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 - Jul 2025
Total Oil Production249,265 BBLs
Total Gas Production533,510 MCF
Recent Oil Production732 BBLs in Jun 2025
Recent Gas Production1,294 MCF in Jun 2025
Wells on Property1

Our Valuation Estimates for Candlebox Unit

ShaleAssessment

$27,925 *

MarketMultiple

$94,700 **

* 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 Jul 2025

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, TX330 BBLs1,863 MCFJul 2025
Crowder UnitKarnes County, TX2,355 BBLs3,095 MCFJul 2025
FoegelleKarnes County, TX0 BBLs0 MCFJun 2019
Foegelle-Dugie UnitKarnes County, TX3,548 BBLs17,920 MCFJul 2025
Hillsong UnitKarnes County, TX668 BBLs3,050 MCFJul 2025
Incubus UnitKarnes County, TX634 BBLs2,933 MCFJul 2025
KainerKarnes County, TX0 BBLs0 MCFOct 2016
Kolodziej-Pawelek UnitKarnes County, TX5,550 BBLs12,581 MCFJul 2025
Kopecki Horizontal UnitKarnes County, TX3,243 BBLs3,859 MCFJul 2025
Mumford UnitKarnes County, TX311 BBLs458 MCFJul 2025
PawelekKarnes County, TX126 BBLs623 MCFJul 2025
PeppersKarnes County, TX20,538 BBLs82,093 MCFJul 2025
SaltKarnes County, TX12,183 BBLs49,880 MCFJul 2025
Salt BLKarnes County, TX8,106 BBLs45,274 MCFJul 2025
Salt GRKarnes County, TX3,136 BBLs4,860 MCFJul 2025
Salt OrangeKarnes County, TX9,010 BBLs34,035 MCFJul 2025
Salt WhiteKarnes County, TX2,282 BBLs3,452 MCFJul 2025
Salt YellowKarnes County, TX3,876 BBLs6,512 MCFJul 2025
Shinedown UnitKarnes County, TX943 BBLs3,044 MCFJul 2025
Weezer UnitKarnes County, TX1,479 BBLs5,863 MCFJul 2025

Frac'ing activity on Candlebox Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-255-34676Candlebox 102H

Owners of Candlebox Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MAGNOLIA OIL & GAS OPERATINGCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2025JASKINIA FLORENCECANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2025BROCKMAN MIKECANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2025MCLEMORE CYNTHIA LYNN BROWNCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2025BROWN KEITH HCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2025JABCO LLPCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2025COMMERCE FIRST ROYALTIES LPCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2025WMMW 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 UNITApr 2025ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITMar 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITFeb 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITFeb 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJan 2025SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITJan 2025MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITDec 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITDec 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITDec 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITDec 2024MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITNov 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITNov 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITOct 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITOct 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITSep 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITSep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITAug 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITAug 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITAug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-11134CANDLEBOX UNITAug 2024MAGNOLIA 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