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Texas oil lease

Producing

CORBETS A1

Corbets A1 is an oil lease in Ward County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

2 wells

17,444bbl oil, last 12 months+34% vs prior year
Operator
Apache Corporation
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-50040

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
10,746 mcf
Oil in Jul 2026
1,632 bbl

Production by month

Oil output rose 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 34% over the last 12 monthsMonthly oil production and gas for CORBETS A1, Aug 2023 to Jul 2026. Oil output rose 34% over the last 12 months. 17,444 bbl in the 12 months through Jul 2026, against 13,023 bbl in the 12 months before.Last 12 months: 17,444 bblbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 34% over the last 12 monthsMonthly oil production and gas for CORBETS A1, Aug 2023 to Jul 2026. Oil output rose 34% over the last 12 months. 17,444 bbl in the 12 months through Jul 2026, against 13,023 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0002,5004,0005,0006,0007,5008,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 47.2% of the gas in Dec 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Oct 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CORBETS A1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 47.2% of the gas in Dec 2025.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2024: plant to lineFlared 47.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2024 the lease's gas goes to a transmission line instead of a processing plantShare of CORBETS A1 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 47.2% of the gas in Dec 2025.Share of gas by disposition code0%50%100%Oct 24: plant to lineFlared 47.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    81% · 8,654 mcf

  • Flared (4)

    12% · 1,334 mcf

  • Lease fuel (1)

    7.1% · 758 mcf

12.4% of the gas flared in the last 12 months. 6 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.

2 wells on this lease

Wells on CORBETS A1
API numberWell no.Status
42-475-372471LAActive
42-475-3724816HActive

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 gasBuys100May 17, 2018–
Brazos Midstream Operating, LLCCasinghead gasGathers100May 17, 2018–
Enterprise Crude Oil LLCOilGathers5May 17, 2018Jan 1, 2025
Medallion Operating Company, LLCOilGathers80May 17, 2018Jan 1, 2025
Rio Energy International, Inc.OilGathers10May 17, 2018Jan 1, 2025
Shell Trading (Us) CompanyOilGathers5May 17, 2018Jan 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

An allocation well is on this lease

Permits for Corbets A1
API numberWell no.Acreson the permit
42-475-3724816H1,280
42-475-372471LA1,302.26

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 A1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation1,6321,7131,5101,47040$80.46$2.89
Jun 2026Apache Corporation1,8641,9691,2461,064182$84.81$3.15
May 2026Apache Corporation2,0311,9861,2751,25718$102.13$2.94
Apr 2026Apache Corporation1,6661,7241,1771,14532$100.32$2.77
Mar 2026Apache Corporation1,6051,6281,1291,10524$91.38$3.04
Feb 2026Apache Corporation1,6801,7511,401648478$64.51$3.62
Jan 2026Apache Corporation1,3061,0719186730$60.04$7.72
Dec 2025Apache Corporation1,1871,215695129328$57.97$4.26
Nov 2025Apache Corporation1,2131,190330$60.06$3.79
Oct 2025Apache Corporation1,2061,192550$60.89$3.19
Sep 2025Apache Corporation1,1371,20045541837$63.96$2.97
Aug 2025Apache Corporation917962932737195$64.86$2.91
Jul 2025Apache Corporation7877611,1041,1040$68.39$3.20
Jun 2025Apache Corporation5014838618610$68.17$3.02
May 2025Apache Corporation5925781,2251,2250$62.17$3.12
Apr 2025Apache Corporation430430000$63.54$3.42
Mar 2025Apache Corporation5625211,2261,2260$68.24$4.12
Feb 2025Apache Corporation4714726956410$71.53$4.19
Jan 2025Apache Corporation1,2541,2325795110$75.74$4.13
Dec 2024Apache Corporation1,5621,593000$70.12$3.01
Nov 2024Apache Corporation1,4971,4482161920$69.95$2.12
Oct 2024Apache Corporation1,7131,6724954480$71.99$2.20
Sep 2024Apache Corporation1,4801,501000$70.24$2.28
Aug 2024Apache Corporation2,1742,074000$76.68$1.99
Jul 2024Callon Petroleum5,0865,0742,8062,6400$81.80$2.07
Jun 2024Callon Petroleum2,5492,6921,8061,52842$79.77$2.54
May 2024Callon Petroleum1,2501,2157707070$80.02$2.12
Apr 2024Callon Petroleum2,7883,0113,8463,7270$85.35$1.60
Mar 2024Callon Petroleum2,9812,8356,2596,08214$81.28$1.49
Feb 2024Callon Petroleum2,8342,7998,2488,1004$77.25$1.72
Jan 2024Callon Petroleum2,8892,8577,1337,0050$74.15$3.18
Dec 2023Callon Petroleum3,1483,1618,1958,0550$71.90$2.52
Nov 2023Callon Petroleum3,2543,2266,3746,22115$77.69$2.71
Oct 2023Callon Petroleum3,1603,1408,7878,55090$85.64$2.98
Sep 2023Callon Petroleum2,8772,8647,1986,809256$89.43$2.64
Aug 2023Callon Petroleum2,5472,5316,5146,36228$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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Nearby

This lease belongs to

OperatorApache CorporationFieldPhantom (Wolfcamp)CountyWard County

Apache Corporation in Ward County

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