VICTORY STATE G 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 52723District 08Field 71052900Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$33.5 M
Jul 2019 – May 2026
Value, last 12 filed months
$2.0 M
at the published price for each month
Months reported
83
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 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
OilDisposition433,859 bbl$27,214,421
Casinghead gasProduction1,831,079 Mcf$6,248,732
Total$33,463,153

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, -103.6649. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.57875, -103.66489 · 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
10,612 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 10,612 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-38938057603H10,612 ftOct 2019

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 (83)

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

83 months

May 20261,61811,033106.413.05$205,776
Apr 20269099,34098.932.87$116,731
Mar 20261,66514,09289.753.15$193,816
Feb 20261,32312,92563.503.75$132,483
Jan 20261,63712,18259.138.00$194,226
Dec 20251,77414,52256.664.41$164,606
Nov 20251,79514,97358.593.93$163,960
Oct 20251,856059.383.30$110,209
Sep 20251,94015,72762.743.08$170,106
Aug 20251,83516,21363.933.01$166,190
Jul 20251,82716,85466.743.32$177,808
Jun 20251,83616,19966.483.13$172,739
May 20251,98718,39360.553.23$179,765
Apr 20251,63721,23562.363.54$177,321
Mar 20251,92314,90167.704.27$193,789
Feb 20252,17315,10870.884.34$219,604
Jan 20252,44615,99874.324.28$250,237
Dec 20242,14011,91068.993.12$184,814
Nov 20242,26212,23369.052.20$183,085
Oct 20242,59214,64871.372.28$218,409
Sep 20242,44614,38069.612.36$204,266
Aug 20242,74915,43375.632.06$239,755
Jul 20242,70014,27779.932.15$246,458
Jun 20242,37014,80978.082.63$224,056
May 20242,63815,91378.812.20$242,885
Apr 20242,72915,27884.451.66$255,813
Mar 20242,89615,82780.301.55$257,004
Feb 20242,84615,81376.091.78$244,757
Jan 20242,92617,37473.023.30$270,950
Dec 20232,95817,80871.262.61$257,279
Nov 20232,90518,13477.892.81$277,183
Oct 20232,82017,81885.443.09$295,950
Sep 20233,26418,50589.042.74$341,238
Aug 20233,49317,92380.522.67$329,162
Jul 20233,31116,02074.852.64$290,150
Jun 20233,54714,75468.962.26$277,923
May 20233,12218,74070.622.23$262,217
Apr 20233,18616,25978.122.24$285,274
Mar 20233,26316,38072.852.39$276,910
Feb 20232,86314,59875.112.47$251,034
Jan 20234,04018,02776.533.39$370,252
Dec 20223,95019,13476.415.73$411,440
Nov 20224,35618,82185.005.65$476,527
Oct 20224,71521,18487.185.86$535,272
Sep 20224,62420,31884.888.16$558,355
Aug 20224,01718,68494.529.13$550,219
Jul 20223,53218,669101.587.54$499,584
Jun 20223,62222,524115.097.98$596,534
May 20224,59922,442109.378.43$692,247
Apr 20224,96021,024104.226.84$660,685
Mar 20225,75223,087108.885.08$743,477
Feb 20224,94619,36191.054.86$544,405
Jan 20226,56921,30181.844.54$634,264
Dec 20218,72430,94171.323.90$742,838
Nov 20213,34513,78477.435.24$331,188
Oct 20213,79326,25779.795.71$452,673
Sep 20215,77329,86569.865.35$563,107
Aug 20215,74629,91766.024.22$505,618
Jul 20216,73131,72770.783.98$602,760
Jun 20216,25332,45269.493.38$544,229
May 20215,92729,01863.483.02$463,813
Apr 20217,33635,40360.362.76$540,457
Mar 20217,60935,85461.302.72$563,845
Feb 20214,59913,52857.805.55$340,875
Jan 20213,8945,00250.412.81$210,354
Dec 20207,38120,86144.642.68$385,301
Nov 20206,61118,70338.772.71$306,929
Oct 20205,40613,39636.972.48$233,061
Sep 20203,6044,84637.091.99$143,321
Aug 20204,8208,12539.982.39$212,083
Jul 20207,73222,51838.371.83$337,775
Jun 20206,98621,25634.901.69$279,741
May 20208,93223,22416.921.81$193,275
Apr 20206,48113,32614.751.80$119,640
Mar 20209,98318,52130.341.86$337,263
Feb 20209,94822,04649.881.98$539,872
Jan 202011,77722,75257.252.09$721,893
Dec 201913,93527,73759.012.30$886,220
Nov 201912,64533,66055.302.75$791,857
Oct 201912,51341,28053.472.42$768,907
Sep 201924,680108,20655.052.66$1,646,168
Aug 201932,817139,13553.112.30$2,063,528
Jul 201921,98988,63456.272.46$1,455,366

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                1,618 bbl  × $106.41 =   $172,171
Casinghead gas    11,033 Mcf  × $  3.05 =    $33,605

────────────────────────────────────────────────────
Month total                                 $205,776

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/52723 is the state's own key, not one this site invented.