FOO-HERO
FOO-HERO 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 August 2019 to August 2026, totalling 109,553 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 $944K, with roughly $180K 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 346 barrels a month. Its strongest month on the record we hold was February 2020, at 11,006 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-HERO
- Who operates FOO-HERO?
- FOO-HERO is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is FOO-HERO?
- FOO-HERO is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11891.
- Is FOO-HERO still producing?
- FOO-HERO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOO-HERO is August 2026.
- How much has FOO-HERO produced?
- FOO-HERO has reported 109,553 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is FOO-HERO worth?
- The remaining production from FOO-HERO is estimated to be worth about $944K in total as of 26 August 2026, within a range of $737K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOO-HERO is a fraction of it. The estimate fits an Arps decline curve to the production FOO-HERO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FOO-HERO is an estimate of value, not an offer and not an appraisal.
- How much income does FOO-HERO generate in a year?
- FOO-HERO is forecast to net about $180K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOO-HERO 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 | 11891 |
| Wellbores | 1 |
| Reported production | 109,553 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $944K |
Where FOO-HERO 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.