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Royalty Clerk

Texas oil lease

Producing

BUSBY

Busby is an oil lease in Midland County, Texas, operated by Apache Corporation in the Pegasus (Consolidated) field.

1 well

90,408bbl oil, last 12 months
Operator
Apache Corporation
County
Midland County
Field
Pegasus (Consolidated)
RRC lease
7C-22989

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
458,236 mcf
Oil in Jul 2026
5,117 bbl

Production by month

Oil output fell 47% since Sep 2024

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 47% since Sep 2024Monthly oil production and gas for BUSBY, Sep 2024 to Jul 2026. Oil output fell 47% since Sep 2024. Monthly average of 6,103 bbl in the latest 3 months, against 11,478 bbl in the first 3.Last 12 months: 90,408 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 24Jan 25AprJulOctJan 26AprJul
Oil output fell 47% since Sep 2024Monthly oil production and gas for BUSBY, Sep 2024 to Jul 2026. Oil output fell 47% since Sep 2024. Monthly average of 6,103 bbl in the latest 3 months, against 11,478 bbl in the first 3.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a transmission line in the last 12 months

Flaring peaked at 32.2% of the gas in Sep 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a transmission line in the last 12 monthsShare of BUSBY gas by disposition code each month, Sep 2024 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 32.2% of the gas in Sep 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 32.2%Oct 24Jan 25AprJulOctJan 26AprJul
96% of the gas went to a transmission line in the last 12 monthsShare of BUSBY gas by disposition code each month, Sep 2024 to Jul 2026. 96% of the gas went to a transmission line in the last 12 months. Flaring peaked at 32.2% of the gas in Sep 2024.Share of gas by disposition code0%50%100%Flared 32.2%Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 438,732 mcf

  • Flared (4)

    2.3% · 10,662 mcf

  • Processing plant (3)

    1.2% · 5,320 mcf

  • Lease fuel (1)

    0.8% · 3,522 mcf

2.3% of the gas flared in the last 12 months. 11 months above 3%.

1 well on this lease

Wells on BUSBY
API numberWell no.Status
42-329-467695HBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Sep 5, 2024
Enterprise Products Operating LLCCasinghead gasBuys100Sep 5, 2024
Enterprise Products Operating LLCCasinghead gasGathers100Sep 5, 2024

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

Who buys my oilOil price check

1,154.30 acres on the newest permit

Permits for Busby
API numberWell no.Acreson the permit
42-329-467695HB1,154.30

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

23 months, newest first

Ledger for BUSBY
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,1175,11538,74938,0708$80.46$2.89
Jun 20265,5035,50936,58934,5221,430$84.81$3.15
May 20267,6887,70041,70940,350643$102.13$2.94
Apr 20268,1748,19040,97038,0582,228$100.32$2.77
Mar 202611,23011,23241,98340,400974$91.38$3.04
Feb 20267,1947,19939,24037,2581,777$64.51$3.62
Jan 20264,4854,52037,02035,9111,109$60.04$7.72
Dec 20259,5809,61841,29940,689610$57.97$4.26
Nov 202511,87511,87237,85737,612245$60.06$3.79
Oct 20256,6776,70529,10629,07234$60.89$3.19
Sep 20254,7594,63122,36321,455908$63.96$2.97
Aug 20258,1268,16851,35150,655696$64.86$2.91
Jul 20259,3179,30448,58747,932655$68.39$3.20
Jun 20257,6507,65465,65851,36214,296$68.17$3.02
May 20258,5138,48741,79238,9002,892$62.17$3.12
Apr 20257,3337,35045,53638,6386,898$63.54$3.42
Mar 20259,7239,69637,43537,259176$68.24$4.12
Feb 20255,2525,29620,19119,1191,072$71.53$4.19
Jan 202512,41012,42046,06345,483580$75.74$4.13
Dec 202418,26518,22471,05364,5076,546$70.12$3.01
Nov 202410,94210,96440,18239,1721,010$69.95$2.12
Oct 202414,74114,71362,34755,8806,467$71.99$2.20
Sep 20248,7508,72966,75145,26321,488$70.24$2.28

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 CorporationFieldPegasus (Consolidated)CountyMidland County

Apache Corporation in Midland County

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