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 - Jun 2025
Total Oil Production248,677 BBLs
Total Gas Production533,510 MCF
Recent Oil Production809 BBLs in May 2025
Recent Gas Production1,951 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Candlebox Unit

ShaleAssessment

$28,283 *

MarketMultiple

$98,462 **

* 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 Jun 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, TX320 BBLs2,026 MCFJun 2025
Crowder UnitKarnes County, TX1,433 BBLs2,225 MCFJun 2025
FoegelleKarnes County, TX0 BBLs0 MCFJun 2019
Foegelle-Dugie UnitKarnes County, TX5,037 BBLs21,933 MCFJun 2025
Hillsong UnitKarnes County, TX567 BBLs2,804 MCFJun 2025
Incubus UnitKarnes County, TX685 BBLs2,930 MCFJun 2025
KainerKarnes County, TX0 BBLs0 MCFOct 2016
Kolodziej-Pawelek UnitKarnes County, TX5,745 BBLs17,352 MCFJun 2025
Kopecki Horizontal UnitKarnes County, TX3,601 BBLs3,842 MCFJun 2025
Mumford UnitKarnes County, TX63 BBLs567 MCFJun 2025
PawelekKarnes County, TX325 BBLs1,061 MCFJun 2025
PeppersKarnes County, TX22,809 BBLs78,090 MCFJun 2025
SaltKarnes County, TX13,811 BBLs55,494 MCFJun 2025
Salt BLKarnes County, TX9,460 BBLs48,628 MCFJun 2025
Salt GRKarnes County, TX3,603 BBLs5,649 MCFJun 2025
Salt OrangeKarnes County, TX10,245 BBLs36,663 MCFJun 2025
Salt WhiteKarnes County, TX2,556 BBLs4,637 MCFJun 2025
Salt YellowKarnes County, TX4,320 BBLs7,332 MCFJun 2025
Shinedown UnitKarnes County, TX947 BBLs2,888 MCFJun 2025
Weezer UnitKarnes County, TX1,531 BBLs5,533 MCFJun 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
2025MCLEMORE CYNTHIA LYNN BROWNCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2025BROCKMAN MIKECANDLEBOX 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