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Texas oil lease

Producing

PEEBLES UNIT

Peebles Unit is an oil lease in Fayette County, Texas, operated by Flat Land Oil & Gas, LLC in the Southern Bay (Eagle Ford) field.

1 well

1,089bbl oil, last 12 months−20% vs prior year
RRC lease
03-26094

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Where it sits

This county

Fayette CountyFayetteCaldwellBastropWashingtonBurlesonLeeAustinColoradoFayette County
Fayette County
Oil in Jul 2026
167 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Flat Land Oil & Gas, LLC took over from Sellers Lease Service, Inc. in Jan 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 20% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for PEEBLES UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 1,089 bbl in the 12 months through Jul 2026, against 1,365 bbl in the 12 months before.Last 12 months: 1,089 bblbbl per monthmcf per month0010020200403006040080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 20% over the last 12 monthsMonthly oil production and gas for PEEBLES UNIT, Aug 2023 to Jul 2026. Oil output fell 20% over the last 12 months. 1,089 bbl in the 12 months through Jul 2026, against 1,365 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010020200403006040080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of PEEBLES UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of PEEBLES UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 3 times, most recently in Jan 2026

Operators of this lease over timeEarthstone Operating, LLC, Jan 2020 to Dec 2020; Flatonia Energy, LLC, Jan 2021 to Apr 2021; Sellers Lease Service, Inc., May 2021 to Dec 2025; Flat Land Oil & Gas, LLC, Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2021Changed May 2021Changed Jan 2026Earthstone Operating, LLCJan 2020 to Dec 2020Flatonia Energy, LLCJan 2021 to Apr 2021Sellers Lease Service, Inc.May 2021 to Dec 2025Flat Land Oil & Gas, LLCJan 2026 to now
Operators of this lease over timeEarthstone Operating, LLC, Jan 2020 to Dec 2020; Flatonia Energy, LLC, Jan 2021 to Apr 2021; Sellers Lease Service, Inc., May 2021 to Dec 2025; Flat Land Oil & Gas, LLC, Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2021Changed May 2021Changed Jan 2026Earthstone Operating, LLCJan 2020 to Dec 2020Flatonia Energy, LLCJan 2021 to Apr 2021Sellers Lease Service, Inc.May 2021 to Dec 2025Flat Land Oil & Gas, LLCJan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PEEBLES UNIT
API numberWell no.Status
42-149-332281HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ngl Crude Assets and Mktg, LLCOilGathers100Aug 1, 2025–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Ngl Crude Logistics, LLCOilGathers100Jul 1, 2015Aug 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

940.28 acres on the newest permit

Permits for Peebles Unit
API numberWell no.Acreson the permit
42-149-332281H940.28

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for PEEBLES UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Flat Land167166000$80.46$2.89
Jun 2026Flat Land345188000$84.81$3.15
May 2026Flat Land0185000$102.13$2.94
Apr 2026Flat Land00000$100.32$2.77
Mar 2026Flat Land00000$91.38$3.04
Feb 2026Flat Land0119000$64.51$3.62
Jan 2026Flat Land00000$60.04$7.72
Dec 2025Sellers Lease850000$57.97$4.26
Nov 2025Sellers Lease138187000$60.06$3.79
Oct 2025Sellers Lease60177000$60.89$3.19
Sep 2025Sellers Lease1210000$63.96$2.97
Aug 2025Sellers Lease173187000$64.86$2.91
Jul 2025Sellers Lease108187000$68.39$3.20
Jun 2025Sellers Lease187186000$68.17$3.02
May 2025Sellers Lease1360000$62.17$3.12
Apr 2025Sellers Lease97188000$63.54$3.42
Mar 2025Sellers Lease880000$68.24$4.12
Feb 2025Sellers Lease103184000$71.53$4.19
Jan 2025Sellers Lease114180660$75.74$4.13
Dec 2024Sellers Lease250330$70.12$3.01
Nov 2024Sellers Lease12619213130$69.95$2.12
Oct 2024Sellers Lease1170000$71.99$2.20
Sep 2024Sellers Lease13519242420$70.24$2.28
Aug 2024Sellers Lease12919134340$76.68$1.99
Jul 2024Sellers Lease1630330$81.80$2.07
Jun 2024Sellers Lease21138325250$79.77$2.54
May 2024Sellers Lease175040400$80.02$2.12
Apr 2024Sellers Lease00000$85.35$1.60
Mar 2024Sellers Lease8419430300$81.28$1.49
Feb 2024Sellers Lease13818051510$77.25$1.72
Jan 2024Sellers Lease147040400$74.15$3.18
Dec 2023Sellers Lease144196000$71.90$2.52
Nov 2023Sellers Lease14819535350$77.69$2.71
Oct 2023Sellers Lease14219052520$85.64$2.98
Sep 2023Sellers Lease150051510$89.43$2.64
Aug 2023Sellers Lease15018247470$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Flat Land Oil & Gas, LLC in Fayette County

No other producing leases from this operator in this county are in our data yet.

Southern Bay (Eagle Ford) field

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