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CAPRITO 98

Caprito 98 is an oil lease in Ward County, Texas, operated by Abraxas Petroleum Corporation in the Phantom (Wolfcamp) field.

2 wells

21,672bbl oil, last 12 months−45% vs prior year
Operator
Abraxas Petroleum Corporation
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-49223

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
41,350 mcf
Oil in Jul 2026
2,347 bbl

Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for CAPRITO 98, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 21,672 bbl in the 12 months through Jul 2026, against 39,101 bbl in the 12 months before.Last 12 months: 21,672 bblbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for CAPRITO 98, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 21,672 bbl in the 12 months through Jul 2026, against 39,101 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0005,0002,00010k3,00015k4,00020k5,00025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

84% of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Dec 2024.

  • Processing plant (3)
  • Flared (4)
84% of the gas went to flaring in the last 12 monthsShare of CAPRITO 98 gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
84% of the gas went to flaring in the last 12 monthsShare of CAPRITO 98 gas by disposition code each month, Aug 2023 to Jul 2026. 84% of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    84% · 34,694 mcf

  • Processing plant (3)

    16% · 6,656 mcf

83.9% of the gas flared in the last 12 months. 27 months above 3%.

2 wells on this lease

Wells on CAPRITO 98
API numberWell no.Status
42-475-37168201HActive
42-475-37197301HRActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Shell Trading (Us) CompanyOilGathers100Dec 1, 2020–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Oct 1, 2023–
Targa Midstream Services LLCCasinghead gasGathers100May 22, 2022Oct 1, 2023
Targa Midstream Services LLCCasinghead gasBuys100May 22, 2022Oct 1, 2023
Energy Transfer CompanyCasinghead gasGathers100May 1, 2017May 22, 2022
Energy Transfer CompanyCasinghead gasBuys100May 1, 2017May 22, 2022
West Texas Crude Transport, LLCOilGathers100Jul 1, 2020Dec 1, 2020
Targa Crude Pipeline LLCOilGathers90Jan 29, 2020Jul 1, 2020

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for Caprito 98
API numberWell no.Acreson the permit
42-475-37197301HR320
42-475-37168201H320

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

Unit decimal checker

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36 months, newest first

Ledger for CAPRITO 98
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,3472,2983,4182,537881$80.46$2.89
Jun 20261,4831,7611,81901,819$84.81$3.15
May 20261,5131,4032,09002,090$102.13$2.94
Apr 20261,4891,5831,9424541,488$100.32$2.77
Mar 20261,6641,3962,8952,446449$91.38$3.04
Feb 20261,2821,55273663799$64.51$3.62
Jan 20261,5532,8031,3792261,153$60.04$7.72
Dec 20252,0667001,34001,340$57.97$4.26
Nov 20258818671,95001,950$60.06$3.79
Oct 20252,1172,9857,07807,078$60.89$3.19
Sep 20252,6552,2578,2153567,859$63.96$2.97
Aug 20252,6223,1468,48808,488$64.86$2.91
Jul 20252,8722,7708,2952,1946,101$68.39$3.20
Jun 20252,9113,63712,05111,630421$68.17$3.02
May 20253,1332,59512,83612,146690$62.17$3.12
Apr 20252,9983,26811,29111,21675$63.54$3.42
Mar 20253,1522,80216,52616,5233$68.24$4.12
Feb 20252,7243,45811,75510,887868$71.53$4.19
Jan 20253,3343,5229,5954,5215,074$75.74$4.13
Dec 20243,4683,14715,975015,975$70.12$3.01
Nov 20243,3492,81110,6888,0002,688$69.95$2.12
Oct 20243,6434,88815,12713,4161,711$71.99$2.20
Sep 20243,7442,26711,39710,1461,251$70.24$2.28
Aug 20243,7734,7488,7628,71052$76.68$1.99
Jul 20242,5862,5975,6035,236367$81.80$2.07
Jun 20243,3502,76510,6219,5771,044$79.77$2.54
May 20243,8594,02713,76313,7630$80.02$2.12
Apr 20243,8313,82811,41711,297120$85.35$1.60
Mar 20243,3513,4538,5398,5390$81.28$1.49
Feb 20242,7082,3795,3835,33647$77.25$1.72
Jan 20243,5553,28210,75210,73616$74.15$3.18
Dec 20234,0774,47210,3028,9481,354$71.90$2.52
Nov 20233,3974,0909,3237,2922,031$77.69$2.71
Oct 20233,8823,29111,98810,997991$85.64$2.98
Sep 20233,9283,59512,17611,369807$89.43$2.64
Aug 20234,0994,02111,48711,4852$81.39$2.58

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

OperatorAbraxas Petroleum CorporationFieldPhantom (Wolfcamp)CountyWard County

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