Texas oil lease
ProducingPEGGY 14
Peggy 14 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
- 08-58238
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 76,461 mcf
- Oil in Jul 2026
- 2,737 bbl
Production by month
Oil output fell 40% 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% · 84,228 mcf
Lease fuel (1)
2.2% · 1,918 mcf
Flared (4)
0.0% · 24 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 Oct 2022 to Feb 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-45542 | 205 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 50 | Oct 27, 2022 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 50 | Oct 27, 2022 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Buys | 100 | Oct 27, 2022 |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Gathers | 100 | Oct 27, 2022 |
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 |
|---|---|---|---|---|
| 42-329-45542 | 205 | Apr 22, 2022 | Oct 27, 2022 | 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 | 2,737 | 2,709 | 5,614 | 5,383 | 0 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 1,878 | 1,893 | 4,400 | 4,185 | 0 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 1,415 | 1,487 | 2,342 | 2,178 | 0 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 2,212 | 2,073 | 2,835 | 2,583 | 24 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 0 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 0 | 32 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 629 | 706 | 3,950 | 3,862 | 0 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 2,644 | 2,647 | 16,081 | 15,826 | 0 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 2,846 | 2,827 | 21,018 | 20,728 | 0 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 3,413 | 3,387 | 8,249 | 8,126 | 0 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 2,341 | 2,372 | 5,256 | 5,183 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 3,068 | 3,052 | 6,716 | 6,620 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 3,463 | 3,450 | 5,526 | 5,444 | 0 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 2,017 | 2,034 | 4,183 | 4,110 | 0 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 3,002 | 3,024 | 6,968 | 6,868 | 0 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 2,887 | 2,885 | 6,780 | 6,665 | 0 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 3,283 | 3,298 | 8,065 | 7,957 | 0 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 3,007 | 2,965 | 8,431 | 8,358 | 0 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 3,296 | 3,293 | 11,270 | 11,188 | 0 | $75.74 | $4.13 |
| Dec 2024Diamondback E&P | 3,648 | 3,649 | 9,409 | 9,344 | 0 | $70.12 | $3.01 |
| Nov 2024Diamondback E&P | 4,047 | 4,022 | 4,363 | 4,235 | 97 | $69.95 | $2.12 |
| Oct 2024Diamondback E&P | 2,129 | 2,150 | 3,636 | 3,610 | 0 | $71.99 | $2.20 |
| Sep 2024Diamondback E&P | 3,755 | 3,762 | 6,765 | 6,712 | 0 | $70.24 | $2.28 |
| Aug 2024Diamondback E&P | 4,134 | 4,141 | 7,820 | 7,761 | 0 | $76.68 | $1.99 |
| Jul 2024Diamondback E&P | 4,412 | 4,417 | 7,923 | 7,860 | 0 | $81.80 | $2.07 |
| Jun 2024Diamondback E&P | 4,193 | 4,178 | 7,999 | 7,923 | 0 | $79.77 | $2.54 |
| May 2024Diamondback E&P | 4,433 | 4,438 | 8,553 | 8,243 | 0 | $80.02 | $2.12 |
| Apr 2024Diamondback E&P | 4,368 | 4,343 | 7,818 | 7,518 | 0 | $85.35 | $1.60 |
| Mar 2024Diamondback E&P | 4,244 | 4,323 | 8,627 | 8,317 | 0 | $81.28 | $1.49 |
| Feb 2024Diamondback E&P | 4,223 | 4,163 | 9,546 | 9,256 | 0 | $77.25 | $1.72 |
| Jan 2024Diamondback E&P | 4,156 | 4,132 | 6,998 | 6,672 | 16 | $74.15 | $3.18 |
| Dec 2023Diamondback E&P | 3,882 | 3,864 | 10,587 | 10,277 | 0 | $71.90 | $2.52 |
| Nov 2023Diamondback E&P | 2,278 | 2,294 | 5,664 | 5,364 | 0 | $77.69 | $2.71 |
| Oct 2023Diamondback E&P | 5,540 | 5,535 | 10,353 | 10,063 | 0 | $85.64 | $2.98 |
| Sep 2023Diamondback E&P | 4,280 | 4,290 | 7,245 | 6,972 | 33 | $89.43 | $2.64 |
| Aug 2023Diamondback E&P | 6,307 | 6,294 | 11,252 | 10,942 | 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
- MACHO MAN 11-47 L
26,095 bbl
- GAULT 5-44 UNIT 1
14,636 bbl
- WTH 10-3 G
13,477 bbl
- FRANKLIN CRAWFORD 42-43 C
22,079 bbl
- RIO WICHITA 15-10 A
22,534 bbl
- CLARK 5
9,411 bbl
- FOUR CORNERS 1423 B
23,872 bbl
- BLACKFOOT EAST E
18,540 bbl
- D EVANS
18,401 bbl
- FOUR CORNERS 1423 F
24,043 bbl
Spraberry (Trend Area) field
- BESSIE 44-41 D
20,886 bbl
- MICHAEL SCOTT C
18,320 bbl
- WOODY-HOUSTON W37N
23,121 bbl
- UL LEAFCUTTER D
24,957 bbl
- MATTERHORN 24D
22,855 bbl
- UNIVERSITY 8-4F N
24,930 bbl
- GUARDIAN 250 E
22,287 bbl
- UL KESWICK 30-27 B
24,697 bbl
- HORNED FROG 46 H
22,943 bbl
- RIO WICHITA 15-10 A
22,534 bbl
Leases within 10 km
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Drilling permits within 10 km
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