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Texas oil lease

Producing

PEAK VICTOR 2-3

Peak Victor 2-3 is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the Peak Victor (Devonian) field.

1 well

84bbl oil, last 12 months−23% vs prior year
Operator
R3 Operating Corporation
County
Crane County
Field
Peak Victor (Devonian)
RRC lease
08-41238

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Oil in Jul 2026
2 bbl
Reporting since
Jan 2020

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).

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for PEAK VICTOR 2-3, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 84 bbl in the 12 months through Jul 2026, against 109 bbl in the 12 months before.Last 12 months: 84 bblbbl per monthmcf per month00320540860108013100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for PEAK VICTOR 2-3, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 84 bbl in the 12 months through Jul 2026, against 109 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00320540860108013100Jan 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 2-3 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 2-3 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.

1 well on this lease

Wells on PEAK VICTOR 2-3
API numberWell no.Status
42-103-358281Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100May 6, 2011
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

40 acres on the newest permit

Check your decimal on this lease
Permits for Peak Victor 2-3
API numberWell no.Acreson the permit
42-103-35828140

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

Unit decimal checker

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36 months, newest first

Ledger for PEAK VICTOR 2-3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating20000$80.46$2.89
Jun 2026R3 Operating20000$84.81$3.15
May 2026R3 Operating90000$102.13$2.94
Apr 2026R3 Operating70000$100.32$2.77
Mar 2026R3 Operating80000$91.38$3.04
Feb 2026R3 Operating70000$64.51$3.62
Jan 2026R3 Operating80000$60.04$7.72
Dec 2025R3 Operating90000$57.97$4.26
Nov 2025R3 Operating80000$60.06$3.79
Oct 2025R3 Operating80000$60.89$3.19
Sep 2025R3 Operating70000$63.96$2.97
Aug 2025R3 Operating90000$64.86$2.91
Jul 2025T2 Operating6168000$68.39$3.20
Jun 2025T2 Operating100000$68.17$3.02
May 2025T2 Operating100000$62.17$3.12
Apr 2025T2 Operating9048480$63.54$3.42
Mar 2025Boaz Energy10056560$68.24$4.12
Feb 2025Boaz Energy8051510$71.53$4.19
Jan 2025Boaz Energy11057570$75.74$4.13
Dec 2024Boaz Energy10068680$70.12$3.01
Nov 2024Boaz Energy11048480$69.95$2.12
Oct 2024Boaz Energy8042420$71.99$2.20
Sep 2024Boaz Energy7037370$70.24$2.28
Aug 2024Boaz Energy9038380$76.68$1.99
Jul 2024Boaz Energy8045450$81.80$2.07
Jun 2024Boaz Energy9040400$79.77$2.54
May 2024Boaz Energy8045450$80.02$2.12
Apr 2024Boaz Energy0045450$85.35$1.60
Mar 2024Boaz Energy0044440$81.28$1.49
Feb 2024Boaz Energy0039390$77.25$1.72
Jan 2024Boaz Energy5043430$74.15$3.18
Dec 2023Boaz Energy9045450$71.90$2.52
Nov 2023Boaz Energy417940400$77.69$2.71
Oct 2023Boaz Energy3035350$85.64$2.98
Sep 2023Boaz Energy4032320$89.43$2.64
Aug 2023Boaz Energy6039390$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 CorporationFieldPeak Victor (Devonian)CountyCrane County

R3 Operating Corporation in Crane County

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Peak Victor (Devonian) field

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