GAMBIT CHECK

GAMBIT CHECK is a Texas gas lease in Fayette 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 2023 to August 2026, totalling 2,480,045 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 a standard royalty share at about $23K, with roughly $13K expected over the next twelve months.

OperatorMagnolia Oil & Gas Operating Llc
FieldGiddings (Austin Chalk, Gas)
CountyFayette County, Texas
RRC district03
Lease number296246
Wellbores1
Reported production2,480,045 mcf
First reportedFebruary 2023
Last reportedAugust 2026
Estimated royalty value$23K

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.