Rea Unit

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Rea Unit

CountyMadison County, TX
OperatorVESS OIL CORPORATION
Production DatesFeb 2013 - Dec 2024
Total Oil Production163,626 BBLs
Total Gas Production74,979 MCF
Recent Oil Production372 BBLs in Nov 2024
Recent Gas Production158 MCF in Nov 2024
Wells on Property1

Our Valuation Estimates for Rea Unit

ShaleAssessment

$24,207 *

MarketMultiple

$51,708 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Rea Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Rea Unit
from Feb 2013 to Dec 2024

Wells on Rea Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-313-30958REA UNIT 1HVESS OIL CORPORATIONProducingMadison County, TX31.014417-96.132237

Leases included in Rea Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
05-04014REA UNITVESS OIL CORPORATIONMadison County, TX

Nearby Properties

These are the closest 20 properties to the Rea Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Bayou Bengals UnitMadison County, TX439 BBLs0 MCFDec 2024
BelinLeon County, TX0 BBLs0 MCFSep 2023
Blazek-PetersMadison County, TX312 BBLs0 MCFDec 2024
CarrLeon County, TX0 BBLs0 MCFJun 2023
EllisonLeon County, TX0 BBLs0 MCFJul 2024
Ellison UnitMadison County, TX747 BBLs434 MCFDec 2024
J.F. (Allocation)Madison County, TX1,254 BBLs507 MCFNov 2024
Jack HoweMadison County, TX1,213 BBLs0 MCFDec 2024
Johnson James FMadison County, TX62 BBLs2,201 MCFNov 2024
Johnston NoMadison County, TX2,143 BBLs798 MCFNov 2024
LewisMadison County, TX7,624 BBLs3,177 MCFDec 2024
MericaMadison County, TX9,222 BBLs5,728 MCFNov 2024
NavasotLeon County, TX0 BBLs23,375 MCFDec 2024
PatriotMadison County, TX8,616 BBLs5,705 MCFNov 2024
Plotts UnitMadison County, TX809 BBLs396 MCFDec 2024
SmithMadison County, TX6,405 BBLs2,496 MCFDec 2024
Sully UnitLeon County, TX593 BBLs241 MCFDec 2024
The Grove UnitLeon County, TX1,710 BBLs1,130 MCFDec 2024
TheissMadison County, TX248 BBLs567 MCFDec 2024
Weaver-Ransom-State UnitMadison County, TX621 BBLs28 MCFNov 2024

Frac'ing activity on Rea Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-313-30958Rea #1H

Owners of Rea Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VESS TEXAS PARTNERS II LLCREA UNIT (1H)VESS TEXAS PARTNERS
2024REA DOROTHYREA UNIT (1H)VESS TEXAS PARTNERS
2024LLOYD JIMMY ET UXREA UNIT (1H)VESS TEXAS PARTNERS
2024PETERS JO ANNREA UNIT (1H)VESS TEXAS PARTNERS
2024SHANNON JERRY K & ALICEREA UNIT (1H)VESS TEXAS PARTNERS
2024BLAZEK NANCY RREA UNIT (1H)VESS TEXAS PARTNERS
2024EPPS JOHN PATRICKREA UNIT (1H)VESS TEXAS PARTNERS
2024MAPFCB13-NETREA UNIT (1H)VESS TEXAS PARTNERS
Displaying 8 of 73 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Rea Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
05-04014REA UNITOct 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITSep 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITAug 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITJul 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITJun 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITMay 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITApr 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITMar 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITFeb 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITJan 2024ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITDec 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITNov 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITOct 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITSep 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITAug 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITJul 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITJun 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITMay 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITApr 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITMar 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITFeb 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITJan 2023ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITDec 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITNov 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITOct 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION