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Producing

INDY 12

Indy 12 is an oil lease in Reeves County, Texas, operated by VTX Energy Operating, LLC in the Wolfbone (Trend Area) field.

4 wells

88,347bbl oil, last 12 months+11% vs prior year
RRC lease
08-49524

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
342,836 mcf
Oil in Jul 2026
8,260 bbl

Production by month

Oil output rose 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 11% over the last 12 monthsMonthly oil production and gas for INDY 12, Aug 2023 to Jul 2026. Oil output rose 11% over the last 12 months. 88,347 bbl in the 12 months through Jul 2026, against 79,926 bbl in the 12 months before.Last 12 months: 88,347 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 11% over the last 12 monthsMonthly oil production and gas for INDY 12, Aug 2023 to Jul 2026. Oil output rose 11% over the last 12 months. 88,347 bbl in the 12 months through Jul 2026, against 79,926 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 35.5% of the gas in Apr 2025.

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of INDY 12 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 35.5% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 35.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of INDY 12 gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 35.5% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Flared 35.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 341,630 mcf

  • Flared (4)

    0.4% · 1,206 mcf

0.4% of the gas flared in the last 12 months. One month 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 INDY 12
API numberWell no.Status
42-389-356261HActive
42-389-357712HActive
42-389-365403HActive
42-389-367794HActive

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 gasGathers100Oct 19, 2017–
Etc Texas P/L, LTDCasinghead gasBuys100Aug 1, 2019Oct 1, 2023
United Energy Trading LLCOilGathers50Aug 1, 2019Oct 1, 2023
Oryx So. Delaware Ogt LLCOilGathers50Oct 19, 2017Jan 1, 2020
Energy Transfer CompanyCasinghead gasBuys100Oct 19, 2017Aug 1, 2019
Shell Trading (Us) CompanyOilGathers50Oct 19, 2017Aug 1, 2019

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

992 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Indy 12
API numberWell no.Acreson the permit
42-389-367794H992
42-389-365403H992
42-389-357712H992
42-389-356261H992

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

Estimate your royalty

36 months, newest first

Ledger for INDY 12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026VTX Energy8,2608,29630,14430,1440$80.46$2.89
Jun 2026VTX Energy7,4637,53225,83325,114719$84.81$3.15
May 2026VTX Energy7,6537,65434,62134,6210$102.13$2.94
Apr 2026VTX Energy7,3517,29933,06233,0620$100.32$2.77
Mar 2026VTX Energy7,0597,02736,60336,6030$91.38$3.04
Feb 2026VTX Energy6,1236,33029,30829,3080$64.51$3.62
Jan 2026VTX Energy7,8817,64431,25231,2520$60.04$7.72
Dec 2025VTX Energy8,0028,02831,93531,811124$57.97$4.26
Nov 2025VTX Energy7,3017,31122,07822,0780$60.06$3.79
Oct 2025VTX Energy7,4657,43321,30620,943363$60.89$3.19
Sep 2025VTX Energy7,0207,01724,49824,4980$63.96$2.97
Aug 2025VTX Energy6,7696,77022,19622,1960$64.86$2.91
Jul 2025VTX Energy8,8588,81222,44522,40837$68.39$3.20
Jun 2025VTX Energy5,1835,25814,34014,32020$68.17$3.02
May 2025VTX Energy6,0516,14922,13021,473657$62.17$3.12
Apr 2025VTX Energy7,0016,89121,09213,5997,493$63.54$3.42
Mar 2025VTX Energy7,1777,28528,97828,871107$68.24$4.12
Feb 2025VTX Energy7,0446,96422,30722,24364$71.53$4.19
Jan 2025VTX Energy6,8756,86220,37920,32257$75.74$4.13
Dec 2024VTX Energy6,9456,92622,30422,22579$70.12$3.01
Nov 2024VTX Energy6,8656,84321,54021,46773$69.95$2.12
Oct 2024VTX Energy6,3386,37922,41322,35261$71.99$2.20
Sep 2024VTX Energy5,4255,41821,50921,378131$70.24$2.28
Aug 2024VTX Energy6,1646,17021,57021,312258$76.68$1.99
Jul 2024VTX Energy7,6757,60422,88222,713169$81.80$2.07
Jun 2024VTX Energy6,5716,53423,76123,655106$79.77$2.54
May 2024VTX Energy7,7697,80524,21524,052163$80.02$2.12
Apr 2024VTX Energy7,1677,23625,51125,355156$85.35$1.60
Mar 2024VTX Energy9,1519,06527,56327,432131$81.28$1.49
Feb 2024VTX Energy8,0608,10725,49425,46232$77.25$1.72
Jan 2024VTX Energy8,6158,66525,84125,76180$74.15$3.18
Dec 2023VTX Energy8,1908,08922,07722,02453$71.90$2.52
Nov 2023VTX Energy4,1904,17418,80418,74064$77.69$2.71
Oct 2023VTX Energy6,4596,47027,69027,59298$85.64$2.98
Sep 2023VTX Energy7,3957,39029,08628,896190$89.43$2.64
Aug 2023Pri Operating,6,7216,75126,22726,010217$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

VTX Energy Operating, LLC in Reeves County

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