Skip to content
Royalty Clerk

Texas oil lease

Producing

VLT SHARPS UNIT

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

3 wells

93,699bbl oil, last 12 months−23% vs prior year
Operator
Chevron U. S. A. Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-54187

Is your check right?

Check my statement

Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
378,533 mcf
Oil in Jul 2026
7,534 bbl

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for VLT SHARPS UNIT, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 93,699 bbl in the 12 months through Jul 2026, against 121,038 bbl in the 12 months before.Last 12 months: 93,699 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for VLT SHARPS UNIT, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 93,699 bbl in the 12 months through Jul 2026, against 121,038 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 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 SHARPS 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 SHARPS 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% · 378,092 mcf

  • Flared (4)

    0.1% · 441 mcf

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

3 wells on this lease

Wells on VLT SHARPS UNIT
API numberWell no.Status
42-317-425000071WAActive
42-317-425010072WAActive
42-317-425020073WAActive

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 gasBuys100Oct 12, 2019–
Energy Transfer CompanyCasinghead gasGathers100Oct 12, 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, LLCOilGathers100Oct 12, 2019Nov 22, 2021

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

Who buys my oilOil price check

163.27 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 161.31 and 163.27 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for VLT Sharps Unit
API numberWell no.Acreson the permit
42-317-425000071WA161.60
42-317-425010072WA161.31
42-317-425020073WA163.27

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 VLT SHARPS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267,5347,52029,54329,431112$80.46$2.89
Jun 20266,2016,20328,63128,60229$84.81$3.15
May 20266,8736,85635,39535,31382$102.13$2.94
Apr 20266,0336,04742,10542,1050$100.32$2.77
Mar 20267,0917,10341,32541,213112$91.38$3.04
Feb 20267,4797,46329,36929,263106$64.51$3.62
Jan 20267,9007,88726,26426,2640$60.04$7.72
Dec 20256,6636,68722,77522,7750$57.97$4.26
Nov 20258,5648,57936,77236,7720$60.06$3.79
Oct 20259,6799,69830,38030,3800$60.89$3.19
Sep 202510,32510,29131,46231,4620$63.96$2.97
Aug 20259,3579,35924,51224,5120$64.86$2.91
Jul 20258,2008,20926,24526,2441$68.39$3.20
Jun 20259,3689,35126,32626,3188$68.17$3.02
May 20258,4078,40917,62317,6230$62.17$3.12
Apr 20258,5798,59223,34723,3470$63.54$3.42
Mar 202511,31411,35811,49011,4900$68.24$4.12
Feb 202511,05911,02013,57913,5790$71.53$4.19
Jan 202510,53310,52913,38713,3870$75.74$4.13
Dec 202410,74310,72518,43818,4380$70.12$3.01
Nov 202410,05410,06618,58718,5870$69.95$2.12
Oct 202410,72510,70622,39622,3960$71.99$2.20
Sep 202410,18710,17520,19320,1930$70.24$2.28
Aug 202411,86911,91521,72821,7280$76.68$1.99
Jul 202412,23412,21917,92417,9195$81.80$2.07
Jun 202412,43212,42521,02921,0245$79.77$2.54
May 202413,08513,07527,15527,1496$80.02$2.12
Apr 202411,37111,38026,30026,27030$85.35$1.60
Mar 202411,46411,46151,45651,4560$81.28$1.49
Feb 202410,05210,03926,57326,5730$77.25$1.72
Jan 202410,65210,67120,37720,3770$74.15$3.18
Dec 202313,80513,79925,86325,8630$71.90$2.52
Nov 202314,49514,49226,95226,9520$77.69$2.71
Oct 202315,78215,77930,24330,2430$85.64$2.98
Sep 20238,7188,71018,47318,4730$89.43$2.64
Aug 202311,00511,00424,28724,2870$81.39$2.58

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

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

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

All Chevron U. S. A. Inc. leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km