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Texas oil lease

Producing

VLT RIGBY UNIT

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

5 wells

74,579bbl oil, last 12 months−30% vs prior year
RRC lease
08-54484

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
552,936 mcf
Oil in Jul 2026
8,345 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 RIGBY UNIT, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 74,579 bbl in the 12 months through Jul 2026, against 106,041 bbl in the 12 months before.Last 12 months: 74,579 bblbbl per monthmcf per month005,00025k10k50k15k75k20k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for VLT RIGBY UNIT, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 74,579 bbl in the 12 months through Jul 2026, against 106,041 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00025k10k50k15k75k20k100kJan 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 RIGBY 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 RIGBY 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% · 552,252 mcf

  • Flared (4)

    0.1% · 684 mcf

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

5 wells on this lease

Wells on VLT RIGBY UNIT
API numberWell no.Status
42-317-425380101WAActive
42-317-425390105WAActive
42-317-425400102WBActive
42-317-425410103WAActive
42-317-425420104WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers50Jul 1, 2022–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100Dec 15, 2019–
Energy Transfer CompanyCasinghead gasGathers100Dec 15, 2019–
Eastex Crude CompanyOilGathers50Jul 1, 2022Jan 1, 2023
Eastex Crude CompanyOilGathers20Nov 22, 2021Jul 1, 2022
Lion Oil Trading & Trans, LLCOilGathers80Nov 22, 2021Jul 1, 2022
Lion Oil Trading & Trans, LLCOilGathers100Dec 15, 2019Nov 22, 2021

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

120.76 acres on the newest permit

The wells on this lease state different acreage

The permits state between 90.6 and 485.52 acres.

Permits for VLT Rigby Unit
API numberWell no.Acreson the permit
42-317-425380101WA120.76
42-317-425400102WB90.60
42-317-425390105WA485.52
42-317-425410103WA90.62
42-317-425420104WB90.64

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

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 RIGBY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,3458,33450,00149,810191$80.46$2.89
Jun 20267,3647,34949,74049,68951$84.81$3.15
May 20266,0846,06451,12451,005119$102.13$2.94
Apr 20264,6714,68342,94642,9460$100.32$2.77
Mar 20265,5025,50251,46551,326139$91.38$3.04
Feb 20264,7644,75951,30751,123184$64.51$3.62
Jan 20265,9635,95945,43945,4390$60.04$7.72
Dec 20256,0866,09540,15140,1510$57.97$4.26
Nov 20255,9755,98449,85149,8510$60.06$3.79
Oct 20256,5896,59949,35449,3540$60.89$3.19
Sep 20256,6796,66036,07236,0720$63.96$2.97
Aug 20256,5576,57135,48635,4860$64.86$2.91
Jul 20257,3367,33245,74745,7443$68.39$3.20
Jun 20256,8316,82733,30433,29311$68.17$3.02
May 20257,3297,33232,75732,7570$62.17$3.12
Apr 20257,6297,62033,04733,0470$63.54$3.42
Mar 20256,9166,97320,11420,1140$68.24$4.12
Feb 20259,6569,62521,85621,8560$71.53$4.19
Jan 20259,6569,65216,63016,6300$75.74$4.13
Dec 20249,7259,71226,70526,7050$70.12$3.01
Nov 20249,7739,78429,55629,5560$69.95$2.12
Oct 202410,26410,24636,96136,9610$71.99$2.20
Sep 20249,7959,78331,70331,7030$70.24$2.28
Aug 202411,13111,17649,83749,8370$76.68$1.99
Jul 202411,81911,80084,50684,48422$81.80$2.07
Jun 202411,14911,14047,81447,80212$79.77$2.54
May 202411,25811,24936,35136,3429$80.02$2.12
Apr 20249,4769,49721,90621,88125$85.35$1.60
Mar 202412,23312,23143,64243,6420$81.28$1.49
Feb 202411,03411,01933,07433,0740$77.25$1.72
Jan 202411,51711,52333,61333,6130$74.15$3.18
Dec 202311,46511,46036,84336,8430$71.90$2.52
Nov 202312,30612,30739,17039,1700$77.69$2.71
Oct 202314,51014,52940,56340,5630$85.64$2.98
Sep 202312,03712,01130,58730,5870$89.43$2.64
Aug 202311,05411,05348,18948,1890$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

Spraberry (Trend Area) field

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