VLT Sharps Unit

Oil & Gas Property in Martin County, TX

  2. Texas
  3. Martin County, TX
  4. Oil & Gas Properties in Martin County, TX
  5. VLT Sharps Unit Oil & Gas Property

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Property Summary

Key data points for VLT Sharps Unit

CountyMartin County, TX
OperatorCHEVRON USA INC
Production DatesJul 2020 - Jun 2026
Total Oil Production1,538,771 BBLs
Total Gas Production2,224,228 MCF
Recent Oil Production6,873 BBLs in May 2026
Recent Gas Production35,395 MCF in May 2026
Wells on Property3

Our Valuation Estimates for VLT Sharps Unit

ShaleAssessment™

Not Available

MarketMultiple™

$1,056,836 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

VLT Sharps Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for VLT Sharps Unit
from Jul 2020 to Jun 2026

Wells on VLT Sharps Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-317-42500VLT SHARPS UNIT 0071WACHEVRON U. S. A. INC.ProducingMartin County, TX32.156738-101.764589
42-317-42501VLT SHARPS UNIT 0072WACHEVRON U. S. A. INC.ProducingMartin County, TX32.156756-101.764511
42-317-42502VLT SHARPS UNIT 0073WACHEVRON U. S. A. INC.ProducingMartin County, TX32.156774-101.764433

Leases included in VLT Sharps Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-54187VLT SHARPS UNITCHEVRON U. S. A. INC.Martin County, TX

Nearby Properties

These are the closest 20 properties to the VLT Sharps Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Armstrong 12Martin County, TX503 BBLs2,188 MCFJun 2026
BlockerMartin County, TX237 BBLs0 MCFJun 2026
Frances 12Martin County, TX18,592 BBLs150,182 MCFJun 2026
GulfMartin County, TX0 BBLs0 MCFApr 2026
HarrellMartin County, TX283 BBLs2,098 MCFJun 2026
HerzogMartin County, TX352 BBLs862 MCFJun 2026
JNM TrustMartin County, TX0 BBLs0 MCFApr 2026
KarglMartin County, TX0 BBLs0 MCFApr 2026
Marienfeld 13Martin County, TX20,831 BBLs131,849 MCFJun 2026
MillhollonMartin County, TX201 BBLs607 MCFJun 2026
Straub 7Martin County, TX302 BBLs2,869 MCFJun 2026
VLT Browning Hunter UnitMartin County, TX3,304 BBLs4,701 MCFJun 2026
VLT Browning Medallion UnitMartin County, TX1,990 BBLs145 MCFJun 2026
VLT Kimber Dangerous Game UnitMartin County, TX1,337 BBLs9,739 MCFJun 2026
VLT Kimber Hunter UnitMartin County, TX2,037 BBLs2,679 MCFJun 2026
VLT Kimber Open Range UnitMartin County, TX2,828 BBLs2,242 MCFJun 2026
VLT Rigby UnitMartin County, TX6,084 BBLs51,124 MCFJun 2026
VLT Ruger Hunter UnitMartin County, TX2,782 BBLs1,027 MCFJun 2026
VLT Ruger Magnum UnitMartin County, TX2,041 BBLs3,161 MCFJun 2026
VLT Ruger Predator UnitMartin County, TX1,269 BBLs697 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the VLT Sharps Unit property.

Company Name
Arya Resources, LLC
Berry Oil Comp.
Breitburn Operating LP
Chevron USA Inc
Civitas Permian Operating, LLC
Cutbow Operating, LLC
Diamondback E&P LLC
Endeavor Energy Resources, LP
Energen Resources Corporation
Lario Oil & Gas Company
Meritage Energy Company LLC
MGF Oil Corporation
New Height Energy, LLC
Oxyrock Operating, LLC
Petroplex Energy Inc.
Pioneer Natural Res. USA, Inc.
Red Highland Resources LLC
SM Energy Company
Wilton Oil Company
XTO Energy Inc.

Frac'ing activity on VLT Sharps Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-317-42500VLT Sharps Pkg 4 Pad 7 0071WA
42-317-42501VLT Sharps Pkg 4 Pad 7 0072WA
42-317-42502VLT Sharps Pkg 4 Pad 7 0073WA

Owners of VLT Sharps Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026CHEVRON U S A INCORPORATED MINVLT SHARPS UNITCHEVRON U.S.A. INC.
2026MILLHOLLON NETTIE EDU TSTVLT SHARPS UNITCHEVRON U.S.A. INC.
2026NIMROD PROPERTIES LLCVLT SHARPS UNITCHEVRON U.S.A. INC.
2026SANTA ELENA MINERALS IV LPVLT SHARPS UNITCHEVRON U.S.A. INC.
2026ROSSWELL LLCVLT SHARPS UNITCHEVRON U.S.A. INC.
2026BLOCKER NORMAN KVLT SHARPS UNITCHEVRON U.S.A. INC.
2026PIOTROWSKI JUDY LYNNVLT SHARPS UNITCHEVRON U.S.A. INC.
2026BLOCKER CHARLESVLT SHARPS UNITCHEVRON U.S.A. INC.
Displaying 8 of 43 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on VLT Sharps Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-54187VLT SHARPS UNITJun 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITMay 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITMay 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITApr 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITApr 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITMar 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITMar 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITFeb 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITFeb 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJan 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJan 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITDec 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITDec 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITNov 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITNov 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITOct 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITOct 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITSep 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITSep 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITAug 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITAug 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJul 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJul 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJun 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJun 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.