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Texas oil lease

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MAGNUM LEVELLAND UNIT

Magnum Levelland Unit is an oil lease in Cochran County, Texas, operated by Extex Operating Company in the Levelland field.

16 wells

2,248bbl oil, last 12 months−18% vs prior year
Operator
Extex Operating Company
County
Cochran County
Field
Levelland
RRC lease
8A-67887

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Where it sits

This county

Cochran CountyCochranHockleyLambBaileyCochran County
Cochran County
Oil in Jul 2026
159 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Extex Operating Company took over from New Horizon Resources LLC in Oct 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 18% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 18% over the last 12 monthsMonthly oil production for MAGNUM LEVELLAND UNIT, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 2,248 bbl in the 12 months through Jul 2026, against 2,753 bbl in the 12 months before.Last 12 months: 2,248 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 18% over the last 12 monthsMonthly oil production for MAGNUM LEVELLAND UNIT, Aug 2023 to Jul 2026. Oil output fell 18% over the last 12 months. 2,248 bbl in the 12 months through Jul 2026, against 2,753 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed 2 times, most recently in Oct 2025

Operators of this lease over timeExtex Operating Company, Jan 2020 to Dec 2021; New Horizon Resources LLC, Jan 2022 to Sep 2025; Extex Operating Company, Oct 2025 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Oct 2025Extex Operating CompanyJan 2020 to Dec 2021New Horizon Resources LLCJan 2022 to Sep 2025Extex Operating CompanyOct 2025 to now
Operators of this lease over timeExtex Operating Company, Jan 2020 to Dec 2021; New Horizon Resources LLC, Jan 2022 to Sep 2025; Extex Operating Company, Oct 2025 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Oct 2025Extex Operating CompanyJan 2020 to Dec 2021New Horizon Resources LLCJan 2022 to Sep 2025Extex Operating CompanyOct 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

16 wells on this lease

Wells on MAGNUM LEVELLAND UNIT
API numberWell no.Status
42-079-30176101Active
42-079-30211301Shut-in
42-079-30233401Active
42-079-30254402Active
42-079-30256202Active
42-079-30274403Active
42-079-32907501Active
42-079-32908405Shut-in
42-079-32909404Active
42-079-32910406Active
42-079-32911407Active
42-079-32912408Active
42-079-32917205Shut-in
42-079-32918204Active
42-079-32919203Shut-in
42-079-329271WSShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Phillips 66 CompanyOilGathers100Oct 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011Oct 1, 2025
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011Oct 1, 2025
Sentinel Transportation, LLCOilGathers100Jan 1, 2004Oct 1, 2025

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

Who buys my oilOil price check

1,158.66 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 44 and 1,158.66 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    16 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Magnum Levelland Unit
API numberWell no.Acreson the permit
42-079-329271WS1,158.66
42-079-30256202487.27
42-079-30254402470.94
42-079-32917205487.27
42-079-329182041,158.66
42-079-32919203487.27
42-079-32910406470.94
42-079-32911407470.94
42-079-32912408470.94
42-079-3290750144
42-079-32908405470.94
42-079-32909404470.94

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for MAGNUM LEVELLAND UNIT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating159159$80.46$2.89
Jun 2026Extex Operating164161$84.81$3.15
May 2026Extex Operating176163$102.13$2.94
Apr 2026Extex Operating144163$100.32$2.77
Mar 2026Extex Operating176162$91.38$3.04
Feb 2026Extex Operating179171$64.51$3.62
Jan 2026Extex Operating197163$60.04$7.72
Dec 2025Extex Operating177163$57.97$4.26
Nov 2025Extex Operating221324$60.06$3.79
Oct 2025Extex Operating219160$60.89$3.19
Sep 2025New Horizon218163$63.96$2.97
Aug 2025New Horizon218329$64.86$2.91
Jul 2025New Horizon234343$68.39$3.20
Jun 2025New Horizon2310$68.17$3.02
May 2025New Horizon260324$62.17$3.12
Apr 2025New Horizon224163$63.54$3.42
Mar 2025New Horizon228325$68.24$4.12
Feb 2025New Horizon67165$71.53$4.19
Jan 2025New Horizon260343$75.74$4.13
Dec 2024New Horizon264161$70.12$3.01
Nov 2024New Horizon254171$69.95$2.12
Oct 2024New Horizon238168$71.99$2.20
Sep 2024New Horizon246327$70.24$2.28
Aug 2024New Horizon247166$76.68$1.99
Jul 2024New Horizon254332$81.80$2.07
Jun 2024New Horizon251170$79.77$2.54
May 2024New Horizon254332$80.02$2.12
Apr 2024New Horizon258172$85.35$1.60
Mar 2024New Horizon265337$81.28$1.49
Feb 2024New Horizon251335$77.25$1.72
Jan 2024New Horizon259170$74.15$3.18
Dec 2023New Horizon266344$71.90$2.52
Nov 2023New Horizon257168$77.69$2.71
Oct 2023New Horizon268332$85.64$2.98
Sep 2023New Horizon253169$89.43$2.64
Aug 2023New Horizon264336$81.39$2.58

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

OperatorExtex Operating CompanyFieldLevellandCountyCochran County

Extex Operating Company in Cochran County

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Levelland field

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