PEG'S DRAW "B"
PEG'S DRAW "B" is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Pan Western Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 44,246 barrels. The lease is intermittent. 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 $34K, with roughly $7K 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 3 barrels a month. Its strongest month on the record we hold was March 2024, at 111 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 DRAW "B"
- Who operates PEG'S DRAW "B"?
- PEG'S DRAW "B" is operated by Pan Western Energy Corporation, Railroad Commission of Texas operator number 637830.
- Where is PEG'S DRAW "B"?
- PEG'S DRAW "B" is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 65308.
- Is PEG'S DRAW "B" still producing?
- PEG'S DRAW "B" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PEG'S DRAW "B" is August 2026.
- How much has PEG'S DRAW "B" produced?
- PEG'S DRAW "B" has reported 44,246 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PEG'S DRAW "B" worth?
- The remaining production from PEG'S DRAW "B" is estimated to be worth about $34K in total as of 26 August 2026, within a range of $0 to $69K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEG'S DRAW "B" is a fraction of it. The estimate fits an Arps decline curve to the production PEG'S DRAW "B" 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 DRAW "B" is an estimate of value, not an offer and not an appraisal.
- How much income does PEG'S DRAW "B" generate in a year?
- PEG'S DRAW "B" is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEG'S DRAW "B" 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 Draw (Spraberry) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 65308 |
| Wellbores | 1 |
| Reported production | 44,246 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $34K |
Where PEG'S DRAW "B" 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.