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VICTORY STATE D 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 51131District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$31.5 M
Aug 2018 – May 2026
Value, last 12 filed months
$2.1 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
OilDisposition397,744 bbl$24,132,658
Casinghead gasProduction1,998,724 Mcf$7,350,542
Total$31,483,200

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 31.5789, -103.6547. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57893, -103.65467 · 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
10,970 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 10,970 ft.

Completions filed
Aug 2018
1 of 1 wells

1 well

42-38936634706H10,970 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 20261,6093,532106.413.05$181,972
Apr 20262,5729,57698.932.87$281,928
Mar 20267402,52289.753.15$74,358
Feb 20261,0705,20163.503.75$87,450
Jan 20261,94010,67059.138.00$200,050
Dec 20252,17310,87256.664.41$171,104
Nov 20252,0779,84658.593.93$160,351
Oct 20252,617059.383.30$155,397
Sep 20252,5389,71462.743.08$189,123
Aug 20252,74911,12263.933.01$209,274
Jul 20252,79812,48466.743.32$228,125
Jun 20252,3639,32066.483.13$186,252
May 20252,76911,36960.553.23$204,411
Apr 20253,07811,98662.363.54$234,412
Mar 20252,24410,42867.704.27$196,429
Feb 20251,54912,19470.884.34$162,725
Jan 20252,41813,19074.324.28$236,142
Dec 20242,01511,60268.993.12$175,229
Nov 20242,03013,58069.052.20$170,026
Oct 20241,91712,99971.372.28$166,472
Sep 20241,0729,38269.612.36$96,804
Aug 202491411,03475.632.06$91,896
Jul 202491511,14579.932.15$97,060
Jun 20241,0837,51678.082.63$104,358
May 20241,61811,35778.812.20$152,482
Apr 20241,98214,56984.451.66$191,553
Mar 20241,52511,66180.301.55$140,475
Feb 20241,93011,77076.091.78$167,847
Jan 20241,98413,16673.023.30$188,289
Dec 20231,81913,13071.262.61$163,901
Nov 20231,79912,28877.892.81$174,623
Oct 20231,71614,77685.443.09$192,233
Sep 20231,48315,25189.042.74$173,758
Aug 20231,49514,42680.522.67$158,936
Jul 20231,75314,77874.852.64$170,253
Jun 20231,54714,11368.962.26$138,555
May 20232,44422,30370.622.23$222,273
Apr 20232,50825,30178.122.24$252,543
Mar 20232,52026,63372.852.39$247,319
Feb 20232,34221,46075.112.47$228,821
Jan 20232,24919,59676.533.39$238,502
Dec 20221,75321,66176.415.73$258,044
Nov 20221,97724,70085.005.65$307,506
Oct 20222,37225,41687.185.86$355,824
Sep 20222,36026,32384.888.16$415,209
Aug 20222,39127,20994.529.13$474,338
Jul 20222,55028,182101.587.54$471,580
Jun 20222,51127,411115.097.98$507,654
May 20223,00428,390109.378.43$567,961
Apr 20223,33428,554104.226.84$542,710
Mar 20223,53629,985108.885.08$537,216
Feb 20222,97824,82391.054.86$391,758
Jan 20223,24122,44381.844.54$367,083
Dec 20213,39124,87871.323.90$338,848
Nov 20213,12726,88177.435.24$382,895
Oct 20212,20829,78079.795.71$346,335
Sep 20212,86825,58769.865.35$337,272
Aug 20216,05628,85566.024.22$521,602
Jul 20214,06331,42070.783.98$412,696
Jun 20212,74418,63869.493.38$253,689
May 20212,55311,45963.483.02$196,644
Apr 20213,37319,28660.362.76$256,793
Mar 20214,00426,35561.302.72$317,050
Feb 20215,08722,57057.805.55$419,246
Jan 20214,70025,34250.412.81$308,145
Dec 20204,57921,13144.642.68$260,942
Nov 20204,43926,83638.772.71$244,734
Oct 20205,17231,04436.972.48$268,149
Sep 20205,02528,36737.091.99$242,857
Aug 20204,90728,55239.982.39$264,281
Jul 20203,91215,27138.371.83$177,975
Jun 20204,69917,68734.901.69$193,892
May 20205,95922,00116.921.81$140,753
Apr 20204,65015,18114.751.80$95,980
Mar 20204,6698,88630.341.86$158,152
Feb 20204,0469,34249.881.98$220,318
Jan 20204,1938,21557.252.09$257,258
Dec 20195,59413,89659.012.30$362,123
Nov 20195,09016,07555.302.75$325,695
Oct 20195,52020,54353.472.42$344,838
Sep 20196,58623,29555.052.66$424,461
Aug 20197,50924,45953.112.30$455,165
Jul 20197,47425,81556.272.46$484,068
Jun 20199,82132,30352.782.49$598,826
May 201911,40337,85258.482.74$770,574
Apr 20198,64237,35062.632.75$643,987
Mar 20199,08641,12556.803.06$642,014
Feb 20197,70230,21550.852.79$476,014
Jan 201910,97644,39946.033.23$648,553
Dec 201811,41545,21446.594.19$721,065
Nov 201817,49561,85952.934.24$1,188,122
Oct 201824,83591,75461.443.40$1,837,650
Sep 201828,42482,65459.543.11$1,949,254
Aug 20187,77723,39359.403.07$533,690

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                1,609 bbl  × $106.41 =   $171,214
Casinghead gas     3,532 Mcf  × $  3.05 =    $10,758

────────────────────────────────────────────────────
Month total                                 $181,972

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/51131 is the state's own key, not one this site invented.