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PEGGY

Operated by DIAMONDBACK E&P LLC (P-5 217012) in the SPRABERRY (TREND AREA) R 40 EXC field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 47528District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$30.9 M
Oct 2015 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
128
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) R 40 EXC 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 581 leases and 1,079 wells, and the rule below applies to all of them.

Discovered
2013-12-18
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 80 acres. The field rule took effect on 2016-03-08.

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.

StreamBasisVolumeValue
OilDisposition493,088 bbl$25,110,773
Casinghead gasProduction1,779,136 Mcf$5,786,152
Total$30,896,925

Wells on this lease (1)

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 31.8691, -101.8641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86910, -101.86413 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
9,211 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
1100.0%

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

The one well that filed a depth was drilled to 9,211 ft.

Completions filed
Oct 2015
1 of 1 wells

1 well

42-32940423101WB9,211 ftOct 2015——

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 (128)

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

128 months

May 2026672410106.413.05$72,756
Apr 202626098.932.87$2,572
Mar 20265918,57889.753.15$80,058
Feb 20262145,73263.503.75$35,086
Jan 20261,20925,12859.138.00$272,460
Dec 20251,05011,60156.664.41$110,692
Nov 20251,39029,12358.593.93$195,790
Oct 20252946,93459.383.30$40,373
Sep 202575827,40962.743.08$131,892
Aug 202567235,05263.933.01$148,634
Jul 202584722,27766.743.32$130,381
Jun 20251,09830,41666.483.13$168,158
May 20251,71944,16360.553.23$246,834
Apr 20251,18129,88362.363.54$179,526
Mar 20251,65438,52667.704.27$276,417
Feb 20251,76729,30270.884.34$252,440
Jan 20255719,00474.324.28$80,962
Dec 20241,45623,42368.993.12$173,561
Nov 20242,08028,48769.052.20$206,251
Oct 20242,57534,64971.372.28$262,826
Sep 20241,72016,95369.612.36$159,812
Aug 20241,64125,00475.632.06$175,708
Jul 20241,69526,01679.932.15$191,327
Jun 20241,86423,88778.082.63$208,459
May 20241,17015,43078.812.20$126,130
Apr 20241,62625,31684.451.66$179,320
Mar 20241,81828,69980.301.55$190,329
Feb 20242,29325,58376.091.78$220,105
Jan 20241,89827,23873.023.30$228,414
Dec 20232,20220,38071.262.61$210,121
Nov 20231,64315,97577.892.81$172,824
Oct 20232,45917,05785.443.09$262,757
Sep 20232,20818,05289.042.74$245,973
Aug 20232,23817,79980.522.67$227,778
Jul 20232,44318,13074.852.64$230,754
Jun 20232,38517,42368.962.26$203,819
May 20232,79018,43470.622.23$238,090
Apr 20233,35317,47978.122.24$301,050
Mar 20232,58510,91472.852.39$214,436
Feb 20231,4393,64675.112.47$117,073
Jan 20232,21813,80076.533.39$216,494
Dec 20222,22412,78976.415.73$243,205
Nov 20221,4306,64485.005.65$159,063
Oct 20221,63810,43887.185.86$204,007
Sep 20221,27210,95584.888.16$197,400
Aug 20221,93522,16794.529.13$385,218
Jul 20221,54116,628101.587.54$281,944
Jun 20221,9912,625115.097.98$250,084
May 20222,19029,259109.378.43$486,263
Apr 20222,4902,372104.226.84$275,727
Mar 20222,6422,301108.885.08$299,342
Feb 20221,0192,61591.054.86$105,486
Jan 20222,3301,96581.844.54$199,604
Dec 20212,4441,27471.323.90$179,274
Nov 20212,3741,73477.435.24$192,900
Oct 20212,3633,44079.795.71$208,199
Sep 20212,02640169.865.35$143,682
Aug 20212,04629766.024.22$136,330
Jul 20211,4683,12570.783.98$116,349
Jun 20212,6384,42269.493.38$198,264
May 20212,7144,92163.483.02$187,135
Apr 20212,6745,22060.362.76$175,802
Mar 20212,6363,48861.302.72$171,063
Feb 20212,2761,37857.805.55$139,198
Jan 20213,35710,77450.412.81$199,504
Dec 20203,7677,49544.642.68$188,211
Nov 20204,60014,43638.772.71$217,414
Oct 20204,11714,43936.972.48$187,992
Sep 20204,31610,17337.091.99$180,335
Aug 20203,3627,15439.982.39$151,476
Jul 20203,6417,19538.371.83$152,837
Jun 20204,6578,12834.901.69$176,268
May 20202,8103,93616.921.81$54,688
Apr 20203,3305,57514.751.80$59,177
Mar 20203,9344,46730.341.86$127,649
Feb 20203,7273,74249.881.98$193,314
Jan 20203,3502,96657.252.09$198,001
Dec 20192,14769359.012.30$128,291
Nov 20192,2171,44755.302.75$126,580
Oct 20194,2463,21453.472.42$234,807
Sep 20191,30373055.052.66$73,670
Aug 20193,4333,30453.112.30$189,940
Jul 20193,2083,21756.272.46$188,428
Jun 20192,9792,89052.782.49$164,431
May 20193,2691,87058.482.74$196,296
Apr 20191,0541,25162.632.75$69,453
Mar 20194,10311,64856.803.06$268,718
Feb 20194,40312,57450.852.79$259,002
Jan 20195,19515,56946.033.23$289,385
Dec 20184,60414,85846.594.19$276,688
Nov 20184,90916,40152.934.24$329,328
Oct 20185,24518,19161.443.40$384,067
Sep 20184,26214,79759.543.11$299,749
Aug 20185,78021,04859.403.07$407,877
Jul 20186,09120,62465.142.93$457,235
Jun 20185,30715,31960.183.08$366,511
May 20189,95619,61865.382.90$707,831
Apr 20183,4342,43063.842.90$226,276
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201776042.493.09$3,229
May 20171,0238,55945.373.26$74,345
Apr 20176,80624,44047.933.21$404,703
Mar 20178,01826,64846.772.98$454,511
Feb 20178,03725,33950.452.95$480,283
Jan 20177,21926,24749.413.42$446,424
Dec 20167,55226,23648.763.72$465,908
Nov 20168,87627,04942.492.64$448,668
Oct 201610,98330,88746.193.09$602,754
Sep 201611,26728,07141.553.10$555,182
Aug 201614,46343,48341.442.92$726,506
Jul 201618,46547,75741.622.92$908,171
Jun 201624,11747,32745.352.69$1,220,818
May 201626,77736,89342.521.99$1,212,013
Apr 201620,47720,29236.561.99$789,041
Mar 201611,93513,90833.011.79$418,925
Feb 201641,62336,39626.472.06$1,176,869
Jan 201615,38813,66127.352.36$453,161
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0

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 2026 — as filed, then multipliedworked
Oil                  672 bbl  × $106.41 =    $71,508
Casinghead gas       410 Mcf  × $  3.05 =     $1,249

────────────────────────────────────────────────────
Month total                                  $72,756

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/47528 is the state's own key, not one this site invented.