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PEAK VICTOR 78

Peak Victor 78 is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the Peak Victor (Devonian) field.

1 well

2,306bbl oil, last 12 months+64% vs prior year
RRC lease
08-42721

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
3,961 mcf
Oil in Jul 2026
188 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 rose 64% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 64% over the last 12 monthsMonthly oil production and gas for PEAK VICTOR 78, Aug 2023 to Jul 2026. Oil output rose 64% over the last 12 months. 2,306 bbl in the 12 months through Jul 2026, against 1,408 bbl in the 12 months before.Last 12 months: 2,306 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 64% over the last 12 monthsMonthly oil production and gas for PEAK VICTOR 78, Aug 2023 to Jul 2026. Oil output rose 64% over the last 12 months. 2,306 bbl in the 12 months through Jul 2026, against 1,408 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 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 78 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 78 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 78
API numberWell no.Status
42-103-358361Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enterprise Crude Oil LLCOilGathers100Dec 15, 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).

99 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 78
API numberWell no.Acreson the permit
42-103-35836199

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

Estimate your royalty

36 months, newest first

Ledger for PEAK VICTOR 78
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating1881684324320$80.46$2.89
Jun 2026R3 Operating1861843543540$84.81$3.15
May 2026R3 Operating2022004164160$102.13$2.94
Apr 2026R3 Operating2082233973970$100.32$2.77
Mar 2026R3 Operating2132094244240$91.38$3.04
Feb 2026R3 Operating1291203463460$64.51$3.62
Jan 2026R3 Operating2012113583580$60.04$7.72
Dec 2025R3 Operating2072093653650$57.97$4.26
Nov 2025R3 Operating2001994344340$60.06$3.79
Oct 2025R3 Operating2021994354350$60.89$3.19
Sep 2025R3 Operating196191000$63.96$2.97
Aug 2025R3 Operating174179000$64.86$2.91
Jul 2025T2 Operating193195000$68.39$3.20
Jun 2025T2 Operating198179000$68.17$3.02
May 2025T2 Operating9698000$62.17$3.12
Apr 2025T2 Operating84862072070$63.54$3.42
Mar 2025Boaz Energy95952442440$68.24$4.12
Feb 2025Boaz Energy86812212210$71.53$4.19
Jan 2025Boaz Energy93982462460$75.74$4.13
Dec 2024Boaz Energy951023013010$70.12$3.01
Nov 2024Boaz Energy1141072412410$69.95$2.12
Oct 2024Boaz Energy1161152122120$71.99$2.20
Sep 2024Boaz Energy1141201841840$70.24$2.28
Aug 2024Boaz Energy1241341881880$76.68$1.99
Jul 2024Boaz Energy1251102242240$81.80$2.07
Jun 2024Boaz Energy1271302002000$79.77$2.54
May 2024Boaz Energy1271272252250$80.02$2.12
Apr 2024Boaz Energy1261352232230$85.35$1.60
Mar 2024Boaz Energy1291272202200$81.28$1.49
Feb 2024Boaz Energy1221091971970$77.25$1.72
Jan 2024Boaz Energy1281342162160$74.15$3.18
Dec 2023Boaz Energy1261352272270$71.90$2.52
Nov 2023Boaz Energy1221162022020$77.69$2.71
Oct 2023Boaz Energy1261271771770$85.64$2.98
Sep 2023Boaz Energy1131081611610$89.43$2.64
Aug 2023Boaz Energy1021011971970$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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