PEAK VICTOR 77

Operated by R3 OPERATING CORPORATION (P-5 103624) in the PEAK VICTOR (DEVONIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 40197District 08Field 69922300OilCasinghead gasSaveExport
Value, all time
$23.9 M
May 2010 – May 2026
Value, last 12 filed months
$303 k
at the published price for each month
Months reported
193
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 18 leases and 25 wells, and the rule below applies to all of them.

Discovered
1988-10-09
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-08-21.

The Commission's schedule remark for this field reads: & ALLOCATION FORMULA 100% PER WELL.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition197,241 bbl$16,101,731
Casinghead gasProduction2,296,018 Mcf$7,785,988
Total$23,887,719

Wells on this lease (3)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.2853, -102.3933. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.28483, -102.39319 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
5,740 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
3100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 5,704 and 5,856 ft, median 5,740 ft, over the 3 wells that filed a depth.

Completions filed
Apr 2011 – Dec 2017
2 of 3 wells; 1 filed none

3 wells

42-1033570615,704 ft
42-1033583535,740 ftDec 2017
42-1033580025,856 ftApr 2011

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (193)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

193 months

May 2026287901106.413.05$33,284
Apr 202635074998.932.87$36,775
Mar 202633370389.753.15$32,101
Feb 2026181063.503.75$11,494
Jan 2026288059.138.00$17,029
Dec 2025329056.664.41$18,641
Nov 2025246058.593.93$14,413
Oct 202535374259.383.30$23,413
Sep 2025434062.743.08$27,229
Aug 2025533063.933.01$34,075
Jul 2025421066.743.32$28,098
Jun 2025404066.483.13$26,858
May 2025320060.553.23$19,376
Apr 20253151,22462.363.54$23,980
Mar 20253491,44867.704.27$29,808
Feb 20252861,32470.884.34$26,019
Jan 20252861,47774.324.28$27,575
Dec 20244911,97368.993.12$40,033
Nov 20243272,57669.052.20$28,243
Oct 20242262,27371.372.28$21,315
Sep 20244431,97169.612.36$35,497
Aug 20243262,01575.632.06$28,814
Jul 20243212,39279.932.15$30,792
Jun 20243352,14478.082.63$31,804
May 20243222,40378.812.20$30,660
Apr 20243302,39084.451.66$31,834
Mar 20243262,35880.301.55$29,821
Feb 20242172,11076.091.78$20,275
Jan 20243482,31473.023.30$33,042
Dec 20232302,42571.262.61$22,721
Nov 20233572,15977.892.81$33,868
Oct 20232421,89485.443.09$26,524
Sep 20231081,29389.042.74$13,153
Aug 202311161480.522.67$10,579
Jul 202313166574.852.64$11,562
Jun 20231331,60768.962.26$12,801
May 20231311,81070.622.23$13,283
Apr 20231331,79078.122.24$14,396
Mar 202301,77872.852.39$4,255
Feb 20231401,82175.112.47$15,005
Jan 202301,92776.533.39$6,528
Dec 20221402,51876.415.73$25,123
Nov 20222952,54685.005.65$39,450
Oct 20221392,84087.185.86$28,771
Sep 20221352,55784.888.16$32,333
Aug 20221412,69694.529.13$37,934
Jul 20222712,710101.587.54$47,967
Jun 20222662,642115.097.98$51,690
May 20221212,310109.378.43$32,714
Apr 20222302,091104.226.84$38,268
Mar 20222402,042108.885.08$36,497
Feb 202201,70191.054.86$8,265
Jan 20222461,41981.844.54$26,572
Dec 20211081,93671.323.90$15,251
Nov 20212411,78477.435.24$28,003
Oct 20211391,09179.795.71$17,325
Sep 202126395969.865.35$23,505
Aug 20212711,10366.024.22$22,547
Jul 20211391,05570.783.98$14,040
Jun 202126954869.493.38$20,545
May 202126376663.483.02$19,007
Apr 20211371,03460.362.76$11,122
Mar 20212821,57561.302.72$21,566
Feb 20211391,40557.805.55$15,829
Jan 20211311,73850.412.81$11,488
Dec 20202751,94944.642.68$17,490
Nov 20202821,55538.772.71$15,142
Oct 20202741,43336.972.48$13,681
Sep 20201411,29937.091.99$7,816
Aug 20202751,98839.982.39$15,736
Jul 20202712,54038.371.83$15,034
Jun 20203251,82634.901.69$14,429
May 20201771,09116.921.81$4,975
Apr 20201261,25114.751.80$4,116
Mar 20202621,86530.341.86$11,411
Feb 20202591,05849.881.98$15,014
Jan 20202652,66757.252.09$20,758
Dec 20192692,75159.012.30$22,213
Nov 20194072,75955.302.75$30,096
Oct 20192653,00053.472.42$21,425
Sep 20192592,95855.052.66$22,118
Aug 20192582,74353.112.30$20,023
Jul 20192694,52656.272.46$26,271
Jun 20193924,06752.782.49$30,821
