LEAL UNIT
LEAL 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 October 2012 to August 2026, totalling 444,640 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 $357K, with roughly $187K 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 373 barrels a month, about 124 per wellbore. Its strongest month on the record we hold was January 2019, at 4,464 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 LEAL UNIT
- Who operates LEAL UNIT?
- LEAL UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is LEAL UNIT?
- LEAL UNIT is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10272.
- Is LEAL UNIT still producing?
- LEAL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEAL UNIT is August 2026.
- How much has LEAL UNIT produced?
- LEAL UNIT has reported 444,640 barrels of oil (bbl) to the Railroad Commission of Texas between October 2012 and August 2026, from 3 wellbores.
- How much is LEAL UNIT worth?
- The remaining production from LEAL UNIT is estimated to be worth about $357K in total as of 26 August 2026, within a range of $278K to $435K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEAL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEAL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEAL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEAL UNIT generate in a year?
- LEAL UNIT is forecast to net about $187K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEAL 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 | 10272 |
| Wellbores | 3 |
| Reported production | 444,640 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $357K |
Where LEAL 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.