OPIELA
OPIELA is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Magnolia Oil & Gas Operating Llc. It has 7 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 2,165,202 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $287K, with roughly $85K expected over the next twelve months.
| Operator | Magnolia Oil & Gas Operating Llc |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11512 |
| Wellbores | 7 |
| Reported production | 2,165,202 bbl |
| First reported | March 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $287K |
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.