DAYBLAZER RED
DAYBLAZER RED 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 July 2023 to August 2026, totalling 465,829 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 $1.4M, with roughly $816K 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 6,564 thousand cubic feet a month. Its strongest month on the record we hold was November 2023, at 29,300 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 DAYBLAZER RED
- Who operates DAYBLAZER RED?
- DAYBLAZER RED is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is DAYBLAZER RED?
- DAYBLAZER RED is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 301664.
- Is DAYBLAZER RED still producing?
- DAYBLAZER RED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAYBLAZER RED is August 2026.
- How much has DAYBLAZER RED produced?
- DAYBLAZER RED has reported 465,829 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is DAYBLAZER RED worth?
- The remaining production from DAYBLAZER RED is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAYBLAZER RED is a fraction of it. The estimate fits an Arps decline curve to the production DAYBLAZER RED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAYBLAZER RED is an estimate of value, not an offer and not an appraisal.
- How much income does DAYBLAZER RED generate in a year?
- DAYBLAZER RED is forecast to net about $816K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAYBLAZER RED 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 | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 301664 |
| Wellbores | 1 |
| Reported production | 465,829 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where DAYBLAZER RED 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.