BALL UNIT
BALL UNIT is a Texas oil lease in Lee County, Railroad Commission district 03, operated by Venado Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 229,044 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 $417K 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 610 barrels a month. Its strongest month on the record we hold was May 2018, at 10,685 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 BALL UNIT
- Who operates BALL UNIT?
- BALL UNIT is operated by Venado Petroleum Corporation, Railroad Commission of Texas operator number 884500.
- Where is BALL UNIT?
- BALL UNIT is a Texas oil lease in Lee County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26340.
- Is BALL UNIT still producing?
- BALL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALL UNIT is August 2026.
- How much has BALL UNIT produced?
- BALL UNIT has reported 229,044 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 1 wellbore.
- How much is BALL UNIT worth?
- The remaining production from BALL UNIT is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BALL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BALL UNIT generate in a year?
- BALL UNIT is forecast to net about $417K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BALL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Venado Petroleum Corporation |
|---|---|
| Field | Southern Bay (Eagle Ford) |
| County | Lee County, Texas |
| RRC district | 03 |
| Lease number | 26340 |
| Wellbores | 1 |
| Reported production | 229,044 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where BALL 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.