JOHN DIETZ
JOHN DIETZ is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Magnolia Oil & Gas Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 3,021,117 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 $12.4M, with roughly $3.7M 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 67,585 thousand cubic feet a month. Its strongest month on the record we hold was April 2024, at 253,365 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JOHN DIETZ
- Who operates JOHN DIETZ?
- JOHN DIETZ is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is JOHN DIETZ?
- JOHN DIETZ is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 298209.
- Is JOHN DIETZ still producing?
- JOHN DIETZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHN DIETZ is August 2026.
- How much has JOHN DIETZ produced?
- JOHN DIETZ has reported 3,021,117 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2024 and August 2026, from 1 wellbore.
- How much is JOHN DIETZ worth?
- The remaining production from JOHN DIETZ is estimated to be worth about $12.4M in total as of 27 August 2026, within a range of $10.2M to $14.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHN DIETZ is a fraction of it. The estimate fits an Arps decline curve to the production JOHN DIETZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHN DIETZ is an estimate of value, not an offer and not an appraisal.
- How much income does JOHN DIETZ generate in a year?
- JOHN DIETZ is forecast to net about $3.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOHN DIETZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnolia Oil & Gas Operating LLC |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 298209 |
| Wellbores | 1 |
| Reported production | 3,021,117 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.4M |
Where JOHN DIETZ 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.