Rhea

Oil & Gas Property in Lavaca County, TX

  2. Texas
  3. Lavaca County, TX
  4. Oil & Gas Properties in Lavaca County, TX
  5. Rhea Oil & Gas Property

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Property Summary

Key data points for Rhea

CountyLavaca County, TX
OperatorBAYTEX ENERGY USA, INC.
Production DatesFeb 2023 - Jan 2024
Total Oil Production201,038 BBLs
Total Gas Production416,961 MCF
Recent Oil Production9,377 BBLs in Dec 2023
Recent Gas Production20,831 MCF in Dec 2023
Wells on Property2

Our Valuation Estimates for Rhea

ShaleAssessment™

Not Available

MarketMultiple™

$1,835,806 **

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

Based on a decimal interest

Rhea Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Rhea
from Feb 2023 to Jan 2024

Wells on Rhea

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-285-34238RHEA A 1HBAYTEX ENERGY USA, INC.ProducingLavaca County, TX29.483640-97.175463
42-285-34239RHEA B 2HBAYTEX ENERGY USA, INC.ProducingLavaca County, TX29.483640-97.175415

Leases included in Rhea

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-12642RHEA ABAYTEX ENERGY USA, INC.Lavaca County, TX
02-12643RHEA BBAYTEX ENERGY USA, INC.Lavaca County, TX

Nearby Properties

These are the closest 20 properties to the Rhea property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArmadilloLavaca County, TX4,502 BBLs15,371 MCFJan 2024
Blonde UnitLavaca County, TX3,855 BBLs4,990 MCFJan 2024
BruciteLavaca County, TX7,198 BBLs13,764 MCFJan 2024
CoyoteLavaca County, TX3,173 BBLs7,750 MCFJan 2024
ErosLavaca County, TX10,216 BBLs16,115 MCFJan 2024
HeatwaveLavaca County, TX2,878 BBLs5,743 MCFJan 2024
Hefe HunterLavaca County, TX1,725 BBLs3,609 MCFJan 2024
Hinze UnitLavaca County, TX2,336 BBLs12,148 MCFJan 2024
JackalopeLavaca County, TX1,826 BBLs4,278 MCFJan 2024
JavelinaLavaca County, TX5,541 BBLs8,430 MCFJan 2024
Kosmo UnitLavaca County, TX276 BBLs195 MCFJan 2024
Leal UnitLavaca County, TX779 BBLs746 MCFJan 2024
Martinsen UnitLavaca County, TX1,584 BBLs9,809 MCFJan 2024
Matias UnitLavaca County, TX848 BBLs2,758 MCFJan 2024
McCreary-Technik (Sa) UnitLavaca County, TX2,545 BBLs6,343 MCFJan 2024
Othold-Martinsen (Sa) UnitLavaca County, TX969 BBLs7,351 MCFJan 2024
Pilsner HunterLavaca County, TX1,273 BBLs381 MCFJan 2024
SapphireLavaca County, TX7,198 BBLs12,343 MCFJan 2024
Sharktooth (Sa) UnitLavaca County, TX2,065 BBLs7,892 MCFJan 2024
Technik UnitLavaca County, TX741 BBLs1,571 MCFJan 2024

Companies in the Area

These are the closest 13 companies operating near the Rhea property.

Company Name
Baytex Energy USA, Inc.
Devon Energy Production Company LP
EOG Resources Inc
Geosouthern Energy Corporation
Marathon Oil Ef LLC
Matrix Petroleum, LLC
Penn VIrginia Oil & Gas, L.P.
Rocc Oil & Gas, L.P.
Rocky Creek Resources, LLC
Rosewood Resources, Inc.
SN Operating, LLC
Tidal Petroleum, Inc.
Warwick-Artemis, LLC

Frac'ing activity on Rhea

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-285-34238Rhea A 1H
42-285-34239Rhea B 2H