Texas oil lease
ProducingCASSELMAN 10 PSA 2
Casselman 10 Psa 2 is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.
1 well
- Operator
- Apache Corporation
- County
- Midland County
- RRC lease
- 08-49598
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 11,646 mcf
- Oil in Jul 2026
- 110 bbl
Production by month
Oil output fell 94% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant
Flaring peaked at 4.2% of the gas in Dec 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
99% · 22,282 mcf
Lease fuel (1)
0.6% · 134 mcf
Flared (4)
0.5% · 106 mcf
0.5% of the gas flared in the last 12 months. One month above 3%.
Who has run this lease
The operator changed once, most recently in Aug 2024
- Apache Corporation Aug 2024 to now
- Callon Petroleum Operating Co Jan 2020 to Jul 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-41557 | 11LL | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Plains Pipeline L.p. | Oil | Gathers | 80 | Oct 1, 2023 | – |
| Energy Transfer Marketing & Term | Oil | Gathers | 5 | Oct 1, 2023 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 5 | Jan 12, 2018 | – |
| Plains Marketing, L.p. | Oil | Gathers | 5 | Jan 12, 2018 | – |
| Rio Energy International, Inc. | Oil | Gathers | 5 | Jan 12, 2018 | – |
| Enlink Gas Marketing, LP | Casinghead gas | Buys | 100 | Jan 12, 2018 | – |
| Enlink Midstream Services, LLC | Casinghead gas | Gathers | 100 | Oct 1, 2023 | – |
| Enlink North Texas Gathering, LP | Casinghead gas | Gathers | 100 | Jan 12, 2018 | Oct 1, 2023 |
| Lpc Crude Oil Marketing LLC | Oil | Gathers | 5 | Jan 12, 2018 | Oct 1, 2023 |
| Ngl Crude Logistics, LLC | Oil | Gathers | 5 | Jan 12, 2018 | Oct 1, 2023 |
| Plains Pipeline L.p. | Oil | Gathers | 70 | Jan 12, 2018 | Oct 1, 2023 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 5 | Jan 12, 2018 | Oct 1, 2023 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
650.12 acres on the newest permit
- Worth asking
A production sharing agreement well is on this lease
A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-329-41557 | 11LL | Mar 10, 2017 | Jan 12, 2018 | 650.12 |
What APA Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.24 | $0.60 | $25.41 | SEC filing |
| Q1 2026 | $78.69 | $2.12 | $20.96 | SEC filing |
| Q4 2025 | $61.03 | $2.10 | $20.95 | SEC filing |
| Q3 2025 | $67.43 | $2.25 | $20.65 | SEC filing |
| Q2 2025 | $65.58 | $2.28 | $20.49 | SEC filing |
| Q1 2025 | $73.73 | $2.81 | $28.75 | SEC filing |
SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Apache Corporation | 110 | 106 | 3,040 | 3,040 | 0 | $80.46 | $2.89 |
| Jun 2026Apache Corporation | 155 | 154 | 3,844 | 3,844 | 0 | $84.81 | $3.15 |
| May 2026Apache Corporation | 121 | 121 | 2,838 | 2,838 | 0 | $102.13 | $2.94 |
| Apr 2026Apache Corporation | 163 | 161 | 909 | 909 | 0 | $100.32 | $2.77 |
| Mar 2026Apache Corporation | 0 | 0 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Apache Corporation | 0 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Apache Corporation | 0 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Apache Corporation | 0 | 0 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Apache Corporation | 0 | 0 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Apache Corporation | 0 | 0 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Apache Corporation | 7 | 9 | 260 | 260 | 0 | $63.96 | $2.97 |
| Aug 2025Apache Corporation | 23 | 22 | 755 | 736 | 19 | $64.86 | $2.91 |
| Jul 2025Apache Corporation | 32 | 33 | 647 | 647 | 0 | $68.39 | $3.20 |
