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Texas oil lease

Producing

CASSELMAN4

Casselman4 is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

34 wells

411,185bbl oil, last 12 months+100% vs prior year
Operator
Apache Corporation
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-38675

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
792,395 mcf
Oil in Jul 2026
21,721 bbl

Production by month

Oil output rose 100% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 100% over the last 12 monthsMonthly oil production and gas for CASSELMAN4, Aug 2023 to Jul 2026. Oil output rose 100% over the last 12 months. 411,185 bbl in the 12 months through Jul 2026, against 205,621 bbl in the 12 months before.Last 12 months: 411,185 bblbbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 100% over the last 12 monthsMonthly oil production and gas for CASSELMAN4, Aug 2023 to Jul 2026. Oil output rose 100% over the last 12 months. 411,185 bbl in the 12 months through Jul 2026, against 205,621 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kJan 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 10.0% of the gas in Jun 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 CASSELMAN4 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 10.0% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineFlared 10.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CASSELMAN4 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 10.0% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Aug 24: plant to lineFlared 10.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    100% · 788,786 mcf

  • Flared (4)

    0.5% · 3,609 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.

34 wells on this lease

Wells on CASSELMAN4
API numberWell no.Status
42-329-35665403Shut-in
42-329-359645Shut-in
42-329-360536Shut-in
42-329-364464Shut-in
42-329-365067Shut-in
42-329-3650814Shut-in
42-329-3650915Shut-in
42-329-3651012Shut-in
42-329-3651111Shut-in
42-329-3653216Active
42-329-3653321Shut-in
42-329-3653422Shut-in
42-329-3653523Active
42-329-3653624Shut-in
42-329-3653727Shut-in
42-329-3653826Shut-in
42-329-3653928Shut-in
42-329-369692Shut-in
42-329-369701Shut-in
42-329-3736813RShut-in
42-329-421768ULActive
42-329-421779LLActive
42-329-4217810ULActive
42-329-4217911LLActive
42-329-4218012ULActive
42-329-4218113LLActive
42-329-4559315SHActive
42-329-4559416SHActive
42-329-4559517SHActive
42-329-4559618SHActive
42-329-47418U 1HActive
42-329-47419U 2HActive
42-329-47420U 3HJActive
42-329-47422U 4MSActive

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 LLCOilGathers5Oct 1, 2023–
Plains Marketing, L.p.OilGathers5Oct 1, 2023–
Rio Energy International, Inc.OilGathers5Oct 1, 2023–
Enlink Gas Marketing, LPCasinghead gasBuys100Dec 15, 2016–
Enlink Midstream Services, LLCCasinghead gasGathers100Oct 1, 2023–
Enlink North Texas Gathering, LPCasinghead gasGathers100Jun 1, 2016Oct 1, 2023
Enterprise Crude Oil LLCOilGathers8Dec 15, 2016Oct 1, 2023
Enterprise Crude Pipeline LLCOilGathers60Dec 15, 2016Oct 1, 2023
Lpc Crude Oil Marketing LLCOilGathers8Dec 15, 2016Oct 1, 2023
Ngl Crude Logistics, LLCOilGathers8Dec 15, 2016Oct 1, 2023
Plains Marketing, L.p.OilGathers8Dec 15, 2016Oct 1, 2023

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

Who buys my oilOil price check

660.31 acres on the newest permit

The wells on this lease state different acreage

The permits state between 657.8 and 3,857 acres.

34 wells are listed on this lease

Permits for Casselman4
API numberWell no.Acreson the permit
42-329-47419U 2H660
42-329-47420U 3HJ660.31
42-329-47422U 4MS660.31
42-329-47418U 1H660
42-329-4559315SH660.31
42-329-4559416SH660.31
42-329-4559517SH660.31
42-329-4559618SH660.31
42-329-421768UL660.30
42-329-421779LL660.30
42-329-4217810UL660.30
42-329-4217911LL660.30

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

36 months, newest first

Ledger for CASSELMAN4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation21,72122,07662,04262,0402$80.46$2.89
Jun 2026Apache Corporation7,3747,24810,57110,5710$84.81$3.15
May 2026Apache Corporation19,16819,44859,67059,6691$102.13$2.94
Apr 2026Apache Corporation5,3935,3455,2125,2120$100.32$2.77
Mar 2026Apache Corporation26,23226,32565,60865,6026$91.38$3.04
Feb 2026Apache Corporation28,91029,33574,64674,6451$64.51$3.62
Jan 2026Apache Corporation35,84735,62173,50672,745761$60.04$7.72
Dec 2025Apache Corporation41,20941,12874,75774,7570$57.97$4.26
Nov 2025Apache Corporation42,17941,95078,53378,187346$60.06$3.79
Oct 2025Apache Corporation50,23550,14089,77489,570204$60.89$3.19
Sep 2025Apache Corporation57,69858,08493,90893,86642$63.96$2.97
Aug 2025Apache Corporation75,21975,576104,168101,9222,246$64.86$2.91
Jul 2025Apache Corporation76,92076,55280,85980,147712$68.39$3.20
Jun 2025Apache Corporation53,04352,48748,85948,8590$68.17$3.02
May 2025Apache Corporation7801451450$62.17$3.12
Apr 2025Apache Corporation1391391141140$63.54$3.42
Mar 2025Apache Corporation9,0969,63445,44645,4460$68.24$4.12
Feb 2025Apache Corporation8,3898,17740,02039,0081,012$71.53$4.19
Jan 2025Apache Corporation9,0359,40845,98745,9870$75.74$4.13
Dec 2024Apache Corporation10,49211,05450,19849,927271$70.12$3.01
Nov 2024Apache Corporation8,3047,26345,16445,1640$69.95$2.12
Oct 2024Apache Corporation10,35510,20549,63249,6320$71.99$2.20
Sep 2024Apache Corporation10,01710,00847,69147,6910$70.24$2.28
Aug 2024Apache Corporation9,75310,26848,04647,943103$76.68$1.99
Jul 2024Callon Petroleum12,75712,51063,07962,4590$81.80$2.07
Jun 2024Callon Petroleum11,55111,55257,00250,7145,688$79.77$2.54
May 2024Callon Petroleum15,28815,39969,98568,555810$80.02$2.12
Apr 2024Callon Petroleum16,05916,20165,25764,6570$85.35$1.60
Mar 2024Callon Petroleum17,78217,75068,62768,0070$81.28$1.49
Feb 2024Callon Petroleum17,92817,88264,32363,7430$77.25$1.72
Jan 2024Callon Petroleum20,47820,46766,46165,693148$74.15$3.18
Dec 2023Callon Petroleum20,96920,77460,87160,2510$71.90$2.52
Nov 2023Callon Petroleum21,17221,15152,68652,0860$77.69$2.71
Oct 2023Callon Petroleum19,86519,92446,84146,2210$85.64$2.98
Sep 2023Callon Petroleum21,57222,01151,67550,798277$89.43$2.64
Aug 2023Callon Petroleum14,59714,11932,82531,643562$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

OperatorApache CorporationFieldSpraberry (Trend Area)CountyMidland County

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