SALT ORANGE
SALT ORANGE is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Magnolia Oil & Gas Operating Llc. It has 1 wellbore on file with the Commission. Reported production runs from July 2024 to August 2026, totalling 255,504 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 $130K, with roughly $67K 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 | 12837 |
| Wellbores | 1 |
| Reported production | 255,504 bbl |
| First reported | July 2024 |
| Last reported | August 2026 |
| Estimated royalty value | $130K |
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.