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Texas oil lease

Producing

VICTOR 1223V

Victor 1223V is an oil lease in Reagan County, Texas, operated by BCP Resources, LLC in the Spraberry (Trend Area) field.

Oil lease dossier

3,690bbl oil, last 12 months−49% vs prior year
RRC lease
7C-21854

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
35,464 mcf
Oil in Jul 2026
332 bbl

Production by month

Oil output fell 49% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for VICTOR 1223V, Aug 2023 to Jul 2026. Oil output fell 49% over the last 12 months. 3,690 bbl in the 12 months through Jul 2026, against 7,269 bbl in the 12 months before.Last 12 months: 3,690 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 49% over the last 12 monthsMonthly oil production and gas for VICTOR 1223V, Aug 2023 to Jul 2026. Oil output fell 49% over the last 12 months. 3,690 bbl in the 12 months through Jul 2026, against 7,269 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of VICTOR 1223V gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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
Over 99% of the gas went to a processing plant in the last 12 monthsShare of VICTOR 1223V gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% 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.

  • Processing plant (3)

    100% · 43,265 mcf

  • Flared (4)

    0.2% · 85 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Lpc Crude Iii, LLCOilGathers100Jul 1, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jul 1, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jul 1, 2022

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

640 acres on the newest permit

Permits for Victor 1223V
API numberWell no.Acreson the permit
42-383-391182640
42-383-390621640

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

Estimate your royalty

36 months, newest first

Ledger for VICTOR 1223V
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026332359000$80.46$2.89
Jun 20261712681,6991,6990$84.81$3.15
May 20265313745,1725,1720$102.13$2.94
Apr 20261881086896890$100.32$2.77
Mar 202600000$91.38$3.04
Feb 2026001,0501,0500$64.51$3.62
Jan 20262582323,8963,8960$60.04$7.72
Dec 20254224784,7794,7790$57.97$4.26
Nov 20254083674,7964,7960$60.06$3.79
Oct 20254775105,0325,0320$60.89$3.19
Sep 20253953583,3373,3370$63.96$2.97
Aug 20255085295,0144,92985$64.86$2.91
Jul 20254784304,4664,4660$68.39$3.20
Jun 20254184283,4203,4200$68.17$3.02
May 20252923502,1722,1720$62.17$3.12
Apr 20255845544,1694,11554$63.54$3.42
Mar 20255955644,3834,3830$68.24$4.12
Feb 20256717173,7933,78112$71.53$4.19
Jan 20256685504,1574,1570$75.74$4.13
Dec 20241351842,9052,9050$70.12$3.01
Nov 202476371486860$69.95$2.12
Oct 20247988503,1743,1740$71.99$2.20
Sep 20248519043,8153,8150$70.24$2.28
Aug 20241,0169154,0634,0630$76.68$1.99
Jul 20241,1021,1863,8443,8440$81.80$2.07
Jun 20248597822,9632,9630$79.77$2.54
May 20241,0871,0762,4492,4490$80.02$2.12
Apr 20245316381,0721,0720$85.35$1.60
Mar 20241,3061,3011,7461,7460$81.28$1.49
Feb 20245724814594590$77.25$1.72
Jan 20242192171571570$74.15$3.18
Dec 2023942311761760$71.90$2.52
Nov 20239618296376370$77.69$2.71
Oct 20237918815625620$85.64$2.98
Sep 20231,0199196256250$89.43$2.64
Aug 20231021116336330$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

BCP Resources, LLC in Reagan County

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Spraberry (Trend Area) field

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New drilling permits in Reagan County

Newest in the county: this lease has no coordinates.