SMOKEY SEVEN
SMOKEY SEVEN 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 September 2025 to August 2026, totalling 1,083,300 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 $23.2M, with roughly $13.2M 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 124,640 thousand cubic feet a month. Its strongest month on the record we hold was October 2025, at 153,798 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 SMOKEY SEVEN
- Who operates SMOKEY SEVEN?
- SMOKEY SEVEN is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is SMOKEY SEVEN?
- SMOKEY SEVEN is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 300888.
- Is SMOKEY SEVEN still producing?
- SMOKEY SEVEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMOKEY SEVEN is August 2026.
- How much has SMOKEY SEVEN produced?
- SMOKEY SEVEN has reported 1,083,300 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2025 and August 2026, from 1 wellbore.
- How much is SMOKEY SEVEN worth?
- The remaining production from SMOKEY SEVEN is estimated to be worth about $23.2M in total as of 27 August 2026, within a range of $19.0M to $27.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMOKEY SEVEN is a fraction of it. The estimate fits an Arps decline curve to the production SMOKEY SEVEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMOKEY SEVEN is an estimate of value, not an offer and not an appraisal.
- How much income does SMOKEY SEVEN generate in a year?
- SMOKEY SEVEN is forecast to net about $13.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SMOKEY SEVEN 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-3) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 300888 |
| Wellbores | 1 |
| Reported production | 1,083,300 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23.2M |
Where SMOKEY SEVEN 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.