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PARKS-COYOTE 1506 C

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

3 wells

59,862bbl oil, last 12 months−43% vs prior year
Operator
Apache Corporation
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-53273

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
487,976 mcf
Oil in Jul 2026
3,658 bbl

Production by month

Oil output fell 43% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for PARKS-COYOTE 1506 C, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 59,862 bbl in the 12 months through Jul 2026, against 104,830 bbl in the 12 months before.Last 12 months: 59,862 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 43% over the last 12 monthsMonthly oil production and gas for PARKS-COYOTE 1506 C, Aug 2023 to Jul 2026. Oil output fell 43% over the last 12 months. 59,862 bbl in the 12 months through Jul 2026, against 104,830 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a transmission line in the last 12 months

Flaring peaked at 12.5% of the gas in Jun 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
91% of the gas went to a transmission line in the last 12 monthsShare of PARKS-COYOTE 1506 C gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 12.5% of the gas in Jun 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 12.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
91% of the gas went to a transmission line in the last 12 monthsShare of PARKS-COYOTE 1506 C gas by disposition code each month, Aug 2023 to Jul 2026. 91% of the gas went to a transmission line in the last 12 months. Flaring peaked at 12.5% of the gas in Jun 2024.Share of gas by disposition code0%50%100%Flared 12.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    91% · 446,401 mcf

  • Flared (4)

    5.1% · 24,942 mcf

  • Lease fuel (1)

    3.2% · 15,778 mcf

  • Processing plant (3)

    0.2% · 855 mcf

5.1% of the gas flared in the last 12 months. 15 months above 3%.

3 wells on this lease

Wells on PARKS-COYOTE 1506 C
API numberWell no.Status
42-329-432913HMActive
42-329-4503510HSActive
42-329-4503616HJActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Dec 13, 2019–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Jun 1, 2023–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Jun 1, 2023–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Dec 13, 2019Jun 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Dec 13, 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 C
API numberWell no.Acreson the permit
42-329-4503510HS1,294
42-329-4503616HJ1,294
42-329-432913HM1,294

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 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,6583,64831,55127,7182,124$80.46$2.89
Jun 20262,1282,17118,89715,6471,983$84.81$3.15
May 20264,9204,86036,66133,8961,532$102.13$2.94
Apr 20261,3971,46854,82248,5055,161$100.32$2.77
Mar 20266,8046,77951,91148,6151,929$91.38$3.04
Feb 20264,5884,58340,80238,5021,188$64.51$3.62
Jan 20265,2295,25043,46142,291207$60.04$7.72
Dec 20256,4836,48641,06939,72727$57.97$4.26
Nov 20256,3876,37537,33033,4662,425$60.06$3.79
Oct 20255,9845,97841,31337,0752,741$60.89$3.19
Sep 20255,9015,90445,59839,6424,567$63.96$2.97
Aug 20256,3836,39744,56142,1721,058$64.86$2.91
Jul 20256,9196,95940,77938,6061,112$68.39$3.20
Jun 20257,4617,46638,71235,9691,426$68.17$3.02
May 20257,6447,62650,68749,20222$62.17$3.12
Apr 20257,0927,08139,68937,846304$63.54$3.42
Mar 20257,3397,33834,63732,9866$68.24$4.12
Feb 20256,8546,82636,89335,42454$71.53$4.19
Jan 20257,6087,67432,90431,244193$75.74$4.13
Dec 20249,4339,38142,64240,507541$70.12$3.01
Nov 202410,87510,86062,43960,299591$69.95$2.12
Oct 202410,30610,30641,02738,877615$71.99$2.20
Sep 202411,62411,64241,72039,0811,236$70.24$2.28
Aug 202411,67511,67136,33634,717247$76.68$1.99
Jul 202412,32312,34635,38133,476750$81.80$2.07
Jun 202415,02215,03433,19327,9694,149$79.77$2.54
May 20249,3959,34517,99116,206659$80.02$2.12
Apr 20246,4536,45311,67810,38136$85.35$1.60
Mar 20249,6149,62120,83219,43487$81.28$1.49
Feb 202411,22411,24526,68324,940294$77.25$1.72
Jan 202412,35812,38630,71827,9532,499$74.15$3.18
Dec 202313,66313,64333,44832,0021,364$71.90$2.52
Nov 202314,52114,54033,99931,5792,108$77.69$2.71
Oct 202315,84815,87235,60832,0552,252$85.64$2.98
Sep 202316,78516,79835,64134,104406$89.43$2.64
Aug 202320,61420,63644,96943,7411$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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