MAGNOLIA, BACK
MAGNOLIA, BACK is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Estacado Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 40,381 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 $8K, with roughly $1K 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 40 thousand cubic feet a month. Its strongest month on the record we hold was February 2021, at 376 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MAGNOLIA, BACK
- Who operates MAGNOLIA, BACK?
- MAGNOLIA, BACK is operated by Estacado Energy, Inc., Railroad Commission of Texas operator number 254440.
- Where is MAGNOLIA, BACK?
- MAGNOLIA, BACK is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 026453.
- Is MAGNOLIA, BACK still producing?
- MAGNOLIA, BACK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAGNOLIA, BACK is August 2026.
- How much has MAGNOLIA, BACK produced?
- MAGNOLIA, BACK has reported 40,381 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MAGNOLIA, BACK worth?
- The remaining production from MAGNOLIA, BACK is estimated to be worth about $8K in total as of 26 August 2026, within a range of $4K to $11K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAGNOLIA, BACK is a fraction of it. The estimate fits an Arps decline curve to the production MAGNOLIA, BACK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAGNOLIA, BACK is an estimate of value, not an offer and not an appraisal.
- How much income does MAGNOLIA, BACK generate in a year?
- MAGNOLIA, BACK is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAGNOLIA, BACK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Estacado Energy, Inc. |
|---|---|
| Field | Panhandle, East |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 026453 |
| Wellbores | 1 |
| Reported production | 40,381 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where MAGNOLIA, BACK 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.