MAGIE 1 Lease |
Lease: MAGIE 1 Operator: Vess Oil Corporation Location: NE NE SW T16S, R29W, Sec. 17 Cumulative Production: 210670.13 barrels (from 1984 to 2023) KS Dept. of Revenue Lease Code: 121176 KS Dept. of Revenue Lease Name: MAGIE #1 |
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Initial production monthly rate (Qi): 109 bbls in 2020
Present production monthly rate (Qt): 79 bbls in 2022 Decline rate (De): 13.6608% per year Exponential K: .01329689 |