TOWN UNIT

TOWN UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Vomela Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 28,302 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 $179K, with roughly $34K 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 45 barrels a month. Its strongest month on the record we hold was January 2021, at 79 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 TOWN UNIT

Who operates TOWN UNIT?
TOWN UNIT is operated by Vomela Resources Inc., Railroad Commission of Texas operator number 886575.
Where is TOWN UNIT?
TOWN UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 18783.
Is TOWN UNIT still producing?
TOWN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOWN UNIT is August 2026.
How much has TOWN UNIT produced?
TOWN UNIT has reported 28,302 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is TOWN UNIT worth?
The remaining production from TOWN UNIT is estimated to be worth about $179K in total as of 26 August 2026, within a range of $98K to $259K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOWN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TOWN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TOWN UNIT is an estimate of value, not an offer and not an appraisal.
How much income does TOWN UNIT generate in a year?
TOWN UNIT is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOWN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TOWN UNIT as filed with the Railroad Commission of Texas
OperatorVomela Resources Inc.
FieldWilcox C (Carizzo)
CountyFayette County, Texas
RRC district03
Lease number18783
Wellbores1
Reported production28,302 bbl
First reported
Last reported
Estimated royalty value$179K

Where TOWN 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.