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PEAK VICTOR 12

Peak Victor 12 is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the PV Two (Devonian) field.

2 wells

838bbl oil, last 12 months−27% vs prior year
Operator
R3 Operating Corporation
County
Crane County
Field
PV Two (Devonian)
RRC lease
08-40199

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
5,382 mcf
Oil in Jul 2026
96 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: R3 Operating Corporation took over from T2 Operating Corporation in Aug 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since May 30, 2026 (last P-5 filed May 27, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for PEAK VICTOR 12, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 838 bbl in the 12 months through Jul 2026, against 1,146 bbl in the 12 months before.Last 12 months: 838 bblbbl per monthmcf per month00502501005001507502001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 27% over the last 12 monthsMonthly oil production and gas for PEAK VICTOR 12, Aug 2023 to Jul 2026. Oil output fell 27% over the last 12 months. 838 bbl in the 12 months through Jul 2026, against 1,146 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502501005001507502001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of PEAK VICTOR 12 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of PEAK VICTOR 12 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Aug 2025

Operators of this lease over timeBoaz Energy II Operating, LLC, Jan 2020 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCJan 2020 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeBoaz Energy II Operating, LLC, Jan 2020 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCJan 2020 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PEAK VICTOR 12
API numberWell no.Status
42-103-357081Shut-in
42-103-358032Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100May 20, 2010
Targa Midstream Services LLCCasinghead gasBuys100Apr 1, 2015
Targa Midstream Services LLCCasinghead gasGathers100Apr 1, 2015

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

280 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Peak Victor 12
API numberWell no.Acreson the permit
42-103-358032280
42-103-357081280

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for PEAK VICTOR 12
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating9606136130$80.46$2.89
Jun 2026R3 Operating671255025020$84.81$3.15
May 2026R3 Operating8306386380$102.13$2.94
Apr 2026R3 Operating651305315310$100.32$2.77
Mar 2026R3 Operating7604514510$91.38$3.04
Feb 2026R3 Operating671193803800$64.51$3.62
Jan 2026R3 Operating4905085080$60.04$7.72
Dec 2025R3 Operating801225645640$57.97$4.26
Nov 2025R3 Operating671236236230$60.06$3.79
Oct 2025R3 Operating6505725720$60.89$3.19
Sep 2025R3 Operating69125000$63.96$2.97
Aug 2025R3 Operating540000$64.86$2.91
Jul 2025T2 Operating53162000$68.39$3.20
Jun 2025T2 Operating1050000$68.17$3.02
May 2025T2 Operating114167000$62.17$3.12
Apr 2025T2 Operating8206366360$63.54$3.42
Mar 2025Boaz Energy801707517510$68.24$4.12
Feb 2025Boaz Energy10206796790$71.53$4.19
Jan 2025Boaz Energy1201797577570$75.74$4.13
Dec 2024Boaz Energy971768288280$70.12$3.01
Nov 2024Boaz Energy10409639630$69.95$2.12
Oct 2024Boaz Energy1091748508500$71.99$2.20
Sep 2024Boaz Energy8907377370$70.24$2.28
Aug 2024Boaz Energy911637537530$76.68$1.99
Jul 2024Boaz Energy881728948940$81.80$2.07
Jun 2024Boaz Energy9708028020$79.77$2.54
May 2024Boaz Energy981638988980$80.02$2.12
Apr 2024Boaz Energy11208938930$85.35$1.60
Mar 2024Boaz Energy1041728818810$81.28$1.49
Feb 2024Boaz Energy871707897890$77.25$1.72
Jan 2024Boaz Energy9508658650$74.15$3.18
Dec 2023Boaz Energy1391919079070$71.90$2.52
Nov 2023Boaz Energy1441888078070$77.69$2.71
Oct 2023Boaz Energy6707087080$85.64$2.98
Sep 2023Boaz Energy8506456450$89.43$2.64
Aug 2023Boaz Energy1341897637630$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorR3 Operating CorporationFieldPV Two (Devonian)CountyCrane County

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