REFFENSHACK B

REFFENSHACK B is a Texas oil lease in Lavaca County, Railroad Commission district 02, operated by Penn Virginia Oil & Gas, L.P. It has 1 wellbore on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 234,460 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 $3.1M, with roughly $875K 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 1,361 barrels a month. Its strongest month on the record we hold was June 2021, at 29,938 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 REFFENSHACK B

Who operates REFFENSHACK B?
REFFENSHACK B is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
Where is REFFENSHACK B?
REFFENSHACK B is a Texas oil lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12229.
Is REFFENSHACK B still producing?
REFFENSHACK B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REFFENSHACK B is August 2026.
How much has REFFENSHACK B produced?
REFFENSHACK B has reported 234,460 barrels of oil (bbl) to the Railroad Commission of Texas between April 2021 and August 2026, from 1 wellbore.
How much is REFFENSHACK B worth?
The remaining production from REFFENSHACK B is estimated to be worth about $3.1M in total as of 27 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REFFENSHACK B is a fraction of it. The estimate fits an Arps decline curve to the production REFFENSHACK B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REFFENSHACK B is an estimate of value, not an offer and not an appraisal.
How much income does REFFENSHACK B generate in a year?
REFFENSHACK B is forecast to net about $875K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in REFFENSHACK B receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

REFFENSHACK B as filed with the Railroad Commission of Texas
OperatorPenn Virginia Oil & Gas, L.P.
FieldEagleville (Eagle Ford-2)
CountyLavaca County, Texas
RRC district02
Lease number12229
Wellbores1
Reported production234,460 bbl
First reported
Last reported
Estimated royalty value$3.1M

Where REFFENSHACK B 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.