SOUNDGARDEN UNIT
SOUNDGARDEN UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Magnolia Oil & Gas Operating Llc. It has 3 wellbores on file with the Commission. Reported production runs from October 2023 to August 2026, totalling 340,041 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 $121K, with roughly $53K 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 | 12785 |
| Wellbores | 3 |
| Reported production | 340,041 bbl |
| First reported | October 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $121K |
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.