PEREGRINE 27

PEREGRINE 27 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Centennial Resource Prod, LLC. It has 9 wellbores on file with the Commission. Reported production runs from June 2020 to August 2026, totalling 134,355 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 $4.7M, with roughly $1.3M 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 1,449 barrels a month, about 161 per wellbore. Its strongest month on the record we hold was June 2020, at 3,884 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 27

Who operates PEREGRINE 27?
PEREGRINE 27 is operated by Centennial Resource Prod, LLC, Railroad Commission of Texas operator number 141077.
Where is PEREGRINE 27?
PEREGRINE 27 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 54998.
Is PEREGRINE 27 still producing?
PEREGRINE 27 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEREGRINE 27 is August 2026.
How much has PEREGRINE 27 produced?
PEREGRINE 27 has reported 134,355 barrels of oil (bbl) to the Railroad Commission of Texas between June 2020 and August 2026, from 9 wellbores.
How much is PEREGRINE 27 worth?
The remaining production from PEREGRINE 27 is estimated to be worth about $4.7M in total as of 27 August 2026, within a range of $3.9M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEREGRINE 27 is a fraction of it. The estimate fits an Arps decline curve to the production PEREGRINE 27 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEREGRINE 27 is an estimate of value, not an offer and not an appraisal.
How much income does PEREGRINE 27 generate in a year?
PEREGRINE 27 is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEREGRINE 27 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PEREGRINE 27 as filed with the Railroad Commission of Texas
OperatorCentennial Resource Prod, LLC
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number54998
Wellbores9
Reported production134,355 bbl
First reported
Last reported
Estimated royalty value$4.7M

Where PEREGRINE 27 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.