PLOTTS UNIT
PLOTTS UNIT is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Vess Oil Corporation. It has 2 wellbores on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 179,561 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 $2.1M, with roughly $525K 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 757 barrels a month, about 379 per wellbore. Its strongest month on the record we hold was July 2019, at 10,498 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 PLOTTS UNIT
- Who operates PLOTTS UNIT?
- PLOTTS UNIT is operated by Vess Oil Corporation, Railroad Commission of Texas operator number 884750.
- Where is PLOTTS UNIT?
- PLOTTS UNIT is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26643.
- Is PLOTTS UNIT still producing?
- PLOTTS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PLOTTS UNIT is August 2026.
- How much has PLOTTS UNIT produced?
- PLOTTS UNIT has reported 179,561 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 2 wellbores.
- How much is PLOTTS UNIT worth?
- The remaining production from PLOTTS UNIT is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PLOTTS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PLOTTS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PLOTTS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PLOTTS UNIT generate in a year?
- PLOTTS UNIT is forecast to net about $525K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PLOTTS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Vess Oil Corporation |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26643 |
| Wellbores | 2 |
| Reported production | 179,561 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where PLOTTS 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.