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Texas oil lease

Producing

VERA 7

Vera 7 is an oil lease in Upton County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

1 well

173,610bbl oil, last 12 months
Operator
Summit Petroleum LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-22830

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
175,218 mcf
Oil in Jul 2026
7,568 bbl

Production by month

Oil output fell 60% since May 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 60% since May 2025Monthly oil production and gas for VERA 7, May 2025 to Jul 2026. Oil output fell 60% since May 2025. Monthly average of 7,912 bbl in the latest 3 months, against 19,871 bbl in the first 3.bbl per monthmcf per month0010k5,00020k10k30k15k40k20kJul 25OctJan 26AprJul
Oil output fell 60% since May 2025Monthly oil production and gas for VERA 7, May 2025 to Jul 2026. Oil output fell 60% since May 2025. Monthly average of 7,912 bbl in the latest 3 months, against 19,871 bbl in the first 3.bbl per monthmcf per month0010k5,00020k10k30k15k40k20kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

85% of the gas went to a transmission line in the last 12 months

Flaring peaked at 65.8% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
85% of the gas went to a transmission line in the last 12 monthsShare of VERA 7 gas by disposition code each month, May 2025 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 65.8% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 65.8%Jul 25OctJan 26AprJul
85% of the gas went to a transmission line in the last 12 monthsShare of VERA 7 gas by disposition code each month, May 2025 to Jul 2026. 85% of the gas went to a transmission line in the last 12 months. Flaring peaked at 65.8% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 65.8%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    85% · 149,541 mcf

  • Flared (4)

    14% · 24,730 mcf

  • Lease fuel (1)

    0.5% · 947 mcf

14.1% of the gas flared in the last 12 months. 9 months above 3%.

1 well on this lease

Wells on VERA 7
API numberWell no.Status
42-461-4274313JMActive

SourceTexas Railroad Commission Wellbore Query.

967.30 acres on the newest permit

An allocation well is on this lease

Permits for Vera 7
API numberWell no.Acreson the permit
42-461-4274313JM967.30

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

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15 months, newest first

Ledger for VERA 7
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,5687,52312,6457,4755,170$80.46$2.89
Jun 20267,1687,17513,6584,6718,987$84.81$3.15
May 20269,0009,01316,66711,6764,991$102.13$2.94
Apr 202610,06110,08416,88815,7491,139$100.32$2.77
Mar 202610,95410,92116,37515,792401$91.38$3.04
Feb 20269,4309,44313,71113,157420$64.51$3.62
Jan 202612,47812,45816,73416,088501$60.04$7.72
Dec 202514,97915,01116,57013,7152,687$57.97$4.26
Nov 202517,13617,11511,62511,105366$60.06$3.79
Oct 202520,92720,90513,20312,97861$60.89$3.19
Sep 202524,75824,77414,33014,3300$63.96$2.97
Aug 202529,15129,18412,81212,8057$64.86$2.91
Jul 202531,02131,03011,42410,864560$68.39$3.20
Jun 202520,97521,0038,3968,241155$68.17$3.02
May 20257,6167,4483,2992,1451,154$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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