BYRDE
BYRDE 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 May 2023 to August 2026, totalling 3,764,757 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 $3.7M, with roughly $1.6M 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 52,950 thousand cubic feet a month. Its strongest month on the record we hold was June 2023, at 244,085 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 BYRDE
- Who operates BYRDE?
- BYRDE is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is BYRDE?
- BYRDE is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 297160.
- Is BYRDE still producing?
- BYRDE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BYRDE is August 2026.
- How much has BYRDE produced?
- BYRDE has reported 3,764,757 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2023 and August 2026, from 1 wellbore.
- How much is BYRDE worth?
- The remaining production from BYRDE is estimated to be worth about $3.7M in total as of 27 August 2026, within a range of $3.1M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BYRDE is a fraction of it. The estimate fits an Arps decline curve to the production BYRDE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BYRDE is an estimate of value, not an offer and not an appraisal.
- How much income does BYRDE generate in a year?
- BYRDE is forecast to net about $1.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BYRDE 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 | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 297160 |
| Wellbores | 1 |
| Reported production | 3,764,757 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.7M |
Where BYRDE 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.