CROC UNIT
CROC UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Penn Virginia Oil & Gas, L.P. It has 2 wellbores on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 340,416 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 $2.2M, with roughly $525K 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 879 barrels a month, about 439 per wellbore. Its strongest month on the record we hold was May 2016, at 4,955 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 CROC UNIT
- Who operates CROC UNIT?
- CROC UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is CROC UNIT?
- CROC UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18032.
- Is CROC UNIT still producing?
- CROC UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROC UNIT is August 2026.
- How much has CROC UNIT produced?
- CROC UNIT has reported 340,416 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 2 wellbores.
- How much is CROC UNIT worth?
- The remaining production from CROC UNIT is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROC UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CROC UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROC UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CROC UNIT generate in a year?
- CROC UNIT is forecast to net about $525K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CROC UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 18032 |
| Wellbores | 2 |
| Reported production | 340,416 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where CROC 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.