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Texas oil lease

Producing

SAU 40-4

Sau 40-4 is an oil lease in Reagan County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

4 wells

592bbl oil, last 12 months−4% vs prior year
Operator
Apache Corporation
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-16632

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
3,839 mcf
Oil in Jul 2026
12 bbl

Production by month

Oil output fell 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for SAU 40-4, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 592 bbl in the 12 months through Jul 2026, against 614 bbl in the 12 months before.Last 12 months: 592 bblbbl per monthmcf per month00505001001,0001501,5002002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for SAU 40-4, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 592 bbl in the 12 months through Jul 2026, against 614 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 16.6% of the gas in Jul 2026.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of SAU 40-4 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.6% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 16.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of SAU 40-4 gas by disposition code each month, Aug 2023 to Jul 2026. 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 16.6% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 16.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 3,786 mcf

  • Flared (4)

    1.4% · 53 mcf

1.4% of the gas flared in the last 12 months. One month above 3%.

4 wells on this lease

Wells on SAU 40-4
API numberWell no.Status
42-383-360764Active
42-383-360864BShut-in
42-383-360954AShut-in
42-383-380264CActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Jul 1, 2013
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for Sau 40-4
API numberWell no.Acreson the permit
42-383-380264C160
42-383-360864B160
42-383-360954A160
42-383-360764160

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 SAU 40-4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026121124720641$80.46$2.89
Jun 2026892412374$84.81$3.15
May 202614132912883$102.13$2.94
Apr 202616162762760$100.32$2.77
Mar 202613132382380$91.38$3.04
Feb 20260262212210$64.51$3.62
Jan 202639483453450$60.04$7.72
Dec 202534653073034$57.97$4.26
Nov 202557713313301$60.06$3.79
Oct 2025109854394390$60.89$3.19
Sep 20251271283243240$63.96$2.97
Aug 20251631915795790$64.86$2.91
Jul 20251241255735730$68.39$3.20
Jun 202501171361360$68.17$3.02
May 2025001511510$62.17$3.12
Apr 20253894854850$63.54$3.42
Mar 20251905655650$68.24$4.12
Feb 20256746816810$71.53$4.19
Jan 20251006376370$75.74$4.13
Dec 202463806356350$70.12$3.01
Nov 2024431174834830$69.95$2.12
Oct 202410089159150$71.99$2.20
Sep 2024661558008000$70.24$2.28
Aug 20248408878870$76.68$1.99
Jul 2024581311,0151,0150$81.80$2.07
Jun 202410401,0261,0260$79.77$2.54
May 20241171341,0441,0440$80.02$2.12
Apr 2024961397927920$85.35$1.60
Mar 20241111419259250$81.28$1.49
Feb 20241041501,1821,1820$77.25$1.72
Jan 202414001,0571,0570$74.15$3.18
Dec 20231491571,0851,0850$71.90$2.52
Nov 20231151561,0981,0980$77.69$2.71
Oct 20231281501,3471,3470$85.64$2.98
Sep 20231221671,3311,3310$89.43$2.64
Aug 20231191741,3531,3521$81.39$2.58

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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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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