COMMODORE FOUR
COMMODORE FOUR 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 January 2025 to August 2026, totalling 628,940 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 the whole lease — a 100% undivided interest — at about $71.3M, with roughly $14.9M 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 43,242 thousand cubic feet a month. Its strongest month on the record we hold was January 2026, at 119,552 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 COMMODORE FOUR
- Who operates COMMODORE FOUR?
- COMMODORE FOUR is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is COMMODORE FOUR?
- COMMODORE FOUR is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 301018.
- Is COMMODORE FOUR still producing?
- COMMODORE FOUR is intermittent. The most recent month of production reported to the Railroad Commission of Texas for COMMODORE FOUR is August 2026.
- How much has COMMODORE FOUR produced?
- COMMODORE FOUR has reported 628,940 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2025 and August 2026, from 1 wellbore.
- How much is COMMODORE FOUR worth?
- The remaining production from COMMODORE FOUR is estimated to be worth about $71.3M in total as of 26 August 2026, within a range of $58.5M to $84.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COMMODORE FOUR is a fraction of it. The estimate fits an Arps decline curve to the production COMMODORE FOUR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COMMODORE FOUR is an estimate of value, not an offer and not an appraisal.
- How much income does COMMODORE FOUR generate in a year?
- COMMODORE FOUR is forecast to net about $14.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COMMODORE FOUR 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 | 301018 |
| Wellbores | 1 |
| Reported production | 628,940 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $71.3M |
Where COMMODORE FOUR 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.