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Texas oil lease

Producing

VLT THOR STATE UNIT

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

8 wells

277,487bbl oil, last 12 months−29% vs prior year
Operator
Chevron U. S. A. Inc.
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-57852

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
636,512 mcf
Oil in Jul 2026
18,563 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for VLT THOR STATE UNIT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 277,487 bbl in the 12 months through Jul 2026, against 391,431 bbl in the 12 months before.Last 12 months: 277,487 bblbbl per monthmcf per month0020k50k40k100k60k150k80k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for VLT THOR STATE UNIT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 277,487 bbl in the 12 months through Jul 2026, against 391,431 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k50k40k100k60k150k80k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 9.1% of the gas in Jan 2026.

  • Processing plant (3)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of VLT THOR STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.1% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of VLT THOR STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.1% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Flared 9.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 624,498 mcf

  • Flared (4)

    1.9% · 12,014 mcf

1.9% of the gas flared in the last 12 months. 3 months above 3%.

8 wells on this lease

Wells on VLT THOR STATE UNIT
API numberWell no.Status
42-227-414690161WAActive
42-227-414700162LSActive
42-227-414710163WAActive
42-227-414720165WBActive
42-227-414730164WAActive
42-227-414930181WAActive
42-227-414940182WAActive
42-227-414950183WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dk Trading & Supply, LLCOilGathers50Jan 1, 2023–
Eastex Crude Company, LLCOilGathers50Jan 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100Apr 20, 2022–
Energy Transfer CompanyCasinghead gasGathers100Apr 20, 2022–
Dk Trading & Supply, LLCOilGathers80Apr 20, 2022Jan 1, 2023
Eastex Crude CompanyOilGathers20Apr 20, 2022Jan 1, 2023

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

Who buys my oilOil price check

1,274.89 acres on the newest permit

8 wells are listed on this lease

Permits for VLT Thor State Unit
API numberWell no.Acreson the permit
42-227-414930181WA1,274.89
42-227-414940182WA1,274.89
42-227-414950183WA1,274.89
42-227-414690161WA1,274.89
42-227-414700162LS1,274.89
42-227-414710163WA1,274.89
42-227-414720165WB1,274.89
42-227-414730164WA1,274.89

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 THOR STATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202618,56318,55356,28456,103181$80.46$2.89
Jun 202620,75120,74836,50336,46538$84.81$3.15
May 202621,38021,37427,01426,360654$102.13$2.94
Apr 202620,74920,77630,12230,1211$100.32$2.77
Mar 202621,18821,16732,34832,32424$91.38$3.04
Feb 202619,58219,58927,68126,3921,289$64.51$3.62
Jan 202623,65223,64440,81537,0903,725$60.04$7.72
Dec 202525,38425,40888,82188,546275$57.97$4.26
Nov 202526,13426,13459,51659,313203$60.06$3.79
Oct 202527,17227,15372,28467,7304,554$60.89$3.19
Sep 202526,85126,86376,77875,851927$63.96$2.97
Aug 202526,08126,09788,34688,203143$64.86$2.91
Jul 202529,36029,36192,11591,946169$68.39$3.20
Jun 202529,40929,39966,24566,17669$68.17$3.02
May 202529,84629,85543,33543,3350$62.17$3.12
Apr 202529,80529,80755,60855,6080$63.54$3.42
Mar 202531,02731,049131,017131,0170$68.24$4.12
Feb 202529,46029,396131,083131,0830$71.53$4.19
Jan 202527,81327,82065,90265,9020$75.74$4.13
Dec 202433,24733,24384,63284,6320$70.12$3.01
Nov 202434,95134,93275,88275,8820$69.95$2.12
Oct 202437,42337,44576,86276,8620$71.99$2.20
Sep 202435,48235,57286,80086,8000$70.24$2.28
Aug 202443,60843,64429,62929,6290$76.68$1.99
Jul 202442,22542,25429,15129,1510$81.80$2.07
Jun 202443,24743,176119,559119,5590$79.77$2.54
May 202451,84951,863137,073137,0730$80.02$2.12
Apr 202454,07254,104135,051135,0510$85.35$1.60
Mar 202456,46456,434141,422141,4220$81.28$1.49
Feb 202459,53859,592135,717135,7170$77.25$1.72
Jan 202460,28660,292112,786112,7860$74.15$3.18
Dec 202355,62755,629103,316103,3160$71.90$2.52
Nov 202356,55756,584126,060126,0600$77.69$2.71
Oct 202375,71175,676159,694159,6940$85.64$2.98
Sep 202375,11675,039131,030131,0300$89.43$2.64
Aug 202374,73974,751120,979120,9790$81.39$2.58

Flared above 3%

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)CountyHoward County

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

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Spraberry (Trend Area) field

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