PEG'S HILL
PEG'S HILL is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Pan Western Energy Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 61,376 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.2M, with roughly $269K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 402 barrels a month, about 134 per wellbore. Its strongest month on the record we hold was May 2023, at 2,069 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PEG'S HILL
- Who operates PEG'S HILL?
- PEG'S HILL is operated by Pan Western Energy Corporation, Railroad Commission of Texas operator number 637830.
- Where is PEG'S HILL?
- PEG'S HILL is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 64966.
- Is PEG'S HILL still producing?
- PEG'S HILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEG'S HILL is August 2026.
- How much has PEG'S HILL produced?
- PEG'S HILL has reported 61,376 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is PEG'S HILL worth?
- The remaining production from PEG'S HILL is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $928K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEG'S HILL is a fraction of it. The estimate fits an Arps decline curve to the production PEG'S HILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEG'S HILL is an estimate of value, not an offer and not an appraisal.
- How much income does PEG'S HILL generate in a year?
- PEG'S HILL is forecast to net about $269K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEG'S HILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pan Western Energy Corporation |
|---|---|
| Field | Peg'S Hill (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 64966 |
| Wellbores | 3 |
| Reported production | 61,376 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where PEG'S HILL sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.