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Texas oil lease

Producing

PEREGRINE 18-07

Peregrine 18-07 is an oil lease in Dawson County, Texas, operated by Ike Operating, LLC in the Spraberry (Trend Area) field.

1 well

34,219bbl oil, last 12 months+48% vs prior year
RRC lease
08-55091

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Where it sits

This county

Dawson CountyDawsonGainesLynnGarzaAndrewsTerryBordenDawson County
Dawson County
Gas, last 12 months
7,784 mcf
Oil in Jul 2026
2,763 bbl

Production by month

Oil output rose 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 48% over the last 12 monthsMonthly oil production and gas for PEREGRINE 18-07, Aug 2023 to Jul 2026. Oil output rose 48% over the last 12 months. 34,219 bbl in the 12 months through Jul 2026, against 23,088 bbl in the 12 months before.Last 12 months: 34,219 bblbbl per monthmcf per month002,0001,0004,0002,0006,0003,0008,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 48% over the last 12 monthsMonthly oil production and gas for PEREGRINE 18-07, Aug 2023 to Jul 2026. Oil output rose 48% over the last 12 months. 34,219 bbl in the 12 months through Jul 2026, against 23,088 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0001,0004,0002,0006,0003,0008,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 45.4% of the gas in Feb 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plantShare of PEREGRINE 18-07 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 45.4% of the gas in Feb 2025.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2023: plant to lineFlared 45.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plantShare of PEREGRINE 18-07 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2023 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 45.4% of the gas in Feb 2025.Share of gas by disposition code0%50%100%Oct 23: plant to lineFlared 45.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 7,697 mcf

  • Flared (4)

    1.1% · 87 mcf

1.1% of the gas flared in the last 12 months. 4 months above 3%.

Who has run this lease

The operator changed once, most recently in Oct 2023

Operators of this lease over timePinon Operating, LLC, Sep 2020 to Sep 2023; Ike Operating, LLC, Oct 2023 to Jul 2026202120222023202420252026Changed Oct 2023Pinon Operating, LLCSep 2020 to Sep 2023Ike Operating, LLCOct 2023 to now
Operators of this lease over timePinon Operating, LLC, Sep 2020 to Sep 2023; Ike Operating, LLC, Oct 2023 to Jul 2026202120222023202420252026Changed Oct 2023Pinon Operating, LLCSep 2020 to Sep 2023Ike Operating, LLCOct 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PEREGRINE 18-07
API numberWell no.Status
42-115-338031HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Feb 1, 2022–
Etc Gas Processing, LLCCasinghead gasBuys100Sep 1, 2024–
Energy Transfer CompanyCasinghead gasGathers100Sep 1, 2024–
Wtg Gas Processing, LLCCasinghead gasGathers100Oct 1, 2023Sep 1, 2024
Wtg Gas Processing, LLCCasinghead gasBuys100Oct 1, 2023Sep 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Sep 14, 2020Oct 1, 2023
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 14, 2020Oct 1, 2023
Enterprise Crude Oil LLCOilGathers100Sep 14, 2020Feb 1, 2022

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

481.04 acres on the newest permit

Permits for Peregrine 18-07
API numberWell no.Acreson the permit
42-115-338031H481.04

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for PEREGRINE 18-07
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ike Operating,2,7633,3876556550$80.46$2.89
Jun 2026Ike Operating,2,6212,1015485480$84.81$3.15
May 2026Ike Operating,1,6511,4421901900$102.13$2.94
Apr 2026Ike Operating,2,4282,34859050387$100.32$2.77
Mar 2026Ike Operating,2,3332,7296406400$91.38$3.04
Feb 2026Ike Operating,1,9982,0105595590$64.51$3.62
Jan 2026Ike Operating,1,8941,9725285280$60.04$7.72
Dec 2025Ike Operating,2,9062,4236956950$57.97$4.26
Nov 2025Ike Operating,333365665660$60.06$3.79
Oct 2025Ike Operating,4,0553,9879169160$60.89$3.19
Sep 2025Ike Operating,5,0164,8859989980$63.96$2.97
Aug 2025Ike Operating,6,5216,1398998990$64.86$2.91
Jul 2025Ike Operating,20229431310$68.39$3.20
Jun 2025Ike Operating,76176000$68.17$3.02
May 2025Ike Operating,1,4371,61484380736$62.17$3.12
Apr 2025Ike Operating,2,4002,1821,2591,2590$63.54$3.42
Mar 2025Ike Operating,2,3232,371954756198$68.24$4.12
Feb 2025Ike Operating,1,9531,9531,083591492$71.53$4.19
Jan 2025Ike Operating,1,8401,7769149140$75.74$4.13
Dec 2024Ike Operating,1,7621,8159519510$70.12$3.01
Nov 2024Ike Operating,9919115755750$69.95$2.12
Oct 2024Ike Operating,2,8413,2102,0832,0830$71.99$2.20
Sep 2024Ike Operating,3,5503,3252,3432,3430$70.24$2.28
Aug 2024Ike Operating,3,7133,9032,3702,3700$76.68$1.99
Jul 2024Ike Operating,3,6223,5742,3752,3750$81.80$2.07
Jun 2024Ike Operating,3,7023,3991,9381,9380$79.77$2.54
May 2024Ike Operating,3,6553,9141,8851,8850$80.02$2.12
Apr 2024Ike Operating,1,6971,6141,0511,0510$85.35$1.60
Mar 2024Ike Operating,3,2313,6352,0262,0260$81.28$1.49
Feb 2024Ike Operating,3,2203,0341,9371,9370$77.25$1.72
Jan 2024Ike Operating,3,5533,1852,1892,1890$74.15$3.18
Dec 2023Ike Operating,3,8944,1702,5892,5890$71.90$2.52
Nov 2023Ike Operating,4,2714,2162,6342,6340$77.69$2.71
Oct 2023Ike Operating,4,5254,4802,4732,4730$85.64$2.98
Sep 2023Pinon Operating,4,4054,4792,3832,3830$89.43$2.64
Aug 2023Pinon Operating,4,2624,4472,2362,2360$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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