VLT SAKO KODIAK UNIT
VLT SAKO KODIAK UNIT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 3 wellbores on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 759,042 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $3.5M, with roughly $2.4M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,223 barrels a month, about 1,074 per wellbore. Its strongest month on the record we hold was January 2020, at 27,817 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about VLT SAKO KODIAK UNIT
- Who operates VLT SAKO KODIAK UNIT?
- VLT SAKO KODIAK UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is VLT SAKO KODIAK UNIT?
- VLT SAKO KODIAK UNIT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52902.
- Is VLT SAKO KODIAK UNIT still producing?
- VLT SAKO KODIAK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VLT SAKO KODIAK UNIT is August 2026.
- How much has VLT SAKO KODIAK UNIT produced?
- VLT SAKO KODIAK UNIT has reported 759,042 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 3 wellbores.
- How much is VLT SAKO KODIAK UNIT worth?
- The remaining production from VLT SAKO KODIAK UNIT is estimated to be worth about $3.5M in total as of 26 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VLT SAKO KODIAK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production VLT SAKO KODIAK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VLT SAKO KODIAK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does VLT SAKO KODIAK UNIT generate in a year?
- VLT SAKO KODIAK UNIT is forecast to net about $2.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VLT SAKO KODIAK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 52902 |
| Wellbores | 3 |
| Reported production | 759,042 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where VLT SAKO KODIAK UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.