Texas oil lease
ProducingRAG RUN 134 SOUTH
Rag Run 134 South is an oil lease in Ward County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.
1 well
- Operator
- Apache Corporation
- County
- Ward County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-50371
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 24,455 mcf
- Oil in Jul 2026
- 284 bbl
Production by month
Oil output rose 11% 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 Mar 2025 the lease's gas goes to a transmission line instead of lease fuel
Flaring peaked at 100.0% of the gas in Sep 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
100% · 24,343 mcf
Lease fuel (1)
0.4% · 103 mcf
Flared (4)
0.0% · 9 mcf
Who has run this lease
The operator changed once, most recently in Aug 2024
- Apache Corporation Aug 2024 to now
- Callon Petroleum Operating Co Jan 2020 to Jul 2024
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-475-37478 | 25CH | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 50 | Jan 1, 2025 | – |
| Plains Pipeline L.p. | Oil | Gathers | 50 | Jan 1, 2025 | – |
| Brazos Midstream Operating, LLC | Casinghead gas | Buys | 100 | Jun 15, 2018 | – |
| Brazos Midstream Operating, LLC | Casinghead gas | Gathers | 100 | Jun 15, 2018 | – |
| Medallion Operating Company, LLC | Oil | Gathers | 75 | Jun 15, 2018 | Jan 1, 2025 |
| Rio Energy International, Inc. | Oil | Gathers | 25 | Jun 15, 2018 | Jan 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
322.03 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-475-37478 | 25CH | Dec 31, 2018 | Jun 15, 2018 | 322.03 |
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 | 284 | 288 | 1,126 | 1,122 | 4 | $80.46 | $2.89 |
| Jun 2026Apache Corporation | 258 | 250 | 2,157 | 2,156 | 1 | $84.81 | $3.15 |
| May 2026Apache Corporation | 233 | 234 | 2,291 | 2,291 | 0 | $102.13 | $2.94 |
| Apr 2026Apache Corporation | 371 | 367 | 3,090 | 3,089 | 1 | $100.32 | $2.77 |
| Mar 2026Apache Corporation | 213 | 211 | 3,157 | 3,157 | 0 | $91.38 | $3.04 |
| Feb 2026Apache Corporation | 126 | 132 | 2,475 | 2,467 | 1 | $64.51 | $3.62 |
| Jan 2026Apache Corporation | 292 | 328 | 1,576 | 1,556 | 2 | $60.04 | $7.72 |
| Dec 2025Apache Corporation | 594 | 578 | 1,010 | 975 | 0 | $57.97 | $4.26 |
| Nov 2025Apache Corporation | 503 | 480 | 2,095 | 2,066 | 0 | $60.06 | $3.79 |
| Oct 2025Apache Corporation | 235 | 253 | 1,868 | 1,854 | 0 | $60.89 | $3.19 |
| Sep 2025Apache Corporation | 315 | 303 | 3,054 | 3,054 | 0 | $63.96 | $2.97 |
| Aug 2025Apache Corporation | 285 | 282 | 556 | 556 | 0 | $64.86 | $2.91 |
| Jul 2025Apache Corporation | 206 | 220 | 455 | 455 | 0 | $68.39 | $3.20 |
| Jun 2025Apache Corporation | 418 | 408 | 1,619 | 1,619 | 0 | $68.17 | $3.02 |
| May 2025Apache Corporation | 343 | 338 | 1,520 | 1,520 | 0 | $62.17 | $3.12 |
| Apr 2025Apache Corporation | 196 | 187 | 996 | 996 | 0 | $63.54 | $3.42 |
| Mar 2025Apache Corporation | 13 | 12 | 194 | 194 | 0 | $68.24 | $4.12 |
