VICTOR 1223V
VICTOR 1223V is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by BCP Resources, LLC. It has 2 wellbores on file with the Commission. Reported production runs from July 2022 to August 2026, totalling 27,714 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 $274K, with roughly $166K 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 320 barrels a month, about 160 per wellbore. Its strongest month on the record we hold was March 2024, at 1,306 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 VICTOR 1223V
- Who operates VICTOR 1223V?
- VICTOR 1223V is operated by BCP Resources, LLC, Railroad Commission of Texas operator number 040206.
- Where is VICTOR 1223V?
- VICTOR 1223V is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21854.
- Is VICTOR 1223V still producing?
- VICTOR 1223V is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VICTOR 1223V is August 2026.
- How much has VICTOR 1223V produced?
- VICTOR 1223V has reported 27,714 barrels of oil (bbl) to the Railroad Commission of Texas between July 2022 and August 2026, from 2 wellbores.
- How much is VICTOR 1223V worth?
- The remaining production from VICTOR 1223V is estimated to be worth about $274K in total as of 27 August 2026, within a range of $214K to $334K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VICTOR 1223V is a fraction of it. The estimate fits an Arps decline curve to the production VICTOR 1223V has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VICTOR 1223V is an estimate of value, not an offer and not an appraisal.
- How much income does VICTOR 1223V generate in a year?
- VICTOR 1223V is forecast to net about $166K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VICTOR 1223V receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BCP Resources, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 21854 |
| Wellbores | 2 |
| Reported production | 27,714 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $274K |
Where VICTOR 1223V 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.