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Texas oil lease

Producing

TIPPETT, JUNE

Tippett, June is an oil lease in Midland County, Texas, operated by Apache Corporation in the Pegasus (Devonian) field.

2 wells

81bbl oil, last 12 months−63% vs prior year
Operator
Apache Corporation
County
Midland County
Field
Pegasus (Devonian)
RRC lease
7C-14387

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
10,621 mcf
Oil in Jul 2026
11 bbl

Production by month

Oil output fell 63% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for TIPPETT, JUNE, Aug 2023 to Jul 2026. Oil output fell 63% over the last 12 months. 81 bbl in the 12 months through Jul 2026, against 221 bbl in the 12 months before.Last 12 months: 81 bblbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 63% over the last 12 monthsMonthly oil production and gas for TIPPETT, JUNE, Aug 2023 to Jul 2026. Oil output fell 63% over the last 12 months. 81 bbl in the 12 months through Jul 2026, against 221 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501,0001002,0001503,0002004,0002505,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

74% of the gas went to a transmission line in the last 12 months

Flaring peaked at 58.7% of the gas in Jun 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
74% of the gas went to a transmission line in the last 12 monthsShare of TIPPETT, JUNE gas by disposition code each month, Aug 2023 to Jul 2026. 74% of the gas went to a transmission line in the last 12 months. Flaring peaked at 58.7% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 58.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
74% of the gas went to a transmission line in the last 12 monthsShare of TIPPETT, JUNE gas by disposition code each month, Aug 2023 to Jul 2026. 74% of the gas went to a transmission line in the last 12 months. Flaring peaked at 58.7% of the gas in Jun 2026.Share of gas by disposition code0%50%100%Flared 58.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    74% · 7,911 mcf

  • Flared (4)

    25% · 2,699 mcf

  • Processing plant (3)

    0.1% · 11 mcf

25.4% of the gas flared in the last 12 months. 27 months above 3%.

2 wells on this lease

Wells on TIPPETT, JUNE
API numberWell no.Status
42-329-3340848Shut-in
42-329-3360753Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jan 1, 2016
Apache CorporationCasinghead gasBuys100Dec 1, 2010
Apache CorporationCasinghead gasGathers100Dec 1, 2010

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

Who buys my oilOil price check

3,520 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 3,520 and 3,720 acres. Use the acres from your own division order for the well you are paid on.

  • 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 Tippett, June
API numberWell no.Acreson the permit
42-329-32970463,520
42-329-33607533,720
42-329-33408483,720

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

Unit decimal checker

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 TIPPETT, JUNE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611112,6531,916737$80.46$2.89
Jun 202615151,502620882$84.81$3.15
May 2026881,4121,171241$102.13$2.94
Apr 202622646443203$100.32$2.77
Mar 202622408220188$91.38$3.04
Feb 202622441249192$64.51$3.62
Jan 2026221,2461,16977$60.04$7.72
Dec 2025441,4261,40620$57.97$4.26
Nov 20251010750611139$60.06$3.79
Oct 20259911910118$60.89$3.19
Sep 2025101011101$63.96$2.97
Aug 202566761$64.86$2.91
Jul 202566541$68.39$3.20
Jun 2025101014131$68.17$3.02
May 202500000$62.17$3.12
Apr 2025262647452$63.54$3.42
Mar 2025262627225$68.24$4.12
Feb 20251414981$71.53$4.19
Jan 2025222210100$75.74$4.13
Dec 2024212112120$70.12$3.01
Nov 2024232315141$69.95$2.12
Oct 2024313122211$71.99$2.20
Sep 2024191917161$70.24$2.28
Aug 2024232320200$76.68$1.99
Jul 2024171716151$81.80$2.07
Jun 2024181818171$79.77$2.54
May 202445451,9021,783119$80.02$2.12
Apr 2024181891285161$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202400000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300000$71.90$2.52
Nov 2023383820811790$77.69$2.71
Oct 20231231783,0642,372682$85.64$2.98
Sep 20232422482,0971,708389$89.43$2.64
Aug 20231631672,4741,778696$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

This lease belongs to

OperatorApache CorporationFieldPegasus (Devonian)CountyMidland County

Apache Corporation in Midland County

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Pegasus (Devonian) field

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