Texas oil lease
ProducingPOLO 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
- Operator
- Apache Corporation
- County
- Reeves County
- RRC lease
- 08-49599
Is your check right?
Where it sits
This 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
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)
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
- Apache Corporation Aug 2024 to now
- Callon Petroleum Operating Co Oct 2021 to Jul 2024
- Primexx Operating Corporation Jan 2020 to Sep 2021
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
4 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-389-36261 | 11H | Active |
| 42-389-39320 | 2H | Active |
| 42-389-39321 | 4H | Active |
| 42-389-39322 | 5H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 50 | Dec 1, 2023 | – |
| Eastex Crude Company, LLC | Oil | Gathers | 10 | Dec 1, 2023 | – |
| Energy Trans Crude Marketing LLC | Oil | Gathers | 10 | Dec 1, 2023 | – |
| Enterprise Crude Oil LLC | Oil | Gathers | 10 | Dec 1, 2023 | – |
| Plains Marketing, L.p. | Oil | Gathers | 10 | Dec 1, 2023 | – |
| Rio Energy International, Inc. | Oil | Gathers | 10 | Dec 1, 2023 | – |
| Energy Transfer Company | Casinghead gas | Buys | 100 | Nov 1, 2021 | – |
| Eagleclaw Midstream Ventures,llc | Casinghead gas | Gathers | 100 | Nov 1, 2021 | – |
| Energy Trans Crude Marketing LLC | Oil | Gathers | 5 | Jan 1, 2023 | Dec 1, 2023 |
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 85 | Jan 1, 2023 | Dec 1, 2023 |
| Plains Marketing, L.p. | Oil | Gathers | 5 | Jan 1, 2023 | Dec 1, 2023 |
| Rio Energy International, Inc. | Oil | Gathers | 5 | Jan 1, 2023 | Dec 1, 2023 |
| Enterprise Crude Oil LLC | Oil | Gathers | 15 | Nov 1, 2021 | Jan 1, 2023 |
| Oryx Delaware Oil Transport LLC | Oil | Gathers | 70 | Nov 1, 2021 | Jan 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-389-39320 | 2H | Feb 17, 2021 | Jul 18, 2021 | 1,120 |
| 42-389-39321 | 4H | Feb 17, 2021 | Jul 17, 2021 | 1,120 |
| 42-389-39322 | 5H | Feb 17, 2021 | Jul 17, 2021 | 1,120 |
| 42-389-36261 | 11H | Aug 17, 2017 | Dec 10, 2017 | 480 |
| 42-389-34715 | 3H | Dec 17, 2014 | Apr 18, 2015 | 640 |
| 42-389-34438 | 1H | Sep 2, 2014 | Aug 8, 2017 | 640 |
What APA Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.24 | $0.60 | $25.41 | SEC filing |
| Q1 2026 | $78.69 | $2.12 | $20.96 | SEC filing |
| Q4 2025 | $61.03 | $2.10 | $20.95 | SEC filing |
| Q3 2025 | $67.43 | $2.25 | $20.65 | SEC filing |
| Q2 2025 | $65.58 | $2.28 | $20.49 | SEC filing |
| Q1 2025 | $73.73 | $2.81 | $28.75 | SEC filing |
SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Apache Corporation | 6,543 | 6,509 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Apache Corporation | 6,058 | 6,119 | 20,026 | 19,233 | 790 | $84.81 | $3.15 |
| May 2026Apache Corporation | 5,715 | 6,251 | 17,355 | 16,995 | 0 | $102.13 | $2.94 |
| Apr 2026Apache Corporation | 6,879 | 6,271 | 18,315 | 17,415 | 0 | $100.32 | $2.77 |
| Mar 2026Apache Corporation | 6,698 | 6,716 | 19,277 | 18,347 | 0 | $91.38 | $3.04 |
| Feb 2026Apache Corporation | 5,748 | 5,790 | 15,451 | 14,278 | 0 | $64.51 | $3.62 |
| Jan 2026Apache Corporation | 6,433 | 6,453 | 17,392 | 16,135 | 0 | $60.04 | $7.72 |
| Dec 2025Apache Corporation | 7,514 | 7,632 | 20,684 | 19,170 | 237 | $57.97 | $4.26 |
| Nov 2025Apache Corporation | 6,435 | 6,003 | 13,945 | 12,528 | 156 | $60.06 | $3.79 |
| Oct 2025Apache Corporation | 6,393 | 6,395 | 13,332 | 12,149 | 0 | $60.89 | $3.19 |
| Sep 2025Apache Corporation | 4,362 | 4,382 | 9,169 | 8,269 | 0 | $63.96 | $2.97 |
| Aug 2025Apache Corporation | 2,700 | 2,765 | 4,001 | 3,071 | 0 | $64.86 | $2.91 |
| Jul 2025Apache Corporation | 5,919 | 5,984 | 14,240 | 13,310 | 0 | $68.39 | $3.20 |
| Jun 2025Apache Corporation | 5,556 | 5,472 | 14,238 | 13,338 | 0 | $68.17 | $3.02 |
