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 2024
Total Oil Production158,961 BBLs
Total Gas Production72,982 MCF
Recent Oil Production421 BBLs in Dec 2023
Recent Gas Production144 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Rea Unit

ShaleAssessment™

$32,189 *

MarketMultiple™

$56,323 **

* 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 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, TX501 BBLs0 MCFJan 2024
BelinLeon County, TX0 BBLs0 MCFSep 2023
BraveMadison County, TX5,635 BBLs5,366 MCFJan 2024
CarrLeon County, TX0 BBLs0 MCFApr 2023
DukeMadison County, TX2,684 BBLs4,249 MCFJan 2024
EllisonLeon County, TX0 BBLs0 MCFJun 2022
Ellison UnitMadison County, TX839 BBLs455 MCFJan 2024
Howard-Moore UnitMadison County, TX4,827 BBLs1,606 MCFJan 2024
J.F. (Allocation)Madison County, TX1,532 BBLs680 MCFJan 2024
Jack HoweMadison County, TX1,561 BBLs0 MCFJan 2024
Johnson James FMadison County, TX0 BBLs1,483 MCFJan 2024
Johnston NoMadison County, TX772 BBLs447 MCFJan 2024
LewisMadison County, TX22,451 BBLs11,007 MCFJan 2024
NavasotLeon County, TX0 BBLs44,150 MCFJan 2024
Plotts UnitMadison County, TX1,204 BBLs0 MCFJan 2024
SmithMadison County, TX19,266 BBLs8,290 MCFJan 2024
Sully UnitLeon County, TX664 BBLs283 MCFJan 2024
The Grove UnitLeon County, TX1,853 BBLs1,106 MCFJan 2024
TheissMadison County, TX39 BBLs0 MCFJan 2024
Weaver-Ransom-State UnitMadison County, TX985 BBLs128 MCFJan 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
2023VESS TEXAS PARTNERS II LLCREA UNIT (1H)VESS TEXAS PARTNERS
2023REA DOROTHYREA UNIT (1H)VESS TEXAS PARTNERS
2023LLOYD JIMMY ET UXREA UNIT (1H)VESS TEXAS PARTNERS
2023PETERS JO ANNREA UNIT (1H)VESS TEXAS PARTNERS
2023SHANNON JERRY K & ALICEREA UNIT (1H)VESS TEXAS PARTNERS
2023BLAZEK NANCY RREA UNIT (1H)VESS TEXAS PARTNERS
2023EPPS JOHN PATRICKREA UNIT (1H)VESS TEXAS PARTNERS
2023MAPFCB13-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 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
05-04014REA UNITSep 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITAug 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITJul 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITJun 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITMay 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITApr 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITMar 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITFeb 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITJan 2022ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITDec 2021ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION
05-04014REA UNITNov 2021ENERGY TRANSFER CRUDE MARKETING LLCVESS OIL CORPORATION