SILVERCHAIR UNIT
SILVERCHAIR UNIT is a Texas oil lease in Karnes County, Railroad Commission district 02, operated by Magnolia Oil & Gas Operating LLC. It has 5 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 940,738 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 $8.0M, with roughly $2.1M 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 3,140 barrels a month, about 628 per wellbore. Its strongest month on the record we hold was October 2018, at 56,844 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SILVERCHAIR UNIT
- Who operates SILVERCHAIR UNIT?
- SILVERCHAIR UNIT is operated by Magnolia Oil & Gas Operating LLC, Railroad Commission of Texas operator number 521544.
- Where is SILVERCHAIR UNIT?
- SILVERCHAIR UNIT is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11697.
- Is SILVERCHAIR UNIT still producing?
- SILVERCHAIR UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SILVERCHAIR UNIT is August 2026.
- How much has SILVERCHAIR UNIT produced?
- SILVERCHAIR UNIT has reported 940,738 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 5 wellbores.
- How much is SILVERCHAIR UNIT worth?
- The remaining production from SILVERCHAIR UNIT is estimated to be worth about $8.0M in total as of 27 August 2026, within a range of $6.6M to $9.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SILVERCHAIR UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SILVERCHAIR UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SILVERCHAIR UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SILVERCHAIR UNIT generate in a year?
- SILVERCHAIR UNIT is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SILVERCHAIR UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magnolia Oil & Gas Operating LLC |
|---|---|
| Field | Eagleville (Eagle Ford-2) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 11697 |
| Wellbores | 5 |
| Reported production | 940,738 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.0M |
Where SILVERCHAIR 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.