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Texas oil lease

Producing

VLT HOWA UNIT

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

3 wells

136,663bbl oil, last 12 months−41% vs prior year
Operator
Chevron U. S. A. Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-58856

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
178,784 mcf
Oil in Jul 2026
8,823 bbl

Production by month

Oil output fell 41% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for VLT HOWA UNIT, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 136,663 bbl in the 12 months through Jul 2026, against 233,046 bbl in the 12 months before.Last 12 months: 136,663 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 41% over the last 12 monthsMonthly oil production and gas for VLT HOWA UNIT, Aug 2023 to Jul 2026. Oil output fell 41% over the last 12 months. 136,663 bbl in the 12 months through Jul 2026, against 233,046 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 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 HOWA 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 HOWA 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% · 178,615 mcf

  • Flared (4)

    0.1% · 169 mcf

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

3 wells on this lease

Wells on VLT HOWA UNIT
API numberWell no.Status
42-317-435970131WAActive
42-317-435980132WAActive
42-317-435990133WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Dk Trading & Supply, LLCOilGathers100Nov 22, 2022
Energy Transfer CompanyCasinghead gasBuys100Nov 22, 2022
Energy Transfer CompanyCasinghead gasGathers100Nov 22, 2022

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

Who buys my oilOil price check

480 acres on the newest permit

Permits for VLT Howa Unit
API numberWell no.Acreson the permit
42-317-435970131WA480
42-317-435980132WA480
42-317-435990133WA480

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 HOWA UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,8238,8199,8379,80037$80.46$2.89
Jun 20268,7048,7127,4877,4807$84.81$3.15
May 202610,09010,07315,32715,29235$102.13$2.94
Apr 202610,16310,18112,82512,8250$100.32$2.77
Mar 202611,16411,16115,15715,11641$91.38$3.04
Feb 20269,3619,34713,84813,79949$64.51$3.62
Jan 202610,76410,75911,09011,0900$60.04$7.72
Dec 202511,55511,5665,8005,8000$57.97$4.26
Nov 202510,56310,6017,2147,2140$60.06$3.79
Oct 202514,46914,50327,57227,5720$60.89$3.19
Sep 202515,94615,89829,06929,0690$63.96$2.97
Aug 202515,06115,09723,55823,5580$64.86$2.91
Jul 202517,56217,55333,12033,1173$68.39$3.20
Jun 202516,40816,38334,19134,18011$68.17$3.02
May 202515,28615,30317,95317,9530$62.17$3.12
Apr 202517,50617,50133,93433,9340$63.54$3.42
Mar 202518,27918,33238,27838,2780$68.24$4.12
Feb 202516,07716,05032,37032,3700$71.53$4.19
Jan 202519,53919,54528,46428,4640$75.74$4.13
Dec 202421,85021,82341,36141,3610$70.12$3.01
Nov 202422,17522,17932,75732,7570$69.95$2.12
Oct 202420,06120,04133,98833,9880$71.99$2.20
Sep 202422,39222,36537,29237,2920$70.24$2.28
Aug 202425,91126,01541,59841,5980$76.68$1.99
Jul 202427,24927,21540,72040,70911$81.80$2.07
Jun 202427,56727,55340,63240,62210$79.77$2.54
May 202429,47929,48239,92739,91710$80.02$2.12
Apr 202431,20131,21036,91036,86743$85.35$1.60
Mar 202428,69028,68236,08636,0860$81.28$1.49
Feb 202424,77124,75630,96130,9610$77.25$1.72
Jan 202430,62730,65736,23136,2310$74.15$3.18
Dec 202334,14034,13238,87938,8790$71.90$2.52
Nov 202338,12538,07939,11139,1110$77.69$2.71
Oct 202329,62429,65033,21133,2110$85.64$2.98
Sep 202322,17022,17636,17036,1700$89.43$2.64
Aug 202334,61634,58836,37636,3760$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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Nearby

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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