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Texas oil lease

Producing

VJ RANCH-SABLE "25"

VJ Ranch-Sable "25" is an oil lease in Reeves County, Texas, operated by Chevron U. S. A. Inc. in the Wolfbone (Trend Area) field.

4 wells

2,263bbl oil, last 12 months−62% vs prior year
Operator
Chevron U. S. A. Inc.
County
Reeves County
Field
Wolfbone (Trend Area)
RRC lease
08-41945

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
863 mcf
Oil in Jul 2026
29 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

  • Sales

    Sales over the last 3 months fell to 25% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 62% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 62% over the last 12 monthsMonthly oil production and gas for VJ RANCH-SABLE "25", Aug 2023 to Jul 2026. Oil output fell 62% over the last 12 months. 2,263 bbl in the 12 months through Jul 2026, against 5,917 bbl in the 12 months before.Last 12 months: 2,263 bblbbl per monthmcf per month002502005004007506001,0008001,2501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 62% over the last 12 monthsMonthly oil production and gas for VJ RANCH-SABLE "25", Aug 2023 to Jul 2026. Oil output fell 62% over the last 12 months. 2,263 bbl in the 12 months through Jul 2026, against 5,917 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502005004007506001,0008001,2501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of VJ RANCH-SABLE "25" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of VJ RANCH-SABLE "25" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Sep 2022

Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Aug 2021; Colgate Operating, LLC, Sep 2021 to Aug 2022; Chevron U. S. A. Inc., Sep 2022 to Jul 20262020202120222023202420252026Changed Sep 2021Changed Sep 2022OXY USA WTP LPJan 2020 to Aug 2021Colgate Operating, LLCSep 2021 to Aug 2022Chevron U. S. A. Inc.Sep 2022 to now
Operators of this lease over timeOXY USA WTP LP, Jan 2020 to Aug 2021; Colgate Operating, LLC, Sep 2021 to Aug 2022; Chevron U. S. A. Inc., Sep 2022 to Jul 20262020202120222023202420252026Changed Sep 2021Changed Sep 2022OXY USA WTP LPJan 2020 to Aug 2021Colgate Operating, LLCSep 2021 to Aug 2022Chevron U. S. A. Inc.Sep 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on VJ RANCH-SABLE "25"
API numberWell no.Status
42-389-326961Active
42-389-329542Active
42-389-331653Active
42-389-332224Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Pilot Travel Centers LLCOilGathers50Sep 1, 2021–
Shell Trading (Us) CompanyOilGathers50Aug 1, 2013–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015–
Bridger Transportation, LLCOilGathers50Aug 1, 2014Sep 1, 2021

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

Who buys my oilOil price check

645.22 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 645.22 and 645.28 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for VJ Ranch-Sable "25"
API numberWell no.Acreson the permit
42-389-332224645.22
42-389-331653645.22
42-389-329542645.28
42-389-326961645.28

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What Chevron Corporation told investors it received

Chevron U. S. A. Inc. is linked to Chevron Corporation (CVX).
Realized prices reported by Chevron Corporation
QuarterOil$ per bblFiling
Q2 2026$99.38SEC filing
Q2 2026$95.66SEC filing
Q1 2026$80.12SEC filing
Q1 2026$68.83SEC filing
Q4 2025–SEC filing
Q4 2025–SEC filing

SourceChevron Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for VJ RANCH-SABLE "25"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Chevron U.29026260$80.46$2.89
Jun 2026Chevron U.65044440$84.81$3.15
May 2026Chevron U.0174000$102.13$2.94
Apr 2026Chevron U.10102762760$100.32$2.77
Mar 2026Chevron U.00000$91.38$3.04
Feb 2026Chevron U.710000$64.51$3.62
Jan 2026Chevron U.00000$60.04$7.72
Dec 2025Chevron U.50012120$57.97$4.26
Nov 2025Chevron U.401526990$60.06$3.79
Oct 2025Chevron U.133163440$60.89$3.19
Sep 2025Chevron U.4723572112110$63.96$2.97
Aug 2025Chevron U.9411,0452812810$64.86$2.91
Jul 2025Chevron U.5455291441440$68.39$3.20
Jun 2025Chevron U.3613561011010$68.17$3.02
May 2025Chevron U.3975171671670$62.17$3.12
Apr 2025Chevron U.5665181231230$63.54$3.42
Mar 2025Chevron U.4745192012010$68.24$4.12
Feb 2025Chevron U.47234183830$71.53$4.19
Jan 2025Chevron U.5337031061060$75.74$4.13
Dec 2024Chevron U.4895091511510$70.12$3.01
Nov 2024Chevron U.1,1781,0195375370$69.95$2.12
Oct 2024Chevron U.2603461341340$71.99$2.20
Sep 2024Chevron U.6425273413410$70.24$2.28
Aug 2024Chevron U.00000$76.68$1.99
Jul 2024Chevron U.53062620$81.80$2.07
Jun 2024Chevron U.4617532320$79.77$2.54
May 2024Chevron U.104066660$80.02$2.12
Apr 2024Chevron U.8030300$85.35$1.60
Mar 2024Chevron U.00000$81.28$1.49
Feb 2024Chevron U.15517590900$77.25$1.72
Jan 2024Chevron U.00000$74.15$3.18
Dec 2023Chevron U.3915222552550$71.90$2.52
Nov 2023Chevron U.6225413763760$77.69$2.71
Oct 2023Chevron U.9779275585580$85.64$2.98
Sep 2023Chevron U.1701771271270$89.43$2.64
Aug 2023Chevron U.10018817170$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorChevron U. S. A. Inc.FieldWolfbone (Trend Area)CountyReeves County

Chevron U. S. A. Inc. in Reeves County

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Wolfbone (Trend Area) field

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