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Texas oil lease

Producing

RAVEN 38

Raven 38 is an oil lease in Glasscock County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

4 wells

1,401bbl oil, last 12 months+31% vs prior year
RRC lease
08-44929

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
20,771 mcf
Oil in Jul 2026
83 bbl

Production by month

Oil output rose 31% over the last 12 months

Jun 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 31% over the last 12 monthsMonthly oil production and gas for RAVEN 38, Aug 2023 to Jul 2026. Oil output rose 31% over the last 12 months. 1,271 bbl in the 12 months through Jul 2026, against 973 bbl in the 12 months before.Last 12 months: 1,271 bblbbl per monthmcf per month001001,0002002,0003003,0004004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 31% over the last 12 monthsMonthly oil production and gas for RAVEN 38, Aug 2023 to Jul 2026. Oil output rose 31% over the last 12 months. 1,271 bbl in the 12 months through Jul 2026, against 973 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001001,0002002,0003003,0004004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 17.3% of the gas in May 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of RAVEN 38 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.3% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 17.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of RAVEN 38 gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 17.3% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 17.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 20,075 mcf

  • Flared (4)

    3.2% · 669 mcf

  • Transmission line (2)

    0.1% · 27 mcf

3.2% of the gas flared in the last 12 months. 7 months above 3%.

4 wells on this lease

Wells on RAVEN 38
API numberWell no.Status
42-173-360341Shut-in
42-173-363082Active
42-173-367523Active
42-173-367534Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers50Oct 9, 2013
Sunoco Pipeline L.p.OilGathers50Oct 9, 2013
Apache CorporationCasinghead gasBuys50Oct 9, 2013
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Nov 1, 2015
Apache CorporationCasinghead gasGathers100Oct 9, 2013

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

320 acres on the newest permit

Permits for Raven 38
API numberWell no.Acreson the permit
42-173-367523320
42-173-367534320
42-173-363082320
42-173-360341320

SourceRailroad Commission drilling permits, Sep 26, 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 RAVEN 38
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202683851,5281,5280$80.46$2.89
Jun 2026No report filed–––––$84.81$3.15
May 202680801,8431,8421$102.13$2.94
Apr 20261021021,8101,545265$100.32$2.77
Mar 20261311311,8391,654185$91.38$3.04
Feb 20261251251,6271,6270$64.51$3.62
Jan 20261481481,7741,7659$60.04$7.72
Dec 20251301291,7761,74828$57.97$4.26
Nov 20251161161,6641,64321$60.06$3.79
Oct 20251221221,7851,652133$60.89$3.19
Sep 20251251251,7201,7191$63.96$2.97
Aug 20251091091,6131,6112$64.86$2.91
Jul 20251301301,7921,76824$68.39$3.20
Jun 20251741741,9191,631288$68.17$3.02
May 202580801,052870182$62.17$3.12
Apr 20251311331,6721,62943$63.54$3.42
Mar 202591881,8291,8290$68.24$4.12
Feb 202547478708700$71.53$4.19
Jan 20251161161,0081,0071$75.74$4.13
Dec 2024232387683640$70.12$3.01
Nov 202400000$69.95$2.12
Oct 2024441641640$71.99$2.20
Sep 2024171801,3451,3432$70.24$2.28
Aug 20241601851,5771,5770$76.68$1.99
Jul 20243741861,6221,56755$81.80$2.07
Jun 202401931,3861,3860$79.77$2.54
May 20241651701,3241,3231$80.02$2.12
Apr 20241631891,0801,0800$85.35$1.60
Mar 20241922078008000$81.28$1.49
Feb 20242562476355780$77.25$1.72
Jan 20243751466485350$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202300000$77.69$2.71
Oct 20230118000$85.64$2.98
Sep 20231571812,3422,3348$89.43$2.64
Aug 2023139973,4513,40546$81.39$2.58

No report filed 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

Apache Corporation in Glasscock County

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Spraberry (Trend Area) field

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