FOO UNIT

FOO UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Magnolia Oil & Gas Operating Llc. It has 6 wellbores on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 812,449 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $168K, with roughly $49K expected over the next twelve months.

OperatorMagnolia Oil & Gas Operating Llc
FieldEagleville (Eagle Ford-2)
CountyKarnes County, Texas
RRC district02
Lease number11883
Wellbores6
Reported production812,449 bbl
First reportedJune 2019
Last reportedAugust 2026
Estimated royalty value$168K

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.