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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 50554

Shut in

LEE

Lee is an oil lease in Reeves County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

Oil lease dossier · 1 well

0bbl oil, last 12 months
Operator
Apache Corporation
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-50554

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County · RRC district 08Open Reeves County →
Oil in Jul 2026
0 bbl
Reporting to the state
since Feb 2020
Wells
1
Data through
Jul 2026

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Aug 2023 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Apache Corporation has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeApache Corporation, Feb 2020 to Jul 2026202120222023202420252026Apache CorporationFeb 2020 to nowthrough Jul 2026
Operators of this lease over timeApache Corporation, Feb 2020 to Jul 2026202120222023202420252026Apache CorporationFeb 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 50554 in district 08. The API number is the state’s ID for a well.
Wells on LEE
API numberWell no.Status
42-389-358471MShut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 50554.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Energy Transfer Marketing & Term gathers it.

    100% of it, on the list since Dec 1, 2022

  • Gas from oil wells

    Delaware Basin Midstream, LLC buys and gathers it.

    Delaware Basin Midstream, LLC buys it: 100% of it, on the list since Jan 8, 2019 · Delaware Basin Midstream, LLC gathers it: 100% of it, on the list since Jan 8, 2019

Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

640 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
0
First completion
Jun 17, 2018
Latest permit
Apr 12, 2017
Wells and acres on the permits for Lee
API numberWell no.Acreson the permit
42-389-358471M640

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What APA Corporation told investors it received

Apache Corporation is linked to APA Corporation (APA). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Compare with the price on my stub

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says LEE sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for LEE
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Jul 2026Apache Corporation00$80.46$2.89
Jun 2026Apache Corporation00$84.81$3.15
May 2026Apache Corporation00$102.13$2.94
Apr 2026Apache Corporation00$100.32$2.77
Mar 2026Apache Corporation00$91.38$3.04
Feb 2026Apache Corporation00$64.51$3.62
Jan 2026Apache Corporation00$60.04$7.72
Dec 2025Apache Corporation00$57.97$4.26
Nov 2025Apache Corporation00$60.06$3.79
Oct 2025Apache Corporation00$60.89$3.19
Sep 2025Apache Corporation00$63.96$2.97
Aug 2025Apache Corporation00$64.86$2.91
Jul 2025Apache Corporation00$68.39$3.20
Jun 2025Apache Corporation00$68.17$3.02
May 2025Apache Corporation00$62.17$3.12
Apr 2025Apache Corporation00$63.54$3.42
Mar 2025Apache Corporation00$68.24$4.12
Feb 2025Apache Corporation00$71.53$4.19
Jan 2025Apache Corporation00$75.74$4.13
Dec 2024Apache Corporation00$70.12$3.01
Nov 2024Apache Corporation00$69.95$2.12
Oct 2024Apache Corporation00$71.99$2.20
Sep 2024Apache Corporation00$70.24$2.28
Aug 2024Apache Corporation00$76.68$1.99
Jul 2024Apache Corporation00$81.80$2.07
Jun 2024Apache Corporation00$79.77$2.54
May 2024Apache Corporation00$80.02$2.12
Apr 2024Apache Corporation00$85.35$1.60
Mar 2024Apache Corporation00$81.28$1.49
Feb 2024Apache Corporation00$77.25$1.72
Jan 2024Apache Corporation00$74.15$3.18
Dec 2023Apache Corporation00$71.90$2.52
Nov 2023Apache Corporation00$77.69$2.71
Oct 2023Apache Corporation00$85.64$2.98
Sep 2023Apache Corporation00$89.43$2.64
Aug 2023Apache Corporation00$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for LEE. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Apache Corporation.

Check my statementTry a sample owner
  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorApache CorporationFieldPhantom (Wolfcamp)CountyReeves County

Apache Corporation in Reeves County

All Apache Corporation leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • BULL RUN

    44,615 mcf last 12 months · 0.7 km away

  • BULL RUN

    89,746 mcf last 12 months · 0.7 km away

  • LEE

    0 mcf last 12 months · 0.7 km away

  • LEE

    0 mcf last 12 months · 0.7 km away

  • BULL RUN

    393,526 mcf last 12 months · 0.8 km away

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 50554, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.