VICTOR 1223V

Operated by BCP RESOURCES, LLC (P-5 40206) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21854District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$2.5 M
Jul 2022 – May 2026
Value, last 12 filed months
$417 k
at the published price for each month
Months reported
47
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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
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 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition27,262 bbl$2,079,942
Casinghead gasProduction127,695 Mcf$459,291
Total$2,539,234

Wells on this lease (2)

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 31.3505, -101.5684. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.35052, -101.56842 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
11,001 ft
2 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.
2100.0%

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

Between 10,950 and 11,052 ft, median 11,001 ft, over the 2 wells that filed a depth.

Completions filed
Nov 2014 – Dec 2014
2 of 2 wells

2 wells

42-38339118210,950 ftDec 2014
42-38339062111,052 ftNov 2014

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 (47)

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

47 months

May 20263745,172106.413.05$55,550
Apr 202610868998.932.87$12,662
Mar 20260089.753.15$0
Feb 202601,05063.503.75$3,938
Jan 20262323,89659.138.00$44,878
Dec 20254784,77956.664.41$48,175
Nov 20253674,79658.593.93$40,334
Oct 20255105,03259.383.30$46,914
Sep 20253583,33762.743.08$32,729
Aug 20255295,01463.933.01$48,935
Jul 20254304,46666.743.32$43,504
Jun 20254283,42066.483.13$39,154
May 20253502,17260.553.23$28,213
Apr 20255544,16962.363.54$49,319
Mar 20255644,38367.704.27$56,891
Feb 20257173,79370.884.34$67,286
Jan 20255504,15774.324.28$58,662
Dec 20241842,90568.993.12$21,762
Nov 20247148669.052.20$49,491
Oct 20248503,17471.372.28$67,906
Sep 20249043,81569.612.36$71,947
Aug 20249154,06375.632.06$77,586
Jul 20241,1863,84479.932.15$103,048
Jun 20247822,96378.082.63$68,863
May 20241,0762,44978.812.20$90,184
Apr 20246381,07284.451.66$55,658
Mar 20241,3011,74680.301.55$107,168
Feb 202448145976.091.78$37,418
Jan 202421715773.023.30$16,363
Dec 202323117671.262.61$16,921
Nov 202382963777.892.81$66,359
Oct 202388156285.443.09$77,008
Sep 202391962589.042.74$83,537
Aug 202311163380.522.67$10,630
Jul 20236414,21474.852.64$59,111
Jun 20236824,45768.962.26$57,097
May 20237464,49570.622.23$62,695
Apr 20232942,02878.122.24$27,505
Mar 20236783,21072.852.39$57,074
Feb 20235322,84575.112.47$46,973
Jan 20236753,24876.533.39$62,661
Dec 20229162,82576.415.73$86,176
Nov 20227173,54885.005.65$80,978
Oct 202236559087.185.86$35,280
Sep 20229331,58784.888.16$92,149
Aug 20223802,68994.529.13$60,461
Jul 20229352,268101.587.54$112,083

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                  374 bbl  × $106.41 =    $39,797
Casinghead gas     5,172 Mcf  × $  3.05 =    $15,753

────────────────────────────────────────────────────
Month total                                  $55,550

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. 7C/O/21854 is the state's own key, not one this site invented.