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Royalty Clerk

Texas oil lease · RRC district 03 · Lease 24073

No report in 6+ months

LEONE UNIT

Leone Unit is an oil lease in Burleson County, Texas, operated by Apache Corporation in the Giddings (Buda) field. The Railroad Commission shows 487 mcf of gas in the 12 months through Aug 2021.

Gas well dossier · 1 well

487mcf gas, last 12 months
Operator
Apache Corporation
County
Burleson County
Field
Giddings (Buda)
RRC lease
03-24073

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Where it sits

This county

Burleson CountyBurlesonMadisonBastropWashingtonBrazosLeeRobertsonGrimesMilamBurleson County
Burleson County · RRC district 03Open Burleson County →
Gas in Aug 2021
0 mcf
Reporting to the state
since Jan 2020
Wells
1
Data through
Aug 2021

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).

Gas output since Jan 2020

Monthly average of 94 mcf in the latest 3 months, against 0 mcf in the first 3.

  • Gas (bars, left axis)
  • Last 12 months
Gas output since Jan 2020Monthly gas production for LEONE UNIT, Jan 2020 to Aug 2021. Gas output since Jan 2020. Monthly average of 94 mcf in the latest 3 months, against 0 mcf in the first 3.Last 12 months: 487 mcfmcf per month050100150200250Jan 20AprJulOctJan 21AprJul
Gas output since Jan 2020Monthly gas production for LEONE UNIT, Jan 2020 to Aug 2021. Gas output since Jan 2020. Monthly average of 94 mcf in the latest 3 months, against 0 mcf in the first 3.Last 12 monthsmcf per month050100150200250Jan 20JulJan 21Jul

SourceTexas Railroad Commission Production Data Query, oil lease 24073, district 03. Reported through Jul 2026. The state revises recent months.

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.

93% of the gas went to a transmission line in the 4 months reported

Each bar is one month. Colors are the disposition codes the operator reported.

  • Transmission line (2)
  • Lease fuel (1)
93% of the gas went to a transmission line in the 4 months reportedShare of LEONE UNIT gas by disposition code each month, Jan 2020 to Aug 2021. 93% of the gas went to a transmission line in the 4 months reported. Share of the lease’s gas by disposition code, per month0%50%100%Jan 20AprJulOctJan 21AprJul
93% of the gas went to a transmission line in the 4 months reportedShare of LEONE UNIT gas by disposition code each month, Jan 2020 to Aug 2021. 93% of the gas went to a transmission line in the 4 months reported. Share of gas by disposition code0%50%100%Jan 20JulJan 21Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 24073, district 03. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

None of the gas was flared in the 4 months reported.

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, Jan 2020 to Aug 202120202021Apache CorporationJan 2020 to nowthrough Aug 2021
Operators of this lease over timeApache Corporation, Jan 2020 to Aug 202120202021Apache CorporationJan 2020 to nowthrough Aug 2021

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 24073 in district 03. The API number is the state’s ID for a well.
Wells on LEONE UNIT
API numberWell no.Status
42-051-334261Active

SourceTexas Railroad Commission Wellbore Query, district 03, lease 24073.

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

    Shell Trading (Us) Company gathers it.

    100% of it, on the list since May 1, 2021

Companies that used to be listed: Energy Transfer Company (gathers it, until May 1, 2021); Energy Transfer Company (buys it, until May 1, 2021); Buckhead Midstream, LLC (gathers it, until May 1, 2021); Dcp Operating Company, LP (gathers it, until Jun 1, 2020); Dcp Operating Company, LP (buys it, until Jun 1, 2020); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Jun 1, 2020).

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

620 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
1
First completion
May 12, 1994
Latest permit
Feb 9, 2001

A pooling certificate was filed

Your tract may share its production with neighbours in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Wells and acres on the permits for Leone Unit
API numberWell no.Acreson the permit
42-051-334261620

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.

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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 LEONE UNIT 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. Regional gas prices are often below Henry Hub.

Ledger

20 months, newest first

Compare these numbers with your statements. Your share of a month is the “Gas sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for LEONE UNIT
MonthGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Aug 2021Apache Corporation000$67.73$4.07
Jul 2021Apache Corporation86800$72.49$3.84
Jun 2021Apache Corporation1971820$71.38$3.26
May 2021Apache Corporation000$65.17$2.91
Apr 2021Apache Corporation000$61.72$2.66
Mar 2021Apache Corporation000$62.33$2.62
Feb 2021Apache Corporation000$59.04$5.35
Jan 2021Apache Corporation2041900$52.00$2.71
Dec 2020Apache Corporation000$47.02$2.58
Nov 2020Apache Corporation000$40.94$2.61
Oct 2020Apache Corporation000$39.40$2.39
Sep 2020Apache Corporation000$39.63$1.92
Aug 2020Apache Corporation000$42.34$2.30
Jul 2020Apache Corporation2232060$40.71$1.76
Jun 2020Apache Corporation000$38.31$1.63
May 2020Apache Corporation000$28.56$1.75
Apr 2020Apache Corporation000$16.55$1.74
Mar 2020Apache Corporation000$29.21$1.79
Feb 2020Apache Corporation000$50.54$1.91
Jan 2020Apache Corporation000$57.52$2.02

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).

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Do your checks match this lease?

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

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Around this lease

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

This lease belongs to

OperatorApache CorporationFieldGiddings (Buda)CountyBurleson County

Apache Corporation in Burleson County

No other producing leases from this operator in this county are in our data yet.

Giddings (Buda) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

New drilling permits in Burleson County

We do not have coordinates for this lease, so these are the newest permits in its county.

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

Why is the newest month Aug 2021?

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 24073, district 03, 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.