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CANDLEBOX UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the SUGARKANE (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11134District 02Field 86950300OilCasinghead gasSaveExport
Value, all time
$15.9 M
Sep 2015 – May 2026
Value, last 12 filed months
$609 k
at the published price for each month
Months reported
129
no gaps in the span
Streams
2
oil, casinghead gas

The SUGARKANE (AUSTIN CHALK) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 527 leases and 806 wells, and the rule below applies to all of them.

Discovered
2006-09-07
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-01-12.

The Commission's schedule remark for this field reads: “ INTO SUGARKANE (AUSTIN CHALK) EFF. 11/07/17.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition254,883 bbl$14,089,778
Casinghead gasProduction559,712 Mcf$1,790,533
Total$15,880,311

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.0297, -97.9061. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.02974, -97.90608 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,263 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,263 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-25534676102H10,263 ftDec 2016——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (129)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

129 months

May 20267274,571106.413.05$91,283
Apr 20263682,93498.932.87$44,826
Mar 20267413,25989.753.15$76,769
Feb 202604,61263.503.75$17,296
Jan 20263861,73359.138.00$36,685
Dec 20255793,82356.664.41$49,678
Nov 20257541,28158.593.93$49,207
Oct 20257161,89559.383.30$48,779
Sep 202578578562.743.08$51,666
Aug 20257491,30963.933.01$51,830
Jul 2025563066.743.32$37,575
Jun 20257481,29466.483.13$53,776
May 20257611,95160.553.23$52,385
Apr 20257601,16962.363.54$51,536
Mar 2025578067.704.27$39,131
Feb 20257611,12070.884.34$58,801
Jan 20255761,21374.324.28$47,998
Dec 20249562,09768.993.12$72,500
Nov 20249841,70469.052.20$71,691
Oct 20249451,79471.372.28$71,537
Sep 20245671,60369.612.36$43,259
Aug 20249401,99275.632.06$75,203
Jul 202494669879.932.15$77,112
Jun 20247411,32378.082.63$61,342
May 20249451,21278.812.20$77,140
Apr 20247021,36584.451.66$61,549
Mar 20249611,05480.301.55$78,797
Feb 20247571,84876.091.78$60,896
Jan 20247343,07773.023.30$63,744
Dec 20237611,30971.262.61$57,646
Nov 20239511,08277.892.81$77,111
Oct 20231,1281,79885.443.09$101,927
Sep 20239341,01789.042.74$85,945
Aug 20237571,07480.522.67$63,824
Jul 20231,1221,32574.852.64$87,482
Jun 20231,1332,85268.962.26$84,573
May 20239292,58570.622.23$71,364
Apr 20239253,22578.122.24$79,478
Mar 202354482972.852.39$41,614
Feb 20239233,52575.112.47$78,018
Jan 20239173,06476.533.39$80,558
Dec 20225671,15776.415.73$49,953
Nov 20229481,25085.005.65$87,638
Oct 20229421,50287.185.86$90,931
Sep 20227481,26284.888.16$73,793
Aug 20227531,30294.529.13$83,057
Jul 20229061,006101.587.54$99,619
Jun 20221,2182,837115.097.98$162,811
May 20223401,575109.378.43$50,468
Apr 202201,487104.226.84$10,168
Mar 20223812,632108.885.08$54,844
Feb 202219091391.054.86$21,736
Jan 20229321,15081.844.54$81,493
Dec 20211,1371,16671.323.90$85,637
Nov 202193889077.435.24$77,290
Oct 20211,1341,56379.795.71$99,413
Sep 20211,1371,15469.865.35$85,606
Aug 20219351,33066.024.22$67,342
Jul 20219491,16470.783.98$71,805
Jun 20211,2961,38969.493.38$94,755
May 20219361,33263.483.02$63,437
Apr 20211,1131,15660.362.76$70,369
Mar 20211,4881,72761.302.72$95,907
Feb 20215661,14557.805.55$39,067
Jan 20211,3041,90350.412.81$71,083
Dec 20201,3201,78144.642.68$63,690
Nov 20201,3131,64038.772.71$55,344
Oct 20201,4822,07236.972.48$59,925
Sep 20201,8461,96737.091.99$72,385
Aug 20202,0411,89339.982.39$86,114
Jul 20201,2582,00338.371.83$51,925
Jun 20201,4701,79734.901.69$54,340
May 20201,1191,19716.921.81$21,106
Apr 20201,4531,31514.751.80$23,805
Mar 20201,2641,28230.341.86$40,729
Feb 20201,31195349.881.98$67,280
Jan 20201,1081,07757.252.09$65,689
Dec 20191,4781,32059.012.30$90,259
Nov 20191,8531,26555.302.75$105,951
Oct 20192,2221,69953.472.42$122,919
Sep 20192,1582,46055.052.66$125,335
Aug 20191,6524,76753.112.30$98,723
Jul 20192,1435,53756.272.46$134,208
Jun 20191,8414,79452.782.49$109,111
May 20192,9235,76358.482.74$186,730
Apr 20191,2844,30862.632.75$92,267
Mar 20192,33013,24656.803.06$172,905
Feb 20191,5894,76250.852.79$94,097
Jan 20192,1045,69246.033.23$115,222
Dec 20182,4934,68946.594.19$135,774
Nov 20182,1784,21952.934.24$133,158
Oct 20182,2135,37561.443.40$154,231
Sep 20181,9324,15959.543.11$127,957
Aug 20182,9106,07859.403.07$191,493
Jul 20182,6137,47265.142.93$192,118
Jun 20182,8007,06460.183.08$190,239
May 20182,6078,30265.382.90$194,528
Apr 20183,4088,99863.842.90$243,668
Mar 20183,4859,78361.222.79$240,615
Feb 20183,51711,62561.782.77$249,436
Jan 20183,5789,51362.874.01$263,090
Dec 20174,35212,86157.272.92$286,813
Nov 20174,51413,61155.423.12$292,610
Oct 20175,47515,82849.292.98$317,088
Sep 20175,41118,40147.523.09$313,940
Aug 20175,11717,72345.373.00$285,405
Jul 20176,97824,82243.873.09$382,757
Jun 20177,10829,79442.493.09$394,001
May 20179,48536,76745.373.26$550,320
Apr 201712,26531,49147.933.21$688,998
Mar 201716,26727,33146.772.98$842,355
Feb 201718,97522,67950.452.95$1,024,251
Jan 201724,28327,53149.413.42$1,293,946
Dec 20167,7458,61348.763.72$409,711
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  727 bbl  × $106.41 =    $77,360
Casinghead gas     4,571 Mcf  × $  3.05 =    $13,923

────────────────────────────────────────────────────
Month total                                  $91,283

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/O/11134 is the state's own key, not one this site invented.