PEGGY 13

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

Oil lease lease 58237District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$77.0 M
Jun 2022 – May 2026
Value, last 12 filed months
$10.1 M
at the published price for each month
Months reported
48
no gaps in the span
Streams
2
oil, casinghead gas

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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
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 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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
OilDisposition930,802 bbl$69,943,519
Casinghead gasProduction2,393,498 Mcf$7,028,553
Total$76,972,072

Wells on this lease (3)

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 31.8677, -101.8703. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.86763, -101.87052 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
8,917 ft
3 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.
3100.0%

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

Between 8,399 and 9,294 ft, median 8,917 ft, over the 3 wells that filed a depth.

Completions filed
Dec 2022 – Feb 2023
3 of 3 wells

3 wells

42-329453502048,917 ftFeb 2023
42-329455432068,399 ftFeb 2023
42-329453492039,294 ftDec 2022

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 (48)

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

48 months

May 20268,26721,619106.413.05$945,539
Apr 20268,96817,67798.932.87$937,932
Mar 202612,46128,27189.753.15$1,207,413
Feb 20261,9978,13263.503.75$157,307
Jan 20268,58628,93059.138.00$739,070
Dec 202510,29654,05056.664.41$821,913
Nov 20259,36241,80158.593.93$712,649
Oct 202510,54258,49359.383.30$819,294
Sep 202512,54445,82062.743.08$927,995
Aug 202513,81261,50363.933.01$1,068,418
Jul 202511,57754,30066.743.32$952,664
Jun 20259,91339,64066.483.13$783,039
May 202510,58539,64160.553.23$769,054
Apr 202510,54534,53762.363.54$779,955
Mar 202512,24458,70467.704.27$1,079,486
Feb 202512,38568,13670.884.34$1,173,616
Jan 202514,57783,51274.324.28$1,440,684
Dec 202417,99780,78968.993.12$1,493,785
Nov 202416,69854,66669.052.20$1,273,177
Oct 202414,17549,73571.372.28$1,125,135
Sep 202418,38870,41869.612.36$1,446,482
Aug 202420,34574,27275.632.06$1,691,962
Jul 202423,07976,08379.932.15$2,008,023
Jun 202416,15053,35178.082.63$1,401,517
May 202417,36568,79178.812.20$1,519,769
Apr 202420,27765,70184.451.66$1,821,404
Mar 202422,14062,95980.301.55$1,875,122
Feb 202417,69045,75676.091.78$1,427,644
Jan 202423,00363,00173.023.30$1,887,435
Dec 202328,26276,18571.262.61$2,212,848
Nov 202328,09681,89477.892.81$2,418,320
Oct 202333,89866,36285.443.09$3,101,123
Sep 202332,01662,92289.042.74$3,022,799
Aug 202337,76373,95980.522.67$3,238,360
Jul 202342,78873,35874.852.64$3,396,479
Jun 202345,14971,00468.962.26$3,273,836
May 202354,04282,39170.622.23$3,999,964
Apr 202358,95388,91878.122.24$4,804,386
Mar 202369,168106,78672.852.39$5,294,445
Feb 202325,25829,10475.112.47$1,968,890
Jan 202311,92619,33276.533.39$978,188
Dec 202225,02931,70276.415.73$2,094,089
Nov 202227,92416,19885.005.65$2,464,997
Oct 20224,5623,09587.185.86$415,864
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$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                8,267 bbl  × $106.41 =   $879,691
Casinghead gas    21,619 Mcf  × $  3.05 =    $65,848

────────────────────────────────────────────────────
Month total                                 $945,539

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/58237 is the state's own key, not one this site invented.