Add wine, and stir until it cooks away, about 2 minutes.
Cover and cook, stirring once or twice, until they open, about 5 minutes.
Cover and cook, stirring often, until soft, about 15 minutes.
Add bacon, stirring occasionally, about 5 minutes, until just beginning to brown.
Cook, stirring, about three minutes until the rice begins to look white.
Bring to a simmer and cook, stirring often, about 30 minutes.
Stir the onions, and cook until they are deep brown in color, about 20 minutes.
Stir to cool and to set the color of the peas, about 3 minutes.
Cook down, stirring often, about 5 minutes or until reduced to 2 cups.
Cook, stirring often, for about 3 minutes over high heat.