Rea Unit

Oil & Gas Property in Madison County, TX

  2. Texas
  3. Madison County, TX
  4. Oil & Gas Properties in Madison County, TX
  5. Rea Unit Oil & Gas Property

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Property Summary

Key data points for Rea Unit

CountyMadison County, TX
OperatorVESS OIL CORPORATION
Production DatesFeb 2013 - Oct 2024
Total Oil Production162,869 BBLs
Total Gas Production74,677 MCF
Recent Oil Production368 BBLs in Sep 2024
Recent Gas Production162 MCF in Sep 2024
Wells on Property1

Our Valuation Estimates for Rea Unit

ShaleAssessment™

$24,886 *

MarketMultiple™

$53,053 **

* 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
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Rea Unit
from Feb 2013 to Oct 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, TX468 BBLs0 MCFOct 2024
BelinLeon County, TX0 BBLs0 MCFSep 2023
CarrLeon County, TX0 BBLs0 MCFJun 2023
EllisonLeon County, TX0 BBLs0 MCFJul 2024
Ellison UnitMadison County, TX763 BBLs584 MCFOct 2024
Howard-Moore UnitMadison County, TX3,773 BBLs1,558 MCFOct 2024
J.F. (Allocation)Madison County, TX1,266 BBLs611 MCFSep 2024
Jack HoweMadison County, TX1,772 BBLs0 MCFOct 2024
Johnson James FMadison County, TX0 BBLs1,362 MCFSep 2024
Johnston NoMadison County, TX609 BBLs281 MCFSep 2024
LewisMadison County, TX8,303 BBLs3,687 MCFOct 2024
MericaMadison County, TX10,799 BBLs6,976 MCFSep 2024
NavasotLeon County, TX0 BBLs22,000 MCFOct 2024
PatriotMadison County, TX10,043 BBLs6,570 MCFSep 2024
Plotts UnitMadison County, TX871 BBLs510 MCFOct 2024
SmithMadison County, TX7,091 BBLs2,899 MCFOct 2024
Sully UnitLeon County, TX600 BBLs238 MCFOct 2024
The Grove UnitLeon County, TX1,721 BBLs1,172 MCFOct 2024
TheissMadison County, TX224 BBLs991 MCFOct 2024
Weaver-Ransom-State UnitMadison County, TX1,015 BBLs116 MCFSep 2024

Companies in the Area

These are the closest 10 companies operating near the Rea Unit property.

Company Name
Comstock Oil & Gas, LLC
Conoco Inc.
Contrast Energy, LLC
Devon Energy Production Company LP
Empire Texas Operating LLC
Fossil Operating, Inc.
Giant NRG Co., LP
Vess Oil Corporation
Vital Petroleum LLC
Wildfire Energy Operating LLC

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