Rea Unit

Oil & Gas Property in Madison County, TX

Property Summary

Key data points for Rea Unit

County,
OperatorVESS OIL CORPORATION
Production DatesFeb 2013 - Feb 2025
Total Oil Production164,334 BBLs
Total Gas Production75,240 MCF
Recent Oil Production378 BBLs in Jan 2025
Recent Gas Production136 MCF in Jan 2025
Wells on Property1

Our Valuation Estimates for Rea Unit

ShaleAssessment

$23,675 *

MarketMultiple

$49,347 **

* 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 Feb 2025

Wells on Rea Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
Unknown,

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, TX461 BBLs0 MCFFeb 2025
BelinLeon County, TX0 BBLs0 MCFSep 2023
CarrLeon County, TX0 BBLs0 MCFJun 2023
EllisonLeon County, TX0 BBLs0 MCFJul 2024
Ellison UnitMadison County, TX785 BBLs313 MCFFeb 2025
Howard-Moore UnitMadison County, TX3,490 BBLs1,454 MCFFeb 2025
J.F. (Allocation)Madison County, TX1,258 BBLs386 MCFJan 2025
Jack HoweMadison County, TX1,062 BBLs0 MCFFeb 2025
Johnson James FMadison County, TX34 BBLs2,183 MCFJan 2025
Johnston NoMadison County, TX2,658 BBLs1,061 MCFJan 2025
LewisMadison County, TX7,165 BBLs2,788 MCFFeb 2025
MericaMadison County, TX8,167 BBLs5,142 MCFJan 2025
NavasotLeon County, TX0 BBLs36,909 MCFFeb 2025
PatriotMadison County, TX7,822 BBLs4,734 MCFJan 2025
Plotts UnitMadison County, TX812 BBLs228 MCFFeb 2025
SmithMadison County, TX6,051 BBLs2,043 MCFFeb 2025
Sully UnitLeon County, TX604 BBLs101 MCFFeb 2025
The Grove UnitLeon County, TX1,758 BBLs1,052 MCFFeb 2025
TheissMadison County, TX235 BBLs608 MCFFeb 2025
Weaver-Ransom-State UnitMadison County, TX737 BBLs43 MCFJan 2025

Companies in the Area

These are the closest 0 companies operating near the Rea Unit property.

Company Name

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