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Texas oil lease

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SARATOGA A1

Saratoga A1 is an oil lease in Ward County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

1 well

9,020bbl oil, last 12 months−36% vs prior year
RRC lease
08-49311

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
13,440 mcf
Oil in Jul 2026
783 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: BRAZOS MIDSTREAM OPERATING, LLC replaced ENERGY TRANSFER COMPANY, TARGA MIDSTREAM SERVICES LLC as the buyer of this lease's gas from oil wells on Jan 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 36% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for SARATOGA A1, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 9,020 bbl in the 12 months through Jul 2026, against 14,139 bbl in the 12 months before.Last 12 months: 9,020 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for SARATOGA A1, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 9,020 bbl in the 12 months through Jul 2026, against 14,139 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of SARATOGA A1 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of SARATOGA A1 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on SARATOGA A1
API numberWell no.Status
42-475-372677LAActive

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 gasBuys100Jan 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasGathers100Jan 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Nov 3, 2017Jan 1, 2025
Energy Transfer CompanyCasinghead gasBuys2Nov 3, 2017Jan 1, 2025
Targa Midstream Services LLCCasinghead gasBuys98Nov 3, 2017Jan 1, 2025
Medallion Operating Company, LLCOilGathers90Feb 1, 2019Jan 1, 2025
Rio Energy International, Inc.OilGathers10Nov 3, 2017Jan 1, 2025
Enterprise Crude Oil LLCOilGathers90Nov 3, 2017Feb 1, 2019

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

1,280 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 Saratoga A1
API numberWell no.Acreson the permit
42-475-372677LA1,280

SourceRailroad Commission drilling permits, Oct 3, 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 SARATOGA A1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation7838281,1631,1630$80.46$2.89
Jun 2026Apache Corporation8108371,2701,2700$84.81$3.15
May 2026Apache Corporation8986771,3011,3010$102.13$2.94
Apr 2026Apache Corporation6756748708700$100.32$2.77
Mar 2026Apache Corporation9729033133130$91.38$3.04
Feb 2026Apache Corporation7059699339330$64.51$3.62
Jan 2026Apache Corporation6966374894890$60.04$7.72
Dec 2025Apache Corporation6036081,3401,3400$57.97$4.26
Nov 2025Apache Corporation5585149449440$60.06$3.79
Oct 2025Apache Corporation6936942,0612,0610$60.89$3.19
Sep 2025Apache Corporation7908321,4471,4470$63.96$2.97
Aug 2025Apache Corporation8379821,3091,3090$64.86$2.91
Jul 2025Apache Corporation9488452,4322,4320$68.39$3.20
Jun 2025Apache Corporation9651,1522,6312,6310$68.17$3.02
May 2025Apache Corporation7957972,9112,9110$62.17$3.12
Apr 2025Apache Corporation6515812,0842,0840$63.54$3.42
Mar 2025Apache Corporation1,1621,0625,4195,4190$68.24$4.12
Feb 2025Apache Corporation1,1961,155000$71.53$4.19
Jan 2025Apache Corporation1,2521,3031,4851,4850$75.74$4.13
Dec 2024Apache Corporation1,3341,3602,0682,0680$70.12$3.01
Nov 2024Apache Corporation1,4001,3222,3352,3350$69.95$2.12
Oct 2024Apache Corporation1,4351,3293,1053,1050$71.99$2.20
Sep 2024Apache Corporation1,3331,5442,1812,1810$70.24$2.28
Aug 2024Apache Corporation1,6681,2712,2132,2130$76.68$1.99
Jul 2024Callon Petroleum1,2941,4193,2592,2280$81.80$2.07
Jun 2024Callon Petroleum1,3041,3123,9742,63949$79.77$2.54
May 2024Callon Petroleum1,4421,5093,1922,2042$80.02$2.12
Apr 2024Callon Petroleum1,4171,6273,6232,5040$85.35$1.60
Mar 2024Callon Petroleum2,0792,1354,0972,9342$81.28$1.49
Feb 2024Callon Petroleum2,5582,4814,4993,14338$77.25$1.72
Jan 2024Callon Petroleum2,0451,9753,5482,33216$74.15$3.18
Dec 2023Callon Petroleum2,5102,7023,3572,36730$71.90$2.52
Nov 2023Callon Petroleum2,6432,5903,3252,35961$77.69$2.71
Oct 2023Callon Petroleum2,7862,7754,3773,080131$85.64$2.98
Sep 2023Callon Petroleum2,8362,6595,5404,13386$89.43$2.64
Aug 2023Callon Petroleum3,0862,9826,6255,09413$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

Apache Corporation in Ward County

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Phantom (Wolfcamp) field

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