FOO CONGREGATION
FOO CONGREGATION is a Texas oil 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 205,530 barrels. 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 $815K, with roughly $253K 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 439 barrels a month. Its strongest month on the record we hold was March 2018, at 29,459 barrels. 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 FOO CONGREGATION
- Who operates FOO CONGREGATION?
- FOO CONGREGATION is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is FOO CONGREGATION?
- FOO CONGREGATION is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11494.
- Is FOO CONGREGATION still producing?
- FOO CONGREGATION is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOO CONGREGATION is August 2026.
- How much has FOO CONGREGATION produced?
- FOO CONGREGATION has reported 205,530 barrels of oil (bbl) to the Railroad Commission of Texas between February 2018 and August 2026, from 1 wellbore.
- How much is FOO CONGREGATION worth?
- The remaining production from FOO CONGREGATION is estimated to be worth about $815K in total as of 26 August 2026, within a range of $636K to $994K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOO CONGREGATION is a fraction of it. The estimate fits an Arps decline curve to the production FOO CONGREGATION has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOO CONGREGATION is an estimate of value, not an offer and not an appraisal.
- How much income does FOO CONGREGATION generate in a year?
- FOO CONGREGATION is forecast to net about $253K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOO CONGREGATION receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnolia Oil & Gas Operating LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11494 |
| Wellbores | 1 |
| Reported production | 205,530 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $815K |
Where FOO CONGREGATION 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.