VICTORY
VICTORY is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Marathon Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from August 1998 to August 2026, totalling 16,561,383 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $445K, with roughly $77K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,720 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 13,995 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about VICTORY
- Who operates VICTORY?
- VICTORY is operated by Marathon Oil Company, Railroad Commission of Texas operator number 525380.
- Where is VICTORY?
- VICTORY is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 170353.
- Is VICTORY still producing?
- VICTORY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VICTORY is August 2026.
- How much has VICTORY produced?
- VICTORY has reported 16,561,383 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1998 and August 2026, from 1 wellbore.
- How much is VICTORY worth?
- The remaining production from VICTORY is estimated to be worth about $445K in total as of 26 August 2026, within a range of $369K to $521K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VICTORY is a fraction of it. The estimate fits an Arps decline curve to the production VICTORY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VICTORY is an estimate of value, not an offer and not an appraisal.
- How much income does VICTORY generate in a year?
- VICTORY is forecast to net about $77K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VICTORY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Marathon Oil Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 170353 |
| Wellbores | 1 |
| Reported production | 16,561,383 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $445K |
Where VICTORY sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.