PEREGRINE 27

Name: PEREGRINE 27 lease production and value, Nov 2012 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CENTENNIAL RESOURCE PROD, LLC (P-5 141077) in the WOLFBONE (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 43225District 08Field 98359800Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$45.1 M

Nov 2012 – Dec 2020

Value, last 12 filed months

$151 k

at the published price for each month

Months reported

no gaps in the span

Streams

oil, casinghead gas

The WOLFBONE (TREND AREA) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,266 leases and 2,377 wells, and the rule below applies to all of them.

Discovered

2010-11-30

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2015-04-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Oil	Disposition	727,175 bbl	$35,904,797
Casinghead gas	Production	3,213,674 Mcf	$9,150,563
Total			$45,055,360

Wells on this lease (9)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.3784, -103.4323. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.37783, -103.43182 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

9 of 9 wells

With a plug date

0.0%

0 of 9 wells

Median depth

11,765 ft

9 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

9100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Total depth in feet, 9 of 9 wells. Median 11,765 ft, with the middle half between 10,663 and 11,807 ft; the shallowest is 10,654 ft and the deepest 12,000 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, Jan 2013 – Feb 2015. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed

Jan 2013 – Feb 2015

9 of 9 wells

9 wells


42-38934608	9H	10,654 ft	Feb 2015	—	Yes
42-38934498	7H	10,659 ft	Jan 2015	—	Yes
42-38934503	8H	12,000 ft	Jan 2015	—	Yes
42-38934291	6H	10,663 ft	Dec 2014	—	Yes
42-38934210	5H	10,939 ft	Aug 2014	—	Yes
42-38933637	4	11,807 ft	Jul 2013	—	Yes
42-38933627	3	11,765 ft	Mar 2013	—	Yes
42-38933449	2	11,820 ft	Feb 2013	—	Yes
42-38933429	1	11,790 ft	Jan 2013	—	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (98)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

