MARY LOU UNIT
MARY LOU UNIT 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 September 2019 to August 2026, totalling 1,382,576 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 $907K, with roughly $350K 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 6,194 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 99,095 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 MARY LOU UNIT
- Who operates MARY LOU UNIT?
- MARY LOU UNIT is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is MARY LOU UNIT?
- MARY LOU UNIT is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 289880.
- Is MARY LOU UNIT still producing?
- MARY LOU UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MARY LOU UNIT is August 2026.
- How much has MARY LOU UNIT produced?
- MARY LOU UNIT has reported 1,382,576 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2019 and August 2026, from 1 wellbore.
- How much is MARY LOU UNIT worth?
- The remaining production from MARY LOU UNIT is estimated to be worth about $907K in total as of 27 August 2026, within a range of $752K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MARY LOU UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MARY LOU UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MARY LOU UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MARY LOU UNIT generate in a year?
- MARY LOU UNIT is forecast to net about $350K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MARY LOU UNIT 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 | 289880 |
| Wellbores | 1 |
| Reported production | 1,382,576 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $907K |
Where MARY LOU UNIT 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.