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Texas oil lease

Producing

TADPOLLY 148

Tadpolly 148 is an oil lease in Ward County, Texas, operated by Apache Corporation in the Phantom (Wolfcamp) field.

5 wells

118,657bbl oil, last 12 months−44% vs prior year
RRC lease
08-43663

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
183,110 mcf
Oil in Jul 2026
13,600 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: BRAZOS MIDSTREAM OPERATING, LLC replaced ENERGY TRANSFER COMPANY, TARGA MIDSTREAM SERVICES LLC as the buyer of this lease's gas from oil wells on Jan 1, 2025.

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

See why checks stop on this lease

Production by month

Oil output fell 44% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for TADPOLLY 148, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 118,657 bbl in the 12 months through Jul 2026, against 213,612 bbl in the 12 months before.Last 12 months: 118,657 bblbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for TADPOLLY 148, Aug 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 118,657 bbl in the 12 months through Jul 2026, against 213,612 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k10k20k20k30k30k40k40k50k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Feb 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of TADPOLLY 148 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Feb 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of TADPOLLY 148 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Feb 2024.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 170,840 mcf

  • Transmission line (2)

    4.4% · 7,980 mcf

  • Lease fuel (1)

    2.2% · 3,983 mcf

  • Flared (4)

    0.2% · 307 mcf

0.2% of the gas flared in the last 12 months. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Aug 2024

Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jan 2020 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262020202120222023202420252026Changed Aug 2024Callon Petroleum Operating CoJan 2020 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

5 wells on this lease

Wells on TADPOLLY 148
API numberWell no.Status
42-475-35890H101BEActive
42-475-36719H401WAActive
42-475-3873112BSActive
42-475-3874011BSActive
42-475-3874210BSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers34Jan 1, 2025–
Enterprise Crude Oil LLCOilGathers33Jan 1, 2025–
Oryx Delaware Oil Transport LLCOilGathers33Jan 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasBuys100Jan 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasGathers100Jan 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Apr 26, 2017Jan 1, 2025
Energy Transfer CompanyCasinghead gasBuys2Feb 13, 2017Jan 1, 2025
Targa Midstream Services LLCCasinghead gasBuys98Feb 13, 2017Jan 1, 2025
Enterprise Crude Oil LLCOilGathers10Mar 1, 2016Jan 1, 2025
Enterprise Crude Pipeline LLCOilGathers90Mar 1, 2016Jan 1, 2025

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

640 acres on the newest permit

Permits for Tadpolly 148
API numberWell no.Acreson the permit
42-475-3874210BS640
42-475-3874011BS640
42-475-3873112BS640
42-475-36719H401WA640
42-475-358901H640
42-475-35890H101BE640

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 TADPOLLY 148
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation13,60013,44123,19422,999195$80.46$2.89
Jun 2026Apache Corporation15,22315,18726,24626,135111$84.81$3.15
May 2026Apache Corporation9,8869,90017,67817,6771$102.13$2.94
Apr 2026Apache Corporation10,54610,45310,61610,6160$100.32$2.77
Mar 2026Apache Corporation9,3819,61211,31911,3190$91.38$3.04
Feb 2026Apache Corporation8,9108,87914,06013,4700$64.51$3.62
Jan 2026Apache Corporation9,3629,25918,44717,8850$60.04$7.72
Dec 2025Apache Corporation10,05410,10317,10016,1960$57.97$4.26
Nov 2025Apache Corporation8,5068,57414,14613,3340$60.06$3.79
Oct 2025Apache Corporation12,10812,10218,00916,8940$60.89$3.19
Sep 2025Apache Corporation5,6805,5566,6696,6690$63.96$2.97
Aug 2025Apache Corporation5,4015,3565,6265,6260$64.86$2.91
Jul 2025Apache Corporation8,6348,89110,85710,8570$68.39$3.20
Jun 2025Apache Corporation10,95310,80714,82014,8200$68.17$3.02
May 2025Apache Corporation11,34511,37615,26115,2610$62.17$3.12
Apr 2025Apache Corporation9,7859,80511,56311,5630$63.54$3.42
Mar 2025Apache Corporation11,30111,22415,07715,0770$68.24$4.12
Feb 2025Apache Corporation12,42012,67120,37319,4810$71.53$4.19
Jan 2025Apache Corporation17,84517,44222,64721,4647$75.74$4.13
Dec 2024Apache Corporation17,15217,41226,39825,3507$70.12$3.01
Nov 2024Apache Corporation22,70522,63030,78429,310203$69.95$2.12
Oct 2024Apache Corporation35,22235,19245,16943,5920$71.99$2.20
Sep 2024Apache Corporation29,43329,29837,50637,008463$70.24$2.28
Aug 2024Apache Corporation26,81726,8238,4798,4490$76.68$1.99
Jul 2024Callon Petroleum6,3856,2603,4522,536175$81.80$2.07
Jun 2024Callon Petroleum411391000$79.77$2.54
May 2024Callon Petroleum3714546216040$80.02$2.12
Apr 2024Callon Petroleum5285768708700$85.35$1.60
Mar 2024Callon Petroleum5695814814765$81.28$1.49
Feb 2024Callon Petroleum55349012012$77.25$1.72
Jan 2024Callon Petroleum629773000$74.15$3.18
Dec 2023Callon Petroleum6124099500$71.90$2.52
Nov 2023Callon Petroleum587734000$77.69$2.71
Oct 2023Callon Petroleum532620000$85.64$2.98
Sep 2023Callon Petroleum850000$89.43$2.64
Aug 2023Callon Petroleum00000$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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