PEREGRINE 18-07
PEREGRINE 18-07 is a Texas oil lease in Dawson County, Railroad Commission district 08, operated by Pinon Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2020 to August 2026, totalling 404,939 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 $8.1M, with roughly $1.8M 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 2,408 barrels a month. Its strongest month on the record we hold was November 2020, at 27,208 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PEREGRINE 18-07
- Who operates PEREGRINE 18-07?
- PEREGRINE 18-07 is operated by Pinon Operating, LLC, Railroad Commission of Texas operator number 665699.
- Where is PEREGRINE 18-07?
- PEREGRINE 18-07 is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55091.
- Is PEREGRINE 18-07 still producing?
- PEREGRINE 18-07 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEREGRINE 18-07 is August 2026.
- How much has PEREGRINE 18-07 produced?
- PEREGRINE 18-07 has reported 404,939 barrels of oil (bbl) to the Railroad Commission of Texas between September 2020 and August 2026, from 1 wellbore.
- How much is PEREGRINE 18-07 worth?
- The remaining production from PEREGRINE 18-07 is estimated to be worth about $8.1M in total as of 27 August 2026, within a range of $6.8M to $9.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEREGRINE 18-07 is a fraction of it. The estimate fits an Arps decline curve to the production PEREGRINE 18-07 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEREGRINE 18-07 is an estimate of value, not an offer and not an appraisal.
- How much income does PEREGRINE 18-07 generate in a year?
- PEREGRINE 18-07 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEREGRINE 18-07 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pinon Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Dawson County, Texas |
| RRC district | 08 |
| Lease number | 55091 |
| Wellbores | 1 |
| Reported production | 404,939 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.1M |
Where PEREGRINE 18-07 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.