BALDWIN FIVE
BALDWIN FIVE 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 July 2025 to August 2026, totalling 878,949 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 $4.6M, with roughly $3.4M 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 82,584 thousand cubic feet a month. Its strongest month on the record we hold was July 2025, at 116,062 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 BALDWIN FIVE
- Who operates BALDWIN FIVE?
- BALDWIN FIVE is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is BALDWIN FIVE?
- BALDWIN FIVE is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 300514.
- Is BALDWIN FIVE still producing?
- BALDWIN FIVE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALDWIN FIVE is August 2026.
- How much has BALDWIN FIVE produced?
- BALDWIN FIVE has reported 878,949 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is BALDWIN FIVE worth?
- The remaining production from BALDWIN FIVE is estimated to be worth about $4.6M in total as of 26 August 2026, within a range of $3.7M to $5.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALDWIN FIVE is a fraction of it. The estimate fits an Arps decline curve to the production BALDWIN FIVE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALDWIN FIVE is an estimate of value, not an offer and not an appraisal.
- How much income does BALDWIN FIVE generate in a year?
- BALDWIN FIVE is forecast to net about $3.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BALDWIN FIVE 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-3) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 300514 |
| Wellbores | 1 |
| Reported production | 878,949 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.6M |
Where BALDWIN FIVE 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.