RIDGE FOX
RIDGE FOX 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 April 2023 to August 2026, totalling 3,677,043 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 $21.6M, with roughly $5.0M 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 64,445 thousand cubic feet a month. Its strongest month on the record we hold was June 2023, at 173,161 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 RIDGE FOX
- Who operates RIDGE FOX?
- RIDGE FOX is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is RIDGE FOX?
- RIDGE FOX is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 297491.
- Is RIDGE FOX still producing?
- RIDGE FOX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RIDGE FOX is August 2026.
- How much has RIDGE FOX produced?
- RIDGE FOX has reported 3,677,043 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is RIDGE FOX worth?
- The remaining production from RIDGE FOX is estimated to be worth about $21.6M in total as of 27 August 2026, within a range of $17.7M to $25.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RIDGE FOX is a fraction of it. The estimate fits an Arps decline curve to the production RIDGE FOX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RIDGE FOX is an estimate of value, not an offer and not an appraisal.
- How much income does RIDGE FOX generate in a year?
- RIDGE FOX is forecast to net about $5.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RIDGE FOX 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 | 297491 |
| Wellbores | 1 |
| Reported production | 3,677,043 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.6M |
Where RIDGE FOX 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.