MUNSON-OEDING UNIT
MUNSON-OEDING 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 July 2023 to August 2026, totalling 5,744 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 $25K, with roughly $3K 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 136 thousand cubic feet a month. Its strongest month on the record we hold was April 2024, at 263 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MUNSON-OEDING UNIT
- Who operates MUNSON-OEDING UNIT?
- MUNSON-OEDING UNIT is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is MUNSON-OEDING UNIT?
- MUNSON-OEDING UNIT is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 296623.
- Is MUNSON-OEDING UNIT still producing?
- MUNSON-OEDING UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MUNSON-OEDING UNIT is August 2026.
- How much has MUNSON-OEDING UNIT produced?
- MUNSON-OEDING UNIT has reported 5,744 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2023 and August 2026, from 1 wellbore.
- How much is MUNSON-OEDING UNIT worth?
- The remaining production from MUNSON-OEDING UNIT is estimated to be worth about $25K in total as of 26 August 2026, within a range of $20K to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MUNSON-OEDING UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MUNSON-OEDING UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MUNSON-OEDING UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MUNSON-OEDING UNIT generate in a year?
- MUNSON-OEDING UNIT is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MUNSON-OEDING 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 | 296623 |
| Wellbores | 1 |
| Reported production | 5,744 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $25K |
Where MUNSON-OEDING 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.