Candlebox Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Candlebox Unit

CountyKarnes County, TX
OperatorMAGNOLIA OIL & GAS OPERATING LLC
Production DatesDec 2016 - Aug 2024
Total Oil Production241,062 BBLs
Total Gas Production519,433 MCF
Recent Oil Production906 BBLs in Jul 2024
Recent Gas Production698 MCF in Jul 2024
Wells on Property1

Our Valuation Estimates for Candlebox Unit

ShaleAssessment

$32,118 *

MarketMultiple

$115,417 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Candlebox Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Candlebox Unit
from Dec 2016 to Aug 2024

Wells on Candlebox Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-34676CANDLEBOX UNIT 102HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX29.016583-97.897505

Leases included in Candlebox Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-11134CANDLEBOX UNITMAGNOLIA OIL & GAS OPERATING LLCKarnes County, TX

Nearby Properties

These are the closest 20 properties to the Candlebox Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beck UnitKarnes County, TX515 BBLs4,243 MCFAug 2024
Crowder UnitKarnes County, TX2,815 BBLs5,077 MCFAug 2024
FoegelleKarnes County, TX0 BBLs0 MCFJun 2019
Foegelle-Dugie UnitKarnes County, TX2,494 BBLs19,521 MCFAug 2024
Hillsong UnitKarnes County, TX759 BBLs1,231 MCFAug 2024
Incubus UnitKarnes County, TX1,118 BBLs1,146 MCFAug 2024
KainerKarnes County, TX0 BBLs0 MCFOct 2016
Kolodziej-Pawelek UnitKarnes County, TX3,083 BBLs4,687 MCFAug 2024
Kopecki Horizontal UnitKarnes County, TX2,851 BBLs3,542 MCFAug 2024
LeonardKarnes County, TX21,545 BBLs124,107 MCFAug 2024
Mumford UnitKarnes County, TX435 BBLs2,140 MCFAug 2024
PawelekKarnes County, TX308 BBLs1,114 MCFAug 2024
PeppersKarnes County, TX30,722 BBLs84,946 MCFAug 2024
PersonKarnes County, TX0 BBLs0 MCFMay 2019
Salt GRKarnes County, TX2,973 BBLs4,588 MCFSep 2024
Salt Orange 106HKarnes County, TX859 BBLs1,154 MCFSep 2024
Salt Red 1HKarnes County, TX2,511 BBLs2,820 MCFSep 2024
Salt White 3HKarnes County, TX2,661 BBLs3,228 MCFSep 2024
Shinedown UnitKarnes County, TX1,149 BBLs1,567 MCFAug 2024
Weezer UnitKarnes County, TX681 BBLs7,248 MCFAug 2024

Owners of Candlebox Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MAGNOLIA OIL & GAS OPERATINGCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024JASKINIA FLORENCECANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024BROCKMAN MIKECANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024MCLEMORE CYNTHIA LYNN BROWNCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024BROWN KEITH HCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024JABCO LLPCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024COMMERCE FIRST ROYALTIES LPCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024WMMW LLCCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
Displaying 8 of 14 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Candlebox Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-11134CANDLEBOX UNITAug 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJul 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJun 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJun 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJun 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJun 2024MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITMay 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITMay 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITMay 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITMay 2024MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITApr 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITApr 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITApr 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITApr 2024MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITMar 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITMar 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITFeb 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITFeb 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITFeb 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITFeb 2024MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJan 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJan 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJan 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJan 2024MAGNOLIA OIL & GAS OPERATING LLC