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 - Apr 2025
Total Oil Production1,426,616 BBLs
Total Gas Production1,805,122 MCF
Recent Oil Production11,314 BBLs in Mar 2025
Recent Gas Production11,490 MCF in Mar 2025
Wells on Property3

Our Valuation Estimates for VLT Sharps Unit

ShaleAssessment™

Not Available

MarketMultiple™

$1,427,613 **

* 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 Apr 2025

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, TX374 BBLs0 MCFApr 2025
BlockerMartin County, TX315 BBLs1,246 MCFApr 2025
Frances 12Martin County, TX23,686 BBLs153,034 MCFApr 2025
GulfMartin County, TX112 BBLs314 MCFApr 2025
HarrellMartin County, TX385 BBLs1,215 MCFApr 2025
HerzogMartin County, TX717 BBLs2,158 MCFApr 2025
JNM TrustMartin County, TX436 BBLs831 MCFApr 2025
Jones BrosMartin County, TX332 BBLs2,262 MCFApr 2025
KarglMartin County, TX0 BBLs0 MCFOct 2024
Marienfeld 13Martin County, TX22,720 BBLs132,842 MCFApr 2025
MillhollonMartin County, TX225 BBLs419 MCFApr 2025
Nada Mae 17Martin County, TX339 BBLs658 MCFApr 2025
Straub 7Martin County, TX720 BBLs3,824 MCFApr 2025
VLT Kimber Dangerous Game UnitMartin County, TX461 BBLs3,032 MCFApr 2025
VLT Kimber Hunter UnitMartin County, TX2,629 BBLs5,016 MCFApr 2025
VLT Kimber Open Range UnitMartin County, TX3,249 BBLs4,007 MCFApr 2025
VLT Rigby UnitMartin County, TX6,916 BBLs20,114 MCFApr 2025
VLT Ruger Hunter UnitMartin County, TX1,769 BBLs2,047 MCFApr 2025
VLT Ruger Magnum UnitMartin County, TX2,336 BBLs7,917 MCFApr 2025
VLT Ruger Predator UnitMartin County, TX1,593 BBLs1,856 MCFApr 2025

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.
Scout Energy Management 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
2024CHEVRON U S A INCORPORATED MINVLT SHARPS UNITCHEVRON U.S.A. INC.
2024MILLHOLLON NETTIE EDU TSTVLT SHARPS UNITCHEVRON U.S.A. INC.
2024NIMROD PROPERTIES LLCVLT SHARPS UNITCHEVRON U.S.A. INC.
2024SANTA ELENA MINERALS IV LPVLT SHARPS UNITCHEVRON U.S.A. INC.
2024ROSSWELL LLCVLT SHARPS UNITCHEVRON U.S.A. INC.
2024BLOCKER NORMAN KVLT SHARPS UNITCHEVRON U.S.A. INC.
2024PIOTROWSKI JUDY LYNNVLT SHARPS UNITCHEVRON U.S.A. INC.
2024BLOCKER CHARLESVLT SHARPS UNITCHEVRON U.S.A. INC.
Displaying 8 of 41 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 UNITApr 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITMar 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITMar 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITFeb 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITFeb 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJan 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJan 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITDec 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITDec 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITNov 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITNov 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITSep 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITSep 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITAug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITAug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJun 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITJun 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITMay 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITMay 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITApr 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
08-54187VLT SHARPS UNITApr 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.