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Texas oil lease

Producing

SILVER BULLET

Silver Bullet is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

21 wells

2,685,879bbl oil, last 12 months+252% vs prior year
RRC lease
08-58459

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
4,996,556 mcf
Oil in Jul 2026
131,428 bbl

Production by month

Oil output rose 252% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 252% over the last 12 monthsMonthly oil production and gas for SILVER BULLET, Aug 2023 to Jul 2026. Oil output rose 252% over the last 12 months. 2,685,879 bbl in the 12 months through Jul 2026, against 763,728 bbl in the 12 months before.Last 12 months: 2,685,879 bblbbl per monthmcf per month00100k200k200k400k300k600k400k800kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 252% over the last 12 monthsMonthly oil production and gas for SILVER BULLET, Aug 2023 to Jul 2026. Oil output rose 252% over the last 12 months. 2,685,879 bbl in the 12 months through Jul 2026, against 763,728 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100k200k200k400k300k600k400k800kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2025 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 15.9% of the gas in Jun 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2025 the lease's gas goes to a transmission line instead of a processing plantShare of SILVER BULLET gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 15.9% of the gas in Jun 2025.Share of the lease’s gas by disposition code, per month0%50%100%May 2025: plant to lineFlared 15.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2025 the lease's gas goes to a transmission line instead of a processing plantShare of SILVER BULLET gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2025 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 15.9% of the gas in Jun 2025.Share of gas by disposition code0%50%100%May 25: plant to lineFlared 15.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    68% · 3,406,168 mcf

  • Processing plant (3)

    27% · 1,337,138 mcf

  • Flared (4)

    4.3% · 214,667 mcf

  • Lease fuel (1)

    0.8% · 38,583 mcf

4.3% of the gas flared in the last 12 months. 11 months above 3%.

21 wells on this lease

Wells on SILVER BULLET
API numberWell no.Status
42-329-457041HMActive
42-329-457092HMActive
42-329-457103HMActive
42-329-457114HMActive
42-329-4691812HSActive
42-329-4692021HJActive
42-329-4692122HSActive
42-329-4692213HSActive
42-329-4692323HJActive
42-329-4692414HSActive
42-329-469328HSActive
42-329-469359HSActive
42-329-4693618HSActive
42-329-4694219HJActive
42-329-4694311HSActive
42-329-4694420HSActive
42-329-4694510HSActive
42-329-469896HSActive
42-329-4699015HJActive
42-329-469917HSActive
42-329-4699217HJShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Aug 31, 2022
Enterprise Products Operating LLCCasinghead gasBuys100Aug 31, 2022
Enterprise Products Operating LLCCasinghead gasGathers100Aug 31, 2022

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

1,294.50 acres on the newest permit

21 wells are listed on this lease

Permits for Silver Bullet
API numberWell no.Acreson the permit
42-329-469896HS1,294.50
42-329-4699015HJ1,294.50
42-329-469917HS1,294.50
42-329-4699217HJ1,294.50
42-329-469328HS1,294.50
42-329-469359HS1,294.50
42-329-4693618HS1,294.50
42-329-4694219HJ1,294.50
42-329-4694311HS1,294.50
42-329-4694420HS1,294.50
42-329-4694510HS1,294.50
42-329-4692414HS1,294.50

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 SILVER BULLET
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026131,428131,238578,987570,2796,890$80.46$2.89
Jun 2026134,320134,413554,638532,27120,588$84.81$3.15
May 2026156,917156,957572,316564,4096,005$102.13$2.94
Apr 2026164,683164,986535,542521,24612,018$100.32$2.77
Mar 2026202,561201,805536,369460,84372,350$91.38$3.04
Feb 2026210,868212,135425,915382,03040,234$64.51$3.62
Jan 2026269,245268,663475,867448,62522,581$60.04$7.72
Dec 2025291,205291,328398,915386,8027,100$57.97$4.26
Nov 2025264,975264,566263,952252,6047,591$60.06$3.79
Oct 2025262,609264,028179,694169,7225,837$60.89$3.19
Sep 2025260,410259,910192,988185,3525,265$63.96$2.97
Aug 2025336,658337,757281,373269,1238,208$64.86$2.91
Jul 2025232,320231,143392,070382,3145,209$68.39$3.20
Jun 2025194,353194,482342,271284,03154,563$68.17$3.02
May 202587,48786,209172,892161,9987,002$62.17$3.12
Apr 202510,4919,97028,77424,6872,297$63.54$3.42
Mar 20258,2808,37727,07226,1049$68.24$4.12
Feb 202514,53214,61962,48861,20521$71.53$4.19
Jan 202529,54329,584143,517141,59122$75.74$4.13
Dec 202436,59136,596184,609181,92863$70.12$3.01
Nov 202436,97536,954172,791169,57435$69.95$2.12
Oct 202436,74136,758193,656191,26125$71.99$2.20
Sep 202439,34639,316178,402175,3581,090$70.24$2.28
Aug 202437,06937,070213,952209,9931,927$76.68$1.99
Jul 202439,63339,635226,594219,0025,785$81.80$2.07
Jun 202435,75935,766163,274158,9852,566$79.77$2.54
May 202442,21042,254210,852206,5322,525$80.02$2.12
Apr 202444,89844,911216,282212,907801$85.35$1.60
Mar 202452,18952,170244,440241,386115$81.28$1.49
Feb 202451,60751,818184,610181,1567$77.25$1.72
Jan 202440,87740,650130,782127,6731,070$74.15$3.18
Dec 202358,73358,727205,246202,79275$71.90$2.52
Nov 202362,92562,949156,064153,14912$77.69$2.71
Oct 202362,07262,470223,308209,00111,796$85.64$2.98
Sep 2023100,276100,034274,096256,92115,706$89.43$2.64
Aug 2023110,035110,122225,508194,51930,026$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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Apache Corporation in Midland County

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Spraberry (Trend Area) field

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