DINGO UNIT
DINGO UNIT is a Texas oil lease in Lavaca County, Railroad Commission district 02, operated by Penn Virginia Oil & Gas, L.P. It has 3 wellbores on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 756,856 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 $1.7M, with roughly $523K 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 883 barrels a month, about 294 per wellbore. Its strongest month on the record we hold was June 2016, at 12,442 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 DINGO UNIT
- Who operates DINGO UNIT?
- DINGO UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is DINGO UNIT?
- DINGO UNIT is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11034.
- Is DINGO UNIT still producing?
- DINGO UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DINGO UNIT is August 2026.
- How much has DINGO UNIT produced?
- DINGO UNIT has reported 756,856 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 3 wellbores.
- How much is DINGO UNIT worth?
- The remaining production from DINGO UNIT is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DINGO UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DINGO UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DINGO UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DINGO UNIT generate in a year?
- DINGO UNIT is forecast to net about $523K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DINGO 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-2) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 11034 |
| Wellbores | 3 |
| Reported production | 756,856 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where DINGO 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.