VANA-SMITH (SA) UNIT 1

VANA-SMITH (SA) UNIT 1 is a Texas oil lease in Lavaca County, Railroad Commission district 02, operated by Penn Virginia Oil & Gas, L.P. It has 1 wellbore on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 329,201 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $899K, with roughly $443K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 913 barrels a month. Its strongest month on the record we hold was May 2019, at 29,184 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about VANA-SMITH (SA) UNIT 1

Who operates VANA-SMITH (SA) UNIT 1?
VANA-SMITH (SA) UNIT 1 is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
Where is VANA-SMITH (SA) UNIT 1?
VANA-SMITH (SA) UNIT 1 is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11780.
Is VANA-SMITH (SA) UNIT 1 still producing?
VANA-SMITH (SA) UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VANA-SMITH (SA) UNIT 1 is August 2026.
How much has VANA-SMITH (SA) UNIT 1 produced?
VANA-SMITH (SA) UNIT 1 has reported 329,201 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 1 wellbore.
How much is VANA-SMITH (SA) UNIT 1 worth?
The remaining production from VANA-SMITH (SA) UNIT 1 is estimated to be worth about $899K in total as of 26 August 2026, within a range of $701K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VANA-SMITH (SA) UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production VANA-SMITH (SA) UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VANA-SMITH (SA) UNIT 1 is an estimate of value, not an offer and not an appraisal.
How much income does VANA-SMITH (SA) UNIT 1 generate in a year?
VANA-SMITH (SA) UNIT 1 is forecast to net about $443K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VANA-SMITH (SA) UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

VANA-SMITH (SA) UNIT 1 as filed with the Railroad Commission of Texas
OperatorPenn Virginia Oil & Gas, L.P.
FieldEagleville (Eagle Ford-2)
CountyLavaca County, Texas
RRC district02
Lease number11780
Wellbores1
Reported production329,201 bbl
First reported
Last reported
Estimated royalty value$899K

Where VANA-SMITH (SA) UNIT 1 sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.