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Texas gas well

Producing

DRAGON STATE

Dragon State is a gas well in Reeves County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

1 well

297,704mcf gas, last 12 months−20% vs prior year
RRC lease
08-290797

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Oil, last 12 months
12,244 bbl
Gas in Jul 2026
19,179 mcf

Production by month

Gas output fell 20% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 20% over the last 12 monthsMonthly gas production and oil for DRAGON STATE, Aug 2023 to Jul 2026. Gas output fell 20% over the last 12 months. 297,704 mcf in the 12 months through Jul 2026, against 370,757 mcf in the 12 months before.Last 12 months: 297,704 mcfmcf per monthbbl per month0010k50020k1,00030k1,50040k2,00050k2,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 20% over the last 12 monthsMonthly gas production and oil for DRAGON STATE, Aug 2023 to Jul 2026. Gas output fell 20% over the last 12 months. 297,704 mcf in the 12 months through Jul 2026, against 370,757 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0010k50020k1,00030k1,50040k2,00050k2,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 5.2% of the gas in May 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of DRAGON STATE gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.2% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of DRAGON STATE gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.2% of the gas in May 2024.Share of gas by disposition code0%50%100%Flared 5.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 286,120 mcf

  • Lease fuel (1)

    3.9% · 11,584 mcf

Who has run this lease

The operator changed once, most recently in Sep 2022

Operators of this lease over timeTitus Oil & Gas Production, LLC, Nov 2020 to Aug 2022; Apache Corporation, Sep 2022 to Jul 2026202120222023202420252026Changed Sep 2022Titus Oil & Gas Production, L…Nov 2020 to Aug 2022Apache CorporationSep 2022 to now
Operators of this lease over timeTitus Oil & Gas Production, LLC, Nov 2020 to Aug 2022; Apache Corporation, Sep 2022 to Jul 2026202120222023202420252026Changed Sep 2022Titus Oil & Gas Production, LLCNov 2020 to Aug 2022Apache CorporationSep 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on DRAGON STATE
API numberWell no.Status
42-389-38874454HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCCondensateGathers100Jul 1, 2021–
Eagleclaw Midstream Ventures,llcGas-well gasBuys100Nov 5, 2020–
Eagleclaw Midstream Ventures,llcGas-well gasGathers100Nov 5, 2020–
United Energy Trading LLCCondensateGathers100Nov 5, 2020Jul 1, 2021

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

640 acres on the newest permit

Permits for Dragon State
API numberWell no.Acreson the permit
42-389-38874454H640

SourceRailroad Commission drilling permits, Sep 26, 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 DRAGON STATE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation69568219,17918,1870$80.46$2.89
Jun 2026Apache Corporation78982020,43219,4720$84.81$3.15
May 2026Apache Corporation84788921,57620,5840$102.13$2.94
Apr 2026Apache Corporation9801,04822,18921,2290$100.32$2.77
Mar 2026Apache Corporation98694824,11423,1220$91.38$3.04
Feb 2026Apache Corporation99098323,44922,5530$64.51$3.62
Jan 2026Apache Corporation89483824,14423,2480$60.04$7.72
Dec 2025Apache Corporation1,2261,22727,31726,3250$57.97$4.26
Nov 2025Apache Corporation1,1441,20227,05426,0940$60.06$3.79
Oct 2025Apache Corporation1,2531,25730,63929,6470$60.89$3.19
Sep 2025Apache Corporation1,1691,12629,55728,5970$63.96$2.97
Aug 2025Apache Corporation1,2711,24628,05427,0620$64.86$2.91
Jul 2025Apache Corporation1,2511,24626,06425,0720$68.39$3.20
Jun 2025Apache Corporation1,0971,09524,08623,1580$68.17$3.02
May 2025Apache Corporation1,2611,30425,10124,1090$62.17$3.12
Apr 2025Apache Corporation1,2661,24027,70426,535209$63.54$3.42
Mar 2025Apache Corporation1,3141,28826,05525,0630$68.24$4.12
Feb 2025Apache Corporation1,1781,14226,54925,60746$71.53$4.19
Jan 2025Apache Corporation1,0261,07527,94626,93222$75.74$4.13
Dec 2024Apache Corporation1,5571,59030,44529,095358$70.12$3.01
Nov 2024Apache Corporation1,6651,65034,13533,1750$69.95$2.12
Oct 2024Apache Corporation1,7991,83139,14137,7920$71.99$2.20
Sep 2024Apache Corporation1,6661,60441,16638,9960$70.24$2.28
Aug 2024Apache Corporation1,8461,83642,36540,2630$76.68$1.99
Jul 2024Apache Corporation1,6541,70438,70536,6160$81.80$2.07
Jun 2024Apache Corporation1,6811,70738,08136,0740$79.77$2.54
May 2024Apache Corporation1,7041,68642,08037,6452,195$80.02$2.12
Apr 2024Apache Corporation1,7071,68637,36535,4030$85.35$1.60
Mar 2024Apache Corporation1,8511,94039,18537,1440$81.28$1.49
Feb 2024Apache Corporation2,0242,05845,81043,9500$77.25$1.72
Jan 2024Apache Corporation1,5561,47137,55635,5330$74.15$3.18
Dec 2023Apache Corporation1,9201,95242,55540,5020$71.90$2.52
Nov 2023Apache Corporation1,9681,95839,13337,1780$77.69$2.71
Oct 2023Apache Corporation2,0672,06429,26227,4270$85.64$2.98
Sep 2023Apache Corporation2,0432,05731,87530,0880$89.43$2.64
Aug 2023Apache Corporation2,0832,28847,21945,0900$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

Apache Corporation in Reeves County

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Phantom (Wolfcamp) field

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