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Texas oil lease

Producing

CASSELMAN10 PSA 1

Casselman10 Psa 1 is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

1 well

6,401bbl oil, last 12 months+54% vs prior year
RRC lease
08-47725

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
48,978 mcf
Oil in Jul 2026
377 bbl

Production by month

Oil output rose 54% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 54% over the last 12 monthsMonthly oil production and gas for CASSELMAN10 PSA 1, Aug 2023 to Jul 2026. Oil output rose 54% over the last 12 months. 6,401 bbl in the 12 months through Jul 2026, against 4,148 bbl in the 12 months before.Last 12 months: 6,401 bblbbl per monthmcf per month002502,0005004,0007506,0001,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 54% over the last 12 monthsMonthly oil production and gas for CASSELMAN10 PSA 1, Aug 2023 to Jul 2026. Oil output rose 54% over the last 12 months. 6,401 bbl in the 12 months through Jul 2026, against 4,148 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,0005004,0007506,0001,0008,000Jan 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

Flaring peaked at 4.2% of the gas in Dec 2024.

  • 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 CASSELMAN10 PSA 1 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. Flaring peaked at 4.2% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineFlared 4.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CASSELMAN10 PSA 1 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. Flaring peaked at 4.2% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Aug 24: plant to lineFlared 4.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 47,953 mcf

  • Lease fuel (1)

    1.6% · 777 mcf

  • Flared (4)

    0.5% · 248 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

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.

1 well on this lease

Wells on CASSELMAN10 PSA 1
API numberWell no.Status
42-329-4054310SHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Pipeline L.p.OilGathers80Oct 1, 2023–
Energy Transfer Marketing & TermOilGathers5Oct 1, 2023–
Enterprise Crude Oil LLCOilGathers5Jan 17, 2017–
Plains Marketing, L.p.OilGathers5Jan 17, 2017–
Rio Energy International, Inc.OilGathers5Jan 17, 2017–
Enlink Gas Marketing, LPCasinghead gasBuys100Dec 15, 2016–
Enlink Midstream Services, LLCCasinghead gasGathers100Oct 1, 2023–
Enlink North Texas Gathering, LPCasinghead gasGathers100Dec 9, 2016Oct 1, 2023
Lpc Crude Oil Marketing LLCOilGathers5Jan 17, 2017Oct 1, 2023
Ngl Crude Logistics, LLCOilGathers5Jan 17, 2017Oct 1, 2023
Plains Pipeline L.p.OilGathers70Mar 6, 2017Oct 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers5Jan 17, 2017Oct 1, 2023

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

650.12 acres on the newest permit

  • 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 Casselman10 Psa 1
API numberWell no.Acreson the permit
42-329-4054310SH650.12

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 CASSELMAN10 PSA 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation3773651,9551,9550$80.46$2.89
Jun 2026Apache Corporation5315292,4312,4310$84.81$3.15
May 2026Apache Corporation5175151,9451,9450$102.13$2.94
Apr 2026Apache Corporation6616682,8122,8120$100.32$2.77
Mar 2026Apache Corporation6456473,3433,3430$91.38$3.04
Feb 2026Apache Corporation6506794,9754,8060$64.51$3.62
Jan 2026Apache Corporation6326335,1144,9350$60.04$7.72
Dec 2025Apache Corporation7367226,2945,957140$57.97$4.26
Nov 2025Apache Corporation4274145,1785,0430$60.06$3.79
Oct 2025Apache Corporation4374425,6065,5090$60.89$3.19
Sep 2025Apache Corporation4484474,9514,9510$63.96$2.97
Aug 2025Apache Corporation3403284,3744,266108$64.86$2.91
Jul 2025Apache Corporation3423503,5073,5070$68.39$3.20
Jun 2025Apache Corporation3123002,5712,5710$68.17$3.02
May 2025Apache Corporation1811831,5711,5656$62.17$3.12
Apr 2025Apache Corporation1811911,1241,1240$63.54$3.42
Mar 2025Apache Corporation4014183,7393,7390$68.24$4.12
Feb 2025Apache Corporation2632564,4804,35550$71.53$4.19
Jan 2025Apache Corporation3263114,2214,1439$75.74$4.13
Dec 2024Apache Corporation2572622,2222,07293$70.12$3.01
Nov 2024Apache Corporation4023993,7043,6330$69.95$2.12
Oct 2024Apache Corporation4444694,0293,9670$71.99$2.20
Sep 2024Apache Corporation5365215,2425,2410$70.24$2.28
Aug 2024Apache Corporation5035035,5505,5490$76.68$1.99
Jul 2024Callon Petroleum4444535,2345,2280$81.80$2.07
Jun 2024Callon Petroleum5485585,5185,361129$79.77$2.54
May 2024Callon Petroleum6106027,6117,50529$80.02$2.12
Apr 2024Callon Petroleum5585515,9155,8660$85.35$1.60
Mar 2024Callon Petroleum6436435,5585,45660$81.28$1.49
Feb 2024Callon Petroleum5425415,3995,3550$77.25$1.72
Jan 2024Callon Petroleum6326466,7796,7260$74.15$3.18
Dec 2023Callon Petroleum7477396,3776,3290$71.90$2.52
Nov 2023Callon Petroleum8328416,5926,5410$77.69$2.71
Oct 2023Callon Petroleum8348416,3146,2660$85.64$2.98
Sep 2023Callon Petroleum9209576,0526,0000$89.43$2.64
Aug 2023Callon Petroleum8908535,9435,8743$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.

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Nearby

Spraberry (Trend Area) field

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