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Texas oil lease

Producing

PEGGY 22

Peggy 22 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) field.

1 well

2,990bbl oil, last 12 months−4% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-48476

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
14,630 mcf
Oil in Jul 2026
241 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Diamondback E&P LLC took over from Endeavor Energy Resources L.P. in Jan 2025.

  • Buyer

    Buyer changed: ENTERPRISE M B MIDSTREAM LLC replaced ENT NAVITAS MDSTRM MDLND BAS LLC as the buyer of this lease's gas from oil wells on Aug 1, 2025.

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

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Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for PEGGY 22, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 2,990 bbl in the 12 months through Jul 2026, against 3,112 bbl in the 12 months before.Last 12 months: 2,990 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for PEGGY 22, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 2,990 bbl in the 12 months through Jul 2026, against 3,112 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 6.7% of the gas in Apr 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of PEGGY 22 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 6.7% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: plant to lineFlared 6.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plantShare of PEGGY 22 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 6.7% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Nov 24: plant to lineFlared 6.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 14,529 mcf

  • Flared (4)

    0.7% · 101 mcf

0.7% of the gas flared in the last 12 months. One month above 3%.

Who has run this lease

The operator changed once, most recently in Jan 2025

Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now
Operators of this lease over timeEndeavor Energy Resources L.P., Jan 2020 to Dec 2024; Diamondback E&P LLC, Jan 2025 to Jul 20262020202120222023202420252026Changed Jan 2025Endeavor Energy Resources L.P.Jan 2020 to Dec 2024Diamondback E&P LLCJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PEGGY 22
API numberWell no.Status
42-329-412591Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Sep 1, 2026–
Enterprise M B Midstream LLCCasinghead gasBuys100Aug 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers100Aug 1, 2025–
Midcon Gathering LLCOilGathers100Aug 1, 2025Sep 1, 2026
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Jun 1, 2023Aug 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Jun 1, 2023Aug 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Feb 3, 2017Aug 1, 2025
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Feb 3, 2017Jun 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Feb 3, 2017Jun 1, 2023

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

Who buys my oilOil price check

81.10 acres on the newest permit

Check your decimal on this lease
Permits for Peggy 22
API numberWell no.Acreson the permit
42-329-41259181.10

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What Diamondback Energy, Inc. told investors it received

Diamondback E&P LLC is linked to Diamondback Energy, Inc. (FANG).
Realized prices reported by Diamondback Energy, Inc.
QuarterOil$ per bblFiling
Q2 2026$96.82SEC filing
Q1 2026$73.47SEC filing
Q4 2025$58.00SEC filing
Q3 2025$64.60SEC filing
Q2 2025$63.23SEC filing
Q1 2025$70.95SEC filing

SourceDiamondback Energy, Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for PEGGY 22
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P2413681,3201,3200$80.46$2.89
Jun 2026Diamondback E&P2111841,1471,13512$84.81$3.15
May 2026Diamondback E&P2511891,2831,2830$102.13$2.94
Apr 2026Diamondback E&P2573671,3331,24489$100.32$2.77
Mar 2026Diamondback E&P2391831,1541,1540$91.38$3.04
Feb 2026Diamondback E&P2621771,1291,1290$64.51$3.62
Jan 2026Diamondback E&P2131911,0951,0950$60.04$7.72
Dec 2025Diamondback E&P2603731,2821,2820$57.97$4.26
Nov 2025Diamondback E&P2801741,2771,2770$60.06$3.79
Oct 2025Diamondback E&P2483631,2451,2450$60.89$3.19
Sep 2025Diamondback E&P2551801,0191,0190$63.96$2.97
Aug 2025Diamondback E&P2733621,3461,3460$64.86$2.91
Jul 2025Diamondback E&P2831859959950$68.39$3.20
Jun 2025Diamondback E&P2031785375370$68.17$3.02
May 2025Diamondback E&P2633598488480$62.17$3.12
Apr 2025Diamondback E&P3843746816810$63.54$3.42
Mar 2025Diamondback E&P1221864034030$68.24$4.12
Feb 2025Diamondback E&P3501895745731$71.53$4.19
Jan 2025Diamondback E&P3081944004000$75.74$4.13
Dec 2024Endeavor Energy4015627407400$70.12$3.01
Nov 2024Endeavor Energy4253758038030$69.95$2.12
Oct 2024Endeavor Energy251843103055$71.99$2.20
Sep 2024Endeavor Energy2231873113110$70.24$2.28
Aug 2024Endeavor Energy12518396960$76.68$1.99
Jul 2024Endeavor Energy125035350$81.80$2.07
Jun 2024Endeavor Energy00000$79.77$2.54
May 2024Endeavor Energy00000$80.02$2.12
Apr 2024Endeavor Energy3902802800$85.35$1.60
Mar 2024Endeavor Energy3987401,4451,4441$81.28$1.49
Feb 2024Endeavor Energy4151856606600$77.25$1.72
Jan 2024Endeavor Energy002962960$74.15$3.18
Dec 2023Endeavor Energy1531869659650$71.90$2.52
Nov 2023Endeavor Energy3823612,0052,0050$77.69$2.71
Oct 2023Endeavor Energy3753642,1962,1960$85.64$2.98
Sep 2023Endeavor Energy4315402,1862,1860$89.43$2.64
Aug 2023Endeavor Energy6065332,2742,2740$81.39$2.58

Flared above 3%

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

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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area)CountyMidland County

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) field

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