Oil & Gas Property in Madison County, TX
Key data points for Rea Unit
| County | Madison County, TX | 
|---|---|
| Operator | VESS OIL CORPORATION | 
| Production Dates | Feb 2013 - Jul 2025 | 
| Total Oil Production | 166,128 BBLs | 
| Total Gas Production | 76,032 MCF | 
| Recent Oil Production | 342 BBLs in Jun 2025 | 
| Recent Gas Production | 172 MCF in Jun 2025 | 
| Wells on Property | 1 | 
Our Valuation Estimates for Rea Unit
ShaleAssessment™
$22,309 *
MarketMultiple™
$43,661 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Rea Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period | 
|---|---|---|---|---|
| Bayou Bengals Unit | Madison County, TX | 438 BBLs | 0 MCF | Jul 2025 | 
| Belin | Leon County, TX | 80 BBLs | 0 MCF | Jun 2025 | 
| Carr | Leon County, TX | 0 BBLs | 0 MCF | Jun 2023 | 
| Ellison | Leon County, TX | 0 BBLs | 0 MCF | Jul 2024 | 
| Ellison Unit | Madison County, TX | 706 BBLs | 676 MCF | Jul 2025 | 
| J.F. (Allocation) | Madison County, TX | 1,132 BBLs | 986 MCF | Jun 2025 | 
| Jack Howe | Madison County, TX | 1,117 BBLs | 0 MCF | Jul 2025 | 
| Johnson James F | Madison County, TX | 0 BBLs | 2,085 MCF | Jun 2025 | 
| Johnston No | Madison County, TX | 2,227 BBLs | 1,440 MCF | Jun 2025 | 
| Lewis | Madison County, TX | 5,835 BBLs | 2,379 MCF | Jul 2025 | 
| Merica | Madison County, TX | 1,597 BBLs | 817 MCF | Jun 2025 | 
| Navasot | Leon County, TX | 0 BBLs | 24,691 MCF | Jul 2025 | 
| NCC Unit 1 | Leon County, TX | 0 BBLs | 18,296 MCF | Jul 2025 | 
| Patriot | Madison County, TX | 3,797 BBLs | 2,341 MCF | Jun 2025 | 
| Plotts Unit | Madison County, TX | 750 BBLs | 296 MCF | Jul 2025 | 
| Smith | Madison County, TX | 4,638 BBLs | 1,612 MCF | Jul 2025 | 
| Sully Unit | Leon County, TX | 560 BBLs | 311 MCF | Jul 2025 | 
| The Grove Unit | Leon County, TX | 1,617 BBLs | 1,086 MCF | Jul 2025 | 
| Theiss | Madison County, TX | 309 BBLs | 636 MCF | Jul 2025 | 
| Weaver-Ransom-State Unit | Madison County, TX | 832 BBLs | 155 MCF | Jun 2025 | 
These are the closest 11 companies operating near the Rea Unit property.