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Texas oil lease

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TIPPETT, JUNE 8

Tippett, June 8 is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) R 40 Exc field.

2 wells

8,854bbl oil, last 12 months−10% vs prior year
RRC lease
08-47454

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
33,222 mcf
Oil in Nov 2024
0 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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

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Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for TIPPETT, JUNE 8, Dec 2021 to Nov 2024. Oil output fell 10% over the last 12 months. 8,854 bbl in the 12 months through Nov 2024, against 9,855 bbl in the 12 months before.Last 12 months: 8,854 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 22AprJulOctJan 23AprJulOctJan 24AprJulOct
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for TIPPETT, JUNE 8, Dec 2021 to Nov 2024. Oil output fell 10% over the last 12 months. 8,854 bbl in the 12 months through Nov 2024, against 9,855 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a transmission line in the last 12 months

Flaring peaked at 42.3% of the gas in Jan 2024.

  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
90% of the gas went to a transmission line in the last 12 monthsShare of TIPPETT, JUNE 8 gas by disposition code each month, Dec 2021 to Nov 2024. 90% of the gas went to a transmission line in the last 12 months. Flaring peaked at 42.3% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 42.3%Jan 22AprJulOctJan 23AprJulOctJan 24AprJulOct
90% of the gas went to a transmission line in the last 12 monthsShare of TIPPETT, JUNE 8 gas by disposition code each month, Dec 2021 to Nov 2024. 90% of the gas went to a transmission line in the last 12 months. Flaring peaked at 42.3% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 42.3%Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    90% · 44,575 mcf

  • Flared (4)

    10% · 4,953 mcf

10.0% of the gas flared in the last 12 months. 25 months above 3%.

2 wells on this lease

Wells on TIPPETT, JUNE 8
API numberWell no.Status
42-329-403671HMActive
42-329-403782HMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Jan 7, 2016–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys100Jun 1, 2023–
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers100Jun 1, 2023–
Navitas Mdstr Midland Basin, LLCCasinghead gasGathers100Jan 7, 2016Jun 1, 2023
Navitas Mdstr Midland Basin, LLCCasinghead gasBuys100Jan 7, 2016Jun 1, 2023

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

1,292 acres on the newest permit

Permits for Tippett, June 8
API numberWell no.Acreson the permit
42-329-403671HM1,292
42-329-403782HM1,292

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 TIPPETT, JUNE 8
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 202400000$70.24$2.28
Aug 20241,6941,7028,5758,5750$76.68$1.99
Jul 20241,2371,2313,6203,57347$81.80$2.07
Jun 202430430883079436$79.77$2.54
May 20249759795,8685,500368$80.02$2.12
Apr 20241,3701,3685,9385,540398$85.35$1.60
Mar 20241,2911,2874,0803,956124$81.28$1.49
Feb 20246516591,6121,361251$77.25$1.72
Jan 20249449341,166673493$74.15$3.18
Dec 20233883881,5331,403130$71.90$2.52
Nov 2023525523000$77.69$2.71
Oct 2023662851000$85.64$2.98
Sep 20238389743,5412,885656$89.43$2.64
Aug 20238749297,5865,4532,133$81.39$2.58
Jul 20239167715,1794,862317$76.07$2.55
Jun 20235808293,4833,184299$70.25$2.18
May 20236947961,9551,707248$71.58$2.15
Apr 20231,1329741,5121,5111$79.45$2.16
Mar 20234822901,0591,04316$73.28$2.31
Feb 20232683215,6425,106508$76.83$2.38
Jan 20231,1911,18710,6628,6082,024$78.12$3.27
Dec 20221,6931,96013,8598,8854,942$76.44$5.53
Nov 20221,4031,37413,79013,271486$84.37$5.45
Oct 20221,8271,52121,45118,9362,468$87.55$5.66
Sep 20221,0981,1089,1488,746402$84.26$7.88
Aug 20221,2401,2137,1725,1272,045$93.67$8.81
Jul 20227867556,0663,8182,248$101.62$7.28
Jun 20228819166,9564,8592,097$114.84$7.70
May 20221,0359298,3616,9101,451$109.55$8.14
Apr 202266075510,6399,4711,168$101.78$6.60
Mar 20228751,00510,5249,846678$108.50$4.90
Feb 20221,2221,16110,76210,350382$91.64$4.69
Jan 20221,5361,48212,33112,21489$83.22$4.38
Dec 20211,5291,51913,37213,24397$71.71$3.76

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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