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Texas oil lease

Producing

VICTOR 1223

Victor 1223 is an oil lease in Reagan County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) R 40 Exc field.

3 wells

2,598bbl oil, last 12 months−33% vs prior year
Operator
Civitas Permian Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
7C-18956

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
1,779 mcf
Oil in Jul 2026
351 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for VICTOR 1223, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 2,598 bbl in the 12 months through Jul 2026, against 3,863 bbl in the 12 months before.Last 12 months: 2,598 bblbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for VICTOR 1223, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 2,598 bbl in the 12 months through Jul 2026, against 3,863 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of VICTOR 1223 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 processing plant in the last 12 monthsShare of VICTOR 1223 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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 once, most recently in Dec 2023

Operators of this lease over timeHibernia Resources III, LLC, Jan 2020 to Nov 2023; Civitas Permian Operating, LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2023Hibernia Resources III, LLCJan 2020 to Nov 2023Civitas Permian Operating, LLCDec 2023 to now
Operators of this lease over timeHibernia Resources III, LLC, Jan 2020 to Nov 2023; Civitas Permian Operating, LLC, Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2023Hibernia Resources III, LLCJan 2020 to Nov 2023Civitas Permian Operating, LLCDec 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on VICTOR 1223
API numberWell no.Status
42-383-390621Active
42-383-391182Active
42-383-399944804HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lpc Crude Iii, LLCOilGathers50Dec 1, 2021–
Medallion Operating Company, LLCOilGathers50Jan 1, 2019–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Transoil Marketing, LLCOilGathers50Jan 1, 2019Dec 1, 2021
Transoil Marketing, LLCOilGathers100Nov 19, 2014Jan 1, 2019

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

Who buys my oilOil price check

644.40 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 640 and 644.4 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Victor 1223
API numberWell no.Acreson the permit
42-383-399944804H644.40
42-383-391182640
42-383-390621640

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

Unit decimal checker

What SM Energy Company told investors it received

Civitas Permian Operating, LLC is linked to SM Energy Company (CIVI).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q3 2025$65.24SEC filing
Q2 2025$63.87SEC filing
Q1 2025$70.90SEC filing
Q4 2024$69.96SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for VICTOR 1223
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Civitas Permian351362000$80.46$2.89
Jun 2026Civitas Permian470000$84.81$3.15
May 2026Civitas Permian352376000$102.13$2.94
Apr 2026Civitas Permian2761883833830$100.32$2.77
Mar 2026Civitas Permian322380000$91.38$3.04
Feb 2026Civitas Permian424563000$64.51$3.62
Jan 2026Civitas Permian340373000$60.04$7.72
Dec 2025Civitas Permian3203688678670$57.97$4.26
Nov 2025Civitas Permian1640000$60.06$3.79
Oct 2025Civitas Permian20000$60.89$3.19
Sep 2025Civitas Permian00000$63.96$2.97
Aug 2025Civitas Permian005295290$64.86$2.91
Jul 2025Civitas Permian5485451,5131,5130$68.39$3.20
Jun 2025Civitas Permian2361811,2131,2130$68.17$3.02
May 2025Civitas Permian222177000$62.17$3.12
Apr 2025Civitas Permian338352000$63.54$3.42
Mar 2025Civitas Permian4345555235230$68.24$4.12
Feb 2025Civitas Permian2511926486480$71.53$4.19
Jan 2025Civitas Permian2701881751750$75.74$4.13
Dec 2024Civitas Permian4245561,7501,7500$70.12$3.01
Nov 2024Civitas Permian1961901,8511,8510$69.95$2.12
Oct 2024Civitas Permian3373711,9701,9700$71.99$2.20
Sep 2024Civitas Permian2121832,0972,0970$70.24$2.28
Aug 2024Civitas Permian3953571,7311,7310$76.68$1.99
Jul 2024Civitas Permian3573572,5252,5250$81.80$2.07
Jun 2024Civitas Permian4895572,2792,2790$79.77$2.54
May 2024Civitas Permian6345432,4662,4660$80.02$2.12
Apr 2024Civitas Permian80000$85.35$1.60
Mar 2024Civitas Permian1431845555550$81.28$1.49
Feb 2024Civitas Permian2711901,7471,7470$77.25$1.72
Jan 2024Civitas Permian4194991,7551,7550$74.15$3.18
Dec 2023Civitas Permian3345312,4642,4640$71.90$2.52
Nov 2023Hibernia Resources4625752,3382,3380$77.69$2.71
Oct 2023Hibernia Resources7719154,7414,7410$85.64$2.98
Sep 2023Hibernia Resources1,2449262,5462,5460$89.43$2.64
Aug 2023Hibernia Resources00000$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

OperatorCivitas Permian Operating, LLCFieldSpraberry (Trend Area) R 40 ExcCountyReagan County

Civitas Permian Operating, LLC in Reagan County

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Spraberry (Trend Area) R 40 Exc field

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