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Texas oil lease

Producing

SRH SOUTH

SRH South is an oil lease in Reagan County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

40 wells

7,328bbl oil, last 12 months−33% vs prior year
RRC lease
7C-16972

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
87,646 mcf
Oil in Jul 2026
520 bbl

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for SRH SOUTH, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 7,328 bbl in the 12 months through Jul 2026, against 10,990 bbl in the 12 months before.Last 12 months: 7,328 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production and gas for SRH SOUTH, Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 7,328 bbl in the 12 months through Jul 2026, against 10,990 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 4.4% of the gas in Feb 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of SRH SOUTH gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.4% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 4.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of SRH SOUTH gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 4.4% of the gas in Feb 2026.Share of gas by disposition code0%50%100%Flared 4.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 83,888 mcf

  • Lease fuel (1)

    3.8% · 3,322 mcf

  • Flared (4)

    0.5% · 436 mcf

0.5% of the gas flared in the last 12 months. One month above 3%.

40 wells on this lease

Wells on SRH SOUTH
API numberWell no.Status
42-383-363791202Shut-in
42-383-363801204Shut-in
42-383-364711206Shut-in
42-383-364761703Active
42-383-364771704Shut-in
42-383-364801802Shut-in
42-383-364831801Shut-in
42-383-365401207Shut-in
42-383-365971208Shut-in
42-383-365981209Shut-in
42-383-365991210Active
42-383-366001701Active
42-383-366051705Shut-in
42-383-366791804Shut-in
42-383-367881213Shut-in
42-383-367921702Active
42-383-367981707Active
42-383-367991708Shut-in
42-383-368031216Shut-in
42-383-368061211Active
42-383-368071215Shut-in
42-383-368461706Shut-in
42-383-368501212Shut-in
42-383-368531214Shut-in
42-383-369631805Active
42-383-371101710Shut-in
42-383-371131217Active
42-383-371191709Shut-in
42-383-371581711Shut-in
42-383-371591713Shut-in
42-383-371601712Shut-in
42-383-371781201Shut-in
42-383-374731219Shut-in
42-383-374751220Active
42-383-374841222Shut-in
42-383-374851223Shut-in
42-383-375761806Active
42-383-379381205Shut-in
42-383-379971714Active
42-383-380161716Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers25May 1, 2025–
Energy Transfer Marketing & TermOilGathers25May 1, 2025–
Explore Logistics LLCOilGathers25May 1, 2025–
Plains Marketing, L.p.OilGathers25May 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Energy Trans Crude Marketing LLCOilGathers50Jul 1, 2021May 1, 2025
Energy Transfer Marketing & TermOilGathers50Dec 1, 2022May 1, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jul 1, 2021Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2014Jul 1, 2021

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

1,427.29 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 1,427.29 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    40 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A substandard-acreage flag is in the permit records

    The RRC permit records include a substandard-acreage flag. Ask which acreage applies to your well and how it was used in your decimal.

  • 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 SRH South
API numberWell no.Acreson the permit
42-383-3757618061,427.29
42-383-380161716643.61
42-383-379971714643.61
42-383-3793812051,031.39
42-383-3748412221,031.39
42-383-3748512231,031.39
42-383-3747512201,031.39
42-383-3747312191,031.39
42-383-371581711643.61
42-383-371591713643.61
42-383-371601712643.61
42-383-3717812011,031.39

SourceRailroad Commission drilling permits, Oct 3, 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 SRH SOUTH
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265204126,5056,5050$80.46$2.89
Jun 20263555035,3675,35611$84.81$3.15
May 20265385136,2046,2031$102.13$2.94
Apr 20266225686,3116,3110$100.32$2.77
Mar 20265104746,2756,19481$91.38$3.04
Feb 20265736367,0626,132314$64.51$3.62
Jan 20267626628,2387,53224$60.04$7.72
Dec 20256907568,4317,7445$57.97$4.26
Nov 20256806808,4277,7670$60.06$3.79
Oct 20256405528,5527,8700$60.89$3.19
Sep 20256357137,8557,8550$63.96$2.97
Aug 20258037818,4198,4190$64.86$2.91
Jul 20257428228,6338,6330$68.39$3.20
Jun 20258108778,6468,6460$68.17$3.02
May 20257487348,3098,3090$62.17$3.12
Apr 20259429037,7587,7580$63.54$3.42
Mar 20257927817,6107,6100$68.24$4.12
Feb 20257917367,9857,3690$71.53$4.19
Jan 20251,0631,3348,6197,9370$75.74$4.13
Dec 20241,0201,1068,7488,0660$70.12$3.01
Nov 20241,0449228,5767,9160$69.95$2.12
Oct 20241,0659558,7958,1130$71.99$2.20
Sep 20241,0009507,8287,8280$70.24$2.28
Aug 20249739928,0128,0120$76.68$1.99
Jul 20241,0051,0478,9048,9040$81.80$2.07
Jun 20241,1951,1979,3229,3220$79.77$2.54
May 20241,5371,57011,67311,6730$80.02$2.12
Apr 20242,0611,98012,15312,1530$85.35$1.60
Mar 20241,2459718,8498,8490$81.28$1.49
Feb 20241891312,0611,7010$77.25$1.72
Jan 20242063672,1421,7580$74.15$3.18
Dec 20233201904,1173,7330$71.90$2.52
Nov 20234415074,9414,5690$77.69$2.71
Oct 20234415446,2405,8560$85.64$2.98
Sep 20234313675,8555,8550$89.43$2.64
Aug 20233414195,9165,9160$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

Apache Corporation in Reagan County

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