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Texas oil lease

Producing

DIK DIK 18

Dik Dik 18 is an oil lease in Reeves County, Texas, operated by VTX Energy Operating, LLC in the Wolfbone (Trend Area) field.

4 wells

3,480bbl oil, last 12 months+41% vs prior year
Operator
VTX Energy Operating, LLC
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-43632

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
13,374 mcf
Oil in Jul 2026
86 bbl

Production by month

Oil output rose 41% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 41% over the last 12 monthsMonthly oil production and gas for DIK DIK 18, Aug 2023 to Jul 2026. Oil output rose 41% over the last 12 months. 3,480 bbl in the 12 months through Jul 2026, against 2,467 bbl in the 12 months before.Last 12 months: 3,480 bblbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 41% over the last 12 monthsMonthly oil production and gas for DIK DIK 18, Aug 2023 to Jul 2026. Oil output rose 41% over the last 12 months. 3,480 bbl in the 12 months through Jul 2026, against 2,467 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a processing plant in the last 12 months

Flaring peaked at 42.7% of the gas in Jan 2026.

  • Processing plant (3)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of DIK DIK 18 gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 42.7% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 42.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of DIK DIK 18 gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 42.7% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Flared 42.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 12,633 mcf

  • Flared (4)

    5.5% · 741 mcf

5.5% of the gas flared in the last 12 months. 25 months above 3%.

Who has run this lease

The operator changed once, most recently in Sep 2023

Operators of this lease over timePri Operating, LLC, Jan 2020 to Aug 2023; VTX Energy Operating, LLC, Sep 2023 to Jul 20262020202120222023202420252026Changed Sep 2023Pri Operating, LLCJan 2020 to Aug 2023VTX Energy Operating, LLCSep 2023 to now
Operators of this lease over timePri Operating, LLC, Jan 2020 to Aug 2023; VTX Energy Operating, LLC, Sep 2023 to Jul 20262020202120222023202420252026Changed Sep 2023Pri Operating, LLCJan 2020 to Aug 2023VTX Energy Operating, LLCSep 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on DIK DIK 18
API numberWell no.Status
42-389-329481Active
42-389-331852Active
42-389-333113Active
42-389-334234Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCOilGathers50Jan 1, 2020–
Plains Marketing, L.p.OilGathers50Oct 1, 2023–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015–
Etc Texas P/L, LTDCasinghead gasBuys100Aug 1, 2019Oct 1, 2023
United Energy Trading LLCOilGathers50Aug 1, 2019Oct 1, 2023
Oryx So. Delaware Ogt LLCOilGathers50Feb 1, 2016Jan 1, 2020
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Aug 1, 2019
Shell Trading (Us) CompanyOilGathers50Feb 1, 2016Aug 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

639.38 acres on the newest permit

Check your decimal on this lease
Permits for Dik Dik 18
API numberWell no.Acreson the permit
42-389-334234639.38
42-389-333113639.38
42-389-331852639.38
42-389-329481639.38

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for DIK DIK 18
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026VTX Energy86019516629$80.46$2.89
Jun 2026VTX Energy23532946744225$84.81$3.15
May 2026VTX Energy31532951850612$102.13$2.94
Apr 2026VTX Energy2746764904855$100.32$2.77
Mar 2026VTX Energy29634841932792$91.38$3.04
Feb 2026VTX Energy309029523560$64.51$3.62
Jan 2026VTX Energy335335286164122$60.04$7.72
Dec 2025VTX Energy3363411,1241,08935$57.97$4.26
Nov 2025VTX Energy3321822,5032,4958$60.06$3.79
Oct 2025VTX Energy3113502,3902,38010$60.89$3.19
Sep 2025VTX Energy3125402,4112,32388$63.96$2.97
Aug 2025VTX Energy3391832,2762,021255$64.86$2.91
Jul 2025VTX Energy10602,6492,374275$68.39$3.20
Jun 2025VTX Energy2463522,2212,018203$68.17$3.02
May 2025VTX Energy15702,5622,197365$62.17$3.12
Apr 2025VTX Energy2443482,1851,822363$63.54$3.42
Mar 2025VTX Energy27602,4782,218260$68.24$4.12
Feb 2025VTX Energy1983602,2902,031259$71.53$4.19
Jan 2025VTX Energy14202,4962,218278$75.74$4.13
Dec 2024VTX Energy1963522,5472,179368$70.12$3.01
Nov 2024VTX Energy14502,2422,17666$69.95$2.12
Oct 2024VTX Energy2453512,9822,659323$71.99$2.20
Sep 2024VTX Energy15402,8152,554261$70.24$2.28
Aug 2024VTX Energy3583472,9192,693226$76.68$1.99
Jul 2024VTX Energy4623452,4812,265216$81.80$2.07
Jun 2024VTX Energy3495222,4252,182243$79.77$2.54
May 2024VTX Energy5085252,9662,768198$80.02$2.12
Apr 2024VTX Energy5335302,5282,46464$85.35$1.60
Mar 2024VTX Energy2041762,6722,61557$81.28$1.49
Feb 2024VTX Energy5943752,3322,30725$77.25$1.72
Jan 2024VTX Energy5749863,1023,07428$74.15$3.18
Dec 2023VTX Energy8212,2512,2510$71.90$2.52
Nov 2023VTX Energy5903222,9392,85881$77.69$2.71
Oct 2023VTX Energy4103404,2574,085172$85.64$2.98
Sep 2023VTX Energy3544022,8112,653158$89.43$2.64
Aug 2023Pri Operating,7837444,7014,385316$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorVTX Energy Operating, LLCFieldWolfbone (Trend Area)CountyReeves County

VTX Energy Operating, LLC in Reeves County

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Wolfbone (Trend Area) field

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