DOUGLAS RAAB UNIT
DOUGLAS RAAB 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 May 2013 to August 2026, totalling 478,186 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 $751K, with roughly $278K 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 397 barrels a month, about 132 per wellbore. Its strongest month on the record we hold was May 2016, at 5,265 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 DOUGLAS RAAB UNIT
- Who operates DOUGLAS RAAB UNIT?
- DOUGLAS RAAB UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is DOUGLAS RAAB UNIT?
- DOUGLAS RAAB UNIT is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10555.
- Is DOUGLAS RAAB UNIT still producing?
- DOUGLAS RAAB UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUGLAS RAAB UNIT is August 2026.
- How much has DOUGLAS RAAB UNIT produced?
- DOUGLAS RAAB UNIT has reported 478,186 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 3 wellbores.
- How much is DOUGLAS RAAB UNIT worth?
- The remaining production from DOUGLAS RAAB UNIT is estimated to be worth about $751K in total as of 26 August 2026, within a range of $586K to $917K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUGLAS RAAB UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DOUGLAS RAAB UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUGLAS RAAB UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DOUGLAS RAAB UNIT generate in a year?
- DOUGLAS RAAB UNIT is forecast to net about $278K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOUGLAS RAAB 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 | 10555 |
| Wellbores | 3 |
| Reported production | 478,186 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $751K |
Where DOUGLAS RAAB 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.