98 months


Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	1,163	0	16.92	1.81	$19,678
Apr 2020	3,929	0	14.75	1.80	$57,953
Mar 2020	2,189	610	30.34	1.86	$67,547
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	101	0	57.25	2.09	$5,782
Dec 2019	2,380	32,885	59.01	2.30	$216,223
Nov 2019	4,194	52,027	55.30	2.75	$375,039
Oct 2019	4,573	19,327	53.47	2.42	$291,261
Sep 2019	3,604	81,200	55.05	2.66	$414,171
Aug 2019	3,753	106,094	53.11	2.30	$443,801
Jul 2019	5,924	31,422	56.27	2.46	$410,643
Jun 2019	4,709	144,549	52.78	2.49	$608,641
May 2019	5,474	149,219	58.48	2.74	$729,027
Apr 2019	5,018	12,186	62.63	2.75	$347,797
Mar 2019	3,391	18,000	56.80	3.06	$247,727
Feb 2019	4,548	19,870	50.85	2.79	$286,747
Jan 2019	5,034	36,950	46.03	3.23	$350,996
Dec 2018	4,951	19,177	46.59	4.19	$310,931
Nov 2018	5,035	22,460	52.93	4.24	$361,671
Oct 2018	7,710	40,159	61.44	3.40	$610,166
Sep 2018	5,074	27,773	59.54	3.11	$388,424
Aug 2018	4,920	27,734	59.40	3.07	$377,296
Jul 2018	4,541	71,996	65.14	2.93	$506,884
Jun 2018	4,687	31,182	60.18	3.08	$378,008
May 2018	5,256	52,755	65.38	2.90	$496,669
Apr 2018	5,765	22,461	63.84	2.90	$433,192
Mar 2018	6,315	18,880	61.22	2.79	$439,220
Feb 2018	6,692	23,380	61.78	2.77	$478,104
Jan 2018	9,488	40,181	62.87	4.01	$757,609
Dec 2017	11,670	33,192	57.27	2.92	$765,312
Nov 2017	10,529	34,723	55.42	3.12	$691,796
Oct 2017	9,122	29,816	49.29	2.98	$538,585
Sep 2017	6,172	17,279	47.52	3.09	$346,639
Aug 2017	8,278	24,355	45.37	3.00	$448,745
Jul 2017	8,228	21,585	43.87	3.09	$427,601
Jun 2017	7,981	24,509	42.49	3.09	$414,779
May 2017	7,857	26,812	45.37	3.26	$443,970
Apr 2017	8,572	24,682	47.93	3.21	$490,125
Mar 2017	10,851	27,485	46.77	2.98	$589,508
Feb 2017	9,028	38,639	50.45	2.95	$569,548
Jan 2017	10,764	37,861	49.41	3.42	$661,288
Dec 2016	11,274	21,858	48.76	3.72	$631,094
Nov 2016	13,050	39,708	42.49	2.64	$659,496
Oct 2016	13,788	43,831	46.19	3.09	$772,317
Sep 2016	13,430	71,678	41.55	3.10	$780,263
Aug 2016	16,570	52,973	41.44	2.92	$841,572
Jul 2016	11,560	54,416	41.62	2.92	$640,258
Jun 2016	10,527	60,469	45.35	2.69	$639,809
May 2016	2,840	75,213	42.52	1.99	$270,509
Apr 2016	6,931	64,819	36.56	1.99	$382,455
Mar 2016	10,374	69,002	33.01	1.79	$466,236
Feb 2016	10,219	42,650	26.47	2.06	$358,511
Jan 2016	12,126	44,612	27.35	2.36	$437,125
Dec 2015	13,761	43,291	32.36	2.00	$531,949
Nov 2015	12,043	37,262	38.79	2.17	$547,907
Oct 2015	13,555	38,066	43.55	2.43	$682,690
Sep 2015	15,468	26,321	42.99	2.76	$737,574
Aug 2015	14,135	73,615	40.16	2.87	$779,120
Jul 2015	17,782	93,565	48.15	2.95	$1,131,760
Jun 2015	12,512	84,448	56.15	2.88	$946,001
May 2015	27,364	104,955	55.21	2.96	$1,820,956
Apr 2015	33,989	127,805	49.82	2.71	$2,039,245
Mar 2015	65,612	161,555	42.89	2.93	$3,288,216
Feb 2015	51,384	129,792	44.66	2.98	$2,681,095
Jan 2015	20,275	59,107	43.43	3.10	$1,063,812
Dec 2014	13,572	38,891	54.69	3.59	$881,924
Nov 2014	9,863	1,041	70.46	4.25	$699,373
Oct 2014	4,413	1,272	78.30	3.90	$350,500
Sep 2014	1,111	5,473	86.16	4.05	$117,864
Aug 2014	551	592	89.39	4.04	$51,643
Jul 2014	914	2,091	96.56	4.18	$96,995
Jun 2014	738	2,361	98.16	4.74	$83,626
May 2014	552	2,813	94.73	4.73	$65,587
Apr 2014	1,625	6,027	95.94	4.81	$184,887
Mar 2014	560	3,134	95.89	5.06	$69,546
Feb 2014	553	3,545	97.40	6.19	$75,813
Jan 2014	1,656	7,006	90.40	4.86	$183,757
Dec 2013	1,676	6,568	91.82	4.35	$182,491
Nov 2013	932	2,996	88.85	3.74	$94,008
Oct 2013	1,278	4,084	97.42	3.78	$139,938
Sep 2013	1,321	2,054	104.11	3.72	$145,166
Aug 2013	1,311	9,552	104.25	3.52	$170,320
Jul 2013	1,707	9,848	102.52	3.72	$211,614
Jun 2013	1,617	4,421	94.40	3.93	$170,034
May 2013	1,698	5,944	94.83	4.15	$185,683
Apr 2013	2,415	6,180	93.96	4.28	$253,380
Mar 2013	947	3,211	93.62	3.91	$101,222
Feb 2013	780	4,882	91.23	3.42	$87,855
Jan 2013	974	3,748	91.60	3.42	$102,036
Dec 2012	891	3,414	86.77	3.42	$88,989
Nov 2012	3,481	8,100	86.95	3.62	$332,035

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2020 — as filed, then multipliedworked

Oil                1,163 bbl  × $ 16.92 =    $19,678
Casinghead gas         0 Mcf  × $  1.81 =         $0

────────────────────────────────────────────────────
Month total                                  $19,678

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/43225 is the state's own key, not one this site invented.