| Jun 2025Apache Corporation | 36 | 36 | 527 | 527 | 0 | $68.17 | $3.02 |
| May 2025Apache Corporation | 42 | 44 | 594 | 592 | 2 | $62.17 | $3.12 |
| Apr 2025Apache Corporation | 66 | 71 | 667 | 667 | 0 | $63.54 | $3.42 |
| Mar 2025Apache Corporation | 183 | 239 | 884 | 884 | 0 | $68.24 | $4.12 |
| Feb 2025Apache Corporation | 466 | 486 | 7,557 | 7,338 | 85 | $71.53 | $4.19 |
| Jan 2025Apache Corporation | 919 | 897 | 11,624 | 11,404 | 25 | $75.74 | $4.13 |
| Dec 2024Apache Corporation | 1,049 | 1,053 | 9,166 | 8,551 | 382 | $70.12 | $3.01 |
| Nov 2024Apache Corporation | 1,332 | 1,328 | 12,401 | 12,165 | 0 | $69.95 | $2.12 |
| Oct 2024Apache Corporation | 1,635 | 1,703 | 15,018 | 14,788 | 0 | $71.99 | $2.20 |
| Sep 2024Apache Corporation | 1,652 | 1,603 | 14,548 | 14,544 | 0 | $70.24 | $2.28 |
| Aug 2024Apache Corporation | 1,529 | 1,530 | 14,997 | 14,993 | 0 | $76.68 | $1.99 |
| Jul 2024Callon Petroleum | 1,353 | 1,376 | 14,142 | 14,124 | 0 | $81.80 | $2.07 |
| Jun 2024Callon Petroleum | 1,613 | 1,525 | 14,415 | 14,003 | 338 | $79.77 | $2.54 |
| May 2024Callon Petroleum | 241 | 334 | 2,660 | 2,623 | 10 | $80.02 | $2.12 |
| Apr 2024Callon Petroleum | 1,651 | 1,624 | 16,034 | 15,900 | 0 | $85.35 | $1.60 |
| Mar 2024Callon Petroleum | 1,730 | 1,725 | 16,639 | 16,336 | 179 | $81.28 | $1.49 |
| Feb 2024Callon Petroleum | 1,369 | 1,386 | 8,753 | 8,682 | 0 | $77.25 | $1.72 |
| Jan 2024Callon Petroleum | 2,036 | 2,090 | 10,745 | 10,662 | 0 | $74.15 | $3.18 |
| Dec 2023Callon Petroleum | 2,532 | 2,510 | 11,764 | 11,676 | 0 | $71.90 | $2.52 |
| Nov 2023Callon Petroleum | 2,972 | 2,960 | 12,561 | 12,465 | 0 | $77.69 | $2.71 |
| Oct 2023Callon Petroleum | 2,141 | 2,118 | 11,594 | 11,505 | 0 | $85.64 | $2.98 |
| Sep 2023Callon Petroleum | 1,634 | 1,707 | 11,021 | 10,926 | 0 | $89.43 | $2.64 |
| Aug 2023Callon Petroleum | 1,654 | 1,591 | 11,313 | 11,181 | 7 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Apache Corporation in Midland County
- LYNCH, JUNE T. "37"
2,907 bbl
- MCCLINTIC TRUST
2,852 bbl
- CANON
2,656 bbl
- LYNCH, JUNE T. "29"
2,018 bbl
- ARCO WINDHAM "30"
1,170 bbl
- TXL -G-
1,172 bbl
- PARKS, CHARLOTTE "27"
521 bbl
- TIPPETT, JUNE
81 bbl
- PARKS, CHARLOTTE "6"
394 bbl
- ARCO - WINDHAM "30"
267 bbl
Spraberry (Trend Area) field
- ED BOOKS 11 UNIT
561 bbl
- MACHO MAN 11-47 H
1,036 bbl
- SPENCER SOUTH 7
704 bbl
- BROWN, H. J. UNIT
1,067 bbl
- WAGGA-WAGGA
1,079 bbl
- BONEFISH 40
424 bbl
- TIDWELL
1,008 bbl
- HENSON "13"
1,076 bbl
- COOK "22"
1,075 bbl
- BAILEY -10-
689 bbl
Leases within 10 km
- CASSELMAN10
50,703 bbl · 0 km
- FEE "AD"
31,528 bbl · 0.4 km
- CASSELMAN10 PSA 1
6,401 bbl · 0.7 km
- FEE "AT"
47,023 bbl · 0.8 km
- ESTES
19,414 bbl · 0.8 km
- WALNUT-BARRON 11A
33,996 bbl · 1.1 km
- WALNUT-BARRON 11B
76,036 bbl · 1.1 km
- WALNUT-BARRON 11C
41,674 bbl · 1.1 km
- WALNUT-BARRON 11D
61,466 bbl · 1.1 km
- FEE 'BF'
29,935 bbl · 1.3 km
Drilling permits within 10 km
FEE 'BJ' #221WA
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County · 8.1 km
Permit 0918923 · Sep 29, 2026
FEE 'BJ' #220DN
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County · 8.1 km
Permit 0918922 · Sep 29, 2026
FEE 'BJ' #219LS
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County · 8.1 km
Permit 0918921 · Sep 29, 2026
FEE 'BJ' #218JM
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County · 8.1 km
Permit 0918920 · Sep 29, 2026
FEE 'BJ' #222WB
new drill · horizontal · Fasken Oil and Ranch, Ltd. · Andrews County · 8.1 km
Permit 0918924 · Sep 29, 2026