FAT TIRE B
FAT TIRE B is a Texas oil 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 March 2021 to August 2026, totalling 282,739 barrels. 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 $3.4M, with roughly $760K 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 1,113 barrels a month. Its strongest month on the record we hold was April 2021, at 25,071 barrels. 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 FAT TIRE B
- Who operates FAT TIRE B?
- FAT TIRE B is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is FAT TIRE B?
- FAT TIRE B is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27923.
- Is FAT TIRE B still producing?
- FAT TIRE B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAT TIRE B is August 2026.
- How much has FAT TIRE B produced?
- FAT TIRE B has reported 282,739 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
- How much is FAT TIRE B worth?
- The remaining production from FAT TIRE B is estimated to be worth about $3.4M in total as of 26 August 2026, within a range of $2.8M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAT TIRE B is a fraction of it. The estimate fits an Arps decline curve to the production FAT TIRE B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAT TIRE B is an estimate of value, not an offer and not an appraisal.
- How much income does FAT TIRE B generate in a year?
- FAT TIRE B is forecast to net about $760K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAT TIRE B 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 | 27923 |
| Wellbores | 1 |
| Reported production | 282,739 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.4M |
Where FAT TIRE B 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.