AVA UNIT
AVA UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Ares Energy, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from May 2024 to August 2026, totalling 305,514 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 $18.1M, with roughly $5.3M 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 9,018 barrels a month. Its strongest month on the record we hold was June 2024, at 29,660 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 AVA UNIT
- Who operates AVA UNIT?
- AVA UNIT is operated by Ares Energy, Ltd., Railroad Commission of Texas operator number 029655.
- Where is AVA UNIT?
- AVA UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 63057.
- Is AVA UNIT still producing?
- AVA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AVA UNIT is August 2026.
- How much has AVA UNIT produced?
- AVA UNIT has reported 305,514 barrels of oil (bbl) to the Railroad Commission of Texas between May 2024 and August 2026, from 1 wellbore.
- How much is AVA UNIT worth?
- The remaining production from AVA UNIT is estimated to be worth about $18.1M in total as of 26 August 2026, within a range of $15.0M to $21.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AVA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production AVA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AVA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does AVA UNIT generate in a year?
- AVA UNIT is forecast to net about $5.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AVA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ares Energy, Ltd. |
|---|---|
| Field | Novo (Mississippian) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 63057 |
| Wellbores | 1 |
| Reported production | 305,514 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18.1M |
Where AVA 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.