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Texas oil lease

Producing

REDTAIL 48

Redtail 48 is an oil lease in Glasscock County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

4 wells

3,061bbl oil, last 12 months+2% vs prior year
Operator
Apache Corporation
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-44057

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
33,294 mcf
Oil in Jul 2026
243 bbl

Production by month

Oil output held steady over the last 12 months

Jun 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for REDTAIL 48, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,812 bbl in the 12 months through Jul 2026, against 2,765 bbl in the 12 months before.Last 12 months: 2,812 bblbbl per monthmcf per month002002,0004004,0006006,0008008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for REDTAIL 48, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,812 bbl in the 12 months through Jul 2026, against 2,765 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002,0004004,0006006,0008008,000Jan 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 37.0% of the gas in May 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of REDTAIL 48 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 37.0% of the gas in May 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 37.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of REDTAIL 48 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 37.0% of the gas in May 2025.Share of gas by disposition code0%50%100%Flared 37.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 32,431 mcf

  • Flared (4)

    2.4% · 804 mcf

  • Transmission line (2)

    0.2% · 59 mcf

2.4% of the gas flared in the last 12 months. 8 months above 3%.

4 wells on this lease

Wells on REDTAIL 48
API numberWell no.Status
42-173-355761Active
42-173-359992Active
42-173-360003Active
42-173-363234Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Mar 1, 2025–
Enlink Gas Marketing, LPCasinghead gasBuys100Mar 1, 2025–
Apache CorporationCasinghead gasGathers100Apr 16, 2013–
Apache CorporationCasinghead gasBuys50Apr 16, 2013Mar 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Nov 1, 2015Mar 1, 2025
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021Mar 1, 2025
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022Mar 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 16, 2013Jul 1, 2021

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

Who buys my oilOil price check

320 acres on the newest permit

Permits for Redtail 48
API numberWell no.Acreson the permit
42-173-363234320
42-173-359992320
42-173-360003320
42-173-355761320

SourceRailroad Commission drilling permits, Sep 26, 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 REDTAIL 48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262432423,1073,1070$80.46$2.89
Jun 2026No report filed–––––$84.81$3.15
May 20262962952,8122,8120$102.13$2.94
Apr 20262682662,7812,601180$100.32$2.77
Mar 20261941952,5952,052543$91.38$3.04
Feb 20262282292,0902,0900$64.51$3.62
Jan 20262772752,3192,3190$60.04$7.72
Dec 20252532532,8652,8650$57.97$4.26
Nov 20252372372,8562,8524$60.06$3.79
Oct 20252632623,2033,16043$60.89$3.19
Sep 20252962973,1733,1730$63.96$2.97
Aug 20252572562,6352,6350$64.86$2.91
Jul 20252492492,8582,82434$68.39$3.20
Jun 20253063053,4363,066370$68.17$3.02
May 20251381391,9761,245731$62.17$3.12
Apr 20252452503,2322,947285$63.54$3.42
Mar 20252072003,1333,1330$68.24$4.12
Feb 20252312312,6282,6280$71.53$4.19
Jan 202565651,3691,3681$75.74$4.13
Dec 20241531532,1761,737439$70.12$3.01
Nov 20242712712,4832,4749$69.95$2.12
Oct 2024452932,1942,1940$71.99$2.20
Sep 20244784584,3814,3810$70.24$2.28
Aug 20243773193,9943,9940$76.68$1.99
Jul 20245043344,6544,474180$81.80$2.07
Jun 20241464785,0095,0090$79.77$2.54
May 20245524834,4274,4270$80.02$2.12
Apr 20243883223,4683,4680$85.35$1.60
Mar 20242481963,1173,1089$81.28$1.49
Feb 20241863123,3233,29429$77.25$1.72
Jan 20243183643,7353,7341$74.15$3.18
Dec 20233591594,2424,2420$71.90$2.52
Nov 20232772993,2913,22467$77.69$2.71
Oct 20233274553,4893,4854$85.64$2.98
Sep 20233142933,4123,304108$89.43$2.64
Aug 20232973482,4772,45720$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 Sep 28, 2026.

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This lease belongs to

OperatorApache CorporationFieldSpraberry (Trend Area)CountyGlasscock County

Apache Corporation in Glasscock County

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Spraberry (Trend Area) field

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