DPV 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 42954District 08Field 69922300OilCasinghead gasSaveExport
Value, all time
$3.9 M
Aug 2012 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
166
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
OilDisposition39,383 bbl$3,182,462
Casinghead gasProduction222,857 Mcf$765,078
Total$3,947,540

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 31.2710, -102.3850. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.27096, -102.38504 · 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
5,768 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 5,768 ft.

Completions filed
Aug 2012
1 of 1 wells

1 well

42-1033600015,768 ftAug 2012

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 (166)

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

166 months

May 2026114376106.413.05$13,276
Apr 202612936898.932.87$13,818
Mar 202612943389.753.15$12,941
Feb 20266335263.503.75$5,321
Jan 202610437759.138.00$9,165
Dec 20259433156.664.41$6,787
Nov 20258835858.593.93$6,562
Oct 202511240159.383.30$7,976
Sep 2025111062.743.08$6,964
Aug 2025114063.933.01$7,288
Jul 2025116066.743.32$7,742
Jun 202589066.483.13$5,917
May 202594060.553.23$5,692
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 202412632268.993.12$9,698
Nov 202413436169.052.20$10,046
Oct 202414331971.372.28$10,934
Sep 202415027669.612.36$11,094
Aug 202416728275.632.06$13,212
Jul 202413733579.932.15$11,670
Jun 202416230178.082.63$13,442
May 202415833778.812.20$13,193
Apr 202416933584.451.66$14,828
Mar 202415933080.301.55$13,278
Feb 202413629676.091.78$10,876
Jan 202416732473.023.30$13,263
Dec 202316934071.262.61$12,931
Nov 202314530377.892.81$12,145
Oct 202315926685.443.09$14,406
Sep 202313424289.042.74$12,593
Aug 202312629580.522.67$10,934
Jul 202311328374.852.64$9,206
Jun 202311225468.962.26$8,297
May 202312328670.622.23$9,323
Apr 202313328378.122.24$11,023
Mar 202316528172.852.39$12,693
Feb 202311928475.112.47$9,638
Jan 202318029876.533.39$14,785
Dec 202211135576.415.73$10,515
Nov 202213235485.005.65$13,219
Oct 202212239487.185.86$12,946
Sep 202212835584.888.16$13,763
Aug 202213239394.529.13$16,064
Jul 2022105376101.587.54$13,502
Jun 2022119367115.097.98$16,623
May 2022131388109.378.43$17,599
Apr 2022125418104.226.84$15,886
Mar 2022126388108.885.08$15,689
Feb 202210657091.054.86$12,421
Jan 202212365081.844.54$13,016
Dec 202113476971.323.90$12,555
Nov 202128346877.435.24$24,364
Oct 2021437379.795.71$3,848
Sep 202103769.865.35$198
Aug 202104266.024.22$177
Jul 202102470.783.98$96
Jun 20210669.493.38$20
May 20210563.483.02$15
Apr 202101360.362.76$36
Mar 20210061.302.72$0
Feb 202101457.805.55$78
Jan 202104650.412.81$129
Dec 20203044.642.68$134
Nov 20202838.772.71$99
Oct 202029036.972.48$1,072
Sep 20208827937.091.99$3,819
Aug 20204451039.982.39$2,976
Jul 20207560538.371.83$3,982
Jun 202017835434.901.69$6,811
May 2020048616.921.81$882
Apr 20208652714.751.80$2,219
Mar 202010943030.341.86$4,105
Feb 202012223149.881.98$6,543
Jan 202010592757.252.09$7,953
Dec 201910793759.012.30$8,473
Nov 20197993955.302.75$6,952
Oct 20191021,01753.472.42$7,914
