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Texas oil lease

Producing

VLT TITAN UNIT

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

5 wells

206,470bbl oil, last 12 months−15% vs prior year
RRC lease
08-55463

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
959,976 mcf
Oil in Jul 2026
15,046 bbl

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for VLT TITAN UNIT, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 206,470 bbl in the 12 months through Jul 2026, against 243,993 bbl in the 12 months before.Last 12 months: 206,470 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for VLT TITAN UNIT, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 206,470 bbl in the 12 months through Jul 2026, against 243,993 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJan 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 TITAN 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 TITAN 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% · 938,669 mcf

  • Flared (4)

    2.2% · 21,307 mcf

2.2% of the gas flared in the last 12 months. 3 months above 3%.

5 wells on this lease

Wells on VLT TITAN UNIT
API numberWell no.Status
42-227-405910091WAActive
42-227-405920093WAActive
42-227-405940095WAActive
42-227-421880203LSActive
42-227-421890204LSActive

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 gasBuys100May 12, 2020–
Energy Transfer CompanyCasinghead gasGathers100May 12, 2020–
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, LLCOilGathers100May 12, 2020Nov 22, 2021

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

647.21 acres on the newest permit

The wells on this lease state different acreage

The permits state between 572.7 and 647.81 acres.

Permits for VLT Titan Unit
API numberWell no.Acreson the permit
42-227-421880203LS647.21
42-227-421890204LS647.21
42-227-405920093WA647.81
42-227-405940095WA647.81
42-227-405910091WA572.70

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 TITAN UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202615,04615,03284,42284,148274$80.46$2.89
Jun 202615,37015,36985,79985,71287$84.81$3.15
May 202616,20916,20389,43187,2622,169$102.13$2.94
Apr 202615,17715,19693,09393,0894$100.32$2.77
Mar 202615,30915,30292,34092,26872$91.38$3.04
Feb 202616,22316,22690,63486,4164,218$64.51$3.62
Jan 202618,87918,87193,23184,7258,506$60.04$7.72
Dec 202519,68019,68361,62361,432191$57.97$4.26
Nov 202516,13316,13063,93563,718217$60.06$3.79
Oct 202515,92315,93172,00367,4674,536$60.89$3.19
Sep 202521,90821,91578,29877,352946$63.96$2.97
Aug 202520,61320,60455,16755,08087$64.86$2.91
Jul 202518,15118,14255,46055,357103$68.39$3.20
Jun 202514,77514,77153,27953,22356$68.17$3.02
May 202515,52215,52952,66052,6600$62.17$3.12
Apr 202516,22616,21255,54755,5470$63.54$3.42
Mar 202512,58912,61635,30135,3010$68.24$4.12
Feb 202515,77115,74648,72248,7220$71.53$4.19
Jan 202518,51418,52461,04261,0420$75.74$4.13
Dec 202423,80023,79579,80579,8050$70.12$3.01
Nov 202424,97424,95986,30786,3070$69.95$2.12
Oct 202425,29525,32198,17398,1730$71.99$2.20
Sep 202429,12529,17481,84181,8410$70.24$2.28
Aug 202429,25129,242104,005104,0050$76.68$1.99
Jul 202421,52121,59259,82359,8230$81.80$2.07
Jun 202432,60932,54684,26784,2670$79.77$2.54
May 202436,08936,08792,28792,2870$80.02$2.12
Apr 202433,92433,94973,56573,5650$85.35$1.60
Mar 202436,53336,47466,88966,8890$81.28$1.49
Feb 202425,31925,28346,07946,0790$77.25$1.72
Jan 202410,04010,01220,60620,6060$74.15$3.18
Dec 20232,5312,5617,4337,4330$71.90$2.52
Nov 20239,7989,83023,65323,6530$77.69$2.71
Oct 202320,87920,86949,47349,4730$85.64$2.98
Sep 202320,59120,56448,09248,0920$89.43$2.64
Aug 202317,97017,98244,72444,7240$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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Spraberry (Trend Area) field

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