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Texas oil lease

Producing

RAG RUN SOUTH A4

Rag Run South A4 is an oil lease in Ward County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

1 well

58,601bbl oil, last 12 months−34% vs prior year
Operator
Apache Corporation
County
Ward County
Field
Phantom (Wolfcamp)
RRC lease
08-58788

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
127,195 mcf
Oil in Jul 2026
28 bbl

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for RAG RUN SOUTH A4, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 58,601 bbl in the 12 months through Jul 2026, against 89,000 bbl in the 12 months before.Last 12 months: 58,601 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for RAG RUN SOUTH A4, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 58,601 bbl in the 12 months through Jul 2026, against 89,000 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20k12.5k25kJan 24JulJan 25JulJan 26Jul

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

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuelShare of RAG RUN SOUTH A4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2025: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuelShare of RAG RUN SOUTH A4 gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Mar 25: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 126,095 mcf

  • Lease fuel (1)

    0.9% · 1,093 mcf

  • Flared (4)

    0.0% · 7 mcf

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCallon Petroleum Operating Co, Jun 2022 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262023202420252026Changed Aug 2024Callon Petroleum Operating CoJun 2022 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jun 2022 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262023202420252026Changed Aug 2024Callon Petroleum Operating CoJun 2022 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on RAG RUN SOUTH A4
API numberWell no.Status
42-475-3831012UAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers50Jan 1, 2025–
Plains Pipeline L.p.OilGathers50Jan 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasBuys100Jun 15, 2022–
Brazos Midstream Operating, LLCCasinghead gasGathers100Jun 15, 2022–
Medallion Operating Company, LLCOilGathers90Jun 15, 2022Jan 1, 2025
Rio Energy International, Inc.OilGathers10Jun 15, 2022Jan 1, 2025

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

Who buys my oilOil price check

667.50 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 Rag Run South A4
API numberWell no.Acreson the permit
42-475-3831012UA667.50

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 RAG RUN SOUTH A4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation2833844431$80.46$2.89
Jun 2026Apache Corporation4,4324,41110,93710,9352$84.81$3.15
May 2026Apache Corporation6,8606,78117,79717,7970$102.13$2.94
Apr 2026Apache Corporation7,3527,41118,89518,8941$100.32$2.77
Mar 2026Apache Corporation7,9697,85115,59515,5950$91.38$3.04
Feb 2026Apache Corporation3,9113,7597,6377,4131$64.51$3.62
Jan 2026Apache Corporation0831,6521,6502$60.04$7.72
Dec 2025Apache Corporation1,0471,4263,1343,0720$57.97$4.26
Nov 2025Apache Corporation7,5837,32911,87611,4430$60.06$3.79
Oct 2025Apache Corporation6,4906,81714,10913,7340$60.89$3.19
Sep 2025Apache Corporation6,5956,37713,36213,3620$63.96$2.97
Aug 2025Apache Corporation6,3346,37012,15712,1570$64.86$2.91
Jul 2025Apache Corporation6,6996,76416,20116,2010$68.39$3.20
Jun 2025Apache Corporation7,0256,86314,19314,1930$68.17$3.02
May 2025Apache Corporation6,0296,12411,09511,0950$62.17$3.12
Apr 2025Apache Corporation6,6217,05711,95211,9520$63.54$3.42
Mar 2025Apache Corporation10,3899,9929,5989,5980$68.24$4.12
Feb 2025Apache Corporation3,4353,64822500$71.53$4.19
Jan 2025Apache Corporation5,3485,5379,0318,6970$75.74$4.13
Dec 2024Apache Corporation10,50110,28918,97918,5230$70.12$3.01
Nov 2024Apache Corporation9,1179,01310,96910,5380$69.95$2.12
Oct 2024Apache Corporation10,26510,03811,92611,381102$71.99$2.20
Sep 2024Apache Corporation7,1737,14612,43812,41226$70.24$2.28
Aug 2024Apache Corporation6,3986,39313,85113,8510$76.68$1.99
Jul 2024Callon Petroleum6,3036,22210,55910,51445$81.80$2.07
Jun 2024Callon Petroleum3,3093,3684,8304,8062$79.77$2.54
May 2024Callon Petroleum7,1207,11314,91514,82827$80.02$2.12
Apr 2024Callon Petroleum6,7897,02513,58413,405108$85.35$1.60
Mar 2024Callon Petroleum8,1007,82016,04715,648345$81.28$1.49
Feb 2024Callon Petroleum7,4557,47313,91913,87816$77.25$1.72
Jan 2024Callon Petroleum8,1678,16614,63714,5801$74.15$3.18
Dec 2023Callon Petroleum8,6178,63014,94914,8940$71.90$2.52
Nov 2023Callon Petroleum8,4948,52116,05515,93865$77.69$2.71
Oct 2023Callon Petroleum9,5399,55220,19419,648490$85.64$2.98
Sep 2023Callon Petroleum9,6039,60219,81819,73822$89.43$2.64
Aug 2023Callon Petroleum9,3889,46421,44421,3814$81.39$2.58

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 CorporationFieldPhantom (Wolfcamp)CountyWard County

Apache Corporation in Ward County

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Phantom (Wolfcamp) field

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