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Texas oil lease

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PEAK VICTOR 77

Peak Victor 77 is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the Peak Victor (Devonian) field.

3 wells

3,916bbl oil, last 12 months−7% vs prior year
RRC lease
08-40197

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
4,712 mcf
Oil in Jul 2026
342 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.

See why checks stop on this lease

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for PEAK VICTOR 77, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 3,916 bbl in the 12 months through Jul 2026, against 4,226 bbl in the 12 months before.Last 12 months: 3,916 bblbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for PEAK VICTOR 77, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 3,916 bbl in the 12 months through Jul 2026, against 4,226 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,0005005,000Jan 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 77 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 77 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.

3 wells on this lease

Wells on PEAK VICTOR 77
API numberWell no.Status
42-103-357061Active
42-103-358002Shut-in
42-103-358353Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100May 28, 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).

680.60 acres on the newest permit

Permits for Peak Victor 77
API numberWell no.Acreson the permit
42-103-358353680.60
42-103-358002680.60
42-103-357061680.60

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

Estimate your royalty

36 months, newest first

Ledger for PEAK VICTOR 77
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating3423549019010$80.46$2.89
Jun 2026R3 Operating3082767167160$84.81$3.15
May 2026R3 Operating3292879019010$102.13$2.94
Apr 2026R3 Operating3203507497490$100.32$2.77
Mar 2026R3 Operating3003337037030$91.38$3.04
Feb 2026R3 Operating211181000$64.51$3.62
Jan 2026R3 Operating279288000$60.04$7.72
Dec 2025R3 Operating324329000$57.97$4.26
Nov 2025R3 Operating286246000$60.06$3.79
Oct 2025R3 Operating3243537427420$60.89$3.19
Sep 2025R3 Operating438434000$63.96$2.97
Aug 2025R3 Operating455533000$64.86$2.91
Jul 2025T2 Operating461421000$68.39$3.20
Jun 2025T2 Operating424404000$68.17$3.02
May 2025T2 Operating332320000$62.17$3.12
Apr 2025T2 Operating2683151,2241,2240$63.54$3.42
Mar 2025Boaz Energy3193491,4481,4480$68.24$4.12
Feb 2025Boaz Energy3442861,3241,3240$71.53$4.19
Jan 2025Boaz Energy3262861,4771,4770$75.74$4.13
Dec 2024Boaz Energy3494911,9731,9730$70.12$3.01
Nov 2024Boaz Energy3653272,5762,5760$69.95$2.12
Oct 2024Boaz Energy2572262,2732,2730$71.99$2.20
Sep 2024Boaz Energy3054431,9711,9710$70.24$2.28
Aug 2024Boaz Energy4763262,0152,0150$76.68$1.99
Jul 2024Boaz Energy2883212,3922,3920$81.80$2.07
Jun 2024Boaz Energy3193352,1442,1440$79.77$2.54
May 2024Boaz Energy3403222,4032,4030$80.02$2.12
Apr 2024Boaz Energy3043302,3902,3900$85.35$1.60
Mar 2024Boaz Energy3063262,3582,3580$81.28$1.49
Feb 2024Boaz Energy2872172,1102,1100$77.25$1.72
Jan 2024Boaz Energy3133482,3142,3140$74.15$3.18
Dec 2023Boaz Energy2872302,4252,4250$71.90$2.52
Nov 2023Boaz Energy2743572,1592,1590$77.69$2.71
Oct 2023Boaz Energy1852421,8941,8940$85.64$2.98
Sep 2023Boaz Energy1891081,2931,2930$89.43$2.64
Aug 2023Boaz Energy1771116146140$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

R3 Operating Corporation in Crane County

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Peak Victor (Devonian) field

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