BLOWFISH UNIT

BLOWFISH 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 June 2022 to August 2026, totalling 389,428 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 $1.9M, with roughly $575K 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 4,040 thousand cubic feet a month. Its strongest month on the record we hold was October 2022, at 35,752 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 BLOWFISH UNIT

Who operates BLOWFISH UNIT?
BLOWFISH UNIT is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
Where is BLOWFISH UNIT?
BLOWFISH UNIT is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 295392.
Is BLOWFISH UNIT still producing?
BLOWFISH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLOWFISH UNIT is August 2026.
How much has BLOWFISH UNIT produced?
BLOWFISH UNIT has reported 389,428 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
How much is BLOWFISH UNIT worth?
The remaining production from BLOWFISH UNIT is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.6M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLOWFISH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLOWFISH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLOWFISH UNIT is an estimate of value, not an offer and not an appraisal.
How much income does BLOWFISH UNIT generate in a year?
BLOWFISH UNIT is forecast to net about $575K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLOWFISH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BLOWFISH UNIT as filed with the Railroad Commission of Texas
OperatorMagnolia Oil & Gas Operating LLC
FieldSugarkane (Austin Chalk)
CountyKarnes County, Texas
RRC district02
Lease number295392
Wellbores1
Reported production389,428 mcf
First reported
Last reported
Estimated royalty value$1.9M

Where BLOWFISH 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.