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PEGGY 6

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 53521District 08Field 85280301Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$37.8 M
Apr 2018 – May 2026
Value, last 12 filed months
$1.1 M
at the published price for each month
Months reported
98
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
OilDisposition570,765 bbl$34,952,636
Casinghead gasProduction937,756 Mcf$2,895,364
Total$37,848,000

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 31.8658, -101.8773. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86584, -101.87727 · 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
8,927 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 8,927 ft.

Completions filed
Jan 2018
1 of 1 wells

1 well

42-329412814028,927 ftJan 2018——

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

May 20267631,368106.413.05$85,358
Apr 202673874298.932.87$75,140
Mar 20261,64477689.753.15$149,993
Feb 20265279263.503.75$6,272
Jan 2026506159.138.00$3,444
Dec 20253762,21656.664.41$31,084
Nov 20251,45011,28758.593.93$129,273
Oct 20251,63512,75859.383.30$139,249
Sep 20251,1376,84562.743.08$92,397
Aug 20251,5469,91263.933.01$128,718
Jul 20251,9256,05666.743.32$148,551
Jun 20251,0244,21966.483.13$81,276
May 20251,1584,01660.553.23$83,098
Apr 20251,2445,84462.363.54$98,282
Mar 20251,6905,06367.704.27$136,024
Feb 20251,1994,78870.884.34$105,769
Jan 20257963,34174.324.28$73,454
Dec 20242,2156,61368.993.12$173,454
Nov 20245911,08269.052.20$43,187
Oct 20249322,03171.372.28$71,150
Sep 20241,0042,10869.612.36$74,873
Aug 20241,05679075.632.06$81,496
Jul 20241,1602,52179.932.15$98,130
Jun 20241,7263,05578.082.63$142,813
May 20241,6263,77778.812.20$136,449
Apr 20242,0887,57484.451.66$188,898
Mar 20242,2889,04180.301.55$197,696
Feb 20242,2495,40576.091.78$180,767
Jan 20242,4266,00873.023.30$196,959
Dec 20232,59010,30871.262.61$211,475
Nov 20232,64913,96077.892.81$245,524
Oct 20233,35111,52785.443.09$321,897
Sep 20233,0496,96289.042.74$290,524
Aug 20233,70510,06980.522.67$325,240
Jul 20233,79410,36374.852.64$311,358
Jun 20234,0437,54568.962.26$295,846
May 20234,6598,88370.622.23$348,805
Apr 20234,4939,23278.122.24$371,652
Mar 20235,04410,98872.852.39$393,751
Feb 20233,5297,37775.112.47$283,253
Jan 20232,0342,03676.533.39$162,559
Dec 20222,1212,37676.415.73$175,678
Nov 20221,07069985.005.65$94,897
Oct 20224232,76987.185.86$53,114
Sep 202261659884.888.16$57,168
Aug 20224,4706,25294.529.13$479,567
Jul 20224,5195,488101.587.54$500,431
Jun 20223,8893,765115.097.98$477,619
May 20223,9494,509109.378.43$469,927
Apr 20224,4135,145104.226.84$495,102
Mar 20225,0383,952108.885.08$568,599
Feb 20224,4454,25391.054.86$425,382
Jan 20223,4356,70281.844.54$311,532
Dec 20211,4132,88671.323.90$112,028
Nov 20215,3052,74877.435.24$425,157
Oct 20219,1813,52579.795.71$752,693
Sep 20217,13043569.865.35$500,429
Aug 20214,0394066.024.22$266,824
Jul 20213,5756,84470.783.98$280,292
Jun 20214,05210,79869.493.38$318,077
May 20215,17310,78763.483.02$360,934
Apr 20215,91311,62060.362.76$388,962
Mar 20215,59911,04561.302.72$373,227
Feb 20213,3835,26057.805.55$224,720
Jan 20215,94510,29150.412.81$328,608
Dec 20205,0998,94344.642.68$251,546
Nov 20206,6684,35138.772.71$270,295
Oct 20204,68811,07136.972.48$200,754
Sep 20204,27512,18637.091.99$182,823
Aug 20205,94213,89139.982.39$270,693
Jul 20208,15114,42238.371.83$339,076
Jun 20209,65313,02734.901.69$358,909
May 20204,7627,97816.921.81$95,051
Apr 20206,25911,41814.751.80$112,923
Mar 20209,19313,56430.341.86$304,094
Feb 20209,38213,00149.881.98$493,725
Jan 202010,64413,24557.252.09$637,114
Dec 201911,33512,64259.012.30$698,010
Nov 201910,7838,38555.302.75$619,365
Oct 20193,26495953.472.42$176,845
Sep 20194,4094,43055.052.66$254,487
Aug 20194,5304,97653.112.30$252,055
Jul 20194,5423,47156.272.46$264,117
Jun 20197,77517,42152.782.49$453,764
May 201912,09824,57458.482.74$774,832
Apr 201912,81425,48162.632.75$872,631
Mar 201913,16023,90556.803.06$820,688
Feb 201913,08221,60750.852.79$725,551
Jan 201916,10128,02846.033.23$831,608
Dec 201817,29928,37146.594.19$924,706
Nov 201816,05127,77852.934.24$967,281
Oct 201817,90326,33961.443.40$1,189,462
Sep 201818,81929,02459.543.11$1,210,690
Aug 201821,76932,57959.403.07$1,392,984
Jul 201822,89131,76065.142.93$1,584,236
Jun 201824,66230,62460.183.08$1,578,387
May 201826,40930,61265.382.90$1,815,420
Apr 201826,52925,56763.842.90$1,767,776

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                  763 bbl  × $106.41 =    $81,191
Casinghead gas     1,368 Mcf  × $  3.05 =     $4,167

────────────────────────────────────────────────────
Month total                                  $85,358

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/53521 is the state's own key, not one this site invented.