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Texas oil lease

Producing

MAGIC LEGS B

Magic Legs B is an oil lease in Andrews County, Texas, operated by Admiral Permian Operating LLC in the Emma (Barnett Shale) field.

1 well

118,869bbl oil, last 12 months
Operator
Admiral Permian Operating LLC
County
Andrews County
Field
Emma (Barnett Shale)
RRC lease
08-63958

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Where it sits

This county

Andrews CountyAndrewsMartinGainesDawsonAndrews County
Andrews County
Gas, last 12 months
236,338 mcf
Oil in Jul 2026
6,554 bbl

Production by month

Oil output fell 55% since Apr 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 55% since Apr 2025Monthly oil production and gas for MAGIC LEGS B, Apr 2025 to Jul 2026. Oil output fell 55% since Apr 2025. Monthly average of 7,080 bbl in the latest 3 months, against 15,656 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40kApr 25JulOctJan 26AprJul
Oil output fell 55% since Apr 2025Monthly oil production and gas for MAGIC LEGS B, Apr 2025 to Jul 2026. Oil output fell 55% since Apr 2025. Monthly average of 7,080 bbl in the latest 3 months, against 15,656 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of MAGIC LEGS B gas by disposition code each month, Apr 2025 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 25JulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of MAGIC LEGS B gas by disposition code each month, Apr 2025 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MAGIC LEGS B
API numberWell no.Status
42-003-490881BActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Apr 1, 2025
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2025
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2025

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

Who buys my oilOil price check

1,214.80 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Magic Legs B
API numberWell no.Acreson the permit
42-003-490881B1,214.80

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

16 months, newest first

Ledger for MAGIC LEGS B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,5546,88016,62316,6230$80.46$2.89
Jun 20267,0697,13919,32219,3220$84.81$3.15
May 20267,6167,57918,89818,8980$102.13$2.94
Apr 20267,9077,93718,62718,6270$100.32$2.77
Mar 20268,8608,91721,03321,0330$91.38$3.04
Feb 20269,0279,14524,53124,5310$64.51$3.62
Jan 20268,7428,49435,57135,5710$60.04$7.72
Dec 202510,42510,36225,89225,8920$57.97$4.26
Nov 202513,09213,08122,50722,5070$60.06$3.79
Oct 202513,58813,33117,74417,7440$60.89$3.19
Sep 202515,65515,1658,0578,0570$63.96$2.97
Aug 202510,33410,4667,5337,5330$64.86$2.91
Jul 202513,26613,1937,0807,0800$68.39$3.20
Jun 202515,13214,89414,38614,3860$68.17$3.02
May 202517,50717,3752,6742,6740$62.17$3.12
Apr 202514,32914,3001341340$63.54$3.42

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorAdmiral Permian Operating LLCFieldEmma (Barnett Shale)CountyAndrews County

Admiral Permian Operating LLC in Andrews County

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Emma (Barnett Shale) field

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