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Texas oil lease

Producing

POLO GROUNDS UNIT 150-149

Polo Grounds Unit 150-149 is an oil lease in Reeves County, Texas, operated by Apache Corporation in the Wolfbone (Trend Area) field.

4 wells

71,478bbl oil, last 12 months+4% vs prior year
RRC lease
08-49599

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
168,947 mcf
Oil in Jul 2026
6,543 bbl

Production by month

Oil output rose 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for POLO GROUNDS UNIT 150-149, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 71,478 bbl in the 12 months through Jul 2026, against 68,865 bbl in the 12 months before.Last 12 months: 71,478 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for POLO GROUNDS UNIT 150-149, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 71,478 bbl in the 12 months through Jul 2026, against 68,865 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 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 18.9% of the gas in Dec 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 POLO GROUNDS UNIT 150-149 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 18.9% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineFlared 18.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of POLO GROUNDS UNIT 150-149 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 18.9% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Aug 24: plant to lineFlared 18.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 170,900 mcf

  • Lease fuel (1)

    6.1% · 11,104 mcf

  • Flared (4)

    0.6% · 1,183 mcf

0.6% of the gas flared in the last 12 months. 9 months above 3%.

Who has run this lease

The operator changed 2 times, most recently in Aug 2024

Operators of this lease over timePrimexx Operating Corporation, Jan 2020 to Sep 2021; Callon Petroleum Operating Co, Oct 2021 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Oct 2021Changed Aug 2024Primexx Operating CorporationJan 2020 to Sep 2021Callon Petroleum Operating CoOct 2021 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timePrimexx Operating Corporation, Jan 2020 to Sep 2021; Callon Petroleum Operating Co, Oct 2021 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Oct 2021Changed Aug 2024Primexx Operating CorporationJan 2020 to Sep 2021Callon Petroleum Operating CoOct 2021 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on POLO GROUNDS UNIT 150-149
API numberWell no.Status
42-389-3626111HActive
42-389-393202HActive
42-389-393214HActive
42-389-393225HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCOilGathers50Dec 1, 2023–
Eastex Crude Company, LLCOilGathers10Dec 1, 2023–
Energy Trans Crude Marketing LLCOilGathers10Dec 1, 2023–
Enterprise Crude Oil LLCOilGathers10Dec 1, 2023–
Plains Marketing, L.p.OilGathers10Dec 1, 2023–
Rio Energy International, Inc.OilGathers10Dec 1, 2023–
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2021–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Nov 1, 2021–
Energy Trans Crude Marketing LLCOilGathers5Jan 1, 2023Dec 1, 2023
Oryx Delaware Oil Transport LLCOilGathers85Jan 1, 2023Dec 1, 2023
Plains Marketing, L.p.OilGathers5Jan 1, 2023Dec 1, 2023
Rio Energy International, Inc.OilGathers5Jan 1, 2023Dec 1, 2023
Enterprise Crude Oil LLCOilGathers15Nov 1, 2021Jan 1, 2023
Oryx Delaware Oil Transport LLCOilGathers70Nov 1, 2021Jan 1, 2023

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

1,120 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 480 and 1,120 acres. Use the acres from your own division order for the well you are paid on.

  • 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 Polo Grounds Unit 150-149
API numberWell no.Acreson the permit
42-389-393202H1,120
42-389-393214H1,120
42-389-393225H1,120
42-389-3626111H480
42-389-347153H640
42-389-344381H640

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 POLO GROUNDS UNIT 150-149
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation6,5436,509000$80.46$2.89
Jun 2026Apache Corporation6,0586,11920,02619,233790$84.81$3.15
May 2026Apache Corporation5,7156,25117,35516,9950$102.13$2.94
Apr 2026Apache Corporation6,8796,27118,31517,4150$100.32$2.77
Mar 2026Apache Corporation6,6986,71619,27718,3470$91.38$3.04
Feb 2026Apache Corporation5,7485,79015,45114,2780$64.51$3.62
Jan 2026Apache Corporation6,4336,45317,39216,1350$60.04$7.72
Dec 2025Apache Corporation7,5147,63220,68419,170237$57.97$4.26
Nov 2025Apache Corporation6,4356,00313,94512,528156$60.06$3.79
Oct 2025Apache Corporation6,3936,39513,33212,1490$60.89$3.19
Sep 2025Apache Corporation4,3624,3829,1698,2690$63.96$2.97
Aug 2025Apache Corporation2,7002,7654,0013,0710$64.86$2.91
Jul 2025Apache Corporation5,9195,98414,24013,3100$68.39$3.20
Jun 2025Apache Corporation5,5565,47214,23813,3380$68.17$3.02
May 2025Apache Corporation6,9906,93619,12816,5591,729$62.17$3.12
Apr 2025Apache Corporation3,1313,0424,7153,709106$63.54$3.42
Mar 2025Apache Corporation5,7255,98415,49814,355213$68.24$4.12
Feb 2025Apache Corporation6,4946,30913,67812,221302$71.53$4.19
Jan 2025Apache Corporation6,0966,55514,86312,2001,390$75.74$4.13
Dec 2024Apache Corporation4,5884,29926,70820,4835,056$70.12$3.01
Nov 2024Apache Corporation5,1505,27822,05519,6491,259$69.95$2.12
Oct 2024Apache Corporation7,5077,53924,64423,146226$71.99$2.20
Sep 2024Apache Corporation6,6666,35819,93818,98344$70.24$2.28
Aug 2024Apache Corporation5,0435,30017,71916,76912$76.68$1.99
Jul 2024Callon Petroleum7,8697,61833,76832,928620$81.80$2.07
Jun 2024Callon Petroleum8,3818,92836,78635,820754$79.77$2.54
May 2024Callon Petroleum9,4558,95142,86941,692951$80.02$2.12
Apr 2024Callon Petroleum9,9369,92047,52746,679609$85.35$1.60
Mar 2024Callon Petroleum10,57110,69750,30948,811922$81.28$1.49
Feb 2024Callon Petroleum10,94710,81448,89647,3191,342$77.25$1.72
Jan 2024Callon Petroleum11,46011,46351,13549,1991,528$74.15$3.18
Dec 2023Callon Petroleum11,97012,03753,83152,4221,070$71.90$2.52
Nov 2023Callon Petroleum12,48712,48451,32148,7862,281$77.69$2.71
Oct 2023Callon Petroleum12,15312,38146,58342,2114,010$85.64$2.98
Sep 2023Callon Petroleum12,86812,65847,45744,0802,832$89.43$2.64
Aug 2023Callon Petroleum12,49412,46847,11144,4962,058$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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