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VICTORY STATE B 54-14-19

Operated by TRP OPERATING LLC (P-5 872117) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 51047District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$53.6 M
Aug 2018 – May 2026
Value, last 12 filed months
$2.7 M
at the published price for each month
Months reported
94
no gaps in the span
Streams
2
oil, casinghead gas

The PHANTOM (WOLFCAMP) field

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 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 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 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “FOR THE FOLLOWING API 389-37515.”

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
OilDisposition694,371 bbl$42,029,083
Casinghead gasProduction3,414,126 Mcf$11,617,295
Total$53,646,378

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 31.5787, -103.6584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57873, -103.65838 · 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
10,679 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 10,679 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-38936623605H10,679 ftAug 2018——

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 (94)

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

94 months

May 20262,18016,163106.413.05$281,204
Apr 20262,13515,19298.932.87$254,812
Mar 20262,66918,87089.753.15$298,973
Feb 20262,54316,74963.503.75$224,295
Jan 20262,67318,70159.138.00$307,624
Dec 20252,90720,48456.664.41$255,114
Nov 20251,51919,94358.593.93$167,303
Oct 20251,822059.383.30$108,190
Sep 20251,88221,10862.743.08$183,024
Aug 20251,94222,67263.933.01$192,503
Jul 20252,06823,37266.743.32$215,501
Jun 20251,89122,09866.483.13$194,852
May 20252,11524,10760.553.23$205,985
Apr 20252,52024,10762.363.54$242,561
Mar 20252,08126,33267.704.27$253,277
Feb 20252,04022,65470.884.34$242,933
Jan 20252,42123,50174.324.28$280,482
Dec 20242,71022,52068.993.12$257,256
Nov 20242,55821,71369.052.20$224,365
Oct 20242,84924,66671.372.28$259,606
Sep 20243,07624,77569.612.36$272,697
Aug 20242,85024,10675.632.06$265,291
Jul 20242,83420,62379.932.15$270,791
Jun 20242,72320,92978.082.63$267,738
May 20242,25520,57278.812.20$222,943
Apr 20242,14020,70184.451.66$215,070
Mar 20241,98521,05380.301.55$191,925
Feb 20242,16321,09476.091.78$202,207
Jan 20242,53222,61873.023.30$259,473
Dec 20232,58823,37071.262.61$245,433
Nov 20232,68624,07177.892.81$276,793
Oct 20233,19926,25385.443.09$354,373
Sep 20232,83322,81089.042.74$314,637
Aug 20232,73322,85680.522.67$281,153
Jul 20232,71322,39074.852.64$262,218
Jun 20232,79921,17468.962.26$240,840
May 20233,52923,22470.622.23$300,947
Apr 20234,07724,39878.122.24$373,092
Mar 20234,30725,04572.852.39$373,702
Feb 20233,65720,73375.112.47$325,798
Jan 20234,06524,98176.533.39$395,723
Dec 20224,15224,66376.415.73$458,551
Nov 20224,31123,26085.005.65$497,766
Oct 20224,84726,56387.185.86$578,321
Sep 20225,02227,30484.888.16$649,168
Aug 20224,98128,20894.529.13$728,263
Jul 20224,97425,958101.587.54$701,036
Jun 20224,86127,686115.097.98$780,309
May 20225,40629,029109.378.43$836,057
Apr 20225,63529,171104.226.84$786,739
Mar 20225,51029,843108.885.08$751,424
Feb 20224,93126,22991.054.86$576,410
Jan 20226,26628,98481.844.54$644,330
Dec 20216,12531,89971.323.90$561,213
Nov 20216,32632,66977.435.24$660,905
Oct 20214,32135,54379.795.71$547,861
Sep 20215,20832,03969.865.35$535,269
Aug 20215,73433,68566.024.22$520,729
Jul 20215,73233,87770.783.98$540,612
Jun 20216,00538,01569.493.38$545,802
May 20216,25633,53863.483.02$498,338
Apr 20217,02737,07760.362.76$526,424
Mar 20217,40039,04961.302.72$559,714
Feb 20215,33029,05557.805.55$469,270
Jan 20216,55934,13750.412.81$426,573
Dec 20206,64729,61444.642.68$375,953
Nov 20206,43431,43138.772.71$334,516
Oct 20207,31634,87436.972.48$356,905
Sep 20206,98734,92737.091.99$328,689
Aug 20208,42438,24639.982.39$428,012
Jul 20208,69438,04738.371.83$403,029
Jun 20207,23732,57534.901.69$307,633
May 20205,31531,67416.921.81$147,410
Apr 20207,45436,11814.751.80$175,117
Mar 202012,04246,57530.341.86$451,808
Feb 202011,34644,58749.881.98$654,251
Jan 202012,68647,42257.252.09$825,610
Dec 201913,10946,38459.012.30$880,448
Nov 20199,50526,76755.302.75$599,254
Oct 201910,11947,61553.472.42$656,222
Sep 201912,26251,09955.052.66$810,807
Aug 201911,29850,18353.112.30$715,676
Jul 201913,77245,62756.272.46$887,196
Jun 20197,84836,81452.782.49$505,928
May 201916,01270,59158.482.74$1,129,824
Apr 201921,65764,67862.632.75$1,534,288
Mar 201918,37668,80756.803.06$1,254,451
Feb 201916,17154,38450.852.79$974,147
Jan 201925,65396,61846.033.23$1,492,708
Dec 201829,823107,14246.594.19$1,837,890
Nov 201835,227116,57052.934.24$2,358,500
Oct 201842,156161,91661.443.40$3,140,268
Sep 201837,303202,13459.543.11$2,849,253
Aug 201833,310100,49859.403.07$2,286,797

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                2,180 bbl  × $106.41 =   $231,974
Casinghead gas    16,163 Mcf  × $  3.05 =    $49,230

────────────────────────────────────────────────────
Month total                                 $281,204

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/51047 is the state's own key, not one this site invented.