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Texas oil lease

Producing

DRIVER-SCHROCK 1423 B

Driver-Schrock 1423 B is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

2 wells

33,097bbl oil, last 12 months−5% vs prior year
Operator
Apache Corporation
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-51908

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
413,854 mcf
Oil in Jul 2026
2,627 bbl

Production by month

Oil output fell 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for DRIVER-SCHROCK 1423 B, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 33,097 bbl in the 12 months through Jul 2026, against 34,924 bbl in the 12 months before.Last 12 months: 33,097 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for DRIVER-SCHROCK 1423 B, Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 33,097 bbl in the 12 months through Jul 2026, against 34,924 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 15.7% of the gas in Jan 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of DRIVER-SCHROCK 1423 B gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.7% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of DRIVER-SCHROCK 1423 B gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 15.7% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 15.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 401,353 mcf

  • Lease fuel (1)

    1.8% · 7,420 mcf

  • Flared (4)

    0.6% · 2,547 mcf

  • Transmission line (2)

    0.6% · 2,534 mcf

0.6% of the gas flared in the last 12 months. 3 months above 3%.

2 wells on this lease

Wells on DRIVER-SCHROCK 1423 B
API numberWell no.Status
42-329-427856HAActive
42-329-427887HMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Nov 27, 2018–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Jun 1, 2023–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Jun 1, 2023–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Nov 27, 2018Jun 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Nov 27, 2018Jun 1, 2023

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

Who buys my oilOil price check

480 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Driver-Schrock 1423 B
API numberWell no.Acreson the permit
42-329-427856HA480
42-329-427887HM480

SourceRailroad Commission drilling permits, Oct 3, 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 DRIVER-SCHROCK 1423 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,6272,61236,71935,660587$80.46$2.89
Jun 20262,6242,61736,02734,966617$84.81$3.15
May 20262,6382,63837,18036,367358$102.13$2.94
Apr 20262,7102,71835,57934,698426$100.32$2.77
Mar 20262,9402,93141,13440,346278$91.38$3.04
Feb 20262,8582,86434,46033,818158$64.51$3.62
Jan 20263,0513,04935,22534,72444$60.04$7.72
Dec 20253,5073,51334,61034,0491$57.97$4.26
Nov 20253,4423,41134,05133,5110$60.06$3.79
Oct 20252,9162,90632,46031,7721$60.89$3.19
Sep 20252,5512,53627,39826,3200$63.96$2.97
Aug 20251,2331,22929,01127,65677$64.86$2.91
Jul 20251,0341,03229,73028,2531$68.39$3.20
Jun 202586486527,34825,8861$68.17$3.02
May 20251,0451,04927,71226,1340$62.17$3.12
Apr 20251,3491,35225,41723,541303$63.54$3.42
Mar 20251,8791,90227,17125,5010$68.24$4.12
Feb 20253,9403,95624,94823,4060$71.53$4.19
Jan 20255,7095,72526,42424,7740$75.74$4.13
Dec 20245,8395,79326,83124,359867$70.12$3.01
Nov 20244,4394,44723,84722,3440$69.95$2.12
Oct 20243,7303,73223,01321,2390$71.99$2.20
Sep 20243,8683,84321,32619,139428$70.24$2.28
Aug 20241,2281,22620,11618,6130$76.68$1.99
Jul 20241,6831,70517,86216,1650$81.80$2.07
Jun 20241,9491,94816,76815,6040$79.77$2.54
May 20242,1032,12215,10413,9761$80.02$2.12
Apr 20241,4201,39814,30013,4251$85.35$1.60
Mar 20242,7312,73821,53319,8650$81.28$1.49
Feb 20242,4322,42713,68712,6130$77.25$1.72
Jan 20242,1382,13717,61813,4662,766$74.15$3.18
Dec 20232,6542,64621,12119,573140$71.90$2.52
Nov 20231,6701,65914,99614,5321$77.69$2.71
Oct 202392693811,21410,8070$85.64$2.98
Sep 20232,0762,09018,18816,0661,278$89.43$2.64
Aug 20232,4472,43818,92617,491281$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 CorporationFieldSpraberry (Trend Area)CountyMidland County

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