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Texas oil lease

Producing

SPEEDWAY 1-2

Speedway 1-2 is an oil lease in Reeves County, Texas, operated by VTX Energy Operating, LLC in the Sandbar (Bone Spring) field.

5 wells

343,546bbl oil, last 12 months
Operator
VTX Energy Operating, LLC
County
Reeves County
Field
Sandbar (Bone Spring)
RRC lease
08-63166

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
893,860 mcf
Oil in Jul 2026
20,595 bbl

Production by month

Oil output fell 71% since Feb 2025

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 71% since Feb 2025Monthly oil production and gas for SPEEDWAY 1-2, Feb 2025 to Jul 2026. Oil output fell 71% since Feb 2025. Monthly average of 20,945 bbl in the latest 3 months, against 71,088 bbl in the first 3.Last 12 months: 343,546 bblbbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kApr 25JulOctJan 26AprJul
Oil output fell 71% since Feb 2025Monthly oil production and gas for SPEEDWAY 1-2, Feb 2025 to Jul 2026. Oil output fell 71% since Feb 2025. Monthly average of 20,945 bbl in the latest 3 months, against 71,088 bbl in the first 3.Last 12 monthsbbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of SPEEDWAY 1-2 gas by disposition code each month, Feb 2025 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Apr 25JulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of SPEEDWAY 1-2 gas by disposition code each month, Feb 2025 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 875,024 mcf

  • Lease fuel (1)

    2.1% · 18,836 mcf

5 wells on this lease

Wells on SPEEDWAY 1-2
API numberWell no.Status
42-389-4115864HActive
42-389-4115961HActive
42-389-4116032HActive
42-389-4116131HActive
42-389-4116262HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Oryx Delaware Oil Transport LLCOilGathers50Jan 19, 2025
Plains Marketing, L.p.OilGathers50Jan 19, 2025
Et Gathering & Processing LLCCasinghead gasBuys100Jan 19, 2025
Energy Transfer CompanyCasinghead gasGathers100Jan 19, 2025

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

Who buys my oilOil price check

1,293.14 acres on the newest permit

Permits for Speedway 1-2
API numberWell no.Acreson the permit
42-389-4115864H1,293.14
42-389-4115961H1,293.14
42-389-4116032H1,293.14
42-389-4116131H1,293.14
42-389-4116262H1,293.14

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

Unit decimal checker

Estimate your royalty

18 months, newest first

Ledger for SPEEDWAY 1-2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202620,59520,52247,40346,3620$80.46$2.89
Jun 202619,58719,74151,92750,7520$84.81$3.15
May 202622,65222,58465,84364,4470$102.13$2.94
Apr 202623,28823,29868,35766,9570$100.32$2.77
Mar 202625,52825,58063,79262,3310$91.38$3.04
Feb 202623,96223,94464,70163,1740$64.51$3.62
Jan 202627,67527,73176,49775,5060$60.04$7.72
Dec 202530,94031,15884,91883,1440$57.97$4.26
Nov 202530,85930,67382,42580,6380$60.06$3.79
Oct 202535,73935,66889,62887,6030$60.89$3.19
Sep 202537,16237,27591,34989,3820$63.96$2.97
Aug 202545,55945,696107,020104,7280$64.86$2.91
Jul 202551,83351,806113,271112,7113$68.39$3.20
Jun 202556,03756,44596,04095,786254$68.17$3.02
May 202582,13481,830114,881114,8792$62.17$3.12
Apr 202595,91696,26494,26593,502763$63.54$3.42
Mar 202593,37292,48485,92985,766163$68.24$4.12
Feb 202523,97723,75734,19634,17917$71.53$4.19

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

OperatorVTX Energy Operating, LLCFieldSandbar (Bone Spring)CountyReeves County

VTX Energy Operating, LLC in Reeves County

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Sandbar (Bone Spring) field

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