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Texas oil lease

Producing

SPENCER NORTH 7

Spencer North 7 is an oil lease in Glasscock County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

3 wells

2,448bbl oil, last 12 months−11% vs prior year
Operator
Apache Corporation
County
Glasscock County
Field
Spraberry (Trend Area)
RRC lease
08-43288

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
10,932 mcf
Oil in Jul 2026
215 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ENLINK GAS MARKETING, LP replaced APACHE CORPORATION, TARGA PL MID-CONT WESTTEX LLC as the buyer of this lease's gas from oil wells on Mar 1, 2025.

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

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Production by month

Oil output fell 11% over the last 12 months

Jun 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for SPENCER NORTH 7, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 2,340 bbl in the 12 months through Jul 2026, against 2,623 bbl in the 12 months before.Last 12 months: 2,340 bblbbl per monthmcf per month001005002001,0003001,5004002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for SPENCER NORTH 7, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 2,340 bbl in the 12 months through Jul 2026, against 2,623 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,000Jan 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 10.6% of the gas in Apr 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of SPENCER NORTH 7 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 10.6% of the gas in Apr 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 10.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of SPENCER NORTH 7 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 10.6% of the gas in Apr 2026.Share of gas by disposition code0%50%100%Flared 10.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 10,710 mcf

  • Flared (4)

    1.5% · 161 mcf

  • Transmission line (2)

    0.6% · 61 mcf

1.5% of the gas flared in the last 12 months. One month above 3%.

3 wells on this lease

Wells on SPENCER NORTH 7
API numberWell no.Status
42-173-349112Active
42-173-352653Active
42-173-352674Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Mar 1, 2025–
Enlink Gas Marketing, LPCasinghead gasBuys100Mar 1, 2025–
Apache CorporationCasinghead gasGathers100Aug 8, 2012–
Apache CorporationCasinghead gasBuys50Aug 8, 2012Mar 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50Nov 1, 2015Mar 1, 2025
Ngl Crude Logistics, LLCOilGathers100Sep 1, 2014Mar 1, 2025

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

Who buys my oilOil price check

320 acres on the newest permit

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Permits for Spencer North 7
API numberWell no.Acreson the permit
42-173-352653320
42-173-352674320
42-173-349112320

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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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 SPENCER NORTH 7
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262152143963960$80.46$2.89
Jun 2026No report filed–––––$84.81$3.15
May 20261851851,0481,0471$102.13$2.94
Apr 2026217216997891106$100.32$2.77
Mar 20262112126556505$91.38$3.04
Feb 20262292291,0061,0051$64.51$3.62
Jan 20262432421,1541,13816$60.04$7.72
Dec 20252382381,0541,0468$57.97$4.26
Nov 20252762761,0681,0599$60.06$3.79
Oct 20252482461,1601,14713$60.89$3.19
Sep 20252002007147140$63.96$2.97
Aug 202578817607591$64.86$2.91
Jul 20251085609209191$68.39$3.20
Jun 20252462088518510$68.17$3.02
May 2025200928738730$62.17$3.12
Apr 20252333385155150$63.54$3.42
Mar 20253871576836830$68.24$4.12
Feb 20251271904092970$71.53$4.19
Jan 20252442531,4021,2780$75.74$4.13
Dec 20242312431,1871,0630$70.12$3.01
Nov 20242182391,0469260$69.95$2.12
Oct 20242262461,4651,3410$71.99$2.20
Sep 20242432351,0651,0650$70.24$2.28
Aug 20241602649719710$76.68$1.99
Jul 20242792691,4521,4520$81.80$2.07
Jun 20242062501,2111,2110$79.77$2.54
May 202420801,2651,2650$80.02$2.12
Apr 20242232599699690$85.35$1.60
Mar 20242272499599590$81.28$1.49
Feb 20242132321,0409240$77.25$1.72
Jan 20242242481,1651,0410$74.15$3.18
Dec 20232302411,5001,3760$71.90$2.52
Nov 20232022611,1451,0223$77.69$2.71
Oct 20232252611,5621,4380$85.64$2.98
Sep 202322211,1451,1450$89.43$2.64
Aug 20232142551,2391,2390$81.39$2.58

No report filed 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)CountyGlasscock County

Apache Corporation in Glasscock County

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Spraberry (Trend Area) field

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