DIETZ O.L. UNIT

DIETZ O.L. UNIT 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 2024 to August 2026, totalling 239,302 thousand cubic feet. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $204K, with roughly $123K expected over the next twelve months. Over the last twelve months on file it averaged 16,885 thousand cubic feet a month. Its strongest month on the record we hold was January 2026, at 49,961 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.

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.