Sep 2019771,00355.052.66$6,904
Aug 201912698953.112.30$8,971
Jul 20191001,53456.272.46$9,401
Jun 2019991,37952.782.49$8,661
May 20191021,23758.482.74$9,355
Apr 201911172062.632.75$8,932
Mar 20191171,01756.803.06$9,760
Feb 201914687250.852.79$9,859
Jan 20191351,14246.033.23$9,901
Dec 20181051,20046.594.19$9,914
Nov 20181331,19752.934.24$12,112
Oct 20181411,83861.443.40$14,909
Sep 20181381,92759.543.11$14,206
Aug 20181461,43059.403.07$13,058
Jul 20181372,16765.142.93$15,278
Jun 20181872,14160.183.08$17,841
May 20182352,08765.382.90$21,418
Apr 20183312,44263.842.90$28,215
Mar 20188602,89661.222.79$60,720
Feb 20188347261.782.77$6,433
Jan 20189960362.874.01$8,642
Dec 20179461157.272.92$7,168
Nov 20179467055.423.12$7,299
Oct 2017782,76849.292.98$12,103
Sep 2017912,69047.523.09$12,629
Aug 2017902,54645.373.00$11,733
Jul 2017622,77143.873.09$11,275
Jun 201711466242.493.09$6,888
May 20176874045.373.26$5,500
Apr 201710573447.933.21$7,390
Mar 20178474446.772.98$6,149
Feb 20179268050.452.95$6,649
Jan 201711667349.413.42$8,032
Dec 20168874948.763.72$7,079
Nov 20168581242.492.64$5,759
Oct 201610493646.193.09$7,696
Sep 20165874941.553.10$4,732
Aug 20169779341.442.92$6,339
Jul 20167681341.622.92$5,541
Jun 201610583745.352.69$7,010
May 20168971442.521.99$5,206
Apr 201610588736.561.99$5,605
Mar 20167195433.011.79$4,055
Feb 20161031,01626.472.06$4,823
Jan 20161301,01027.352.36$5,944
Dec 20151341,16732.362.00$6,672
Nov 20151451,22738.792.17$8,284
Oct 20151101,37843.552.43$8,134
Sep 2015991,05342.992.76$7,161
Aug 2015911,28540.162.87$7,346
Jul 2015961,19648.152.95$8,145
Jun 20151281,27356.152.88$10,857
May 20151341,25555.212.96$11,107
Apr 20151761,33349.822.71$12,376
Mar 20151121,28142.892.93$8,563
Feb 20151151,16144.662.98$8,591
Jan 20151781,39543.433.10$12,056
Dec 20141791,50454.693.59$15,191
Nov 20141751,40270.464.25$18,292
Oct 2014154078.303.90$12,058
Sep 20141661,78686.164.05$21,528
Aug 20141901,89489.394.04$24,627
Jul 20141791,68996.564.18$24,344
Jun 20141961,76198.164.74$27,581
May 20142371,91794.734.73$31,512
Apr 20142582,22595.944.81$35,453
Mar 20142462,29695.895.06$35,199
Feb 20142772,23197.406.19$40,794
Jan 20143392,50190.404.86$42,802
Dec 20133572,65991.824.35$44,358
Nov 20133292,38188.853.74$38,132
Oct 20134283,17997.423.78$53,710
Sep 20137023,385104.113.72$85,670
Aug 20135893,957104.253.52$75,342
Jul 20135903,757102.523.72$74,454
Jun 20135765,09394.403.93$74,407
May 20136465,93294.834.15$85,873
Apr 201323267193.964.28$24,672
Mar 20136565,55093.623.91$83,131
Feb 20137616,40491.233.42$91,327
Jan 20131,2248,34891.603.42$140,668
Dec 20121,45710,42586.773.42$162,079
Nov 20121,95911,67386.953.62$212,649
Oct 20122,87413,71289.383.40$303,495
Sep 20123,1198,86194.672.92$321,136
Aug 20124,7118,90692.662.91$462,421

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                  114 bbl  × $106.41 =    $12,131
Casinghead gas       376 Mcf  × $  3.05 =     $1,145

────────────────────────────────────────────────────
Month total                                  $13,276

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/42954 is the state's own key, not one this site invented.