NIRVANA LIKE
NIRVANA LIKE 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 October 2025 to August 2026, totalling 80,201 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 $11.9M, with roughly $5.6M 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 10,829 barrels a month. Its strongest month on the record we hold was December 2025, at 19,087 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NIRVANA LIKE
- Who operates NIRVANA LIKE?
- NIRVANA LIKE is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is NIRVANA LIKE?
- NIRVANA LIKE is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 13160.
- Is NIRVANA LIKE still producing?
- NIRVANA LIKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIRVANA LIKE is August 2026.
- How much has NIRVANA LIKE produced?
- NIRVANA LIKE has reported 80,201 barrels of oil (bbl) to the Railroad Commission of Texas between October 2025 and August 2026, from 1 wellbore.
- How much is NIRVANA LIKE worth?
- The remaining production from NIRVANA LIKE is estimated to be worth about $11.9M in total as of 26 August 2026, within a range of $9.7M to $14.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIRVANA LIKE is a fraction of it. The estimate fits an Arps decline curve to the production NIRVANA LIKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIRVANA LIKE is an estimate of value, not an offer and not an appraisal.
- How much income does NIRVANA LIKE generate in a year?
- NIRVANA LIKE is forecast to net about $5.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NIRVANA LIKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnolia Oil & Gas Operating LLC |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 13160 |
| Wellbores | 1 |
| Reported production | 80,201 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.9M |
Where NIRVANA LIKE 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.