REA UNIT
REA UNIT is a Texas oil lease in Madison County, Railroad Commission district 05, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 169,811 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 $1.1M, with roughly $257K 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 363 barrels a month. Its strongest month on the record we hold was July 2016, at 1,258 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 REA UNIT
- Who operates REA UNIT?
- REA UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is REA UNIT?
- REA UNIT is a Texas oil lease in Madison County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04014.
- Is REA UNIT still producing?
- REA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REA UNIT is August 2026.
- How much has REA UNIT produced?
- REA UNIT has reported 169,811 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 1 wellbore.
- How much is REA UNIT worth?
- The remaining production from REA UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $891K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production REA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does REA UNIT generate in a year?
- REA UNIT is forecast to net about $257K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Madison County, Texas |
| RRC district | 05 |
| Lease number | 04014 |
| Wellbores | 1 |
| Reported production | 169,811 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where REA 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.