DAYTONA UNIT 1A
DAYTONA UNIT 1A is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2016 to August 2026, totalling 492,615 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 $1.8M, 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 968 barrels a month. Its strongest month on the record we hold was January 2017, at 28,303 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 DAYTONA UNIT 1A
- Who operates DAYTONA UNIT 1A?
- DAYTONA UNIT 1A is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is DAYTONA UNIT 1A?
- DAYTONA UNIT 1A is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48475.
- Is DAYTONA UNIT 1A still producing?
- DAYTONA UNIT 1A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAYTONA UNIT 1A is August 2026.
- How much has DAYTONA UNIT 1A produced?
- DAYTONA UNIT 1A has reported 492,615 barrels of oil (bbl) to the Railroad Commission of Texas between December 2016 and August 2026, from 1 wellbore.
- How much is DAYTONA UNIT 1A worth?
- The remaining production from DAYTONA UNIT 1A is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAYTONA UNIT 1A is a fraction of it. The estimate fits an Arps decline curve to the production DAYTONA UNIT 1A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAYTONA UNIT 1A is an estimate of value, not an offer and not an appraisal.
- How much income does DAYTONA UNIT 1A generate in a year?
- DAYTONA UNIT 1A 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 DAYTONA UNIT 1A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 48475 |
| Wellbores | 1 |
| Reported production | 492,615 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where DAYTONA UNIT 1A 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.