LUCKY
LUCKY is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Magnolia Oil & Gas Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 2,174,723 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.3M, with roughly $251K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 5,250 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 165,216 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LUCKY
- Who operates LUCKY?
- LUCKY is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is LUCKY?
- LUCKY is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 287558.
- Is LUCKY still producing?
- LUCKY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUCKY is August 2026.
- How much has LUCKY produced?
- LUCKY has reported 2,174,723 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2018 and August 2026, from 1 wellbore.
- How much is LUCKY worth?
- The remaining production from LUCKY is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUCKY is a fraction of it. The estimate fits an Arps decline curve to the production LUCKY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUCKY is an estimate of value, not an offer and not an appraisal.
- How much income does LUCKY generate in a year?
- LUCKY is forecast to net about $251K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUCKY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnolia Oil & Gas Operating LLC |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 287558 |
| Wellbores | 1 |
| Reported production | 2,174,723 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where LUCKY sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.