PEAK VICTOR 78

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 42721District 08Field 69922300OilCasinghead gasSaveExport
Value, all time
$7.5 M
Dec 2011 – May 2026
Value, last 12 filed months
$179 k
at the published price for each month
Months reported
174
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
OilDisposition70,216 bbl$5,864,585
Casinghead gasProduction471,823 Mcf$1,592,131
Total$7,456,717

Wells on this lease (1)

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 31.2757, -102.3893. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27573, -102.38932 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
5,755 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 5,755 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-1033583615,755 ftDec 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 (174)

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

174 months

May 2026200416106.413.05$22,549
Apr 202622339798.932.87$23,201
Mar 202620942489.753.15$20,093
Feb 202612034663.503.75$8,918
Jan 202621135859.138.00$15,340
Dec 202520936556.664.41$13,453
Nov 202519943458.593.93$13,363
Oct 202519943559.383.30$13,254
Sep 2025191062.743.08$11,983
Aug 2025179063.933.01$11,443
Jul 2025195066.743.32$13,014
Jun 2025179066.483.13$11,900
May 202598060.553.23$5,934
Apr 20258620762.363.54$6,096
Mar 20259524467.704.27$7,473
Feb 20258122170.884.34$6,701
Jan 20259824674.324.28$8,336
Dec 202410230168.993.12$7,977
Nov 202410724169.052.20$7,918
Oct 202411521271.372.28$8,691
Sep 202412018469.612.36$8,788
Aug 202413418875.632.06$10,522
Jul 202411022479.932.15$9,273
Jun 202413020078.082.63$10,677
May 202412722578.812.20$10,504
Apr 202413522384.451.66$11,771
Mar 202412722080.301.55$10,538
Feb 202410919776.091.78$8,645
Jan 202413421673.023.30$10,497
Dec 202313522771.262.61$10,213
Nov 202311620277.892.81$9,602
Oct 202312717785.443.09$11,397
Sep 202310816189.042.74$10,057
Aug 202310119780.522.67$8,659
Jul 20239118874.852.64$7,308
Jun 20239016968.962.26$6,588
May 20239819170.622.23$7,346
Apr 202310618878.122.24$8,701
Mar 202314118772.852.39$10,719
Feb 202314335775.112.47$11,621
Jan 202321739776.533.39$17,952
Dec 202213347376.415.73$12,872
Nov 202215947285.005.65$16,180
Oct 202214752687.185.86$15,900
Sep 202215447384.888.16$16,933
Aug 202215952494.529.13$19,811
Jul 2022126502101.587.54$16,585
Jun 2022143489115.097.98$20,359
May 2022157518109.378.43$21,539
Apr 2022192937104.226.84$26,417
Mar 20222521,654108.885.08$35,834
Feb 20222131,49391.054.86$26,648
Jan 20222461,43481.844.54$26,640
Dec 20212691,69771.323.90$25,802
Nov 20212331,30177.435.24$24,854
Oct 202117446779.795.71$16,552
Sep 20211601,19969.865.35$17,593
Aug 20211021,37966.024.22$12,554
Jul 20211331,31970.783.98$14,666
Jun 202111168569.493.38$10,029
May 20218595763.483.02$8,284
Apr 2021841,21860.362.76$8,430
Mar 2021791,46361.302.72$8,818
Feb 2021551,08657.805.55$9,204
Jan 2021841,61450.412.81$8,770
Dec 2020381,68444.642.68$6,202
Nov 20200038.772.71$0
Oct 202011568736.972.48$5,954
Sep 2020881,16337.091.99$5,580
Aug 2020441,65739.982.39$5,711
Jul 2020872,05938.371.83$7,096
Jun 20202131,51534.901.69$9,995
May 202002,08216.921.81$3,778
Apr 20201032,25714.751.80$5,592
Mar 20201432,00330.341.86$8,057
Feb 20201691,23149.881.98$10,868
Jan 20201582,36357.252.09$13,995
Dec 20191602,38859.012.30$14,944
Nov 20191102,39655.302.75$12,674
Oct 20191542,41253.472.42$14,068
Sep 20191152,55755.052.66$13,125
