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Texas oil lease

Producing

CASSELMAN 8 PSA 2

Casselman 8 Psa 2 is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

2 wells

2,974bbl oil, last 12 months−55% vs prior year
RRC lease
08-47392

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
83,374 mcf
Oil in Jul 2026
367 bbl

Production by month

Oil output fell 55% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for CASSELMAN 8 PSA 2, Aug 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 2,974 bbl in the 12 months through Jul 2026, against 6,558 bbl in the 12 months before.Last 12 months: 2,974 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 55% over the last 12 monthsMonthly oil production and gas for CASSELMAN 8 PSA 2, Aug 2023 to Jul 2026. Oil output fell 55% over the last 12 months. 2,974 bbl in the 12 months through Jul 2026, against 6,558 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

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

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CASSELMAN 8 PSA 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CASSELMAN 8 PSA 2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Aug 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 83,048 mcf

  • Lease fuel (1)

    0.4% · 322 mcf

  • Flared (4)

    0.0% · 4 mcf

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on CASSELMAN 8 PSA 2
API numberWell no.Status
42-329-4026215SHActive
42-329-4165025ULActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Pipeline LLCOilGathers80Oct 1, 2023–
Energy Transfer Marketing & TermOilGathers5Oct 1, 2023–
Enterprise Crude Oil LLCOilGathers5Jan 6, 2017–
Plains Marketing, L.p.OilGathers5Jan 6, 2017–
Rio Energy International, Inc.OilGathers5Jan 6, 2017–
Enlink Gas Marketing, LPCasinghead gasBuys100Dec 15, 2016–
Enlink Midstream Services, LLCCasinghead gasGathers100Oct 1, 2023–
Enlink North Texas Gathering, LPCasinghead gasGathers100Jun 1, 2016Oct 1, 2023
Lpc Crude Oil Marketing LLCOilGathers5Jan 6, 2017Oct 1, 2023
Ngl Crude Logistics, LLCOilGathers5Jan 6, 2017Oct 1, 2023
Plains Pipeline L.p.OilGathers70Mar 1, 2017Oct 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers5Jan 6, 2017Oct 1, 2023

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

651.56 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.

Check your decimal on this lease
Permits for Casselman 8 Psa 2
API numberWell no.Acreson the permit
42-329-4165025UL651.56
42-329-4026215SH651.56

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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

36 months, newest first

Ledger for CASSELMAN 8 PSA 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation36732311,40011,4000$80.46$2.89
Jun 2026Apache Corporation36638113,10513,1041$84.81$3.15
May 2026Apache Corporation30834312,58912,5890$102.13$2.94
Apr 2026Apache Corporation3673094,4324,4320$100.32$2.77
Mar 2026Apache Corporation2822774,4174,4170$91.38$3.04
Feb 2026Apache Corporation2342224,0934,0040$64.51$3.62
Jan 2026Apache Corporation2232204,9854,9081$60.04$7.72
Dec 2025Apache Corporation1831804,5544,4901$57.97$4.26
Nov 2025Apache Corporation1351456,6196,5721$60.06$3.79
Oct 2025Apache Corporation14013710,18610,1380$60.89$3.19
Sep 2025Apache Corporation1681704,5414,5410$63.96$2.97
Aug 2025Apache Corporation2011972,4532,4530$64.86$2.91
Jul 2025Apache Corporation2312314,0514,0510$68.39$3.20
Jun 2025Apache Corporation2082121,8401,8400$68.17$3.02
May 2025Apache Corporation3113621,1261,1260$62.17$3.12
Apr 2025Apache Corporation3793155,3135,3130$63.54$3.42
Mar 2025Apache Corporation1381361,9681,9680$68.24$4.12
Feb 2025Apache Corporation861376766560$71.53$4.19
Jan 2025Apache Corporation5325338,1037,9610$75.74$4.13
Dec 2024Apache Corporation1,0401,03614,36614,028135$70.12$3.01
Nov 2024Apache Corporation97999613,65713,4710$69.95$2.12
Oct 2024Apache Corporation87985512,75912,5780$71.99$2.20
Sep 2024Apache Corporation82687113,24513,2420$70.24$2.28
Aug 2024Apache Corporation94992915,18515,1820$76.68$1.99
Jul 2024Callon Petroleum96996515,37315,2500$81.80$2.07
Jun 2024Callon Petroleum92490913,74713,6280$79.77$2.54
May 2024Callon Petroleum98799715,23115,1050$80.02$2.12
Apr 2024Callon Petroleum1,1451,14715,64615,5170$85.35$1.60
Mar 2024Callon Petroleum1,2601,27816,21116,0780$81.28$1.49
Feb 2024Callon Petroleum1,1591,13616,80316,6620$77.25$1.72
Jan 2024Callon Petroleum1,2101,21317,91617,7660$74.15$3.18
Dec 2023Callon Petroleum1,2481,25917,88017,7340$71.90$2.52
Nov 2023Callon Petroleum1,1291,12717,36917,2300$77.69$2.71
Oct 2023Callon Petroleum1,1131,11717,29017,1580$85.64$2.98
Sep 2023Callon Petroleum98397316,61316,4740$89.43$2.64
Aug 2023Callon Petroleum1,2431,25016,28716,1690$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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Nearby

Spraberry (Trend Area) field

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