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Texas oil lease

Producing

PEGGY A

Peggy A 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

7,074bbl oil, last 12 months−23% vs prior year
Operator
Diamondback E&P LLC
County
Midland County
Field
Spraberry (Trend Area) R 40 Exc
RRC lease
08-47722

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
89,660 mcf
Oil in Jul 2026
591 bbl

Production by month

Oil output fell 23% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for PEGGY A, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 7,074 bbl in the 12 months through Jul 2026, against 9,166 bbl in the 12 months before.Last 12 months: 7,074 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for PEGGY A, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 7,074 bbl in the 12 months through Jul 2026, against 9,166 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% 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)
96% of the gas went to a transmission line in the last 12 monthsShare of PEGGY A gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 13.5% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 13.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the last 12 monthsShare of PEGGY A gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 13.5% of the gas in Feb 2026.Share of gas by disposition code0%50%100%Flared 13.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 85,959 mcf

  • Lease fuel (1)

    3.7% · 3,347 mcf

  • Flared (4)

    0.4% · 354 mcf

0.4% 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

Operators of this lease over timeLario Oil & Gas Company, Jan 2020 to Feb 2023; Diamondback E&P LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Lario Oil & Gas CompanyJan 2020 to Feb 2023Diamondback E&P LLCMar 2023 to now
Operators of this lease over timeLario Oil & Gas Company, Jan 2020 to Feb 2023; Diamondback E&P LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Lario Oil & Gas CompanyJan 2020 to Feb 2023Diamondback E&P LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PEGGY A
API numberWell no.Status
42-329-40424102WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 20, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 20, 2015–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 1, 2017Jul 1, 2021

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

Who buys my oilOil price check

1,283.90 acres on the newest permit

A production sharing agreement well is on this lease

Permits for Peggy A
API numberWell no.Acreson the permit
42-329-40424102WA1,283.90

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 A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Diamondback E&P59158910,91710,4670$80.46$2.89
Jun 2026Diamondback E&P5435519,9329,4460$84.81$3.15
May 2026Diamondback E&P4885056,1975,7630$102.13$2.94
Apr 2026Diamondback E&P6316137,6426,96364$100.32$2.77
Mar 2026Diamondback E&P4754939,7569,1450$91.38$3.04
Feb 2026Diamondback E&P1381332,1441,819290$64.51$3.62
Jan 2026Diamondback E&P69969111,39911,1440$60.04$7.72
Dec 2025Diamondback E&P6666576,1416,0440$57.97$4.26
Nov 2025Diamondback E&P4594604,9834,9140$60.06$3.79
Oct 2025Diamondback E&P7067118,0007,8810$60.89$3.19
Sep 2025Diamondback E&P8228256,1416,0560$63.96$2.97
Aug 2025Diamondback E&P8568506,4086,3170$64.86$2.91
Jul 2025Diamondback E&P8748734,8824,8100$68.39$3.20
Jun 2025Diamondback E&P5865853,3883,3290$68.17$3.02
May 2025Diamondback E&P6596413,0923,0480$62.17$3.12
Apr 2025Diamondback E&P24361031010$63.54$3.42
Mar 2025Diamondback E&P4104313,5023,4550$68.24$4.12
Feb 2025Diamondback E&P8538365,3675,3210$71.53$4.19
Jan 2025Diamondback E&P6986994,3844,3520$75.74$4.13
Dec 2024Diamondback E&P8418495,1465,1110$70.12$3.01
Nov 2024Diamondback E&P1,3501,3546,8596,657153$69.95$2.12
Oct 2024Diamondback E&P1,2121,1916,0566,0130$71.99$2.20
Sep 2024Diamondback E&P4444592,3382,3200$70.24$2.28
Aug 2024Diamondback E&P1,2151,2035,4195,3780$76.68$1.99
Jul 2024Diamondback E&P6126282,6542,6330$81.80$2.07
Jun 2024Diamondback E&P1,2851,2745,5345,4810$79.77$2.54
May 2024Diamondback E&P9749795,3065,2360$80.02$2.12
Apr 2024Diamondback E&P1,1901,1855,4255,3720$85.35$1.60
Mar 2024Diamondback E&P1,2771,3016,8146,7550$81.28$1.49
Feb 2024Diamondback E&P1,2811,2655,1905,1410$77.25$1.72
Jan 2024Diamondback E&P1,3371,3338,2878,19819$74.15$3.18
Dec 2023Diamondback E&P1,6021,6057,8537,7670$71.90$2.52
Nov 2023Diamondback E&P1,6151,6097,4477,3520$77.69$2.71
Oct 2023Diamondback E&P1,9521,95112,18912,0600$85.64$2.98
Sep 2023Diamondback E&P1,6541,6423,3283,27516$89.43$2.64
Aug 2023Diamondback E&P5755848298150$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorDiamondback E&P LLCFieldSpraberry (Trend Area) R 40 ExcCountyMidland County

Diamondback E&P LLC in Midland County

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Spraberry (Trend Area) R 40 Exc field

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