Skip to content
Royalty Clerk

Texas gas well

Producing

FALCON STATE UNIT

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

Gas well dossier

88,673mcf gas, last 12 months+827% vs prior year
Operator
Apache Corporation
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-289298

Is your check right?

Check my statement

Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Oil, last 12 months
15,257 bbl
Gas in Jul 2026
24,491 mcf

Production by month

Gas output rose 827% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 827% over the last 12 monthsMonthly gas production and oil for FALCON STATE UNIT, Aug 2023 to Jul 2026. Gas output rose 827% over the last 12 months. 88,673 mcf in the 12 months through Jul 2026, against 9,569 mcf in the 12 months before.Last 12 months: 88,673 mcfmcf per monthbbl per month005,00050010k1,00015k1,50020k2,00025k2,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 827% over the last 12 monthsMonthly gas production and oil for FALCON STATE UNIT, Aug 2023 to Jul 2026. Gas output rose 827% over the last 12 months. 88,673 mcf in the 12 months through Jul 2026, against 9,569 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month005,00050010k1,00015k1,50020k2,00025k2,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 4.9% of the gas in Aug 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuelShare of FALCON STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 4.9% of the gas in Aug 2024.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2025: fuel to plantFlared 4.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuelShare of FALCON STATE UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 4.9% of the gas in Aug 2024.Share of gas by disposition code0%50%100%Aug 25: fuel to plantFlared 4.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    87% · 77,213 mcf

  • Lease fuel (1)

    13% · 11,132 mcf

  • Flared (4)

    0.4% · 328 mcf

0.4% of the gas flared in the last 12 months. 2 months above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.CondensateGathers50Sep 25, 2015–
Plains Pipeline L.p.CondensateGathers50Sep 25, 2015–
Et Gathering & Processing LLCGas-well gasBuys100Oct 1, 2023–
Energy Transfer CompanyGas-well gasGathers100Sep 25, 2015–
Energy Transfer CompanyGas-well gasBuys100Sep 25, 2015Oct 1, 2023

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

Who buys my oilOil price check

1,240.85 acres on the newest permit

  • 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 Falcon State Unit
API numberWell no.Acreson the permit
42-301-32534P233H1,240.85

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 FALCON STATE UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,7541,52824,49122,52453$80.46$2.89
Jun 20261,8831,82624,44822,49925$84.81$3.15
May 20261,2961,42414,92513,57113$102.13$2.94
Apr 20261,4961,3953,5502,66635$100.32$2.77
Mar 20261,1511,2342,6561,58374$91.38$3.04
Feb 20261,1111,0732,2521,49717$64.51$3.62
Jan 20261,2811,2563,1182,55921$60.04$7.72
Dec 20251,2591,4683,2632,52913$57.97$4.26
Nov 20251,1471,0693,3192,61717$60.06$3.79
Oct 20251,2011,2001,8511,20339$60.89$3.19
Sep 20251,2591,0053,0422,43713$63.96$2.97
Aug 20254194661,7581,5288$64.86$2.91
Jul 2025323498366017$68.39$3.20
Jun 20256626381,129020$68.17$3.02
May 2025859715775015$62.17$3.12
Apr 202588086669404$63.54$3.42
Mar 202575881371201$68.24$4.12
Feb 202568164264500$71.53$4.19
Jan 202585585675700$75.74$4.13
Dec 202481881888201$70.12$3.01
Nov 202485888584900$69.95$2.12
Oct 202493894992100$71.99$2.20
Sep 202495192892600$70.24$2.28
Aug 20241,007978913045$76.68$1.99
Jul 20249529241,5648000$81.80$2.07
Jun 20247518027301402$79.77$2.54
May 20241,0421,01871300$80.02$2.12
Apr 202492291467700$85.35$1.60
Mar 202494594269900$81.28$1.49
Feb 202488087861601$77.25$1.72
Jan 20247997711,1125943$74.15$3.18
Dec 20231,0321,0822,5251,9272$71.90$2.52
Nov 20231,2091,1911,7981,2742$77.69$2.71
Oct 20231,2391,2483,0662,4880$85.64$2.98
Sep 20231,3811,4302,7422,0036$89.43$2.64
Aug 20231,4381,4033,0772,3824$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorApache CorporationFieldPhantom (Wolfcamp)CountyLoving County

Apache Corporation in Loving County

All Apache Corporation leases →

Phantom (Wolfcamp) field

All leases in this field →

New drilling permits in Loving County

Newest in the county: this lease has no coordinates.