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Texas oil lease

Producing

VERA 12

Vera 12 is an oil lease in Upton County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

1 well

152,879bbl oil, last 12 months
Operator
Summit Petroleum LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-23017

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
192,267 mcf
Oil in Jul 2026
7,148 bbl

Production by month

Oil output fell 73% since Jul 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 73% since Jul 2025Monthly oil production and gas for VERA 12, Jul 2025 to Jul 2026. Oil output fell 73% since Jul 2025. Monthly average of 6,184 bbl in the latest 3 months, against 22,669 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 25OctJan 26AprJul
Oil output fell 73% since Jul 2025Monthly oil production and gas for VERA 12, Jul 2025 to Jul 2026. Oil output fell 73% since Jul 2025. Monthly average of 6,184 bbl in the latest 3 months, against 22,669 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a transmission line in the last 12 months

Flaring peaked at 55.6% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a transmission line in the last 12 monthsShare of VERA 12 gas by disposition code each month, Jul 2025 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 55.6% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 55.6%Jul 25OctJan 26AprJul
91% of the gas went to a transmission line in the last 12 monthsShare of VERA 12 gas by disposition code each month, Jul 2025 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 55.6% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 55.6%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    91% · 175,219 mcf

  • Flared (4)

    7.9% · 15,271 mcf

  • Lease fuel (1)

    0.9% · 1,777 mcf

7.9% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on VERA 12
API numberWell no.Status
42-461-4284223LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enlink Crude Marketing, LLCOilGathers100Oct 19, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Oct 19, 2024–
Etc South Permian Midstream LLCCasinghead gasBuys100Oct 19, 2024Mar 1, 2026

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

Who buys my oilOil price check

967.10 acres on the newest permit

An allocation well is on this lease

Permits for Vera 12
API numberWell no.Acreson the permit
42-461-4284223LS967.10

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

Unit decimal checker

Estimate your royalty

13 months, newest first

Ledger for VERA 12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,1487,22510,9466,8834,063$80.46$2.89
Jun 20264,9474,9145,2082,3102,898$84.81$3.15
May 20266,4566,4715,4393,9571,231$102.13$2.94
Apr 20262,2132,1541,5681,33633$100.32$2.77
Mar 20262,3852,4634,3704,29332$91.38$3.04
Feb 20269,1109,12316,89316,135593$64.51$3.62
Jan 202612,04312,05328,40627,258904$60.04$7.72
Dec 202515,76115,77626,59321,6134,706$57.97$4.26
Nov 202515,78415,75921,19020,222687$60.06$3.79
Oct 202520,30920,30826,03725,605114$60.89$3.19
Sep 202524,94224,95726,64926,6490$63.96$2.97
Aug 202531,78131,76218,96818,95810$64.86$2.91
Jul 202511,28411,1988,8388,478360$68.39$3.20

Flared above 3%

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

OperatorSummit Petroleum LLCFieldSpraberry (Trend Area)CountyUpton County

Summit Petroleum LLC in Upton County

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Spraberry (Trend Area) field

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