Texas oil lease
ProducingPEGGY 11
Peggy 11 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.
1 well
- Operator
- Diamondback E&P LLC
- County
- Midland County
- RRC lease
- 08-56223
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 24,737 mcf
- Oil in Jul 2026
- 1,859 bbl
Production by month
Oil output fell 51% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
98% of the gas went to a transmission line in the last 12 months
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 45,726 mcf
Lease fuel (1)
2.0% · 930 mcf
Who has run this lease
The operator changed once, most recently in Mar 2023
- Diamondback E&P LLC Mar 2023 to now
- Lario Oil & Gas Company Dec 2021 to Feb 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-44700 | 303 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 50 | Jun 15, 2021 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 50 | Jun 15, 2021 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Buys | 100 | Jun 15, 2021 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Gathers | 100 | Jun 15, 2021 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,283.90 acres on the newest permit
- Worth asking
A production sharing agreement well is on this lease
A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives your land.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-329-44700 | 303 | Mar 19, 2021 | Jun 15, 2021 | 1,283.90 |
What Diamondback Energy, Inc. told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.82 | −$2.15 | $18.56 | SEC filing |
| Q1 2026 | $73.47 | $0.18 | $16.68 | SEC filing |
| Q4 2025 | $58.00 | $0.03 | $13.51 | SEC filing |
| Q3 2025 | $64.60 | $0.75 | $17.28 | SEC filing |
| Q2 2025 | $63.23 | $0.88 | $18.13 | SEC filing |
| Q1 2025 | $70.95 | $2.11 | $23.94 | SEC filing |
SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Diamondback E&P | 1,859 | 1,832 | 5,862 | 5,620 | 0 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 976 | 982 | 2,440 | 2,321 | 0 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 690 | 678 | 90 | 84 | 0 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 332 | 311 | 22 | 20 | 0 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 0 | 61 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 212 | 197 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 912 | 935 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 1,679 | 1,699 | 9 | 9 | 0 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 2,262 | 2,239 | 2,484 | 2,450 | 0 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 2,424 | 2,398 | 1,057 | 1,041 | 0 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 1,387 | 1,418 | 4,744 | 4,678 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 2,229 | 2,246 | 8,029 | 7,915 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 3,698 | 3,667 | 4,650 | 4,581 | 0 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 1,657 | 1,681 | 4,763 | 4,680 | 0 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 2,850 | 2,875 | 12,506 | 12,327 | 0 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 2,841 | 2,821 | 11,403 | 11,210 | 0 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 2,651 | 2,679 | 6,566 | 6,478 | 0 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 2,847 | 2,806 | 8,826 | 8,750 | 0 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 3,039 | 3,006 | 11,329 | 11,246 | 0 | $75.74 | $4.13 |
| Dec 2024Diamondback E&P | 1,929 | 1,942 | 4,515 | 4,484 | 0 | $70.12 | $3.01 |
| Nov 2024Diamondback E&P | 2,805 | 2,800 | 6,187 | 6,005 | 138 | $69.95 | $2.12 |
| Oct 2024Diamondback E&P | 1,960 | 1,947 | 4,487 | 4,455 | 0 | $71.99 | $2.20 |
| Sep 2024Diamondback E&P | 1,798 | 1,814 | 4,745 | 4,708 | 0 | $70.24 | $2.28 |
| Aug 2024Diamondback E&P | 2,622 | 2,631 | 7,044 | 6,991 | 0 | $76.68 | $1.99 |
| Jul 2024Diamondback E&P | 3,036 | 3,013 | 6,707 | 6,654 | 0 | $81.80 | $2.07 |
| Jun 2024Diamondback E&P | 1,663 | 1,648 | 3,348 | 3,316 | 0 | $79.77 | $2.54 |
| May 2024Diamondback E&P | 1,255 | 1,282 | 3,766 | 3,661 | 0 | $80.02 | $2.12 |
| Apr 2024Diamondback E&P | 2,590 | 2,588 | 8,508 | 8,208 | 0 | $85.35 | $1.60 |
| Mar 2024Diamondback E&P | 3,491 | 3,570 | 4,947 | 4,637 | 0 | $81.28 | $1.49 |
| Feb 2024Diamondback E&P | 3,914 | 3,860 | 6,207 | 5,917 | 0 | $77.25 | $1.72 |
| Jan 2024Diamondback E&P | 3,936 | 3,936 | 10,753 | 10,479 | 24 | $74.15 | $3.18 |
| Dec 2023Diamondback E&P | 5,359 | 5,361 | 10,307 | 9,997 | 0 | $71.90 | $2.52 |
| Nov 2023Diamondback E&P | 4,936 | 4,903 | 11,506 | 11,206 | 0 | $77.69 | $2.71 |
| Oct 2023Diamondback E&P | 4,591 | 4,606 | 11,679 | 11,369 | 0 | $85.64 | $2.98 |
| Sep 2023Diamondback E&P | 5,396 | 5,389 | 11,214 | 10,862 | 52 | $89.43 | $2.64 |
| Aug 2023Diamondback E&P | 5,593 | 5,584 | 9,880 | 9,570 | 0 | $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
This lease belongs to
Diamondback E&P LLC in Midland County
- PEGGY 5
12,086 bbl
- CUMBERLAND WEST H
9,261 bbl
- WTH 16-21SL (ALLOC)
6,476 bbl
- WARFIELD WEST F
8,738 bbl
- LINE DRIVE P
11,055 bbl
- PATTON
12,757 bbl
- PEGGY 10
9,517 bbl
- CLARK 8
10,413 bbl
- LINE DRIVE F
1,908 bbl
- WTH 10-3 C1
10,487 bbl
Spraberry (Trend Area) field
- ROMAN
16,076 bbl
- CRAIG
15,032 bbl
- POWELL 1582CP
13,027 bbl
- CALVERLEY 43/6 C
15,074 bbl
- HAVERCROST 14
14,716 bbl
- EPLEY-SALE 39Q
9,997 bbl
- SAMSON UNIVERSITY "7"
14,310 bbl
- UL 1125 W1
7,731 bbl
- MABEE 240C X1
10,632 bbl
- SHACKELFORD 41I
8,293 bbl
Leases within 10 km
- PEGGY 10
9,517 bbl · 0 km
- PEGGY 9
13,909 bbl · 0 km
- PEGGY 13
118,378 bbl · 0.3 km
- PEGGY 12
46,926 bbl · 0.3 km
- PEGGY 14
23,183 bbl · 0.3 km
- COLEMAN, BEULAH
0 bbl · 0.3 km
- PEGGY 6
11,609 bbl · 0.4 km
- PEGGY 5
12,086 bbl · 0.5 km
- SSW UNIT 5
8,187 bbl · 0.5 km
- SUPER SOUTHWEST UNIT 5
2,834 bbl · 0.6 km
Drilling permits within 10 km
MCCLINTIC-TURNER 11J #110H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Midland County · 8.7 km
Permit 0917579 · Sep 25, 2026
PEGGY 20 N #U 2WB
new drill · horizontal · Diamondback E&P LLC · Midland County · 4.7 km
Permit 0917656 · Sep 11, 2026
DONALD L HUTT C #1149H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Midland County · 9.6 km
Permit 0917716 · Sep 9, 2026
DONALD L HUTT C #1152H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Midland County · 9.6 km
Permit 0917728 · Sep 9, 2026
PEGGY 20-17 P #3LS
new drill · horizontal · Diamondback E&P LLC · Midland County · 4.7 km
Permit 0917655 · Sep 9, 2026