BIGHORN PEAK
BIGHORN PEAK 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 February 2022 to August 2026, totalling 1,891,943 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 $8.0M, with roughly $2.0M 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 19,044 thousand cubic feet a month. Its strongest month on the record we hold was February 2022, at 93,179 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 BIGHORN PEAK
- Who operates BIGHORN PEAK?
- BIGHORN PEAK is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is BIGHORN PEAK?
- BIGHORN PEAK is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 295129.
- Is BIGHORN PEAK still producing?
- BIGHORN PEAK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BIGHORN PEAK is August 2026.
- How much has BIGHORN PEAK produced?
- BIGHORN PEAK has reported 1,891,943 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is BIGHORN PEAK worth?
- The remaining production from BIGHORN PEAK is estimated to be worth about $8.0M in total as of 26 August 2026, within a range of $6.5M to $9.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIGHORN PEAK is a fraction of it. The estimate fits an Arps decline curve to the production BIGHORN PEAK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIGHORN PEAK is an estimate of value, not an offer and not an appraisal.
- How much income does BIGHORN PEAK generate in a year?
- BIGHORN PEAK is forecast to net about $2.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BIGHORN PEAK 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 | 295129 |
| Wellbores | 1 |
| Reported production | 1,891,943 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.0M |
Where BIGHORN PEAK 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.