OPERATORS · TEXAS · P-5 NUMBER 521490
Magnet Oil, Inc.
- P-5 status
- Inactive (I)
- P-5 last filed
- Jan 23, 1986
- Based in
- Borger, TX
Magnet Oil, Inc. has filed no drilling permits in the past 12 months; its most recent permit was issued October 4, 1983.
The RRC wellbore file lists 4 wells under its operatorship.
30 drilling permits have been issued to this operator number since 1982; its P-5 organization report was last filed January 23, 1986.
- 0
- permits, last 12 months
- —
- vs prior 12 months (0)
- 0
- counties, 12 months
- 0
- producing wells, of 4 of record
- 0
- leases it reports
- —
- horizontal, 12 months
WINDOWS ON THE RRC ISSUE DATE · COMPUTED NOV 12, 2026
From permit to spud
FROM THE DATES ON ITS W-1 PERMITS · ALL TIME
A permit is a plan, not a well. These figures count only permits old enough to have spudded, six months and more, and read the spud, cancel, and expiry dates the RRC records on each one.
- 10%
- spud rate · 3 of 30 mature permits
- 21
- median days permit to spud · middle half 16–113
- 0
- spuds, last 180 days
- 3%
- canceled · 1 permits
- 26
- expired undrilled
- 15
- permits a year over 2 active years
Permits issued by month
LAST 60 MONTHS · BY ISSUE DATE
Last 12 months 0 · prior 12 0
Counties
Counties by permits in the last 12 months, with all-time permits and current wells of record there.
All 30 permits, searchable → · Leases it reported on → · On the map →
Formations in wells it permitted
Tops reported on completion filings for wells permitted under this operator number, including wells others run today. RRC wellbore file. About tops →
| Formation | Wells | Permitted last 3 yrs |
|---|---|---|
| No completion tops on file. | ||
Production by month
PDQ LEASE REPORTS · REPORTED THROUGH AUG 2026
Barrels on leases where this operator filed the production report. Lease-level by design; the latest months are revised upward as late reports arrive. How production is reported →
- 0
- bbl oil, last 12 reported months
- —
- vs the 12 months before
- 0
- mcf gas incl. casinghead, last 12
- 0
- bbl oil since reporting began
No lease production reported under this operator number in the last ten years.
Beyond the permit record
Operator of record and permit operator
A well's operator of record is the RRC's, and its permit operator is the one on its latest drilling permit; neither fills in for the other. Its wellbores of record are counted as its wells, with its live permits; a well it permitted that another operator runs, or that the RRC lists with no operator at all, is not. Each count opens the wells it counts. Transfers and operator numbers →
Permit types
Last 12 months against the prior 12, and all time. A type opens the permit history filtered to it. What the types mean →
| Type | 12 mo | Prior 12 | All time |
|---|---|---|---|
| Drill | 0 | 0 | 30 |
Fields
RRC regulatory fields with the most wells of record under this operator. The field opens its page; the count opens this operator's wells in it.
| Field | Wells | Producing |
|---|---|---|
| Panhandle Carson County Field68845001 | 4 | 0 |
P-5 organization report
As registered with the RRC. About the P-5 →
- Registration
- Status Inactive (I)
- Last filed Jan 23, 1986
- Address
- P.O. Box 1406
- Borger, TX 79008
- (806) 273-3676
- Officers and agents
- Lee, Randall · President
- Lee, Karen · Vice President/Secretary
Latest permits
NEWEST FIRST BY ISSUE DATE · FILED OR ON WELLS IT NOW OPERATES
About this data
Registration from the RRC P-5 organization file, loaded when the Commission posts a new one. Permits from the OGA049M master and daily daf420 files; wells of record from the EWA wellbore schedule; production from PDQ lease reports by the operator that filed them, through the statewide reported-through month; disposal from UIC permits and H-10 reports. Oil includes condensate from gas leases and gas includes casinghead gas from oil leases, as the RRC totals them. Summary figures are rebuilt nightly. Nothing is estimated.
Developers: this page as JSON is GET /v1/data/operators/tx/521490, documented in the API reference.