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 2025
Total Oil Production1,444,428 BBLs
Total Gas Production1,848,988 MCF
Recent Oil Production8,407 BBLs in May 2025
Recent Gas Production17,633 MCF in May 2025
Wells on Property3

Our Valuation Estimates for VLT Sharps Unit

ShaleAssessment™

Not Available

MarketMultiple™

$1,301,582 **

* 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 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, TX528 BBLs0 MCFJun 2025
BlockerMartin County, TX367 BBLs1,549 MCFJun 2025
Frances 12Martin County, TX26,251 BBLs150,088 MCFJun 2025
GulfMartin County, TX102 BBLs321 MCFJun 2025
HarrellMartin County, TX295 BBLs1,930 MCFJun 2025
HerzogMartin County, TX648 BBLs1,941 MCFJun 2025
JNM TrustMartin County, TX446 BBLs913 MCFJun 2025
KarglMartin County, TX0 BBLs0 MCFJun 2025
Marienfeld 13Martin County, TX22,958 BBLs134,061 MCFJun 2025
MillhollonMartin County, TX215 BBLs633 MCFJun 2025
Nada Mae 17Martin County, TX297 BBLs626 MCFJun 2025
Nettie 6Martin County, TX251 BBLs1,116 MCFJun 2025
Straub 7Martin County, TX625 BBLs4,271 MCFJun 2025
VLT Kimber Dangerous Game UnitMartin County, TX732 BBLs4,284 MCFJun 2025
VLT Kimber Hunter UnitMartin County, TX2,558 BBLs4,330 MCFJun 2025
VLT Kimber Open Range UnitMartin County, TX3,197 BBLs4,974 MCFJun 2025
VLT Rigby UnitMartin County, TX7,328 BBLs32,774 MCFJun 2025
VLT Ruger Hunter UnitMartin County, TX2,264 BBLs5,025 MCFJun 2025
VLT Ruger Magnum UnitMartin County, TX1,264 BBLs7,932 MCFMay 2025
VLT Ruger Predator UnitMartin County, TX1,474 BBLs1,210 MCFJun 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
2025CHEVRON U S A INCORPORATED MINVLT SHARPS UNITCHEVRON U.S.A. INC.
2025MILLHOLLON NETTIE EDU TSTVLT SHARPS UNITCHEVRON U.S.A. INC.
2025NIMROD PROPERTIES LLCVLT SHARPS UNITCHEVRON U.S.A. INC.
2025SANTA ELENA MINERALS IV LPVLT SHARPS UNITCHEVRON U.S.A. INC.
2025ROSSWELL LLCVLT SHARPS UNITCHEVRON U.S.A. INC.
2025BLOCKER NORMAN KVLT SHARPS UNITCHEVRON U.S.A. INC.
2025PIOTROWSKI JUDY LYNNVLT SHARPS UNITCHEVRON U.S.A. INC.
2025BLOCKER 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.