PEAK VICTOR 78
PEAK VICTOR 78 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Nearburg Producing Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 70,233 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 $815K, with roughly $153K 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 185 barrels a month. Its strongest month on the record we hold was June 2016, at 377 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 78
- Who operates PEAK VICTOR 78?
- PEAK VICTOR 78 is operated by Nearburg Producing Company, Railroad Commission of Texas operator number 601738.
- Where is PEAK VICTOR 78?
- PEAK VICTOR 78 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42721.
- Is PEAK VICTOR 78 still producing?
- PEAK VICTOR 78 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEAK VICTOR 78 is August 2026.
- How much has PEAK VICTOR 78 produced?
- PEAK VICTOR 78 has reported 70,233 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 1 wellbore.
- How much is PEAK VICTOR 78 worth?
- The remaining production from PEAK VICTOR 78 is estimated to be worth about $815K in total as of 27 August 2026, within a range of $636K to $995K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEAK VICTOR 78 is a fraction of it. The estimate fits an Arps decline curve to the production PEAK VICTOR 78 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 78 is an estimate of value, not an offer and not an appraisal.
- How much income does PEAK VICTOR 78 generate in a year?
- PEAK VICTOR 78 is forecast to net about $153K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEAK VICTOR 78 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nearburg Producing Company |
|---|---|
| Field | Peak Victor (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 42721 |
| Wellbores | 1 |
| Reported production | 70,233 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $815K |
Where PEAK VICTOR 78 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.