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 - Apr 2025
Total Oil Production247,136 BBLs
Total Gas Production530,265 MCF
Recent Oil Production589 BBLs in Mar 2025
Recent Gas Production0 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Candlebox Unit

ShaleAssessment

$28,951 *

MarketMultiple

$103,188 **

* 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 Apr 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.
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
Crowder UnitKarnes County, TX1,875 BBLs2,782 MCFApr 2025
FoegelleKarnes County, TX0 BBLs0 MCFJun 2019
Foegelle-Dugie UnitKarnes County, TX4,044 BBLs12,518 MCFApr 2025
Hillsong UnitKarnes County, TX745 BBLs3,011 MCFApr 2025
Incubus UnitKarnes County, TX736 BBLs2,765 MCFApr 2025
KainerKarnes County, TX0 BBLs0 MCFOct 2016
Kolodziej-Pawelek UnitKarnes County, TX6,166 BBLs13,564 MCFApr 2025
Kopecki Horizontal UnitKarnes County, TX5,848 BBLs7,576 MCFApr 2025
Mumford UnitKarnes County, TX143 BBLs1,253 MCFApr 2025
Mutz UnitKarnes County, TX497 BBLs655 MCFApr 2025
PawelekKarnes County, TX332 BBLs960 MCFApr 2025
PeppersKarnes County, TX25,637 BBLs88,993 MCFApr 2025
SaltKarnes County, TX17,698 BBLs65,658 MCFApr 2025
Salt BLKarnes County, TX12,890 BBLs54,975 MCFApr 2025
Salt GRKarnes County, TX4,726 BBLs5,174 MCFApr 2025
Salt OrangeKarnes County, TX12,287 BBLs45,680 MCFApr 2025
Salt WhiteKarnes County, TX2,750 BBLs4,668 MCFApr 2025
Salt YellowKarnes County, TX4,129 BBLs9,162 MCFApr 2025
Shinedown UnitKarnes County, TX837 BBLs2,359 MCFApr 2025
Weezer UnitKarnes County, TX1,355 BBLs5,321 MCFApr 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
2024MAGNOLIA OIL & GAS OPERATINGCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024JASKINIA FLORENCECANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024BROCKMAN MIKECANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024BROWN KEITH HCANDLEBOX UNIT W#102HMAGNOLIA OIL & GAS
2024MCLEMORE CYNTHIA LYNN BROWNCANDLEBOX 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 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