NORTH RACETRACK 62
NORTH RACETRACK 62 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by VTX Energy Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2025 to August 2026, totalling 29,576 barrels. The lease is intermittent. 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 $5.7M, with roughly $1.1M 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 1,186 barrels a month. Its strongest month on the record we hold was April 2026, at 8,305 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 NORTH RACETRACK 62
- Who operates NORTH RACETRACK 62?
- NORTH RACETRACK 62 is operated by VTX Energy Operating, LLC, Railroad Commission of Texas operator number 101377.
- Where is NORTH RACETRACK 62?
- NORTH RACETRACK 62 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 64542.
- Is NORTH RACETRACK 62 still producing?
- NORTH RACETRACK 62 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NORTH RACETRACK 62 is August 2026.
- How much has NORTH RACETRACK 62 produced?
- NORTH RACETRACK 62 has reported 29,576 barrels of oil (bbl) to the Railroad Commission of Texas between October 2025 and August 2026, from 1 wellbore.
- How much is NORTH RACETRACK 62 worth?
- The remaining production from NORTH RACETRACK 62 is estimated to be worth about $5.7M in total as of 27 August 2026, within a range of $4.7M to $6.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTH RACETRACK 62 is a fraction of it. The estimate fits an Arps decline curve to the production NORTH RACETRACK 62 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTH RACETRACK 62 is an estimate of value, not an offer and not an appraisal.
- How much income does NORTH RACETRACK 62 generate in a year?
- NORTH RACETRACK 62 is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORTH RACETRACK 62 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | VTX Energy Operating, LLC |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 64542 |
| Wellbores | 1 |
| Reported production | 29,576 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.7M |
Where NORTH RACETRACK 62 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.