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Texas oil lease

Producing

APPEL 438

Appel 438 is an oil lease in Lipscomb County, Texas, operated by Highmark Energy Operating, LLC in the Lipscomb (Cleveland) field.

3 wells

3,673bbl oil, last 12 months+8% vs prior year
Operator
Highmark Energy Operating, LLC
County
Lipscomb County
Field
Lipscomb (Cleveland)
RRC lease
10-08145

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Gas, last 12 months
61,095 mcf
Oil in Jul 2026
387 bbl

Production by month

Oil output rose 8% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 8% over the last 12 monthsMonthly oil production and gas for APPEL 438, Aug 2023 to Jul 2026. Oil output rose 8% over the last 12 months. 3,673 bbl in the 12 months through Jul 2026, against 3,389 bbl in the 12 months before.Last 12 months: 3,673 bblbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 8% over the last 12 monthsMonthly oil production and gas for APPEL 438, Aug 2023 to Jul 2026. Oil output rose 8% over the last 12 months. 3,673 bbl in the 12 months through Jul 2026, against 3,389 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,5004005,0006007,50080010k1,00012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

84% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
84% of the gas went to a transmission line in the last 12 monthsShare of APPEL 438 gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
84% of the gas went to a transmission line in the last 12 monthsShare of APPEL 438 gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    84% · 51,225 mcf

  • Lease fuel (1)

    16% · 9,870 mcf

Who has run this lease

The operator changed once, most recently in Feb 2022

Operators of this lease over timeEOG Resources, Inc., Jan 2020 to Jan 2022; Highmark Energy Operating, LLC, Feb 2022 to Jul 20262020202120222023202420252026Changed Feb 2022EOG Resources, Inc.Jan 2020 to Jan 2022Highmark Energy Operating, LLCFeb 2022 to now
Operators of this lease over timeEOG Resources, Inc., Jan 2020 to Jan 2022; Highmark Energy Operating, LLC, Feb 2022 to Jul 20262020202120222023202420252026Changed Feb 2022EOG Resources, Inc.Jan 2020 to Jan 2022Highmark Energy Operating, LLCFeb 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on APPEL 438
API numberWell no.Status
42-295-335295HActive
42-295-335476HShut-in
42-295-335847HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Bkep Crude, L.l.c.OilGathers75Dec 20, 2010
Cp Energy, L.l.c.OilGathers25Feb 1, 2015
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

637.80 acres on the newest permit

Permits for Appel 438
API numberWell no.Acreson the permit
42-295-335847H637.80
42-295-335476H637.80
42-295-335295H637.80

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for APPEL 438
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Highmark Energy3873685,9335,0860$80.46$2.89
Jun 2026Highmark Energy5877065,6894,8690$84.81$3.15
May 2026Highmark Energy4611896,0895,2420$102.13$2.94
Apr 2026Highmark Energy3693184,5203,7000$100.32$2.77
Mar 2026Highmark Energy2589236,3685,5210$91.38$3.04
Feb 2026Highmark Energy18004,7864,0210$64.51$3.62
Jan 2026Highmark Energy2681915,2024,4590$60.04$7.72
Dec 2025Highmark Energy2865025,7434,8960$57.97$4.26
Nov 2025Highmark Energy1971953,3422,5220$60.06$3.79
Oct 2025Highmark Energy19005,0794,2320$60.89$3.19
Sep 2025Highmark Energy2491944,2873,4670$63.96$2.97
Aug 2025Highmark Energy2413714,0573,2100$64.86$2.91
Jul 2025Highmark Energy25605,0444,1970$68.39$3.20
Jun 2025Highmark Energy1173704,3643,5440$68.17$3.02
May 2025Highmark Energy27605,0844,2370$62.17$3.12
Apr 2025Highmark Energy2223684,1743,3540$63.54$3.42
Mar 2025Highmark Energy2741874,7053,8770$68.24$4.12
Feb 2025Highmark Energy1551874,0433,2780$71.53$4.19
Jan 2025Highmark Energy3081885,2914,4440$75.74$4.13
Dec 2024Highmark Energy3041915,1524,3050$70.12$3.01
Nov 2024Highmark Energy4063555,4774,6570$69.95$2.12
Oct 2024Highmark Energy3603635,8655,0180$71.99$2.20
Sep 2024Highmark Energy4505125,9375,1170$70.24$2.28
Aug 2024Highmark Energy2611866,4515,6040$76.68$1.99
Jul 2024Highmark Energy2623586,3745,5380$81.80$2.07
Jun 2024Highmark Energy1841564,4293,6320$79.77$2.54
May 2024Highmark Energy1883214,5283,6810$80.02$2.12
Apr 2024Highmark Energy13403,6462,8260$85.35$1.60
Mar 2024Highmark Energy1761603,3762,5290$81.28$1.49
Feb 2024Highmark Energy2083665,2394,4460$77.25$1.72
Jan 2024Highmark Energy3031786,4515,6610$74.15$3.18
Dec 2023Highmark Energy2923587,2826,4350$71.90$2.52
Nov 2023Highmark Energy2691906,9166,0960$77.69$2.71
Oct 2023Highmark Energy2891895,6874,8400$85.64$2.98
Sep 2023Highmark Energy2623586,2315,4110$89.43$2.64
Aug 2023Highmark Energy32332710,2429,3950$81.39$2.58

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

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This lease belongs to

OperatorHighmark Energy Operating, LLCFieldLipscomb (Cleveland)CountyLipscomb County

Highmark Energy Operating, LLC in Lipscomb County

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