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Royalty Clerk

Texas oil lease

Producing

NORTH RACETRACK 31

North Racetrack 31 is an oil lease in Reeves County, Texas, operated by VTX Energy Operating, LLC in the Sandbar (Bone Spring) field.

1 well

90,318bbl oil, since Apr 2026
RRC lease
08-64636

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, since Apr 2026
83,457 mcf
Oil in Jul 2026
19,772 bbl
First check

Production started April 2026; the first check is due by about August 28, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 4 reported months

  • Oil (bars)
  • Gas (line)
Oil output over 4 reported monthsMonthly oil production and gas for NORTH RACETRACK 31, Apr 2026 to Jul 2026. Oil output over 4 reported months. Too few months reported to show a trend.bbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 25Jan 26AprJul
Oil output over 4 reported monthsMonthly oil production and gas for NORTH RACETRACK 31, Apr 2026 to Jul 2026. Oil output over 4 reported months. Too few months reported to show a trend.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 4 months reported

All of the gas went to a processing plant in the 4 months reportedShare of NORTH RACETRACK 31 gas by disposition code each month, Apr 2026 to Jul 2026. All of the gas went to a processing plant in the 4 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
All of the gas went to a processing plant in the 4 months reportedShare of NORTH RACETRACK 31 gas by disposition code each month, Apr 2026 to Jul 2026. All of the gas went to a processing plant in the 4 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on NORTH RACETRACK 31
API numberWell no.Status
42-389-4177131HShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers90Apr 6, 2026
Eastex Crude Company, LLCOilGathers10Apr 6, 2026
Vaquero Permian Processing LLCCasinghead gasBuys100Apr 6, 2026
Vaquero Permian Processing LLCCasinghead gasGathers100Apr 6, 2026

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

1,311.19 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for North Racetrack 31
API numberWell no.Acreson the permit
42-389-4177131H1,311.19

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

Estimate your royalty

4 months, newest first

Ledger for NORTH RACETRACK 31
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202619,77219,87419,67519,6750$80.46$2.89
Jun 202629,47129,41425,63425,6340$84.81$3.15
May 202628,65628,68424,27024,2700$102.13$2.94
Apr 202612,41912,16513,87813,8780$100.32$2.77

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

All VTX Energy Operating, LLC leases →

Sandbar (Bone Spring) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km