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Texas oil lease

Producing

THE GREAT MILENKO UNIT 15-16

The Great Milenko Unit 15-16 is an oil lease in Reeves County, Texas, operated by Apache Corporation in the Wolfbone (Trend Area) field.

6 wells

75,649bbl oil, last 12 months−21% vs prior year
RRC lease
08-57568

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County
Gas, last 12 months
433,393 mcf
Oil in Jul 2026
5,486 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for THE GREAT MILENKO UNIT 15-16, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 75,649 bbl in the 12 months through Jul 2026, against 95,698 bbl in the 12 months before.Last 12 months: 75,649 bblbbl per monthmcf per month005,00050k10k100k15k150k20k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for THE GREAT MILENKO UNIT 15-16, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 75,649 bbl in the 12 months through Jul 2026, against 95,698 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00050k10k100k15k150k20k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 43.4% of the gas in Dec 2024.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of THE GREAT MILENKO UNIT 15-16 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 43.4% of the gas in Dec 2024.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2024: plant to lineFlared 43.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plantShare of THE GREAT MILENKO UNIT 15-16 gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 43.4% of the gas in Dec 2024.Share of gas by disposition code0%50%100%Aug 24: plant to lineFlared 43.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 450,500 mcf

  • Flared (4)

    5.1% · 24,322 mcf

  • Lease fuel (1)

    1.1% · 5,450 mcf

5.1% of the gas flared in the last 12 months. 18 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, Jul 2022 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262023202420252026Changed Aug 2024Callon Petroleum Operating CoJul 2022 to Jul 2024Apache CorporationAug 2024 to now
Operators of this lease over timeCallon Petroleum Operating Co, Jul 2022 to Jul 2024; Apache Corporation, Aug 2024 to Jul 20262023202420252026Changed Aug 2024Callon Petroleum Operating CoJul 2022 to Jul 2024Apache CorporationAug 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

6 wells on this lease

Wells on THE GREAT MILENKO UNIT 15-16
API numberWell no.Status
42-389-395921UAActive
42-389-395932UAActive
42-389-395943UAShut-in
42-389-396069HActive
42-389-3960810HActive
42-389-3960911HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCOilGathers85Jan 1, 2023–
Energy Trans Crude Marketing LLCOilGathers5Jul 29, 2022–
Plains Marketing, L.p.OilGathers5Jul 29, 2022–
Rio Energy International, Inc.OilGathers5Jul 29, 2022–
Energy Transfer CompanyCasinghead gasBuys100Jul 29, 2022–
Eagleclaw Midstream Ventures,llcCasinghead gasGathers100Jul 29, 2022–
Eastex Crude CompanyOilGathers5Jul 29, 2022Jan 1, 2023
Enterprise Crude Oil LLCOilGathers5Jul 29, 2022Jan 1, 2023
Oryx Delaware Oil Transport LLCOilGathers70Jul 29, 2022Jan 1, 2023
Shell Trading (Us) CompanyOilGathers5Jul 29, 2022Jan 1, 2023

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

1,280.40 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 1,280.4 and 1,289.4 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for The Great Milenko Unit 15-16
API numberWell no.Acreson the permit
42-389-395921UA1,289.40
42-389-395932UA1,289.40
42-389-395943UA1,289.40
42-389-396069H1,289.40
42-389-3960810H1,289.40
42-389-3960911H1,280.40

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 THE GREAT MILENKO UNIT 15-16
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Apache Corporation5,4865,183000$80.46$2.89
Jun 2026Apache Corporation4,9905,13536,97334,6952,264$84.81$3.15
May 2026Apache Corporation6,5826,42441,64840,948700$102.13$2.94
Apr 2026Apache Corporation4,6004,65233,40227,2286,174$100.32$2.77
Mar 2026Apache Corporation6,3556,76245,78645,357429$91.38$3.04
Feb 2026Apache Corporation6,8806,57241,65939,652999$64.51$3.62
Jan 2026Apache Corporation6,4806,42640,96739,606245$60.04$7.72
Dec 2025Apache Corporation7,6957,72941,05734,1535,788$57.97$4.26
Nov 2025Apache Corporation7,8677,83347,06445,92559$60.06$3.79
Oct 2025Apache Corporation6,2776,30339,20137,924161$60.89$3.19
Sep 2025Apache Corporation6,2296,13028,59522,3536,242$63.96$2.97
Aug 2025Apache Corporation6,2086,22137,04136,0221,019$64.86$2.91
Jul 2025Apache Corporation7,3027,32046,87946,637242$68.39$3.20
Jun 2025Apache Corporation6,8907,04445,67745,450227$68.17$3.02
May 2025Apache Corporation7,5817,48253,38053,011369$62.17$3.12
Apr 2025Apache Corporation8,3088,69151,33850,649689$63.54$3.42
Mar 2025Apache Corporation7,4527,21745,67141,5694,102$68.24$4.12
Feb 2025Apache Corporation3,8263,71225,89824,405485$71.53$4.19
Jan 2025Apache Corporation1,9511,98410,2657,6921,457$75.74$4.13
Dec 2024Apache Corporation8,9679,04654,92829,96923,843$70.12$3.01
Nov 2024Apache Corporation11,52011,51477,64067,8688,692$69.95$2.12
Oct 2024Apache Corporation11,87411,87782,51168,09213,303$71.99$2.20
Sep 2024Apache Corporation10,64110,44869,84343,31226,531$70.24$2.28
Aug 2024Apache Corporation9,3869,49067,16566,519646$76.68$1.99
Jul 2024Callon Petroleum11,83811,65182,57082,5655$81.80$2.07
Jun 2024Callon Petroleum11,01711,34075,71572,3783,337$79.77$2.54
May 2024Callon Petroleum12,59012,43688,54682,8605,686$80.02$2.12
Apr 2024Callon Petroleum10,26610,159107,820106,882938$85.35$1.60
Mar 2024Callon Petroleum10,63810,847111,929110,4881,441$81.28$1.49
Feb 2024Callon Petroleum10,81110,834100,68099,4681,212$77.25$1.72
Jan 2024Callon Petroleum11,95011,872114,717106,6328,085$74.15$3.18
Dec 2023Callon Petroleum13,52513,681119,901111,1168,785$71.90$2.52
Nov 2023Callon Petroleum15,22814,924126,01795,69730,320$77.69$2.71
Oct 2023Callon Petroleum15,30115,366131,685127,1524,533$85.64$2.98
Sep 2023Callon Petroleum16,37716,265117,726112,8224,904$89.43$2.64
Aug 2023Callon Petroleum13,82414,183108,250103,7814,083$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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