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Texas oil lease

Producing

VLT COLT UNIT

VLT Colt Unit is an oil lease in Martin County, Texas, operated by Chevron U. S. A. Inc. in the Spraberry (Trend Area) field.

2 wells

122,141bbl oil, last 12 months−30% vs prior year
Operator
Chevron U. S. A. Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-58853

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
121,516 mcf
Oil in Jul 2026
9,406 bbl

Production by month

Oil output fell 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for VLT COLT UNIT, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 122,141 bbl in the 12 months through Jul 2026, against 175,581 bbl in the 12 months before.Last 12 months: 122,141 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for VLT COLT UNIT, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 122,141 bbl in the 12 months through Jul 2026, against 175,581 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Flared (4)
Over 99% of the gas went to a transmission line in the last 12 monthsShare of VLT COLT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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
Over 99% of the gas went to a transmission line in the last 12 monthsShare of VLT COLT UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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.

  • Transmission line (2)

    100% · 121,442 mcf

  • Flared (4)

    0.1% · 74 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on VLT COLT UNIT
API numberWell no.Status
42-317-443880081WAActive
42-317-443890082WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Dec 6, 2022
Energy Transfer CompanyCasinghead gasBuys100Dec 6, 2022
Energy Transfer CompanyCasinghead gasGathers100Dec 6, 2022

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

Who buys my oilOil price check

651.34 acres on the newest permit

The wells on this lease state different acreage

The permits state between 329.04 and 651.34 acres.

Permits for VLT Colt Unit
API numberWell no.Acreson the permit
42-317-443890082WA651.34
42-317-443880081WA329.04

SourceRailroad Commission drilling permits, Sep 26, 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 VLT COLT UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269,4069,4006,6916,66625$80.46$2.89
Jun 20269,1339,1336,5366,5297$84.81$3.15
May 20269,5929,5737,8147,79618$102.13$2.94
Apr 20269,2849,3055,6515,6510$100.32$2.77
Mar 202610,71610,6775,6445,62915$91.38$3.04
Feb 20265,0475,0742,4522,4439$64.51$3.62
Jan 202611,12911,11714,75514,7550$60.04$7.72
Dec 202510,55210,57111,07711,0770$57.97$4.26
Nov 202510,97810,99013,15513,1550$60.06$3.79
Oct 202511,48711,50615,20015,2000$60.89$3.19
Sep 202511,89511,87016,01716,0170$63.96$2.97
Aug 202512,92212,93916,52416,5240$64.86$2.91
Jul 202513,14313,14016,67216,6711$68.39$3.20
Jun 202512,83812,82616,64016,6346$68.17$3.02
May 202512,97112,98117,27717,2770$62.17$3.12
Apr 202514,35914,34419,40719,4070$63.54$3.42
Mar 202513,07213,10519,38819,3880$68.24$4.12
Feb 202511,12711,1103333330$71.53$4.19
Jan 202513,70813,71520,87220,8720$75.74$4.13
Dec 202415,75615,73624,18024,1800$70.12$3.01
Nov 202415,73415,75624,03124,0310$69.95$2.12
Oct 202417,42417,39424,80224,8020$71.99$2.20
Sep 202416,62016,59822,86922,8690$70.24$2.28
Aug 202418,82918,90724,69924,6990$76.68$1.99
Jul 202420,06720,04224,57424,5677$81.80$2.07
Jun 202420,43120,42325,27225,2657$79.77$2.54
May 202422,32222,32825,31925,3127$80.02$2.12
Apr 202424,56124,55221,86521,83926$85.35$1.60
Mar 202419,28019,26519,22819,2280$81.28$1.49
Feb 202414,96914,96515,91415,9140$77.25$1.72
Jan 202419,73719,74927,42027,4200$74.15$3.18
Dec 202320,46720,46225,44725,4470$71.90$2.52
Nov 202322,79422,79226,32526,3250$77.69$2.71
Oct 202325,46825,51225,50325,5030$85.64$2.98
Sep 202322,75922,74323,64223,6420$89.43$2.64
Aug 202329,69829,66925,95125,9510$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorChevron U. S. A. Inc.FieldSpraberry (Trend Area)CountyMartin County

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

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