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MAGIE 1 Lease

Lease: MAGIE 1
Operator: Vess Oil Corporation
Location: NE NE SW T16S, R29W, Sec. 17
Cumulative Production: 208923.52 barrels (from 1984 to 2021)
KS Dept. of Revenue Lease Code: 121176
KS Dept. of Revenue Lease Name: MAGIE #1

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Initial production monthly rate (Qi): 148 bbls in 2018
Present production monthly rate (Qt): 109 bbls in 2020
Decline rate (De): 13.3371% per year
Exponential K: .01292739

Kansas Geological Survey
Comments to
Programs Updated Dec. 2002.
Data from Kansas Dept. of Revenue files quarterly.