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Texas oil lease

Producing

EAST TORO 32 STATE UNIT

East Toro 32 State Unit is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Wolfbone (Trend Area) field.

2 wells

11,262bbl oil, last 12 months−26% vs prior year
RRC lease
08-51523

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
20,267 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for EAST TORO 32 STATE UNIT, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 11,262 bbl in the 12 months through Jul 2026, against 15,264 bbl in the 12 months before.Last 12 months: 11,262 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for EAST TORO 32 STATE UNIT, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 11,262 bbl in the 12 months through Jul 2026, against 15,264 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 48.1% of the gas in May 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of EAST TORO 32 STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 48.1% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2023: line to plantFlared 48.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission lineShare of EAST TORO 32 STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 48.1% of the gas in May 2024.Share of gas by disposition code0%50%100%Nov 23: line to plantFlared 48.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 20,279 mcf

  • Flared (4)

    0.0% · 7 mcf

Who has run this lease

The operator changed once, most recently in Nov 2023

Operators of this lease over timeElk River Resources, LLC, Jan 2020 to Oct 2023; Chevron U. S. A. Inc., Nov 2023 to Jul 20262020202120222023202420252026Changed Nov 2023Elk River Resources, LLCJan 2020 to Oct 2023Chevron U. S. A. Inc.Nov 2023 to now
Operators of this lease over timeElk River Resources, LLC, Jan 2020 to Oct 2023; Chevron U. S. A. Inc., Nov 2023 to Jul 20262020202120222023202420252026Changed Nov 2023Elk River Resources, LLCJan 2020 to Oct 2023Chevron U. S. A. Inc.Nov 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on EAST TORO 32 STATE UNIT
API numberWell no.Status
42-389-367731HActive
42-389-368062HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Dec 1, 2019–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 2, 2023–
Energy Transfer CompanyCasinghead gasGathers100Jul 15, 2018–
Energy Transfer CompanyCasinghead gasBuys100Jul 15, 2018Oct 2, 2023
Plains Marketing, L.p.OilGathers100Jul 15, 2018Dec 1, 2019

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

320 acres on the newest permit

Permits for East Toro 32 State Unit
API numberWell no.Acreson the permit
42-389-368062H320
42-389-367731H320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

What Chevron Corporation told investors it received

Chevron U. S. A. Inc. is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for EAST TORO 32 STATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Chevron U.00000$80.46$2.89
Jun 2026Chevron U.5123492,4592,4590$84.81$3.15
May 2026Chevron U.2,1022,4884,4444,4440$102.13$2.94
Apr 2026Chevron U.6187105295290$100.32$2.77
Mar 2026Chevron U.3689025135130$91.38$3.04
Feb 2026Chevron U.7468251,8031,8030$64.51$3.62
Jan 2026Chevron U.3,2562,6463,9583,9580$60.04$7.72
Dec 2025Chevron U.2,5983,3824,5544,5513$57.97$4.26
Nov 2025Chevron U.56306266260$60.06$3.79
Oct 2025Chevron U.39207587580$60.89$3.19
Sep 2025Chevron U.00000$63.96$2.97
Aug 2025Chevron U.1071716236230$64.86$2.91
Jul 2025Chevron U.017216124$68.39$3.20
Jun 2025Chevron U.00330$68.17$3.02
May 2025Chevron U.3781806316310$62.17$3.12
Apr 2025Chevron U.559370000$63.54$3.42
Mar 2025Chevron U.1,8011,74411,13611,11917$68.24$4.12
Feb 2025Chevron U.1,3611,3611,9931,9930$71.53$4.19
Jan 2025Chevron U.9381,0062,0442,0440$75.74$4.13
Dec 2024Chevron U.1,7621,7571,9821,9811$70.12$3.01
Nov 2024Chevron U.652879000$69.95$2.12
Oct 2024Chevron U.2,8942,6185,2335,2330$71.99$2.20
Sep 2024Chevron U.2,4772,7991,4911,4910$70.24$2.28
Aug 2024Chevron U.2,4422,7789,0199,0190$76.68$1.99
Jul 2024Chevron U.4,5583,59212,51312,332181$81.80$2.07
Jun 2024Chevron U.2,0042,9373,4753,46312$79.77$2.54
May 2024Chevron U.3,1883,514901468433$80.02$2.12
Apr 2024Chevron U.1,1158682,0941,946148$85.35$1.60
Mar 2024Chevron U.2,3751,8894,7784,7780$81.28$1.49
Feb 2024Chevron U.422372000$77.25$1.72
Jan 2024Chevron U.00000$74.15$3.18
Dec 2023Chevron U.20000$71.90$2.52
Nov 2023Chevron U.1,4881,8205,2685,2680$77.69$2.71
Oct 2023Elk River5,9516,16025,30125,2956$85.64$2.98
Sep 2023Elk River6,0585,67524,63721,7122,925$89.43$2.64
Aug 2023Elk River5,5927,06020,33119,1721,159$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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Nearby

Chevron U. S. A. Inc. in Reeves County

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