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Texas oil lease

Producing

VICTORY STATE G 54-14-19

Victory State G 54-14-19 is an oil lease in Reeves County, Texas, operated by TRP Operating LLC in the Phantom (Wolfcamp) field.

1 well

19,318bbl oil, last 12 months−26% vs prior year
Operator
TRP Operating LLC
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-52723

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
142,040 mcf
Oil in Jul 2026
1,513 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: TRP Operating LLC took over from Diamondback E&P LLC in Feb 2025.

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

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Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for VICTORY STATE G 54-14-19, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 19,318 bbl in the 12 months through Jul 2026, against 26,018 bbl in the 12 months before.Last 12 months: 19,318 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for VICTORY STATE G 54-14-19, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 19,318 bbl in the 12 months through Jul 2026, against 26,018 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of VICTORY STATE G 54-14-19 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2025: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of VICTORY STATE G 54-14-19 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Nov 25: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 134,986 mcf

  • Transmission line (2)

    9.4% · 14,977 mcf

  • Lease fuel (1)

    5.4% · 8,653 mcf

  • Flared (4)

    0.2% · 278 mcf

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

Who has run this lease

The operator changed once, most recently in Feb 2025

Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Jan 2025; TRP Operating LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Diamondback E&P LLCJan 2020 to Jan 2025TRP Operating LLCFeb 2025 to now
Operators of this lease over timeDiamondback E&P LLC, Jan 2020 to Jan 2025; TRP Operating LLC, Feb 2025 to Jul 20262020202120222023202420252026Changed Feb 2025Diamondback E&P LLCJan 2020 to Jan 2025TRP Operating LLCFeb 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on VICTORY STATE G 54-14-19
API numberWell no.Status
42-389-38057603HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Cr Permian Crude, LLCOilGathers50Dec 2, 2020–
Plains Marketing, L.p.OilGathers50Jul 8, 2019–
Vaquero Permian Processing LLCCasinghead gasBuys100Jul 8, 2019–
Vaquero Permian Processing LLCCasinghead gasGathers100Jul 8, 2019–
Caprock Permian Crude LLCOilGathers50Jul 8, 2019Dec 2, 2020

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

Who buys my oilOil price check

1,280 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 Victory State G 54-14-19
API numberWell no.Acreson the permit
42-389-38057603H1,280

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for VICTORY STATE G 54-14-19
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026TRP Operating1,5131,51510,69410,0190$80.46$2.89
Jun 2026TRP Operating1,4431,44310,3399,6690$84.81$3.15
May 2026TRP Operating1,6351,61811,03310,3060$102.13$2.94
Apr 2026TRP Operating8869099,3408,6150$100.32$2.77
Mar 2026TRP Operating1,6641,66514,09213,022278$91.38$3.04
Feb 2026TRP Operating1,2821,32312,92512,2410$64.51$3.62
Jan 2026TRP Operating1,6781,63712,18211,5530$60.04$7.72
Dec 2025TRP Operating1,7791,77414,52213,7470$57.97$4.26
Nov 2025TRP Operating1,8121,79514,97314,1840$60.06$3.79
Oct 2025TRP Operating1,8651,856000$60.89$3.19
Sep 2025TRP Operating1,9181,94015,72714,9770$63.96$2.97
Aug 2025TRP Operating1,8431,83516,21315,4840$64.86$2.91
Jul 2025TRP Operating1,8221,82716,85416,1460$68.39$3.20
Jun 2025TRP Operating1,8341,83616,19915,5590$68.17$3.02
May 2025TRP Operating1,9951,98718,39317,6600$62.17$3.12
Apr 2025TRP Operating1,6351,63721,23520,3910$63.54$3.42
Mar 2025TRP Operating1,9211,92314,90114,0850$68.24$4.12
Feb 2025TRP Operating2,1782,17315,10814,4220$71.53$4.19
Jan 2025Diamondback E&P2,4412,44615,99815,1900$75.74$4.13
Dec 2024Diamondback E&P2,1462,14011,91011,2130$70.12$3.01
Nov 2024Diamondback E&P2,2582,26212,23311,4290$69.95$2.12
Oct 2024Diamondback E&P2,5942,59214,64813,8490$71.99$2.20
Sep 2024Diamondback E&P2,4442,44614,38013,5690$70.24$2.28
Aug 2024Diamondback E&P2,7502,74915,43314,5430$76.68$1.99
Jul 2024Diamondback E&P2,6882,70014,27713,4460$81.80$2.07
Jun 2024Diamondback E&P2,3532,37014,80913,9690$79.77$2.54
May 2024Diamondback E&P2,6492,63815,91315,0830$80.02$2.12
Apr 2024Diamondback E&P2,7372,72915,27814,4480$85.35$1.60
Mar 2024Diamondback E&P2,8982,89615,82715,0060$81.28$1.49
Feb 2024Diamondback E&P2,8422,84615,81315,0430$77.25$1.72
Jan 2024Diamondback E&P2,9332,92617,37416,5440$74.15$3.18
Dec 2023Diamondback E&P2,9512,95817,80816,86583$71.90$2.52
Nov 2023Diamondback E&P2,8832,90518,13417,3010$77.69$2.71
Oct 2023Diamondback E&P2,8502,82017,81816,9680$85.64$2.98
Sep 2023Diamondback E&P3,2353,26418,50517,6810$89.43$2.64
Aug 2023Diamondback E&P3,5033,49317,92317,0440$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

OperatorTRP Operating LLCFieldPhantom (Wolfcamp)CountyReeves County

TRP Operating LLC in Reeves County

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Phantom (Wolfcamp) field

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