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Texas oil lease

Producing

VERA 3

Vera 3 is an oil lease in Upton County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

1 well

164,876bbl oil, last 12 months
Operator
Summit Petroleum LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-22823

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
211,234 mcf
Oil in Jul 2026
8,102 bbl

Production by month

Oil output fell 51% since May 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 51% since May 2025Monthly oil production and gas for VERA 3, May 2025 to Jul 2026. Oil output fell 51% since May 2025. Monthly average of 9,011 bbl in the latest 3 months, against 18,316 bbl in the first 3.bbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kJul 25OctJan 26AprJul
Oil output fell 51% since May 2025Monthly oil production and gas for VERA 3, May 2025 to Jul 2026. Oil output fell 51% since May 2025. Monthly average of 9,011 bbl in the latest 3 months, against 18,316 bbl in the first 3.bbl per monthmcf per month0010k5,00020k10k30k15k40k20k50k25kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

78% of the gas went to a transmission line in the last 12 months

Flaring peaked at 82.6% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
78% of the gas went to a transmission line in the last 12 monthsShare of VERA 3 gas by disposition code each month, May 2025 to Jul 2026. 78% of the gas went to a transmission line in the last 12 months. Flaring peaked at 82.6% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 82.6%Jul 25OctJan 26AprJul
78% of the gas went to a transmission line in the last 12 monthsShare of VERA 3 gas by disposition code each month, May 2025 to Jul 2026. 78% of the gas went to a transmission line in the last 12 months. Flaring peaked at 82.6% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 82.6%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    78% · 165,504 mcf

  • Flared (4)

    21% · 44,674 mcf

  • Lease fuel (1)

    0.5% · 1,056 mcf

21.1% of the gas flared in the last 12 months. 9 months above 3%.

1 well on this lease

Wells on VERA 3
API numberWell no.Status
42-461-4273905JMActive

SourceTexas Railroad Commission Wellbore Query.

967.30 acres on the newest permit

An allocation well is on this lease

Permits for Vera 3
API numberWell no.Acreson the permit
42-461-4273905JM967.30

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

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Ledger for VERA 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,1028,10519,83210,8089,024$80.46$2.89
Jun 20269,2819,27023,5164,08419,432$84.81$3.15
May 20269,6519,61920,77711,1149,663$102.13$2.94
Apr 20268,0308,05216,89615,8511,045$100.32$2.77
Mar 202610,25410,22718,75618,079468$91.38$3.04
Feb 20268,0228,04113,79113,054605$64.51$3.62
Jan 202612,29712,27421,47820,613680$60.04$7.72
Dec 202514,21214,23420,59517,0633,324$57.97$4.26
Nov 202515,43615,41512,15011,625364$60.06$3.79
Oct 202519,01218,98813,00112,78159$60.89$3.19
Sep 202522,30822,33113,76713,7670$63.96$2.97
Aug 202528,27128,30416,67516,66510$64.86$2.91
Jul 202530,22530,22712,26911,659610$68.39$3.20
Jun 202521,10421,1248,5568,388168$68.17$3.02
May 20253,6203,4741,5151,378137$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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