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Texas oil lease

Producing

DRAINAGE A2

Drainage A2 is an oil lease in Ward County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

1 well

98,839bbl oil, last 12 months−7% vs prior year
Operator
Apache Corporation
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-57416

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
135,444 mcf
Oil in Jul 2026
7,471 bbl

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for DRAINAGE A2, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 98,839 bbl in the 12 months through Jul 2026, against 106,233 bbl in the 12 months before.Last 12 months: 98,839 bblbbl per monthmcf per month005,00010k10k20k15k30k20k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for DRAINAGE A2, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 98,839 bbl in the 12 months through Jul 2026, against 106,233 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00010k10k20k15k30k20k40kJan 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 12.7% of the gas in Aug 2023.

  • 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 DRAINAGE A2 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 12.7% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineFlared 12.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of DRAINAGE A2 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 12.7% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Aug 24: plant to lineFlared 12.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    98% · 132,835 mcf

  • Lease fuel (1)

    1.1% · 1,550 mcf

  • Flared (4)

    0.8% · 1,059 mcf

0.8% of the gas flared in the last 12 months. 3 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, Apr 2022 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262023202420252026Changed Aug 2024Callon Petroleum Operating CoApr 2022 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Apr 2022 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262023202420252026Changed Aug 2024Callon Petroleum Operating CoApr 2022 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on DRAINAGE A2
API numberWell no.Status
42-475-3821513UAActive

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 gasBuys100Apr 1, 2022–
Brazos Midstream Operating, LLCCasinghead gasGathers100Apr 1, 2022–
Medallion Operating Company, LLCOilGathers90Apr 1, 2022Jan 1, 2025
Rio Energy International, Inc.OilGathers10Apr 1, 2022Jan 1, 2025

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

Who buys my oilOil price check

597.10 acres on the newest permit

An allocation well is on this lease

Permits for Drainage A2
API numberWell no.Acreson the permit
42-475-3821513UA597.10

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 DRAINAGE A2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation7,4717,41412,16011,838322$80.46$2.89
Jun 2026Apache Corporation7,1727,15110,52610,098428$84.81$3.15
May 2026Apache Corporation6,5586,5719,4829,310172$102.13$2.94
Apr 2026Apache Corporation7,3407,36810,95310,9503$100.32$2.77
Mar 2026Apache Corporation8,6328,61310,12210,003119$91.38$3.04
Feb 2026Apache Corporation7,5487,60510,56010,2900$64.51$3.62
Jan 2026Apache Corporation9,0909,16012,07711,7500$60.04$7.72
Dec 2025Apache Corporation8,8938,84011,98111,67315$57.97$4.26
Nov 2025Apache Corporation9,0699,02711,37211,0650$60.06$3.79
Oct 2025Apache Corporation8,9558,94312,14011,7870$60.89$3.19
Sep 2025Apache Corporation8,7408,73811,98811,9880$63.96$2.97
Aug 2025Apache Corporation9,3719,43512,08312,0830$64.86$2.91
Jul 2025Apache Corporation10,78310,81814,46513,879586$68.39$3.20
Jun 2025Apache Corporation10,75310,82214,32614,28640$68.17$3.02
May 2025Apache Corporation12,35712,54115,05815,0580$62.17$3.12
Apr 2025Apache Corporation18,72818,24219,67019,439231$63.54$3.42
Mar 2025Apache Corporation00000$68.24$4.12
Feb 2025Apache Corporation0102000$71.53$4.19
Jan 2025Apache Corporation4,4334,4975,9375,7620$75.74$4.13
Dec 2024Apache Corporation8,7368,67611,48211,2100$70.12$3.01
Nov 2024Apache Corporation8,5218,56110,66010,4030$69.95$2.12
Oct 2024Apache Corporation9,1719,15310,72510,7205$71.99$2.20
Sep 2024Apache Corporation10,43210,48513,42913,40821$70.24$2.28
Aug 2024Apache Corporation12,31912,31915,63615,6260$76.68$1.99
Jul 2024Callon Petroleum12,54312,55016,19715,8778$81.80$2.07
Jun 2024Callon Petroleum13,75713,67416,57416,25344$79.77$2.54
May 2024Callon Petroleum11,92711,88114,51114,121168$80.02$2.12
Apr 2024Callon Petroleum7,8928,02112,76212,50051$85.35$1.60
Mar 2024Callon Petroleum16,48516,41625,77425,404213$81.28$1.49
Feb 2024Callon Petroleum15,92015,99824,27623,884266$77.25$1.72
Jan 2024Callon Petroleum17,94717,82623,66423,5340$74.15$3.18
Dec 2023Callon Petroleum15,64915,66521,60621,4650$71.90$2.52
Nov 2023Callon Petroleum18,24718,27228,18527,403627$77.69$2.71
Oct 2023Callon Petroleum19,90219,82928,54228,24748$85.64$2.98
Sep 2023Callon Petroleum17,67117,72227,05626,77346$89.43$2.64
Aug 2023Callon Petroleum17,67317,77828,62024,5103,642$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

This lease belongs to

OperatorApache CorporationFieldPhantom (Wolfcamp)CountyWard County

Apache Corporation in Ward County

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