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Texas oil lease

Producing

AMPHITHEATER A2

Amphitheater A2 is an oil lease in Ward County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

1 well

14,016bbl oil, last 12 months+999% vs prior year
RRC lease
08-55570

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
22,580 mcf
Oil in Jul 2026
2,332 bbl

Production by month

Oil output rose 280,220% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 280,220% over the last 12 monthsMonthly oil production and gas for AMPHITHEATER A2, Aug 2023 to Jul 2026. Oil output rose 280,220% over the last 12 months. 14,016 bbl in the 12 months through Jul 2026, against 5 bbl in the 12 months before.Last 12 months: 14,016 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 280,220% over the last 12 monthsMonthly oil production and gas for AMPHITHEATER A2, Aug 2023 to Jul 2026. Oil output rose 280,220% over the last 12 months. 14,016 bbl in the 12 months through Jul 2026, against 5 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 12.7% of the gas in Aug 2023.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Dec 2024 the lease's gas goes to a transmission line instead of a processing plantShare of AMPHITHEATER A2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 12.7% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2024: plant to lineFlared 12.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2024 the lease's gas goes to a transmission line instead of a processing plantShare of AMPHITHEATER A2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 12.7% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Dec 24: plant to lineFlared 12.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    73% · 22,178 mcf

  • Processing plant (3)

    17% · 5,217 mcf

  • Lease fuel (1)

    8.5% · 2,582 mcf

  • Flared (4)

    1.5% · 460 mcf

1.5% of the gas flared in the last 12 months. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCallon Petroleum Operating Co, Oct 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 2026202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoOct 2020 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Oct 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 2026202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoOct 2020 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on AMPHITHEATER A2
API numberWell no.Status
42-475-380643LAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers50Jan 1, 2025–
Plains Pipeline L.p.OilGathers50Jan 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasBuys100Oct 2, 2020–
Brazos Midstream Operating, LLCCasinghead gasGathers100Oct 2, 2020–
Medallion Operating Company, LLCOilGathers90Oct 2, 2020Jan 1, 2025
Rio Energy International, Inc.OilGathers10Oct 2, 2020Jan 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

1,292.55 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Amphitheater A2
API numberWell no.Acreson the permit
42-475-380643LA1,292.55

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What APA Corporation told investors it received

Apache Corporation is linked to APA Corporation (APA).
Realized prices reported by APA Corporation
QuarterOil$ per bblFiling
Q2 2026$98.24SEC filing
Q1 2026$78.69SEC filing
Q4 2025$61.03SEC filing
Q3 2025$67.43SEC filing
Q2 2025$65.58SEC filing
Q1 2025$73.73SEC filing

SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for AMPHITHEATER A2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation2,3322,3214,2274,115112$80.46$2.89
Jun 2026Apache Corporation2,7132,7194,4944,311183$84.81$3.15
May 2026Apache Corporation3,4213,4335,3185,22197$102.13$2.94
Apr 2026Apache Corporation4,1844,1445,9345,9322$100.32$2.77
Mar 2026Apache Corporation1,3611,3402,5862,55531$91.38$3.04
Feb 2026Apache Corporation00000$64.51$3.62
Jan 2026Apache Corporation00000$60.04$7.72
Dec 2025Apache Corporation00000$57.97$4.26
Nov 2025Apache Corporation00000$60.06$3.79
Oct 2025Apache Corporation00000$60.89$3.19
Sep 2025Apache Corporation5521210$63.96$2.97
Aug 2025Apache Corporation00000$64.86$2.91
Jul 2025Apache Corporation00000$68.39$3.20
Jun 2025Apache Corporation00000$68.17$3.02
May 2025Apache Corporation00000$62.17$3.12
Apr 2025Apache Corporation00000$63.54$3.42
Mar 2025Apache Corporation00000$68.24$4.12
Feb 2025Apache Corporation00000$71.53$4.19
Jan 2025Apache Corporation00000$75.74$4.13
Dec 2024Apache Corporation5524230$70.12$3.01
Nov 2024Apache Corporation00000$69.95$2.12
Oct 2024Apache Corporation00000$71.99$2.20
Sep 2024Apache Corporation00000$70.24$2.28
Aug 2024Apache Corporation00000$76.68$1.99
Jul 2024Callon Petroleum00000$81.80$2.07
Jun 2024Callon Petroleum02000$79.77$2.54
May 2024Callon Petroleum17617888786910$80.02$2.12
Apr 2024Callon Petroleum5495529409254$85.35$1.60
Mar 2024Callon Petroleum6486471,7129558$81.28$1.49
Feb 2024Callon Petroleum7407392,0661,18413$77.25$1.72
Jan 2024Callon Petroleum4524512,2281,2840$74.15$3.18
Dec 2023Callon Petroleum8788792,2891,3430$71.90$2.52
Nov 2023Callon Petroleum1,0111,0142,4641,51135$77.69$2.71
Oct 2023Callon Petroleum1,2921,2871,9141,8423$85.64$2.98
Sep 2023Callon Petroleum1,1761,1812,3842,3654$89.43$2.64
Aug 2023Callon Petroleum1,4141,4371,7891,525227$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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