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Texas oil lease

Producing

WEATHERBY 1231

Weatherby 1231 is an oil lease in Reagan County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

17 wells

28,232bbl oil, last 12 months−13% vs prior year
Operator
Apache Corporation
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-06374

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
326,660 mcf
Oil in Jul 2026
2,167 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: BRAZOS MIDSTREAM OPERATING, LLC replaced ETC SOUTH PERMIAN MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Oct 1, 2025.

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

See why checks stop on this lease

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for WEATHERBY 1231, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 28,232 bbl in the 12 months through Jul 2026, against 32,399 bbl in the 12 months before.Last 12 months: 28,232 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for WEATHERBY 1231, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 28,232 bbl in the 12 months through Jul 2026, against 32,399 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

83% of the gas went to a processing plant in the last 12 months

Flaring peaked at 7.1% of the gas in Dec 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
83% of the gas went to a processing plant in the last 12 monthsShare of WEATHERBY 1231 gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a processing plant in the last 12 months. Flaring peaked at 7.1% of the gas in Dec 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 7.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
83% of the gas went to a processing plant in the last 12 monthsShare of WEATHERBY 1231 gas by disposition code each month, Aug 2023 to Jul 2026. 83% of the gas went to a processing plant in the last 12 months. Flaring peaked at 7.1% of the gas in Dec 2025.Share of gas by disposition code0%50%100%Flared 7.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    83% · 271,290 mcf

  • Lease fuel (1)

    16% · 52,010 mcf

  • Flared (4)

    1.0% · 3,360 mcf

1.0% of the gas flared in the last 12 months. One month above 3%.

17 wells on this lease

Wells on WEATHERBY 1231
API numberWell no.Status
42-383-304041Active
42-383-31555G 1Active
42-383-31603H 1Active
42-383-356383TMActive
42-383-35663H 2TMShut-in
42-383-35670G 2TMShut-in
42-383-35740D 4TMShut-in
42-383-357996TMActive
42-383-358017TMActive
42-383-3849611HMActive
42-383-3849712HUActive
42-383-384987HMActive
42-383-384998HUActive
42-383-385045HMActive
42-383-385056HUActive
42-383-385151HMActive
42-383-385172HUActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100May 1, 2015–
Brazos Midstream Operating, LLCCasinghead gasBuys100Oct 1, 2025–
Brazos Midstream Operating, LLCCasinghead gasGathers100Oct 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024Oct 1, 2025
Etc South Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024Oct 1, 2025
Wtg South Permian Midstream LLCCasinghead gasGathers100Apr 1, 2021Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys100Apr 1, 2021Aug 1, 2024
Targa Pipeline Mid-Continent LLCCasinghead gasGathers100Aug 1, 2016Apr 1, 2021
Targa Pipeline Mid-Continent LLCCasinghead gasBuys100Aug 1, 2016Apr 1, 2021

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

Who buys my oilOil price check

640 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 640 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    23 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 Weatherby 1231
API numberWell no.Acreson the permit
42-383-385172HU640
42-383-385151HM640
42-383-385045HM640
42-383-385056HU640
42-383-384987HM640
42-383-384998HU640
42-383-3849611HM640
42-383-3849712HU640
42-383-358017TM320
42-383-35801D 7TM320
42-383-357996TM320
42-383-35799D 6TM320

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 WEATHERBY 1231
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,1672,16222,53918,075156$80.46$2.89
Jun 20262,4132,41421,88617,062422$84.81$3.15
May 20262,6352,63529,36424,071327$102.13$2.94
Apr 20262,6062,54232,45127,872191$100.32$2.77
Mar 20262,7522,74629,85024,796354$91.38$3.04
Feb 20262,4852,53137,43833,46657$64.51$3.62
Jan 20262,1212,11221,55917,989234$60.04$7.72
Dec 20252,2342,21720,85715,0911,476$57.97$4.26
Nov 20252,1752,26325,74321,1430$60.06$3.79
Oct 20252,2942,25726,82921,99786$60.89$3.19
Sep 20251,7751,82724,84221,24457$63.96$2.97
Aug 20252,5752,55333,30228,4840$64.86$2.91
Jul 20252,4572,39025,66421,116208$68.39$3.20
Jun 20252,3842,42233,63229,4800$68.17$3.02
May 20252,7972,82035,35831,0750$62.17$3.12
Apr 20252,5972,62036,55432,5920$63.54$3.42
Mar 20253,1443,19223,20518,5850$68.24$4.12
Feb 20252,7602,64820,63717,1360$71.53$4.19
Jan 20252,2822,26022,57619,2860$75.74$4.13
Dec 20242,6202,65132,25528,6700$70.12$3.01
Nov 20242,6732,67228,97525,18110$69.95$2.12
Oct 20243,2663,27232,40128,7030$71.99$2.20
Sep 20243,2843,20630,81426,9780$70.24$2.28
Aug 20242,1352,19925,32522,4290$76.68$1.99
Jul 20242,7672,87230,29325,9330$81.80$2.07
Jun 20243,0763,06133,10328,64042$79.77$2.54
May 20242,6112,50334,56130,46372$80.02$2.12
Apr 20243,2083,19934,56130,46372$85.35$1.60
Mar 20243,3453,32328,87024,62354$81.28$1.49
Feb 20242,9212,95425,49121,3740$77.25$1.72
Jan 20242,6452,85325,11220,7340$74.15$3.18
Dec 20233,0423,03127,60623,3150$71.90$2.52
Nov 20233,4323,45329,85926,38022$77.69$2.71
Oct 20233,8793,83527,62023,2800$85.64$2.98
Sep 20233,2823,26021,98918,0570$89.43$2.64
Aug 20233,6953,66220,16515,9790$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 CorporationFieldSpraberry (Trend Area)CountyReagan County

Apache Corporation in Reagan County

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Spraberry (Trend Area) field

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