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CORBETS 34-149

Corbets 34-149 is an oil lease in Ward County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

1 well

19,561bbl oil, last 12 months+28% vs prior year
Operator
Apache Corporation
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-48626

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
37,128 mcf
Oil in Jul 2026
1,559 bbl

Production by month

Oil output rose 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 28% over the last 12 monthsMonthly oil production and gas for CORBETS 34-149, Aug 2023 to Jul 2026. Oil output rose 28% over the last 12 months. 19,561 bbl in the 12 months through Jul 2026, against 15,234 bbl in the 12 months before.Last 12 months: 19,561 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 28% over the last 12 monthsMonthly oil production and gas for CORBETS 34-149, Aug 2023 to Jul 2026. Oil output rose 28% over the last 12 months. 19,561 bbl in the 12 months through Jul 2026, against 15,234 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuel

Flaring peaked at 38.7% of the gas in Aug 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuelShare of CORBETS 34-149 gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 38.7% of the gas in Aug 2025.Share of the lease’s gas by disposition code, per month0%50%100%Sep 2024: fuel to lineFlared 38.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuelShare of CORBETS 34-149 gas by disposition code each month, Aug 2023 to Jul 2026. Since Sep 2024 the lease's gas goes to a transmission line instead of lease fuel. Flaring peaked at 38.7% of the gas in Aug 2025.Share of gas by disposition code0%50%100%Sep 24: fuel to lineFlared 38.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    87% · 32,232 mcf

  • Flared (4)

    9.1% · 3,363 mcf

  • Lease fuel (1)

    4.1% · 1,533 mcf

9.1% of the gas flared in the last 12 months. 7 months 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 CORBETS 34-149
API numberWell no.Status
42-475-371192WAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers50Jan 1, 2025–
Plains Pipeline L.p.OilGathers50Jan 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasBuys100Jan 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasGathers100Jan 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasGathers80Jan 1, 2019Jan 1, 2025
Targa Midstream Services LLCCasinghead gasGathers20Jan 1, 2019Jan 1, 2025
Brazos Midstream Operating, LLCCasinghead gasBuys80Jan 1, 2019Jan 1, 2025
Energy Transfer CompanyCasinghead gasBuys2Feb 2, 2017Jan 1, 2025
Targa Midstream Services LLCCasinghead gasBuys18Jan 1, 2019Jan 1, 2025
Enterprise Crude Oil LLCOilGathers15Jan 1, 2019Jan 1, 2025

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

Who buys my oilOil price check

1,280 acres on the newest permit

Permits for Corbets 34-149
API numberWell no.Acreson the permit
42-475-371192WA1,280

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 CORBETS 34-149
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation1,5591,5782,4102,35951$80.46$2.89
Jun 2026Apache Corporation1,3691,4592,8452,603242$84.81$3.15
May 2026Apache Corporation1,5611,5443,0243,00024$102.13$2.94
Apr 2026Apache Corporation1,3721,4383,3093,26643$100.32$2.77
Mar 2026Apache Corporation1,3931,4803,8333,80033$91.38$3.04
Feb 2026Apache Corporation1,7362,0463,5472,452811$64.51$3.62
Jan 2026Apache Corporation1,9961,6562,8332,4580$60.04$7.72
Dec 2025Apache Corporation1,8851,8163,6472,795470$57.97$4.26
Nov 2025Apache Corporation1,9081,8093,2882,704272$60.06$3.79
Oct 2025Apache Corporation1,9331,9013,7883,53969$60.89$3.19
Sep 2025Apache Corporation1,7981,7342,0181,671347$63.96$2.97
Aug 2025Apache Corporation1,0511,0612,5861,5851,001$64.86$2.91
Jul 2025Apache Corporation9849431,9001,9000$68.39$3.20
Jun 2025Apache Corporation9311,1932,4862,4860$68.17$3.02
May 2025Apache Corporation1,3881,2112,5112,5110$62.17$3.12
Apr 2025Apache Corporation1,0011,0181,5511,5510$63.54$3.42
Mar 2025Apache Corporation1,3151,2232,9472,9470$68.24$4.12
Feb 2025Apache Corporation1,0981,0862,1522,0580$71.53$4.19
Jan 2025Apache Corporation1,2531,2302,4362,3350$75.74$4.13
Dec 2024Apache Corporation1,2521,2862,1742,0770$70.12$3.01
Nov 2024Apache Corporation1,1991,1681,8441,7490$69.95$2.12
Oct 2024Apache Corporation1,3741,3731,9551,8580$71.99$2.20
Sep 2024Apache Corporation1,5521,5758518470$70.24$2.28
Aug 2024Apache Corporation1,8871,816300$76.68$1.99
Jul 2024Callon Petroleum2,1022,1242,2382,1470$81.80$2.07
Jun 2024Callon Petroleum1,6661,78215500$79.77$2.54
May 2024Callon Petroleum1,3791,3391,2131,0470$80.02$2.12
Apr 2024Callon Petroleum2,8373,0472,3362,1800$85.35$1.60
Mar 2024Callon Petroleum2,9802,8512,0751,9194$81.28$1.49
Feb 2024Callon Petroleum2,7982,7902,8592,7181$77.25$1.72
Jan 2024Callon Petroleum3,0883,0612,9532,8010$74.15$3.18
Dec 2023Callon Petroleum3,1103,1243,2043,0550$71.90$2.52
Nov 2023Callon Petroleum3,1843,1612,5562,4096$77.69$2.71
Oct 2023Callon Petroleum3,1323,1323,7373,55438$85.64$2.98
Sep 2023Callon Petroleum3,4443,4563,4533,176119$89.43$2.64
Aug 2023Callon Petroleum3,4613,4333,4263,24814$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 CorporationFieldPhantom (Wolfcamp)CountyWard County

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