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Texas oil lease

Producing

MAGELLAN 367BP

Magellan 367BP is an oil lease in Reagan County, Texas, operated by OXY USA WTP LP in the Spraberry (Trend Area) field.

1 well

31,629bbl oil, last 12 months−15% vs prior year
Operator
OXY USA WTP LP
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-21501

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
179,253 mcf
Oil in Jul 2026
2,438 bbl

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for MAGELLAN 367BP, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 31,629 bbl in the 12 months through Jul 2026, against 37,193 bbl in the 12 months before.Last 12 months: 31,629 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for MAGELLAN 367BP, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 31,629 bbl in the 12 months through Jul 2026, against 37,193 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 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 367BP 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 367BP 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% · 164,830 mcf

  • Transmission line (2)

    5.5% · 9,938 mcf

  • Lease fuel (1)

    2.5% · 4,485 mcf

1 well on this lease

Wells on MAGELLAN 367BP
API numberWell no.Status
42-383-409797HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers100Aug 13, 2021
Energy Transfer CompanyCasinghead gasBuys50Aug 13, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Aug 13, 2021
Energy Transfer CompanyCasinghead gasGathers50Aug 13, 2021
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50Aug 13, 2021

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

Who buys my oilOil price check

805.75 acres on the newest permit

An allocation well is on this lease

Permits for Magellan 367BP
API numberWell no.Acreson the permit
42-383-409797H805.75

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

Unit decimal checker

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 367BP
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,4382,4951,06700$80.46$2.89
Jun 20262,6772,63615,03214,1730$84.81$3.15
May 20262,2882,31112,94312,1800$102.13$2.94
Apr 20262,6202,56912,65512,6410$100.32$2.77
Mar 20262,8662,86317,69017,6900$91.38$3.04
Feb 20262,0982,10915,52115,5210$64.51$3.62
Jan 20262,1742,16613,82313,8230$60.04$7.72
Dec 20252,8862,90916,52416,5240$57.97$4.26
Nov 20253,2443,20620,10119,7490$60.06$3.79
Oct 20252,8902,91519,30419,1650$60.89$3.19
Sep 20252,7802,85317,98817,7320$63.96$2.97
Aug 20252,6682,58316,60515,5700$64.86$2.91
Jul 20252,8612,87216,60615,1490$68.39$3.20
Jun 20252,9272,92016,73115,8062$68.17$3.02
May 20253,1613,14317,48516,9120$62.17$3.12
Apr 20252,6872,69414,68514,6850$63.54$3.42
Mar 20253,1373,12314,28414,2840$68.24$4.12
Feb 20252,3682,37712,89612,8960$71.53$4.19
Jan 20253,0132,98717,78917,7890$75.74$4.13
Dec 20242,2352,29112,01512,0150$70.12$3.01
Nov 20243,7863,74018,30817,3240$69.95$2.12
Oct 20243,5483,56322,51720,9730$71.99$2.20
Sep 20243,6813,67723,42821,9440$70.24$2.28
Aug 20243,7893,81423,24421,7580$76.68$1.99
Jul 20243,6673,639000$81.80$2.07
Jun 20243,4743,48721,34620,0140$79.77$2.54
May 20243,7833,78222,76821,1878$80.02$2.12
Apr 20243,9263,92824,23123,0610$85.35$1.60
Mar 20244,1864,16423,58722,6800$81.28$1.49
Feb 20243,9774,00523,64423,0030$77.25$1.72
Jan 20245,1205,07424,11523,13045$74.15$3.18
Dec 20233,7003,86726,04224,5580$71.90$2.52
Nov 20233,8893,80024,99423,5440$77.69$2.71
Oct 20234,1644,13425,70023,6110$85.64$2.98
Sep 20234,0434,04425,79823,5200$89.43$2.64
Aug 20234,4364,41429,03226,6713$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

This lease belongs to

OperatorOXY USA WTP LPFieldSpraberry (Trend Area)CountyReagan County

OXY USA WTP LP in Reagan County

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Spraberry (Trend Area) field

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