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Texas oil lease

Producing

SAU 28-4

Sau 28-4 is an oil lease in Reagan County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

3 wells

75bbl oil, last 12 months−92% vs prior year
Operator
Apache Corporation
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-14552

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
3,726 mcf
Oil in Jul 2026
1 bbl

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 9% of the 9 months before.

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 92% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 92% over the last 12 monthsMonthly oil production and gas for SAU 28-4, Aug 2023 to Jul 2026. Oil output fell 92% over the last 12 months. 75 bbl in the 12 months through Jul 2026, against 926 bbl in the 12 months before.Last 12 months: 75 bblbbl per monthmcf per month0050200100400150600200800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 92% over the last 12 monthsMonthly oil production and gas for SAU 28-4, Aug 2023 to Jul 2026. Oil output fell 92% over the last 12 months. 75 bbl in the 12 months through Jul 2026, against 926 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050200100400150600200800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

Flaring peaked at 16.5% of the gas in Jul 2026.

  • Processing plant (3)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of SAU 28-4 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.5% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 16.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of SAU 28-4 gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.5% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 16.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 3,858 mcf

  • Flared (4)

    2.3% · 92 mcf

2.3% of the gas flared in the last 12 months. One month above 3%.

3 wells on this lease

Wells on SAU 28-4
API numberWell no.Status
42-383-346584Shut-in
42-383-354544AShut-in
42-383-389104DActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Apache CorporationOilGathers100Dec 1, 2010
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015
Apache CorporationCasinghead gasGathers100Dec 1, 2010

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

Who buys my oilOil price check

80 acres on the newest permit

  • 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 Sau 28-4
API numberWell no.Acreson the permit
42-383-389104D80
42-383-354544A80
42-383-34658480

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 SAU 28-4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261133427955$80.46$2.89
Jun 2026014074016$84.81$3.15
May 2026324584535$102.13$2.94
Apr 2026224304273$100.32$2.77
Mar 2026113723693$91.38$3.04
Feb 2026123793727$64.51$3.62
Jan 202611125495436$60.04$7.72
Dec 202511145155096$57.97$4.26
Nov 202510122822811$60.06$3.79
Oct 2025616000$60.89$3.19
Sep 2025736000$63.96$2.97
Aug 20252238000$64.86$2.91
Jul 2025233940400$68.39$3.20
Jun 2025515988880$68.17$3.02
May 2025949496960$62.17$3.12
Apr 202554201321320$63.54$3.42
Mar 202551881501500$68.24$4.12
Feb 202587981981980$71.53$4.19
Jan 202599972032030$75.74$4.13
Dec 202485772142140$70.12$3.01
Nov 2024741301861860$69.95$2.12
Oct 2024107832952950$71.99$2.20
Sep 20246702172170$70.24$2.28
Aug 20241341514084080$76.68$1.99
Jul 20241812764064060$81.80$2.07
Jun 2024148864104100$79.77$2.54
May 202488813623620$80.02$2.12
Apr 202480812752750$85.35$1.60
Mar 202491762212210$81.28$1.49
Feb 202462912012010$77.25$1.72
Jan 20247401811810$74.15$3.18
Dec 20231612372672670$71.90$2.52
Nov 20231351032832830$77.69$2.71
Oct 2023100672732730$85.64$2.98
Sep 202353592842840$89.43$2.64
Aug 202350762942940$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

OperatorApache CorporationFieldSpraberry (Trend Area)CountyReagan County

Apache Corporation in Reagan County

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Spraberry (Trend Area) field

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