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Texas oil lease

Producing

TXL-SCHROCK 3538 C

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

2 wells

185,602bbl oil, last 12 months−45% vs prior year
RRC lease
08-60501

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
883,676 mcf
Oil in Jul 2026
10,935 bbl

Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for TXL-SCHROCK 3538 C, Mar 2024 to Jul 2026. Oil output fell 45% over the last 12 months. 185,602 bbl in the 12 months through Jul 2026, against 337,745 bbl in the 12 months before.Last 12 months: 185,602 bblbbl per monthmcf per month0010k20k20k40k30k60k40k80k50k100kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for TXL-SCHROCK 3538 C, Mar 2024 to Jul 2026. Oil output fell 45% over the last 12 months. 185,602 bbl in the 12 months through Jul 2026, against 337,745 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

95% of the gas went to a transmission line in the last 12 months

Flaring peaked at 10.9% of the gas in Jul 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a transmission line in the last 12 monthsShare of TXL-SCHROCK 3538 C gas by disposition code each month, Mar 2024 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 10.9% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 10.9%Apr 24JulOctJan 25AprJulOctJan 26AprJul
95% of the gas went to a transmission line in the last 12 monthsShare of TXL-SCHROCK 3538 C gas by disposition code each month, Mar 2024 to Jul 2026. 95% of the gas went to a transmission line in the last 12 months. Flaring peaked at 10.9% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Flared 10.9%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    95% · 835,633 mcf

  • Flared (4)

    2.4% · 21,440 mcf

  • Processing plant (3)

    1.7% · 14,872 mcf

  • Lease fuel (1)

    1.3% · 11,731 mcf

2.4% of the gas flared in the last 12 months. 5 months above 3%.

2 wells on this lease

Wells on TXL-SCHROCK 3538 C
API numberWell no.Status
42-329-462813HAActive
42-329-462824HMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jul 18, 2023
Enterprise Products Operating LLCCasinghead gasBuys100Jul 18, 2023
Enterprise Products Operating LLCCasinghead gasGathers100Jul 18, 2023

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

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 C
API numberWell no.Acreson the permit
42-329-462813HA320
42-329-462824HM320

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

29 months, newest first

Ledger for TXL-SCHROCK 3538 C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610,93510,92969,44566,3211,665$80.46$2.89
Jun 202610,38410,43169,15965,5591,864$84.81$3.15
May 202611,93511,97971,72767,3441,932$102.13$2.94
Apr 202613,07913,07177,42574,0162,031$100.32$2.77
Mar 202614,30714,33783,24779,9571,583$91.38$3.04
Feb 202614,18514,18962,10260,54953$64.51$3.62
Jan 202613,87813,98764,49262,394967$60.04$7.72
Dec 202519,23619,14281,89581,46363$57.97$4.26
Nov 202518,43318,42178,64878,409239$60.06$3.79
Oct 202520,18620,21979,21379,097116$60.89$3.19
Sep 202520,60020,55482,34275,7556,587$63.96$2.97
Aug 202518,44418,48363,98159,6414,340$64.86$2.91
Jul 202523,10923,11673,10965,1397,970$68.39$3.20
Jun 202523,25023,22272,98370,7802,203$68.17$3.02
May 202522,39822,41171,76871,081687$62.17$3.12
Apr 202527,60627,60384,74382,2812,462$63.54$3.42
Mar 202526,87526,92271,31170,2171,094$68.24$4.12
Feb 202525,26025,30366,89166,638253$71.53$4.19
Jan 202530,47230,34571,54170,611930$75.74$4.13
Dec 202429,00929,05862,32761,914413$70.12$3.01
Nov 202430,19630,23656,68456,502182$69.95$2.12
Oct 202431,46631,46952,31451,528786$71.99$2.20
Sep 202432,76132,71344,02742,4841,543$70.24$2.28
Aug 202435,34335,43945,66244,3821,280$76.68$1.99
Jul 202437,80837,71648,03446,9211,113$81.80$2.07
Jun 202443,60943,69155,66654,724942$79.77$2.54
May 202447,51247,26960,03059,676354$80.02$2.12
Apr 20249,0929,01911,90311,693210$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

Apache Corporation in Midland County

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Spraberry (Trend Area) field

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