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Texas oil lease

Shut in

SMB TRUST

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

4 wells

0bbl oil, last 12 months
RRC lease
08-38412

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2020

Production by month

No oil produced in the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
No oil produced in the last 12 monthsMonthly oil production and gas for SMB TRUST, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Dec 2023, at 43 bbl.Last 12 months: 0 bblbbl per monthmcf per month0010200204003060040800501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
No oil produced in the last 12 monthsMonthly oil production and gas for SMB TRUST, Aug 2023 to Jul 2026. No oil produced in the last 12 months. The last month with output was Dec 2023, at 43 bbl.Last 12 monthsbbl per monthmcf per month0010200204003060040800501,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2024 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Mar 2024 the lease's gas goes to a transmission line instead of a processing plantShare of SMB TRUST gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2024 the lease's gas goes to a transmission line instead of a processing plantShare of SMB TRUST gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2024 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Mar 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 3,829 mcf

  • Transmission line (2)

    0.2% · 6 mcf

Who has run this lease

The operator changed once, most recently in Feb 2024

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2024; Apache Corporation, Feb 2024 to Jul 20262020202120222023202420252026Changed Feb 2024Legacy Reserves Operating LPJan 2020 to Jan 2024Apache CorporationFeb 2024 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2024; Apache Corporation, Feb 2024 to Jul 20262020202120222023202420252026Changed Feb 2024Legacy Reserves Operating LPJan 2020 to Jan 2024Apache CorporationFeb 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on SMB TRUST
API numberWell no.Status
42-329-321091Shut-in
42-329-358102Active
42-329-375623Shut-in
42-329-375634Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Dorado Oil CompanyOilGathers100Jun 1, 2020–
Targa Midstream Services LLCCasinghead gasBuys100Feb 1, 2024–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011Feb 1, 2024
Enterprise Crude Oil LLCOilGathers100Sep 1, 2017Jun 1, 2020

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

160 acres on the newest permit

Permits for SMB Trust
API numberWell no.Acreson the permit
42-329-375623160
42-329-375634160
42-329-358102160
42-329-321091160

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 SMB TRUST
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation00000$80.46$2.89
Jun 2026Apache Corporation00000$84.81$3.15
May 2026Apache Corporation00000$102.13$2.94
Apr 2026Apache Corporation00000$100.32$2.77
Mar 2026Apache Corporation00000$91.38$3.04
Feb 2026Apache Corporation00000$64.51$3.62
Jan 2026Apache Corporation00000$60.04$7.72
Dec 2025Apache Corporation00000$57.97$4.26
Nov 2025Apache Corporation00000$60.06$3.79
Oct 2025Apache Corporation00000$60.89$3.19
Sep 2025Apache Corporation00000$63.96$2.97
Aug 2025Apache Corporation00000$64.86$2.91
Jul 2025Apache Corporation00000$68.39$3.20
Jun 2025Apache Corporation00000$68.17$3.02
May 2025Apache Corporation00000$62.17$3.12
Apr 2025Apache Corporation00000$63.54$3.42
Mar 2025Apache Corporation00000$68.24$4.12
Feb 2025Apache Corporation00000$71.53$4.19
Jan 2025Apache Corporation00000$75.74$4.13
Dec 2024Apache Corporation00000$70.12$3.01
Nov 2024Apache Corporation00000$69.95$2.12
Oct 2024Apache Corporation00000$71.99$2.20
Sep 2024Apache Corporation00000$70.24$2.28
Aug 2024Apache Corporation00000$76.68$1.99
Jul 2024Apache Corporation00000$81.80$2.07
Jun 2024Apache Corporation00000$79.77$2.54
May 2024Apache Corporation00000$80.02$2.12
Apr 2024Apache Corporation00000$85.35$1.60
Mar 2024Apache Corporation00660$81.28$1.49
Feb 2024Apache Corporation00000$77.25$1.72
Jan 2024Legacy Reserves005505500$74.15$3.18
Dec 2023Legacy Reserves4306236230$71.90$2.52
Nov 2023Legacy Reserves431866436430$77.69$2.71
Oct 2023Legacy Reserves1606176170$85.64$2.98
Sep 2023Legacy Reserves2506816810$89.43$2.64
Aug 2023Legacy Reserves2007157150$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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