ROMEO EAST UNIT
ROMEO EAST UNIT is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by Verado Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 209,329 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 $1.1M, with roughly $474K 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 701 barrels a month. Its strongest month on the record we hold was May 2021, at 15,852 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 ROMEO EAST UNIT
- Who operates ROMEO EAST UNIT?
- ROMEO EAST UNIT is operated by Verado Energy, Inc., Railroad Commission of Texas operator number 884563.
- Where is ROMEO EAST UNIT?
- ROMEO EAST UNIT is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55884.
- Is ROMEO EAST UNIT still producing?
- ROMEO EAST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROMEO EAST UNIT is August 2026.
- How much has ROMEO EAST UNIT produced?
- ROMEO EAST UNIT has reported 209,329 barrels of oil (bbl) to the Railroad Commission of Texas between April 2021 and August 2026, from 1 wellbore.
- How much is ROMEO EAST UNIT worth?
- The remaining production from ROMEO EAST UNIT is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $863K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROMEO EAST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ROMEO EAST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROMEO EAST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ROMEO EAST UNIT generate in a year?
- ROMEO EAST UNIT is forecast to net about $474K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ROMEO EAST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Verado Energy, Inc. |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Scurry County, Texas |
| RRC district | 08 |
| Lease number | 55884 |
| Wellbores | 1 |
| Reported production | 209,329 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where ROMEO EAST UNIT 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.