OPIELA
OPIELA is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Magnolia Oil & Gas Operating LLC. It has 4 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 622,049 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.9M, with roughly $794K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 1,419 barrels a month, about 355 per wellbore. Its strongest month on the record we hold was October 2018, at 70,747 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about OPIELA
- Who operates OPIELA?
- OPIELA is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is OPIELA?
- OPIELA is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11511.
- Is OPIELA still producing?
- OPIELA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OPIELA is August 2026.
- How much has OPIELA produced?
- OPIELA has reported 622,049 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 4 wellbores.
- How much is OPIELA worth?
- The remaining production from OPIELA is estimated to be worth about $1.9M in total as of 26 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OPIELA is a fraction of it. The estimate fits an Arps decline curve to the production OPIELA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OPIELA is an estimate of value, not an offer and not an appraisal.
- How much income does OPIELA generate in a year?
- OPIELA is forecast to net about $794K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OPIELA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnolia Oil & Gas Operating LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11511 |
| Wellbores | 4 |
| Reported production | 622,049 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where OPIELA sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.