BISS ONE
BISS ONE 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 November 2024 to August 2026, totalling 2,786,664 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 $5.8M, with roughly $3.6M 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 120,675 thousand cubic feet a month. Its strongest month on the record we hold was December 2024, at 267,397 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 BISS ONE
- Who operates BISS ONE?
- BISS ONE is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is BISS ONE?
- BISS ONE is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 298920.
- Is BISS ONE still producing?
- BISS ONE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BISS ONE is August 2026.
- How much has BISS ONE produced?
- BISS ONE has reported 2,786,664 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2024 and August 2026, from 1 wellbore.
- How much is BISS ONE worth?
- The remaining production from BISS ONE is estimated to be worth about $5.8M in total as of 27 August 2026, within a range of $4.8M to $6.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BISS ONE is a fraction of it. The estimate fits an Arps decline curve to the production BISS ONE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BISS ONE is an estimate of value, not an offer and not an appraisal.
- How much income does BISS ONE generate in a year?
- BISS ONE is forecast to net about $3.6M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BISS ONE 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 | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 298920 |
| Wellbores | 1 |
| Reported production | 2,786,664 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where BISS ONE 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.