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Texas oil lease

Producing

VERA 2

Vera 2 is an oil lease in Upton County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

1 well

146,689bbl oil, last 12 months
Operator
Summit Petroleum LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-22807

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
203,565 mcf
Oil in Jul 2026
7,463 bbl

Production by month

Oil output fell 58% since May 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 58% since May 2025Monthly oil production and gas for VERA 2, May 2025 to Jul 2026. Oil output fell 58% since May 2025. Monthly average of 9,085 bbl in the latest 3 months, against 21,706 bbl in the first 3.bbl per monthmcf per month0010k10k20k20k30k30k40k40kJul 25OctJan 26AprJul
Oil output fell 58% since May 2025Monthly oil production and gas for VERA 2, May 2025 to Jul 2026. Oil output fell 58% since May 2025. Monthly average of 9,085 bbl in the latest 3 months, against 21,706 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

77% of the gas went to a transmission line in the last 12 months

Flaring peaked at 79.1% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
77% of the gas went to a transmission line in the last 12 monthsShare of VERA 2 gas by disposition code each month, May 2025 to Jul 2026. 77% of the gas went to a transmission line in the last 12 months. Flaring peaked at 79.1% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 79.1%Jul 25OctJan 26AprJul
77% of the gas went to a transmission line in the last 12 monthsShare of VERA 2 gas by disposition code each month, May 2025 to Jul 2026. 77% of the gas went to a transmission line in the last 12 months. Flaring peaked at 79.1% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 79.1%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    77% · 156,607 mcf

  • Flared (4)

    23% · 46,058 mcf

  • Lease fuel (1)

    0.4% · 900 mcf

22.6% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on VERA 2
API numberWell no.Status
42-461-4273803MSActive

SourceTexas Railroad Commission Wellbore Query.

967.30 acres on the newest permit

An allocation well is on this lease

Permits for Vera 2
API numberWell no.Acreson the permit
42-461-4273803MS967.30

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

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Ledger for VERA 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,4637,49920,68311,1429,541$80.46$2.89
Jun 202610,04410,01826,9235,63721,286$84.81$3.15
May 20269,7499,73022,06212,1189,944$102.13$2.94
Apr 20269,1339,14620,10318,8751,228$100.32$2.77
Mar 202610,60410,56719,63718,950467$91.38$3.04
Feb 20265,3445,3389,3319,080160$64.51$3.62
Jan 20269,5769,56515,80915,110563$60.04$7.72
Dec 202511,66911,69115,52912,9032,469$57.97$4.26
Nov 202512,69012,66710,54710,072335$60.06$3.79
Oct 202515,57415,56112,56212,35155$60.89$3.19
Sep 202518,50118,51713,77713,7770$63.96$2.97
Aug 202526,34226,39516,60216,59210$64.86$2.91
Jul 202530,37630,39511,93611,310626$68.39$3.20
Jun 202528,44928,5419,2199,045174$68.17$3.02
May 20256,2936,0512,1192,1190$62.17$3.12

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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