.72
Jan 20241,9171,90625,65024,60248$74.15$3.18
Dec 20231,9532,03329,59027,9030$71.90$2.52
Nov 20231,9071,86028,44826,7980$77.69$2.71
Oct 20231,9101,89525,89223,7880$85.64$2.98
Sep 20231,7941,79527,83925,3810$89.43$2.64
Aug 20232,0172,01030,60928,1203$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

OXY USA WTP LP in Reagan County

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Spraberry (Trend Area) field

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