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Texas oil lease

Producing

V. E. PHILLIPS

V. E. Phillips is an oil lease in Glasscock County, Texas, operated by Trilogy Operating, Inc. in the Garden City, NW (Strawn) field.

1 well

853bbl oil, last 12 months−16% vs prior year
Operator
Trilogy Operating, Inc.
County
Glasscock County
Field
Garden City, NW (Strawn)
RRC lease
08-51270

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
4,145 mcf
Oil in Jul 2026
70 bbl

Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for V. E. PHILLIPS, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 853 bbl in the 12 months through Jul 2026, against 1,011 bbl in the 12 months before.Last 12 months: 853 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for V. E. PHILLIPS, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 853 bbl in the 12 months through Jul 2026, against 1,011 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 24JulJan 25JulJan 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 last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of V. E. PHILLIPS gas by disposition code each month, Aug 2023 to Jul 2026. All 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%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of V. E. PHILLIPS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on V. E. PHILLIPS
API numberWell no.Status
42-173-360191Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Bml, Inc. BOilGathers100Sep 15, 2018
Targa Midstream Services LLCCasinghead gasBuys100Sep 15, 2018
Targa Midstream Services LLCCasinghead gasGathers100Sep 15, 2018

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

Who buys my oilOil price check

200 acres on the newest permit

Permits for V. E. Phillips
API numberWell no.Acreson the permit
42-173-360191200

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for V. E. PHILLIPS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267003943940$80.46$2.89
Jun 2026711743943940$84.81$3.15
May 20268003673670$102.13$2.94
Apr 20265303193190$100.32$2.77
Mar 2026781673693690$91.38$3.04
Feb 20267002972970$64.51$3.62
Jan 2026781813773770$60.04$7.72
Dec 20257203333330$57.97$4.26
Nov 2025741822882880$60.06$3.79
Oct 20257203233230$60.89$3.19
Sep 20256703103100$63.96$2.97
Aug 2025681773743740$64.86$2.91
Jul 20258104104100$68.39$3.20
Jun 2025661853583580$68.17$3.02
May 20258303203200$62.17$3.12
Apr 2025901843833830$63.54$3.42
Mar 20257704144140$68.24$4.12
Feb 20257003453450$71.53$4.19
Jan 20251011963763760$75.74$4.13
Dec 20249702252250$70.12$3.01
Nov 2024591892242240$69.95$2.12
Oct 20248903773770$71.99$2.20
Sep 20241071821741740$70.24$2.28
Aug 20249103613610$76.68$1.99
Jul 20241051773813810$81.80$2.07
Jun 202413302182180$79.77$2.54
May 2024191771021020$80.02$2.12
Apr 20249203493490$85.35$1.60
Mar 20241141812792790$81.28$1.49
Feb 202410902302300$77.25$1.72
Jan 20241021802882880$74.15$3.18
Dec 20231281813413410$71.90$2.52
Nov 20231591812592590$77.69$2.71
Oct 20236401651650$85.64$2.98
Sep 20238904204200$89.43$2.64
Aug 20231491774144140$81.39$2.58

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

OperatorTrilogy Operating, Inc.FieldGarden City, NW (Strawn)CountyGlasscock County

Trilogy Operating, Inc. in Glasscock County

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Garden City, NW (Strawn) field

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