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Texas oil lease

Producing

PANTHER WEST UNIT

Panther West Unit is an oil lease in Howard County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

7 wells

192,166bbl oil, last 12 months+5% vs prior year
RRC lease
08-51470

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
781,178 mcf
Oil in Jul 2026
9,737 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC GAS PROCESSING, LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output rose 5% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for PANTHER WEST UNIT, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 192,166 bbl in the 12 months through Jul 2026, against 183,201 bbl in the 12 months before.Last 12 months: 192,166 bblbbl per monthmcf per month0025k25k50k50k75k75k100k100k125k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 5% over the last 12 monthsMonthly oil production and gas for PANTHER WEST UNIT, Aug 2023 to Jul 2026. Oil output rose 5% over the last 12 months. 192,166 bbl in the 12 months through Jul 2026, against 183,201 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025k25k50k50k75k75k100k100k125k125kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 22.0% of the gas in May 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of PANTHER WEST UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 22.0% of the gas in May 2024.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineFlared 22.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of PANTHER WEST UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 22.0% of the gas in May 2024.Share of gas by disposition code0%50%100%Aug 24: plant to lineFlared 22.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 771,575 mcf

  • Flared (4)

    0.7% · 5,610 mcf

  • Lease fuel (1)

    0.5% · 3,993 mcf

0.7% of the gas flared in the last 12 months. 8 months above 3%.

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

7 wells on this lease

Wells on PANTHER WEST UNIT
API numberWell no.Status
42-227-394488AHActive
42-227-4212115SHActive
42-227-421227AHActive
42-227-4212314SHActive
42-227-421246AHActive
42-227-421285AHActive
42-227-4212913SHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Aug 2, 2024–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc Gas Processing, LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Dorado Oil CompanyOilGathers50Aug 1, 2024Aug 2, 2024
Medallion Operating Company, LLCOilGathers50Aug 1, 2024Aug 2, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Oct 20, 2018Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Oct 20, 2018Aug 1, 2024
Dorado Oil CompanyOilGathers10Oct 20, 2018Aug 1, 2024

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

644.65 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 450.84 and 644.65 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 Panther West Unit
API numberWell no.Acreson the permit
42-227-421285AH644.65
42-227-4212913SH644.65
42-227-4212115SH644.65
42-227-421227AH644.65
42-227-4212314SH644.65
42-227-421246AH644.65
42-227-394488AH450.84

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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 PANTHER WEST UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation9,7379,76846,55046,289261$80.46$2.89
Jun 2026Apache Corporation11,68111,67957,69957,293406$84.81$3.15
May 2026Apache Corporation12,86212,97262,97062,846124$102.13$2.94
Apr 2026Apache Corporation16,32616,14178,76278,580182$100.32$2.77
Mar 2026Apache Corporation17,84917,87486,36785,676691$91.38$3.04
Feb 2026Apache Corporation16,55916,57574,64872,8011,090$64.51$3.62
Jan 2026Apache Corporation19,34719,33073,51372,388263$60.04$7.72
Dec 2025Apache Corporation19,52219,55268,01865,8051,396$57.97$4.26
Nov 2025Apache Corporation17,55217,53253,74052,793109$60.06$3.79
Oct 2025Apache Corporation16,56716,56056,20155,340142$60.89$3.19
Sep 2025Apache Corporation16,97516,93556,59756,424173$63.96$2.97
Aug 2025Apache Corporation17,18917,20166,11365,340773$64.86$2.91
Jul 2025Apache Corporation15,93115,94859,91959,059860$68.39$3.20
Jun 2025Apache Corporation16,41816,37249,94249,87468$68.17$3.02
May 2025Apache Corporation16,15216,15248,14247,564578$62.17$3.12
Apr 2025Apache Corporation16,88816,97045,25145,005246$63.54$3.42
Mar 2025Apache Corporation20,02219,95150,37549,0961,279$68.24$4.12
Feb 2025Apache Corporation18,49418,52640,07239,308327$71.53$4.19
Jan 2025Apache Corporation20,03419,98729,76828,695636$75.74$4.13
Dec 2024Apache Corporation11,51111,47723,20122,811109$70.12$3.01
Nov 2024Apache Corporation8,8508,85614,86414,429253$69.95$2.12
Oct 2024Apache Corporation9,8649,84912,72411,1261,436$71.99$2.20
Sep 2024Apache Corporation12,55412,55321,80221,74551$70.24$2.28
Aug 2024Apache Corporation16,48316,51822,83322,503321$76.68$1.99
Jul 2024Callon Petroleum25,02925,34448,53047,602420$81.80$2.07
Jun 2024Callon Petroleum17,49017,49636,51633,5151,934$79.77$2.54
May 2024Callon Petroleum12,91512,93132,06723,3117,052$80.02$2.12
Apr 2024Callon Petroleum34,43534,49684,05679,0663,482$85.35$1.60
Mar 2024Callon Petroleum41,67641,63991,54790,0420$81.28$1.49
Feb 2024Callon Petroleum43,76443,73489,61174,13514,074$77.25$1.72
Jan 2024Callon Petroleum51,40851,37093,91380,23512,185$74.15$3.18
Dec 2023Callon Petroleum58,50858,74195,21293,6940$71.90$2.52
Nov 2023Callon Petroleum70,08469,997100,06780,43018,149$77.69$2.71
Oct 2023Callon Petroleum101,661103,891107,994101,7194,751$85.64$2.98
Sep 2023Callon Petroleum112,057110,12968,18066,298125$89.43$2.64
Aug 2023Callon Petroleum7,4716,9458,4736,3660$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

Apache Corporation in Howard County

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Spraberry (Trend Area) field

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