| May 2025Apache Corporation | 6,990 | 6,936 | 19,128 | 16,559 | 1,729 | $62.17 | $3.12 |
| Apr 2025Apache Corporation | 3,131 | 3,042 | 4,715 | 3,709 | 106 | $63.54 | $3.42 |
| Mar 2025Apache Corporation | 5,725 | 5,984 | 15,498 | 14,355 | 213 | $68.24 | $4.12 |
| Feb 2025Apache Corporation | 6,494 | 6,309 | 13,678 | 12,221 | 302 | $71.53 | $4.19 |
| Jan 2025Apache Corporation | 6,096 | 6,555 | 14,863 | 12,200 | 1,390 | $75.74 | $4.13 |
| Dec 2024Apache Corporation | 4,588 | 4,299 | 26,708 | 20,483 | 5,056 | $70.12 | $3.01 |
| Nov 2024Apache Corporation | 5,150 | 5,278 | 22,055 | 19,649 | 1,259 | $69.95 | $2.12 |
| Oct 2024Apache Corporation | 7,507 | 7,539 | 24,644 | 23,146 | 226 | $71.99 | $2.20 |
| Sep 2024Apache Corporation | 6,666 | 6,358 | 19,938 | 18,983 | 44 | $70.24 | $2.28 |
| Aug 2024Apache Corporation | 5,043 | 5,300 | 17,719 | 16,769 | 12 | $76.68 | $1.99 |
| Jul 2024Callon Petroleum | 7,869 | 7,618 | 33,768 | 32,928 | 620 | $81.80 | $2.07 |
| Jun 2024Callon Petroleum | 8,381 | 8,928 | 36,786 | 35,820 | 754 | $79.77 | $2.54 |
| May 2024Callon Petroleum | 9,455 | 8,951 | 42,869 | 41,692 | 951 | $80.02 | $2.12 |
| Apr 2024Callon Petroleum | 9,936 | 9,920 | 47,527 | 46,679 | 609 | $85.35 | $1.60 |
| Mar 2024Callon Petroleum | 10,571 | 10,697 | 50,309 | 48,811 | 922 | $81.28 | $1.49 |
| Feb 2024Callon Petroleum | 10,947 | 10,814 | 48,896 | 47,319 | 1,342 | $77.25 | $1.72 |
| Jan 2024Callon Petroleum | 11,460 | 11,463 | 51,135 | 49,199 | 1,528 | $74.15 | $3.18 |
| Dec 2023Callon Petroleum | 11,970 | 12,037 | 53,831 | 52,422 | 1,070 | $71.90 | $2.52 |
| Nov 2023Callon Petroleum | 12,487 | 12,484 | 51,321 | 48,786 | 2,281 | $77.69 | $2.71 |
| Oct 2023Callon Petroleum | 12,153 | 12,381 | 46,583 | 42,211 | 4,010 | $85.64 | $2.98 |
| Sep 2023Callon Petroleum | 12,868 | 12,658 | 47,457 | 44,080 | 2,832 | $89.43 | $2.64 |
| Aug 2023Callon Petroleum | 12,494 | 12,468 | 47,111 | 44,496 | 2,058 | $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.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Apache Corporation in Reeves County
- PRESTIGE WORLDWIDE STATE C
488,673 mcf
- POCONO WEST A4
634,821 mcf
- KESEY UNIT 10-7
63,870 bbl
- CROWLEY-SAUL A1
373,931 mcf
- TOWNSEN A2
450,099 mcf
- GRAHAM UNIT 140-141
62,494 bbl
- PRESTIGE WORLDWIDE STATE
450,689 mcf
- NIMITZ UNIT 187-188W
58,804 bbl
- BAD BRAINS STATE
69,393 bbl
- CROWLEY-SAUL A3
215,211 mcf
Wolfbone (Trend Area) field
- HORNET STATE 26-27 UNIT A
66,513 bbl
- TREEHORN 44
47,266 bbl
- BAGPIPE STATE 13-0-269-27 G
73,451 bbl
- MAJESTIC STATE 51-13-12 C
70,473 bbl
- KESEY UNIT 10-7
63,870 bbl
- BEXAR 46-3 EAST UNIT 2
71,438 bbl
- REEVES TXL FEE T7-50-21
61,574 bbl
- BAGPIPE STATE 13-0-269-27 F
67,628 bbl
- BAGPIPE STATE 13-0-269-27 D
73,106 bbl
- GRAHAM UNIT 140-141
62,494 bbl
Leases within 10 km
- POLO GROUNDS 150
0 bbl · 0.3 km
- ZACATE UNIT 151-152W
42,587 bbl · 0.4 km
- ZACATE UNIT 151-152E
33,385 bbl · 0.5 km
- NIMITZ UNIT 187-188W
58,804 bbl · 1 km
- WRIGLEY 187
0 bbl · 1.2 km
- NIMITZ 187-188E
21,203 bbl · 1.5 km
- GRAHAM UNIT 140-141
2,396 bbl · 1.5 km
- FENWAY 141
0 bbl · 1.5 km
- PISTOLA 186
3,237 bbl · 1.6 km
- ROBERTA UNIT 141-140E
18,174 bbl · 1.6 km
Drilling permits within 10 km
BLACK COBRA 1-2 UNIT A #7H
new drill · horizontal · Perun Energy LLC · Reeves County · 8.8 km
Permit 0918018 · Aug 21, 2026
BLACK COBRA 1-2 UNIT B #5H
new drill · horizontal · Perun Energy LLC · Reeves County · 8.8 km
Permit 0918007 · Aug 21, 2026
BLACK COBRA 1-2 UNIT B #6H
new drill · horizontal · Perun Energy LLC · Reeves County · 8.8 km
Permit 0918009 · Aug 21, 2026
GRAVY 297 #4706U
new drill · horizontal · Greenlake Energy Operating, LLC · Reeves County · 9.7 km
Permit 0913064 · Jan 26, 2026
GRAVY 298 #4707U
new drill · horizontal · Greenlake Energy Operating, LLC · Reeves County · 9.7 km
Permit 0913069 · Jan 26, 2026