BECK UNIT
BECK UNIT is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Magnolia Oil & Gas Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2018 to August 2026, totalling 663,967 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 $1.4M, with roughly $295K 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 1,938 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 61,377 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 BECK UNIT
- Who operates BECK UNIT?
- BECK UNIT is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is BECK UNIT?
- BECK UNIT is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 294988.
- Is BECK UNIT still producing?
- BECK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BECK UNIT is August 2026.
- How much has BECK UNIT produced?
- BECK UNIT has reported 663,967 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2018 and August 2026, from 1 wellbore.
- How much is BECK UNIT worth?
- The remaining production from BECK UNIT is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.2M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BECK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BECK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BECK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BECK UNIT generate in a year?
- BECK UNIT is forecast to net about $295K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BECK 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 | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 294988 |
| Wellbores | 1 |
| Reported production | 663,967 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where BECK 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.