SPEEDWAY 1-2
SPEEDWAY 1-2 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Vtx Energy Operating, Llc. It has 5 wellbores on file with the Commission. Reported production runs from January 2025 to August 2026, totalling 706,633 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $769K, with roughly $301K expected over the next twelve months.
| Operator | Vtx Energy Operating, Llc |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 63166 |
| Wellbores | 5 |
| Reported production | 706,633 bbl |
| First reported | January 2025 |
| Last reported | August 2026 |
| Estimated royalty value | $769K |
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.