May 20192683,64858.482.74$25,669
Apr 20192792,12462.632.75$23,316
Mar 20192723,09356.803.06$24,921
Feb 20192673,14550.852.79$22,358
Jan 20192774,78246.033.23$28,187
Dec 20184105,36946.594.19$41,574
Nov 20184005,35652.934.24$43,867
Oct 20182664,81461.443.40$32,701
Sep 20184024,53459.543.11$38,027
Aug 20184014,88559.403.07$38,800
Jul 20185296,65465.142.93$53,968
Jun 20185375,64060.183.08$49,670
May 20181305,92565.382.90$25,687
Apr 20182443,88763.842.90$26,852
Mar 201858012,72761.222.79$70,976
Feb 20182403,44061.782.77$24,343
Jan 20183764,97262.874.01$43,573
Dec 20173754,29357.272.92$34,018
Nov 20173705,67155.423.12$38,190
Oct 20173776,14949.292.98$36,929
Sep 20173875,97647.523.09$36,840
Aug 20174955,65545.373.00$39,448
Jul 20173596,15543.873.09$34,752
Jun 20174776,30142.493.09$39,721
May 20174727,03845.373.26$44,382
Apr 20174586,63147.933.21$43,248
Mar 20174586,62846.772.98$41,196
Feb 20175436,19050.452.95$45,671
Jan 20173975,85449.413.42$39,629
Dec 20165787,81448.763.72$57,273
Nov 20165758,73942.492.64$47,541
Oct 20165508,83846.193.09$52,716
Sep 20164638,47641.553.10$45,519
Aug 20166529,17241.442.92$53,841
Jul 20167559,53741.622.92$59,313
Jun 20165109,56445.352.69$48,816
May 201665410,08542.521.99$47,888
Apr 20166409,79336.561.99$42,897
Mar 201663810,40033.011.79$39,718
Feb 201665810,12126.472.06$38,303
Jan 201699711,53127.352.36$54,531
Dec 201564712,10632.362.00$45,166
Nov 201581612,47138.792.17$58,681
Oct 201579111,76443.552.43$62,994
Sep 201563210,69742.992.76$56,677
Aug 20156279,54140.162.87$52,587
Jul 201564612,64948.152.95$68,357
Jun 201582013,43756.152.88$84,780
May 201597514,52455.212.96$96,755
Apr 201562814,77349.822.71$71,271
Mar 20156448,04142.892.93$51,219
Feb 201599613,49044.662.98$84,630
Jan 20151,01613,85443.433.10$87,081
Dec 201467814,33054.693.59$88,544
Nov 20141,02115,84670.464.25$139,314
Oct 2014834078.303.90$65,302
Sep 201484615,97686.164.05$137,521
Aug 201457611,60289.394.04$98,304
Jul 20141506,59496.564.18$42,044
Jun 201446511,11698.164.74$98,300
May 201481017,51694.734.73$159,522
Apr 20141,06219,33995.944.81$194,892
Mar 20141,16721,26295.895.06$219,421
Feb 20141,01220,66297.406.19$226,508
Jan 20141,36925,28890.404.86$246,675
Dec 20131,53326,69991.824.35$257,020
Nov 20131,35523,53988.853.74$208,387
Oct 20131,56130,67097.423.78$267,986
Sep 20131,72428,861104.113.72$286,783
Aug 201383621,580104.253.52$163,171
Jul 20131,37522,559102.523.72$224,834
Jun 20131,16523,39194.403.93$201,982
May 20131,16223,83794.834.15$209,094
Apr 20131,37326,50893.964.28$242,530
Mar 20131,68529,23793.623.91$272,150
Feb 20131,54930,41491.233.42$245,328
Jan 20131,89335,06291.603.42$293,308
Dec 20122,01339,05786.773.42$308,249
Nov 20122,08237,80886.953.62$318,082
Oct 20122,20846,14789.383.40$354,236
Sep 20122,16844,23894.672.92$334,349
Aug 20122,39147,70392.662.91$360,278
Jul 20122,74858,79185.133.02$411,533
Jun 20122,23946,26279.822.52$295,253
May 20123,12366,40891.612.49$451,342
Apr 20125,58466,608101.652.00$700,616
Mar 20122,06280,757105.052.22$396,062
Feb 20124,34570,185101.102.57$619,672
Jan 20125,04566,25298.092.73$676,002
Dec 20116,40676,13196.873.24$867,194
Nov 20116,35776,76795.723.31$862,689
Oct 20117,21683,37684.983.65$917,416
Sep 20116,63268,85183.623.99$828,994
Aug 20117,08576,14283.404.15$906,827
Jul 20116,57046,98794.144.52$830,751
Jun 20117,09734,01192.904.64$817,118
May 20113,96611,87498.134.40$441,486
Apr 20113,24014,658105.964.33$406,828
Mar 20113,74814,07996.364.06$418,281
Feb 20113,71512,56585.644.18$370,674
Jan 20112,9717,74986.504.59$292,550
Dec 20102,8487,27585.734.35$275,789
Nov 20102,1406,19780.843.80$196,517
Oct 20102,4565,65178.103.51$211,642
Sep 20102,6685,61572.633.98$216,122
Aug 20103,3606,09573.684.42$274,501
Jul 20103,1705,00072.554.74$253,666
Jun 20102,4043,45270.364.91$186,096
May 201092982471.124.24$69,560

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                  287 bbl  × $106.41 =    $30,540
Casinghead gas       901 Mcf  × $  3.05 =     $2,744

────────────────────────────────────────────────────
Month total                                  $33,284

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/40197 is the state's own key, not one this site invented.