PEG'S DRAW
PEG'S DRAW is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by Primexx Operating Corporation. It has 3 wellbores on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 153,475 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 $1.0M, with roughly $217K 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 266 barrels a month, about 89 per wellbore. Its strongest month on the record we hold was August 2016, at 732 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 DRAW
- Who operates PEG'S DRAW?
- PEG'S DRAW is operated by Primexx Operating Corporation, Railroad Commission of Texas operator number 677852.
- Where is PEG'S DRAW?
- PEG'S DRAW is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69634.
- Is PEG'S DRAW still producing?
- PEG'S DRAW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEG'S DRAW is August 2026.
- How much has PEG'S DRAW produced?
- PEG'S DRAW has reported 153,475 barrels of oil (bbl) to the Railroad Commission of Texas between September 2010 and August 2026, from 3 wellbores.
- How much is PEG'S DRAW worth?
- The remaining production from PEG'S DRAW is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $783K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEG'S DRAW is a fraction of it. The estimate fits an Arps decline curve to the production PEG'S DRAW 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 is an estimate of value, not an offer and not an appraisal.
- How much income does PEG'S DRAW generate in a year?
- PEG'S DRAW is forecast to net about $217K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEG'S DRAW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Primexx Operating Corporation |
|---|---|
| Field | Peg'S Draw (Mississippian) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69634 |
| Wellbores | 3 |
| Reported production | 153,475 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where PEG'S DRAW 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.