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Texas oil lease

Producing

VERA 8

Vera 8 is an oil lease in Upton County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

1 well

90,522bbl oil, last 12 months
Operator
Summit Petroleum LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-23014

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
167,152 mcf
Oil in Jul 2026
4,154 bbl

Production by month

Oil output fell 66% since Jun 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 66% since Jun 2025Monthly oil production and gas for VERA 8, Jun 2025 to Jul 2026. Oil output fell 66% since Jun 2025. Monthly average of 4,462 bbl in the latest 3 months, against 13,235 bbl in the first 3.bbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJul 25OctJan 26AprJul
Oil output fell 66% since Jun 2025Monthly oil production and gas for VERA 8, Jun 2025 to Jul 2026. Oil output fell 66% since Jun 2025. Monthly average of 4,462 bbl in the latest 3 months, against 13,235 bbl in the first 3.bbl per monthmcf per month005,0005,00010k10k15k15k20k20k25k25kJul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

88% of the gas went to a transmission line in the last 12 months

Flaring peaked at 74.0% of the gas in Jun 2026.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
88% of the gas went to a transmission line in the last 12 monthsShare of VERA 8 gas by disposition code each month, Jun 2025 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 74.0% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 74.0%Jul 25OctJan 26AprJul
88% of the gas went to a transmission line in the last 12 monthsShare of VERA 8 gas by disposition code each month, Jun 2025 to Jul 2026. 88% of the gas went to a transmission line in the last 12 months. Flaring peaked at 74.0% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 74.0%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    88% · 146,915 mcf

  • Flared (4)

    11% · 18,460 mcf

  • Lease fuel (1)

    1.1% · 1,777 mcf

11.0% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on VERA 8
API numberWell no.Status
42-461-4283815LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enlink Crude Marketing, LLCOilGathers100Sep 11, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Sep 11, 2024–
Etc South Permian Midstream LLCCasinghead gasBuys100Sep 11, 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 8
API numberWell no.Acreson the permit
42-461-4283815LS967.10

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

Unit decimal checker

Estimate your royalty

14 months, newest first

Ledger for VERA 8
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,1544,1399,5544,9984,556$80.46$2.89
Jun 20264,3274,3209,1852,3926,793$84.81$3.15
May 20264,9044,9097,3645,0491,953$102.13$2.94
Apr 20262,5732,5382,0961,72675$100.32$2.77
Mar 20266,4976,53823,16622,337573$91.38$3.04
Feb 20266,5806,58722,52621,536769$64.51$3.62
Jan 20268,0888,02520,27619,608492$60.04$7.72
Dec 20254,2534,30410,6317,7432,773$57.97$4.26
Nov 20257,3417,32812,86212,288403$60.06$3.79
Oct 20259,3569,35314,63814,39265$60.89$3.19
Sep 202511,89411,91115,79015,7900$63.96$2.97
Aug 202520,55520,58819,06419,0568$64.86$2.91
Jul 202515,96015,9538,2507,743507$68.39$3.20
Jun 20253,1903,1081,3141,3068$68.17$3.02

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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