MATIAS UNIT

MATIAS 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 November 2012 to August 2026, totalling 426,915 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 $1.5M, with roughly $440K 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 584 barrels a month, about 195 per wellbore. Its strongest month on the record we hold was June 2019, at 5,114 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 MATIAS UNIT

Who operates MATIAS UNIT?
MATIAS UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
Where is MATIAS UNIT?
MATIAS UNIT is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 10292.
Is MATIAS UNIT still producing?
MATIAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MATIAS UNIT is August 2026.
How much has MATIAS UNIT produced?
MATIAS UNIT has reported 426,915 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 3 wellbores.
How much is MATIAS UNIT worth?
The remaining production from MATIAS UNIT is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MATIAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MATIAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MATIAS UNIT is an estimate of value, not an offer and not an appraisal.
How much income does MATIAS UNIT generate in a year?
MATIAS UNIT is forecast to net about $440K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MATIAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MATIAS UNIT as filed with the Railroad Commission of Texas
OperatorPenn Virginia Oil & Gas, L.P.
FieldEagleville (Eagle Ford-2)
CountyLavaca County, Texas
RRC district02
Lease number10292
Wellbores3
Reported production426,915 bbl
First reported
Last reported
Estimated royalty value$1.5M

Where MATIAS 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.