| Feb 2025Apache Corporation | 0 | 24 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Apache Corporation | 215 | 219 | 13 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Apache Corporation | 376 | 369 | 16 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Apache Corporation | 334 | 330 | 16 | 0 | 0 | $69.95 | $2.12 |
| Oct 2024Apache Corporation | 375 | 373 | 128 | 37 | 75 | $71.99 | $2.20 |
| Sep 2024Apache Corporation | 432 | 432 | 12 | 0 | 12 | $70.24 | $2.28 |
| Aug 2024Apache Corporation | 428 | 432 | 0 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Callon Petroleum | 440 | 443 | 1,245 | 1,240 | 5 | $81.80 | $2.07 |
| Jun 2024Callon Petroleum | 448 | 443 | 968 | 965 | 0 | $79.77 | $2.54 |
| May 2024Callon Petroleum | 487 | 485 | 1,540 | 1,533 | 3 | $80.02 | $2.12 |
| Apr 2024Callon Petroleum | 411 | 426 | 1,074 | 1,061 | 9 | $85.35 | $1.60 |
| Mar 2024Callon Petroleum | 503 | 485 | 1,129 | 1,102 | 24 | $81.28 | $1.49 |
| Feb 2024Callon Petroleum | 444 | 446 | 325 | 324 | 0 | $77.25 | $1.72 |
| Jan 2024Callon Petroleum | 507 | 507 | 558 | 555 | 0 | $74.15 | $3.18 |
| Dec 2023Callon Petroleum | 535 | 535 | 779 | 776 | 0 | $71.90 | $2.52 |
| Nov 2023Callon Petroleum | 505 | 506 | 1,198 | 1,190 | 5 | $77.69 | $2.71 |
| Oct 2023Callon Petroleum | 547 | 551 | 1,423 | 1,385 | 35 | $85.64 | $2.98 |
| Sep 2023Callon Petroleum | 703 | 701 | 1,699 | 1,693 | 2 | $89.43 | $2.64 |
| Aug 2023Callon Petroleum | 591 | 592 | 524 | 520 | 0 | $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
Apache Corporation in Ward County
- INTIMIDATION 33-63
5,296 bbl
- GRACE CARTER 56
59,126 mcf
- VICKERS '34-127'
5,473 bbl
- BARRIERS 34-122 UNIT
5,465 bbl
- CASPER A2
8,292 mcf
- U-TEX 82686
5,293 bbl
- REEF RUNNER STATE 162
7,866 mcf
- UNIVERSITY 18-22 B
4,704 bbl
- TADPOLLY 148
1,512 mcf
- LOBO 34-147
2,438 bbl
Phantom (Wolfcamp) field
- SANDLOT STATE
87,393 mcf
- RIVERTON 57-2-19
23,077 mcf
- HOEFS TRUST
4,604 bbl
- MOCKINGBIRD STATE UNIT 9
21,308 mcf
- H.B. MORRISON
21,311 mcf
- RED ROCK 6-6
4,183 bbl
- GREENWICH 57-3142
38,430 mcf
- RICHBURG UNIT
18,019 mcf
- FORTRESS STATE UNIT
53,106 mcf
- CHAPARRAL 89
22,708 mcf
Leases within 10 km
- WILSON, NED -133-
0 bbl · 0.2 km
- WILSON, JOHN H. TRUSTEE "B"
0 bbl · 0.4 km
- WALKER, RHODA OIL UNIT NO.2
0 bbl · 0.5 km
- RAG RUN SOUTH
7,184 bbl · 0.5 km
- AVARY "D"
0 bbl · 0.7 km
- J.V. WILSON 146
55,423 bbl · 1 km
- THOMSON ESTATE "A"
0 bbl · 1.1 km
- DRAINAGE A2
98,839 bbl · 1.2 km
- DRAINAGE A3
48,004 bbl · 1.2 km
- DRAINAGE A1
57,502 bbl · 1.2 km
Drilling permits within 10 km
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Permit 0916135 · Jun 4, 2026
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Permit 0916137 · Jun 4, 2026
EAST ELUSIVE JAZZ BS 167-168 #2TS
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Permit 0916136 · Jun 4, 2026
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STATE OF TEXAS -DC- #13
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Permit 0914664 · Apr 10, 2026