PEAK VICTOR 12
PEAK VICTOR 12 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Nearburg Producing Company. It has 2 wellbores on file with the Commission. Reported production runs from May 2010 to August 2026, totalling 85,316 barrels. 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 $351K, with roughly $62K 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 72 barrels a month, about 36 per wellbore. Its strongest month on the record we hold was May 2016, at 360 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PEAK VICTOR 12
- Who operates PEAK VICTOR 12?
- PEAK VICTOR 12 is operated by Nearburg Producing Company, Railroad Commission of Texas operator number 601738.
- Where is PEAK VICTOR 12?
- PEAK VICTOR 12 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40199.
- Is PEAK VICTOR 12 still producing?
- PEAK VICTOR 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEAK VICTOR 12 is August 2026.
- How much has PEAK VICTOR 12 produced?
- PEAK VICTOR 12 has reported 85,316 barrels of oil (bbl) to the Railroad Commission of Texas between May 2010 and August 2026, from 2 wellbores.
- How much is PEAK VICTOR 12 worth?
- The remaining production from PEAK VICTOR 12 is estimated to be worth about $351K in total as of 27 August 2026, within a range of $193K to $508K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEAK VICTOR 12 is a fraction of it. The estimate fits an Arps decline curve to the production PEAK VICTOR 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEAK VICTOR 12 is an estimate of value, not an offer and not an appraisal.
- How much income does PEAK VICTOR 12 generate in a year?
- PEAK VICTOR 12 is forecast to net about $62K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEAK VICTOR 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nearburg Producing Company |
|---|---|
| Field | PV Two (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 40199 |
| Wellbores | 2 |
| Reported production | 85,316 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $351K |
Where PEAK VICTOR 12 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.