CANDLEBOX UNIT
CANDLEBOX UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Blackbrush O & G, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 255,061 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 $1.1M, with roughly $392K 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 606 barrels a month. Its strongest month on the record we hold was January 2017, at 24,085 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CANDLEBOX UNIT
- Who operates CANDLEBOX UNIT?
- CANDLEBOX UNIT is operated by Blackbrush O & G, LLC, Railroad Commission of Texas operator number 073059.
- Where is CANDLEBOX UNIT?
- CANDLEBOX UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11134.
- Is CANDLEBOX UNIT still producing?
- CANDLEBOX UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CANDLEBOX UNIT is August 2026.
- How much has CANDLEBOX UNIT produced?
- CANDLEBOX UNIT has reported 255,061 barrels of oil (bbl) to the Railroad Commission of Texas between September 2015 and August 2026, from 1 wellbore.
- How much is CANDLEBOX UNIT worth?
- The remaining production from CANDLEBOX UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $841K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CANDLEBOX UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CANDLEBOX UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CANDLEBOX UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CANDLEBOX UNIT generate in a year?
- CANDLEBOX UNIT is forecast to net about $392K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CANDLEBOX UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blackbrush O & G, LLC |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11134 |
| Wellbores | 1 |
| Reported production | 255,061 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where CANDLEBOX UNIT 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.