REDWOOD A
REDWOOD A 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 December 2021 to August 2026, totalling 3,519,821 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 $4.7M, with roughly $1.8M 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 29,442 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 201,178 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 REDWOOD A
- Who operates REDWOOD A?
- REDWOOD A is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is REDWOOD A?
- REDWOOD A is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 293664.
- Is REDWOOD A still producing?
- REDWOOD A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REDWOOD A is August 2026.
- How much has REDWOOD A produced?
- REDWOOD A has reported 3,519,821 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2021 and August 2026, from 1 wellbore.
- How much is REDWOOD A worth?
- The remaining production from REDWOOD A is estimated to be worth about $4.7M in total as of 27 August 2026, within a range of $3.9M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REDWOOD A is a fraction of it. The estimate fits an Arps decline curve to the production REDWOOD A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REDWOOD A is an estimate of value, not an offer and not an appraisal.
- How much income does REDWOOD A generate in a year?
- REDWOOD A is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REDWOOD A 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 | 293664 |
| Wellbores | 1 |
| Reported production | 3,519,821 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.7M |
Where REDWOOD A 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.