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 - Jan 2025
Total Oil Production164,004 BBLs
Total Gas Production75,115 MCF
Recent Oil Production385 BBLs in Dec 2024
Recent Gas Production144 MCF in Dec 2024
Wells on Property1

Our Valuation Estimates for Rea Unit

ShaleAssessment™

$23,942 *

MarketMultiple™

$50,866 **

* 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 Jan 2025

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, TX492 BBLs0 MCFJan 2025
BelinLeon County, TX0 BBLs0 MCFSep 2023
CarrLeon County, TX0 BBLs0 MCFJun 2023
EllisonLeon County, TX0 BBLs0 MCFJul 2024
Ellison UnitMadison County, TX778 BBLs391 MCFJan 2025
Howard-Moore UnitMadison County, TX3,698 BBLs1,658 MCFJan 2025
J.F. (Allocation)Madison County, TX1,279 BBLs538 MCFDec 2024
Jack HoweMadison County, TX683 BBLs0 MCFJan 2025
Johnson James FMadison County, TX22 BBLs2,204 MCFDec 2024
Johnston NoMadison County, TX2,496 BBLs993 MCFDec 2024
LewisMadison County, TX7,480 BBLs3,118 MCFJan 2025
MericaMadison County, TX8,387 BBLs5,018 MCFDec 2024
NavasotLeon County, TX0 BBLs32,875 MCFJan 2025
PatriotMadison County, TX8,476 BBLs5,590 MCFDec 2024
Plotts UnitMadison County, TX843 BBLs416 MCFJan 2025
SmithMadison County, TX6,348 BBLs2,450 MCFJan 2025
Sully UnitLeon County, TX614 BBLs211 MCFJan 2025
The Grove UnitLeon County, TX1,749 BBLs1,100 MCFJan 2025
TheissMadison County, TX259 BBLs639 MCFJan 2025
Weaver-Ransom-State UnitMadison County, TX534 BBLs12 MCFDec 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

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