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Texas oil lease

Producing

MADISON 32

Madison 32 is an oil lease in Glasscock County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

1 well

628bbl oil, last 12 months+21% vs prior year
Operator
Apache Corporation
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-44502

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
1,255 mcf
Oil in Jul 2026
67 bbl

Production by month

Oil output rose 21% over the last 12 months

Jun 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 21% over the last 12 monthsMonthly oil production and gas for MADISON 32, Aug 2023 to Jul 2026. Oil output rose 21% over the last 12 months. 628 bbl in the 12 months through Jul 2026, against 521 bbl in the 12 months before.Last 12 months: 628 bblbbl per monthmcf per month00251005020075300100400125500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 21% over the last 12 monthsMonthly oil production and gas for MADISON 32, Aug 2023 to Jul 2026. Oil output rose 21% over the last 12 months. 628 bbl in the 12 months through Jul 2026, against 521 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400125500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a transmission line in the last 12 months

Flaring peaked at 100.0% of the gas in Apr 2025.

  • Transmission line (2)
  • Flared (4)
99% of the gas went to a transmission line in the last 12 monthsShare of MADISON 32 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a transmission line in the last 12 monthsShare of MADISON 32 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a transmission line in the last 12 months. Flaring peaked at 100.0% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 1,544 mcf

  • Flared (4)

    1.2% · 19 mcf

1.2% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on MADISON 32
API numberWell no.Status
42-173-352051Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021–
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022–
Apache CorporationCasinghead gasBuys50Dec 14, 2012–
Dcp Operating Company, LPCasinghead gasBuys50Apr 1, 2017–
Apache CorporationCasinghead gasGathers100Dec 14, 2012–
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Dec 14, 2012Jul 1, 2021

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

Who buys my oilOil price check

469.42 acres on the newest permit

Permits for Madison 32
API numberWell no.Acreson the permit
42-173-352051469.42

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 MADISON 32
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266701601600$80.46$2.89
Jun 2026No report filed–––––$84.81$3.15
May 20263401111110$102.13$2.94
Apr 20265901551550$100.32$2.77
Mar 20265901381371$91.38$3.04
Feb 2026591801571570$64.51$3.62
Jan 20266201681680$60.04$7.72
Dec 20258041821820$57.97$4.26
Nov 2025493571661651$60.06$3.79
Oct 20251248000$60.89$3.19
Sep 2025350000$63.96$2.97
Aug 202500000$64.86$2.91
Jul 20250018414$68.39$3.20
Jun 202500000$68.17$3.02
May 202520000$62.17$3.12
Apr 202530303$63.54$3.42
Mar 20255501491490$68.24$4.12
Feb 20256051561560$71.53$4.19
Jan 20251062031771770$75.74$4.13
Dec 20245801641640$70.12$3.01
Nov 20245201751750$69.95$2.12
Oct 20245901861860$71.99$2.20
Sep 2024653641801800$70.24$2.28
Aug 20246101921920$76.68$1.99
Jul 20245701931930$81.80$2.07
Jun 2024561831901900$79.77$2.54
May 20246711891890$80.02$2.12
Apr 20246121871870$85.35$1.60
Mar 20245901921920$81.28$1.49
Feb 20246601891890$77.25$1.72
Jan 20245801891890$74.15$3.18
Dec 2023593692192190$71.90$2.52
Nov 20236912222220$77.69$2.71
Oct 20239443163160$85.64$2.98
Sep 20239345450$89.43$2.64
Aug 20236012332330$81.39$2.58

No report filed Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorApache CorporationFieldSpraberry (Trend Area)CountyGlasscock County

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Spraberry (Trend Area) field

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