VICTORY -B-
VICTORY -B- is a Texas oil lease in Upshur County, Railroad Commission district 6E, operated by Gladewater Production Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 79,024 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 $893K, with roughly $203K 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 324 barrels a month, about 162 per wellbore. Its strongest month on the record we hold was April 2026, at 361 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 VICTORY -B-
- Who operates VICTORY -B-?
- VICTORY -B- is operated by Gladewater Production Co., Inc., Railroad Commission of Texas operator number 307610.
- Where is VICTORY -B-?
- VICTORY -B- is a Texas oil lease in Upshur County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 07813.
- Is VICTORY -B- still producing?
- VICTORY -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VICTORY -B- is August 2026.
- How much has VICTORY -B- produced?
- VICTORY -B- has reported 79,024 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is VICTORY -B- worth?
- The remaining production from VICTORY -B- is estimated to be worth about $893K in total as of 26 August 2026, within a range of $697K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VICTORY -B- is a fraction of it. The estimate fits an Arps decline curve to the production VICTORY -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VICTORY -B- is an estimate of value, not an offer and not an appraisal.
- How much income does VICTORY -B- generate in a year?
- VICTORY -B- is forecast to net about $203K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VICTORY -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gladewater Production Co., Inc. |
|---|---|
| Field | East Texas |
| County | Upshur County, Texas |
| RRC district | 6E |
| Lease number | 07813 |
| Wellbores | 2 |
| Reported production | 79,024 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $893K |
Where VICTORY -B- 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.