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PARKS-COYOTE 1506 A

Parks-Coyote 1506 A is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

3 wells

85,921bbl oil, last 12 months−37% vs prior year
Operator
Apache Corporation
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-53173

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
378,151 mcf
Oil in Jul 2026
2,689 bbl

Production by month

Oil output fell 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for PARKS-COYOTE 1506 A, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 85,921 bbl in the 12 months through Jul 2026, against 136,787 bbl in the 12 months before.Last 12 months: 85,921 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for PARKS-COYOTE 1506 A, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 85,921 bbl in the 12 months through Jul 2026, against 136,787 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a transmission line in the last 12 months

Flaring peaked at 12.3% of the gas in Sep 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
89% of the gas went to a transmission line in the last 12 monthsShare of PARKS-COYOTE 1506 A gas by disposition code each month, Aug 2023 to Jul 2026. 89% of the gas went to a transmission line in the last 12 months. Flaring peaked at 12.3% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 12.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
89% of the gas went to a transmission line in the last 12 monthsShare of PARKS-COYOTE 1506 A gas by disposition code each month, Aug 2023 to Jul 2026. 89% of the gas went to a transmission line in the last 12 months. Flaring peaked at 12.3% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 12.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 336,827 mcf

  • Flared (4)

    6.1% · 22,979 mcf

  • Lease fuel (1)

    4.6% · 17,481 mcf

  • Processing plant (3)

    0.2% · 864 mcf

6.1% of the gas flared in the last 12 months. 16 months above 3%.

3 wells on this lease

Wells on PARKS-COYOTE 1506 A
API numberWell no.Status
42-329-432891HMActive
42-329-450328HSActive
42-329-4503315HJActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Jun 30, 2019–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Jun 1, 2023–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Jun 1, 2023–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Jun 30, 2019Jun 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Jun 30, 2019Jun 1, 2023

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

Who buys my oilOil price check

1,294 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 Parks-Coyote 1506 A
API numberWell no.Acreson the permit
42-329-450328HS1,294
42-329-4503315HJ1,294
42-329-432891HM1,294

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 PARKS-COYOTE 1506 A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,6892,69916,51113,4851,548$80.46$2.89
Jun 20263,7423,79212,4319,8571,517$84.81$3.15
May 20266,6146,53430,40527,3241,555$102.13$2.94
Apr 20261,8591,92942,26336,0604,791$100.32$2.77
Mar 20266,7076,71334,53931,2031,672$91.38$3.04
Feb 20267,5187,50839,32037,0961,146$64.51$3.62
Jan 20268,4798,50031,98930,668189$60.04$7.72
Dec 20259,1399,14830,27628,57620$57.97$4.26
Nov 20259,4579,44635,81731,6402,546$60.06$3.79
Oct 20259,6339,62933,71029,5252,585$60.89$3.19
Sep 202510,18610,18235,70729,6824,386$63.96$2.97
Aug 20259,8989,91635,18332,5751,024$64.86$2.91
Jul 202510,31710,37830,98728,979957$68.39$3.20
Jun 202511,23211,24428,71226,3921,160$68.17$3.02
May 202511,77911,76229,85828,57516$62.17$3.12
Apr 202511,76711,74430,20828,625247$63.54$3.42
Mar 202511,72411,73128,20726,7755$68.24$4.12
Feb 202511,72411,67829,66428,39845$71.53$4.19
Jan 202513,42113,47032,14830,691177$75.74$4.13
Dec 202411,09111,00023,57721,800389$70.12$3.01
Nov 20247,9207,91812,78111,151283$69.95$2.12
Oct 20249,3829,39021,96320,535377$71.99$2.20
Sep 202412,18212,21231,88729,5401,045$70.24$2.28
Aug 202414,24814,23736,47034,958238$76.68$1.99
Jul 202413,95113,97133,50731,733702$81.80$2.07
Jun 202415,86515,90934,50829,4544,058$79.77$2.54
May 202412,88012,85826,42624,623738$80.02$2.12
Apr 202415,04015,00630,35829,05650$85.35$1.60
Mar 202415,83415,82026,87025,52593$81.28$1.49
Feb 202413,20513,25327,03225,421280$77.25$1.72
Jan 202418,22318,27337,48734,5012,719$74.15$3.18
Dec 202321,26621,23440,96039,3841,494$71.90$2.52
Nov 202322,58522,61344,11541,4262,379$77.69$2.71
Oct 202324,33724,38145,78842,0192,499$85.64$2.98
Sep 202326,66326,66153,26451,636496$89.43$2.64
Aug 202329,54729,56956,23755,0111$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

This lease belongs to

OperatorApache CorporationFieldSpraberry (Trend Area)CountyMidland County

Apache Corporation in Midland County

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Spraberry (Trend Area) field

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