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Texas oil lease

Producing

TXL-SCHROCK 3538 B

TXL-Schrock 3538 B is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

2 wells

169,806bbl oil, last 12 months−39% vs prior year
Operator
Apache Corporation
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-60473

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
629,141 mcf
Oil in Jul 2026
11,902 bbl

Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for TXL-SCHROCK 3538 B, Mar 2024 to Jul 2026. Oil output fell 39% over the last 12 months. 169,806 bbl in the 12 months through Jul 2026, against 280,486 bbl in the 12 months before.Last 12 months: 169,806 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for TXL-SCHROCK 3538 B, Mar 2024 to Jul 2026. Oil output fell 39% over the last 12 months. 169,806 bbl in the 12 months through Jul 2026, against 280,486 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% of the gas went to a transmission line in the last 12 months

Flaring peaked at 10.7% of the gas in Sep 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
93% of the gas went to a transmission line in the last 12 monthsShare of TXL-SCHROCK 3538 B gas by disposition code each month, Mar 2024 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 10.7% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 10.7%Apr 24JulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a transmission line in the last 12 monthsShare of TXL-SCHROCK 3538 B gas by disposition code each month, Mar 2024 to Jul 2026. 93% of the gas went to a transmission line in the last 12 months. Flaring peaked at 10.7% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 10.7%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    93% · 587,037 mcf

  • Flared (4)

    2.8% · 17,336 mcf

  • Processing plant (3)

    2.2% · 13,634 mcf

  • Lease fuel (1)

    1.8% · 11,134 mcf

2.8% of the gas flared in the last 12 months. 4 months above 3%.

2 wells on this lease

Wells on TXL-SCHROCK 3538 B
API numberWell no.Status
42-329-462792HMActive
42-329-462809HCActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Aug 3, 2023
Enterprise Products Operating LLCCasinghead gasBuys100Aug 3, 2023
Enterprise Products Operating LLCCasinghead gasGathers100Aug 3, 2023

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

Who buys my oilOil price check

320 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 TXL-Schrock 3538 B
API numberWell no.Acreson the permit
42-329-462792HM320
42-329-462809HC320

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

29 months, newest first

Ledger for TXL-SCHROCK 3538 B
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611,90211,90049,81846,9351,379$80.46$2.89
Jun 202611,83111,86947,88244,5691,517$84.81$3.15
May 202612,24112,29950,77746,9901,510$102.13$2.94
Apr 202614,31114,29660,13456,9101,770$100.32$2.77
Mar 202615,15915,16166,56063,2771,424$91.38$3.04
Feb 202612,87812,87441,08039,90340$64.51$3.62
Jan 202612,16412,22840,62139,066717$60.04$7.72
Dec 202514,86814,81949,14448,82946$57.97$4.26
Nov 202516,25916,23359,17758,979198$60.06$3.79
Oct 202516,36916,37552,95552,86491$60.89$3.19
Sep 202514,84514,85044,27139,5384,733$63.96$2.97
Aug 202516,97916,97366,72262,8113,911$64.86$2.91
Jul 202517,10717,11962,51456,2756,239$68.39$3.20
Jun 202517,88417,89264,02562,2821,743$68.17$3.02
May 202520,27420,25265,95865,386572$62.17$3.12
Apr 202520,80420,77863,44461,7021,742$63.54$3.42
Mar 202517,40917,44140,43539,823612$68.24$4.12
Feb 202516,55816,60244,59144,428163$71.53$4.19
Jan 202521,47321,39651,47050,877593$75.74$4.13
Dec 202422,38422,44155,12754,818309$70.12$3.01
Nov 202425,81625,89358,61558,443172$69.95$2.12
Oct 202431,82431,81962,31461,460854$71.99$2.20
Sep 202432,21632,18254,81353,1931,620$70.24$2.28
Aug 202436,73736,88163,79162,3881,403$76.68$1.99
Jul 202444,44044,31865,32364,1401,183$81.80$2.07
Jun 202448,46548,51974,47173,515956$79.77$2.54
May 202447,35747,11270,70070,391309$80.02$2.12
Apr 20248,6768,60614,60714,386221$85.35$1.60
Mar 202400000$81.28$1.49

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 CorporationFieldSpraberry (Trend Area)CountyMidland County

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