Aug 20191832,33253.112.30$15,093
Jul 20191503,91256.272.46$18,064
Jun 20191493,51652.782.49$16,623
May 20191533,15358.482.74$17,588
Apr 20191551,87962.632.75$14,876
Mar 20191462,92456.803.06$17,246
Feb 20191822,50850.852.79$16,258
Jan 20192393,36146.033.23$21,851
Dec 20182103,69046.594.19$25,228
Nov 20182603,68152.934.24$29,359
Oct 20182543,72061.443.40$28,247
Sep 20182523,85459.543.11$26,982
Aug 20182902,84059.403.07$25,935
Jul 20182534,01465.142.93$28,249
Jun 20182794,17460.183.08$29,633
May 20182864,43265.382.90$31,555
Apr 20182473,51463.842.90$25,962
Mar 20181421,07361.222.79$11,684
Feb 20181601,37761.782.77$13,694
Jan 20181971,98962.874.01$20,360
Dec 20171932,15057.272.92$17,334
Nov 20171872,92255.423.12$19,475
Oct 20171532,53749.292.98$15,111
Sep 20171972,46547.523.09$16,972
Aug 20172342,33345.373.00$17,626
Jul 20171522,53943.873.09$14,507
Jun 20172652,93942.493.09$20,333
May 20171583,28245.373.26$17,879
Apr 20172313,01147.933.21$20,742
Mar 20172353,11346.772.98$20,279
Feb 20172662,74950.452.95$21,536
Jan 20172472,95549.413.42$22,307
Dec 20162263,09948.763.72$22,557
Nov 20162183,12542.492.64$17,526
Oct 20162913,05346.193.09$22,876
Sep 20161833,01841.553.10$16,961
Aug 20163403,33941.442.92$23,854
Jul 20162863,77441.622.92$22,940
Jun 20163243,73145.352.69$24,714
May 20165646542.521.99$3,307
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016716727.352.36$586
Dec 20152855232.362.00$2,011
Nov 201513488338.792.17$7,112
Oct 20152513,26943.552.43$18,864
Sep 20152673,16642.992.76$20,211
Aug 20152643,88440.162.87$21,759
Jul 20152634,06348.152.95$24,629
Jun 20153064,17356.152.88$29,212
May 20153134,55055.212.96$30,728
Apr 20154564,44449.822.71$34,746
Mar 20153034,31942.892.93$25,671
Feb 20153163,90044.662.98$25,720
Jan 20154574,15543.433.10$32,731
Dec 20144664,75154.693.59$42,548
Nov 20144674,71470.464.25$52,948
Oct 2014400078.303.90$31,320
Sep 20144745,45986.164.05$62,924
Aug 20145265,69389.394.04$69,991
Jul 20144516,22696.564.18$69,571
Jun 20144495,75998.164.74$71,354
May 20145265,93694.734.73$77,885
Apr 20145666,19295.944.81$84,080
Mar 20145726,43095.895.06$87,364
Feb 20147026,24897.406.19$107,062
Jan 20148987,59890.404.86$118,111
Dec 20138687,28091.824.35$111,400
Nov 20136796,95288.853.74$86,318
Oct 20137628,96997.423.78$108,131
Sep 201382710,909104.113.72$126,656
Aug 20131,28913,194104.253.52$180,856
Jul 20137176,270102.523.72$96,817
Jun 20136155,36194.403.93$79,143
May 20137875,75194.834.15$98,493
Apr 20138975,50993.964.28$107,875
Mar 20131,0205,48793.623.91$116,962
Feb 20139164,90591.233.42$100,341
Jan 20131,2255,30591.603.42$130,353
Dec 20121,2185,80286.773.42$125,530
Nov 20121,3065,84886.953.62$134,755
Oct 20121,4616,62089.383.40$153,090
Sep 20121,3185,83994.672.92$141,816
Aug 20121,9407,04992.662.91$200,260
Jul 20121,7928,01985.133.02$176,777
Jun 20121,4726,23679.822.52$133,204
May 20122,3449,24691.612.49$237,741
Apr 20122,6458,123101.652.00$285,084
Mar 20123,0089,303105.052.22$336,662
Feb 20123,53111,849101.102.57$387,439
Jan 20125,70510,04398.092.73$587,062
Dec 20112,3415,18296.873.24$243,561

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                  200 bbl  × $106.41 =    $21,282
Casinghead gas       416 Mcf  × $  3.05 =     $1,267

────────────────────────────────────────────────────
Month total                                  $22,549

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/42721 is the state's own key, not one this site invented.