Skip to content
Royalty Clerk

Texas oil lease

Producing

PARKS-COYOTE 1506 G

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

3 wells

161,278bbl oil, last 12 months−29% vs prior year
Operator
Apache Corporation
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-53271

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
344,096 mcf
Oil in Jul 2026
11,639 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for PARKS-COYOTE 1506 G, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 161,278 bbl in the 12 months through Jul 2026, against 226,582 bbl in the 12 months before.Last 12 months: 161,278 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for PARKS-COYOTE 1506 G, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 161,278 bbl in the 12 months through Jul 2026, against 226,582 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 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 15.9% of the gas in Apr 2026.

  • 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 G 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 15.9% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 15.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
89% of the gas went to a transmission line in the last 12 monthsShare of PARKS-COYOTE 1506 G 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 15.9% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 15.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 305,974 mcf

  • Flared (4)

    5.8% · 20,106 mcf

  • Lease fuel (1)

    4.4% · 15,138 mcf

  • Processing plant (3)

    0.8% · 2,878 mcf

5.8% of the gas flared in the last 12 months. 17 months above 3%.

3 wells on this lease

Wells on PARKS-COYOTE 1506 G
API numberWell no.Status
42-329-432957HMActive
42-329-4504514HSActive
42-329-4505119HSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Dec 22, 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 22, 2019Jun 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Dec 22, 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 G
API numberWell no.Acreson the permit
42-329-4504514HS1,294
42-329-4505119HS1,294
42-329-432957HM1,294

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 G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611,63911,62827,40324,8721,477$80.46$2.89
Jun 20269,2539,30416,74413,4711,939$84.81$3.15
May 202610,37910,25321,95319,2201,305$102.13$2.94
Apr 20263,0093,17620,30615,8203,219$100.32$2.77
Mar 202615,90115,88219,32516,5371,243$91.38$3.04
Feb 202614,68614,64622,11019,968904$64.51$3.62
Jan 202613,93013,96327,64926,512162$60.04$7.72
Dec 202514,76014,77828,63927,33419$57.97$4.26
Nov 202515,65115,66232,48929,2752,035$60.06$3.79
Oct 202519,25919,22647,26143,4562,627$60.89$3.19
Sep 202517,34717,33040,96735,4614,189$63.96$2.97
Aug 202515,46415,47539,25036,926987$64.86$2.91
Jul 202514,20414,27526,23624,439840$68.39$3.20
Jun 202514,56314,62124,95422,8161,051$68.17$3.02
May 202518,16218,13533,18431,82117$62.17$3.12
Apr 202518,15518,08930,79629,247245$63.54$3.42
Mar 202515,21715,24726,20524,7825$68.24$4.12
Feb 202517,04416,97632,58831,24949$71.53$4.19
Jan 202519,34119,46930,97629,634166$75.74$4.13
Dec 202420,71320,58031,17529,268448$70.12$3.01
Nov 202420,72420,71128,74527,022372$69.95$2.12
Oct 202422,98622,98336,40434,510543$71.99$2.20
Sep 202424,98524,99631,32528,7141,120$70.24$2.28
Aug 202420,48820,43522,08220,642189$76.68$1.99
Jul 202412,69212,74922,91521,285588$81.80$2.07
Jun 202421,05721,15924,74620,2523,499$79.77$2.54
May 202421,39521,36022,70321,005676$80.02$2.12
Apr 202425,18725,14031,91330,63750$85.35$1.60
Mar 202428,22628,22036,87735,459110$81.28$1.49
Feb 202427,55527,60635,72734,046320$77.25$1.72
Jan 202429,93329,99235,56732,8362,493$74.15$3.18
Dec 202331,94131,87140,17138,6621,432$71.90$2.52
Nov 202330,25230,28434,93732,5282,104$77.69$2.71
Oct 202331,81331,86435,11231,6002,222$85.64$2.98
Sep 202334,03834,03637,32835,801411$89.43$2.64
Aug 202337,76037,77941,77940,6051$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.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorApache CorporationFieldSpraberry (Trend Area)CountyMidland County

Apache Corporation in Midland County

All Apache Corporation leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km