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Texas oil lease

Producing

BUSBY

Busby is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

21 wells

371,127bbl oil, last 12 months−63% vs prior year
Operator
Apache Corporation
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-61987

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
1,124,761 mcf
Oil in Jul 2026
47,161 bbl

Production by month

Oil output fell 63% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for BUSBY, Aug 2024 to Jul 2026. Oil output fell 63% over the last 12 months. 371,127 bbl in the 12 months through Jul 2026, against 1,000,576 bbl in the 12 months before.Last 12 months: 371,127 bblbbl per monthmcf per month0050k50k100k100k150k150k200k200k250k250kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for BUSBY, Aug 2024 to Jul 2026. Oil output fell 63% over the last 12 months. 371,127 bbl in the 12 months through Jul 2026, against 1,000,576 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050k50k100k100k150k150k200k200k250k250kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a transmission line in the last 12 months

Flaring peaked at 8.0% of the gas in Apr 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a transmission line in the last 12 monthsShare of BUSBY gas by disposition code each month, Aug 2024 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 8.0% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 8.0%Oct 24Jan 25AprJulOctJan 26AprJul
94% of the gas went to a transmission line in the last 12 monthsShare of BUSBY gas by disposition code each month, Aug 2024 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 8.0% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 8.0%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 1,055,792 mcf

  • Flared (4)

    2.9% · 32,216 mcf

  • Processing plant (3)

    1.7% · 18,840 mcf

  • Lease fuel (1)

    1.6% · 17,913 mcf

2.9% of the gas flared in the last 12 months. 11 months above 3%.

21 wells on this lease

Wells on BUSBY
API numberWell no.Status
42-329-467611HMActive
42-329-467622HMActive
42-329-467633HMActive
42-329-467644HMActive
42-329-475886HSActive
42-329-4758915HJActive
42-329-475907HSActive
42-329-4759116HSActive
42-329-475928HSActive
42-329-4759318HSActive
42-329-475949HSActive
42-329-4759510HSActive
42-329-4759619HJActive
42-329-4759921HJActive
42-329-4760017HJActive
42-329-4760112HSActive
42-329-4760213HSActive
42-329-4760323HJActive
42-329-4760414HSActive
42-329-4760522HSActive
42-329-4760625HJActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Aug 21, 2024
Enterprise Products Operating LLCCasinghead gasBuys100Aug 21, 2024
Enterprise Products Operating LLCCasinghead gasGathers100Aug 21, 2024

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

Who buys my oilOil price check

1,299.50 acres on the newest permit

21 wells are listed on this lease

Permits for Busby
API numberWell no.Acreson the permit
42-329-4759116HS1,299.50
42-329-475886HS1,299.50
42-329-4758915HJ1,299.50
42-329-475907HS1,299.50
42-329-475928HS1,299.50
42-329-4759318HS1,299.50
42-329-475949HS1,299.50
42-329-4759510HS1,299.50
42-329-4759619HJ1,299.50
42-329-4759921HJ1,299.50
42-329-4760017HJ1,299.50
42-329-4760112HS1,299.50

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

Unit decimal checker

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

24 months, newest first

Ledger for BUSBY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202647,16147,148220,234215,69551$80.46$2.89
Jun 202623,94023,966137,639129,1405,724$84.81$3.15
May 202632,53332,573127,290121,8832,285$102.13$2.94
Apr 202631,76431,81779,37669,9996,379$100.32$2.77
Mar 202640,91040,91966,96361,0442,745$91.38$3.04
Feb 202626,21426,22571,62664,6205,650$64.51$3.62
Jan 202615,96215,99870,09866,8253,273$60.04$7.72
Dec 202523,55223,69351,09549,8001,295$57.97$4.26
Nov 202533,78933,81658,29057,828462$60.06$3.79
Oct 202521,18121,60446,54446,48757$60.89$3.19
Sep 202526,08525,39053,52551,1442,381$63.96$2.97
Aug 202548,03648,281142,081140,1671,914$64.86$2.91
Jul 202554,58154,604169,907167,8392,068$68.39$3.20
Jun 202560,47960,495163,321153,3369,985$68.17$3.02
May 202565,70365,559181,376177,0454,331$62.17$3.12
Apr 202573,16273,306198,250192,1006,150$63.54$3.42
Mar 202591,20291,066220,617219,674943$68.24$4.12
Feb 202589,48289,766183,032172,86810,164$71.53$4.19
Jan 2025113,769113,676184,867182,2192,648$75.74$4.13
Dec 2024117,182117,060149,167146,7622,405$70.12$3.01
Nov 2024126,215126,307140,391136,8633,528$69.95$2.12
Oct 2024122,666122,435126,578122,0344,544$71.99$2.20
Sep 202473,98073,93474,76972,3152,454$70.24$2.28
Aug 202412,15512,02521,82921,568261$76.68$1.99

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorApache CorporationFieldSpraberry (Trend Area)CountyMidland County

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