Texas oil lease
ProducingPEGGY 6
Peggy 6 is an oil lease in Midland County, Texas, operated by Diamondback E&P LLC in the Spraberry (Trend Area) R 40 Exc field.
1 well
- Operator
- Diamondback E&P LLC
- County
- Midland County
- RRC lease
- 08-53521
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 50,317 mcf
- Oil in Jul 2026
- 550 bbl
Production by month
Oil output fell 22% 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
Flaring peaked at 13.5% of the gas in Feb 2026.
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
98% · 49,207 mcf
Lease fuel (1)
2.0% · 997 mcf
Flared (4)
0.2% · 113 mcf
0.2% 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 Mar 2023
- Diamondback E&P LLC Mar 2023 to now
- Lario Oil & Gas Company Jan 2020 to Feb 2023
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-41281 | 402 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 50 | Jul 1, 2021 | – |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 50 | Jul 1, 2021 | – |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Buys | 100 | Apr 1, 2018 | – |
| Targa Pl Mid-Cont Westtex LLC | Casinghead gas | Gathers | 100 | Apr 1, 2018 | – |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 100 | Apr 1, 2018 | Jul 1, 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 |
|---|---|---|---|---|
| 42-329-41281 | 402 | Dec 9, 2016 | Jan 25, 2018 | 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 | 550 | 581 | 1,742 | 1,670 | 0 | $80.46 | $2.89 |
| Jun 2026Diamondback E&P | 1,678 | 1,667 | 1,818 | 1,729 | 0 | $84.81 | $3.15 |
| May 2026Diamondback E&P | 755 | 763 | 1,368 | 1,272 | 0 | $102.13 | $2.94 |
| Apr 2026Diamondback E&P | 702 | 738 | 742 | 676 | 6 | $100.32 | $2.77 |
| Mar 2026Diamondback E&P | 1,704 | 1,644 | 776 | 727 | 0 | $91.38 | $3.04 |
| Feb 2026Diamondback E&P | 70 | 52 | 792 | 672 | 107 | $64.51 | $3.62 |
| Jan 2026Diamondback E&P | 38 | 50 | 61 | 60 | 0 | $60.04 | $7.72 |
| Dec 2025Diamondback E&P | 332 | 376 | 2,216 | 2,181 | 0 | $57.97 | $4.26 |
| Nov 2025Diamondback E&P | 1,463 | 1,450 | 11,287 | 11,131 | 0 | $60.06 | $3.79 |
| Oct 2025Diamondback E&P | 1,648 | 1,635 | 12,758 | 12,568 | 0 | $60.89 | $3.19 |
| Sep 2025Diamondback E&P | 1,119 | 1,137 | 6,845 | 6,750 | 0 | $63.96 | $2.97 |
| Aug 2025Diamondback E&P | 1,550 | 1,546 | 9,912 | 9,771 | 0 | $64.86 | $2.91 |
| Jul 2025Diamondback E&P | 1,936 | 1,925 | 6,056 | 5,967 | 0 | $68.39 | $3.20 |
| Jun 2025Diamondback E&P | 1,026 | 1,024 | 4,219 | 4,145 | 0 | $68.17 | $3.02 |
| May 2025Diamondback E&P | 1,145 | 1,158 | 4,016 | 3,958 | 0 | $62.17 | $3.12 |
| Apr 2025Diamondback E&P | 1,235 | 1,244 | 5,844 | 5,745 | 0 | $63.54 | $3.42 |
| Mar 2025Diamondback E&P | 1,696 | 1,690 | 5,063 | 4,995 | 0 | $68.24 | $4.12 |
| Feb 2025Diamondback E&P | 1,230 | 1,199 | 4,788 | 4,747 | 0 | $71.53 | $4.19 |
| Jan 2025Diamondback E&P | 767 | 796 | 3,341 | 3,317 | 0 | $75.74 | $4.13 |
| Dec 2024Diamondback E&P | 2,251 | 2,215 | 6,613 | 6,568 | 0 | $70.12 | $3.01 |
| Nov 2024Diamondback E&P | 579 | 591 | 1,082 | 1,050 | 24 | $69.95 | $2.12 |
| Oct 2024Diamondback E&P | 935 | 932 | 2,031 | 2,017 | 0 | $71.99 | $2.20 |
| Sep 2024Diamondback E&P | 1,004 | 1,004 | 2,108 | 2,092 | 0 | $70.24 | $2.28 |
| Aug 2024Diamondback E&P | 1,053 | 1,056 | 790 | 784 | 0 | $76.68 | $1.99 |
| Jul 2024Diamondback E&P | 1,145 | 1,160 | 2,521 | 2,501 | 0 | $81.80 | $2.07 |
| Jun 2024Diamondback E&P | 1,736 | 1,726 | 3,055 | 3,026 | 0 | $79.77 | $2.54 |
| May 2024Diamondback E&P | 1,615 | 1,626 | 3,777 | 3,728 | 0 | $80.02 | $2.12 |
| Apr 2024Diamondback E&P | 2,097 | 2,088 | 7,574 | 7,479 | 0 | $85.35 | $1.60 |
| Mar 2024Diamondback E&P | 2,244 | 2,288 | 9,041 | 9,041 | 0 | $81.28 | $1.49 |
| Feb 2024Diamondback E&P | 2,278 | 2,249 | 5,405 | 5,215 | 0 | $77.25 | $1.72 |
| Jan 2024Diamondback E&P | 2,436 | 2,426 | 6,008 | 5,805 | 13 | $74.15 | $3.18 |
| Dec 2023Diamondback E&P | 2,585 | 2,590 | 10,308 | 9,998 | 0 | $71.90 | $2.52 |
| Nov 2023Diamondback E&P | 2,659 | 2,649 | 13,960 | 13,660 | 0 | $77.69 | $2.71 |
| Oct 2023Diamondback E&P | 3,349 | 3,351 | 11,527 | 11,217 | 0 | $85.64 | $2.98 |
| Sep 2023Diamondback E&P | 3,049 | 3,049 | 6,962 | 6,630 | 32 | $89.43 | $2.64 |
| Aug 2023Diamondback E&P | 3,713 | 3,705 | 10,069 | 9,759 | 0 | $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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Nearby
This lease belongs to
Diamondback E&P LLC in Midland County
- WARFIELD WEST I
11,759 bbl
- STEPHENS FEE '6'
12,436 bbl
- WEST ST NW A
11,175 bbl
- ELKIN 44-32 UNIT 2
11,550 bbl
- KOONCE 'A'
12,810 bbl
- MABEE
12,612 bbl
- GAULT 5-44 UNIT 8UW
6,874 bbl
- LINE DRIVE O
7,582 bbl
- FASKEN FOUNDATION '16-21'
11,907 bbl
- ST-ST S H
8,369 bbl
Spraberry (Trend Area) R 40 Exc field
- SHACKELFORD-CUNNINGHAM 9N
4,664 bbl
- PRESTON S31K
8,785 bbl
- LILLIE MIDKIFF 44-41 ALLOC 4101
8,194 bbl
- SHACKELFORD C
8,792 bbl
- SHACKELFORD E40A
10,107 bbl
- SHACKELFORD E10A
4,346 bbl
- SHACKELFORD E40E
10,254 bbl
- OREL HERSHISER '32-41'
10,823 bbl
- DWIGHT GOODEN 6-8-HA
10,813 bbl
- BRUCE SUTTER 32-41-H
11,065 bbl
Leases within 10 km
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Drilling permits within 10 km
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Permit 0917579 · Sep 25, 2026
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Permit 0917656 · Sep 11, 2026
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Permit 0917690 · Sep 9, 2026