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Texas oil lease

Producing

WEATHERBY 1232

Weatherby 1232 is an oil lease in Reagan County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.

15 wells

22,287bbl oil, last 12 months−11% vs prior year
RRC lease
7C-16063

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
296,190 mcf
Oil in Jul 2026
1,629 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 11% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for WEATHERBY 1232, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 22,287 bbl in the 12 months through Jul 2026, against 25,095 bbl in the 12 months before.Last 12 months: 22,287 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for WEATHERBY 1232, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 22,287 bbl in the 12 months through Jul 2026, against 25,095 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

85% of the gas went to a processing plant in the last 12 months

Flaring peaked at 6.5% of the gas in Dec 2025.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
85% of the gas went to a processing plant in the last 12 monthsShare of WEATHERBY 1232 gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a processing plant in the last 12 months. Flaring peaked at 6.5% of the gas in Dec 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 6.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
85% of the gas went to a processing plant in the last 12 monthsShare of WEATHERBY 1232 gas by disposition code each month, Aug 2023 to Jul 2026. 85% of the gas went to a processing plant in the last 12 months. Flaring peaked at 6.5% of the gas in Dec 2025.Share of gas by disposition code0%50%100%Flared 6.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 252,280 mcf

  • Lease fuel (1)

    14% · 41,016 mcf

  • Flared (4)

    1.0% · 2,894 mcf

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

15 wells on this lease

Wells on WEATHERBY 1232
API numberWell no.Status
42-383-31954K 1Active
42-383-35637K 2TMShut-in
42-383-35759K 3TMShut-in
42-383-35849F 3TMShut-in
42-383-358512TMActive
42-383-358564TMActive
42-383-358575TMActive
42-383-384269HMActive
42-383-3843010HUActive
42-383-3844612HUActive
42-383-3844711HMActive
42-383-384575HMActive
42-383-384586HUActive
42-383-384701HMActive
42-383-384712HUActive

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).

553.12 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 553.12 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    19 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 1232
API numberWell no.Acreson the permit
42-383-384701HM553.12
42-383-384712HU553.12
42-383-384575HM553.12
42-383-384586HU553.12
42-383-3844612HU553
42-383-3844711HM553
42-383-3843010HU553.12
42-383-384269HM553.12
42-383-358564TM393.12
42-383-35856F 4TM393.12
42-383-358575TM393.12
42-383-35857F 5TM393.12

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 WEATHERBY 1232
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,6291,62134,56930,907150$80.46$2.89
Jun 20261,7561,76137,06033,157410$84.81$3.15
May 20261,9781,98431,21827,219270$102.13$2.94
Apr 20262,0331,98824,76120,755162$100.32$2.77
Mar 20262,2442,21328,32024,554278$91.38$3.04
Feb 20261,5261,5888,2565,23134$64.51$3.62
Jan 20261,7141,71018,68515,523211$60.04$7.72
Dec 20251,8441,83419,24714,5531,257$57.97$4.26
Nov 20251,8551,94524,98521,6530$60.06$3.79
Oct 20252,0952,07726,70122,95372$60.89$3.19
Sep 20251,7651,74622,90720,02250$63.96$2.97
Aug 20251,8481,83919,48115,7530$64.86$2.91
Jul 20251,8291,80622,48318,739174$68.39$3.20
Jun 20252,1632,17218,73515,0870$68.17$3.02
May 20252,1922,19320,59816,8690$62.17$3.12
Apr 20251,8391,85116,95113,5850$63.54$3.42
Mar 20252,1722,23936,65732,9270$68.24$4.12
Feb 20252,2202,17127,96824,8380$71.53$4.19
Jan 20252,3462,31722,25118,7590$75.74$4.13
Dec 20242,5872,61728,20024,4440$70.12$3.01
Nov 20242,6332,56019,21015,3509$69.95$2.12
Oct 20241,9921,98520,13816,2270$71.99$2.20
Sep 20241,8341,79623,42819,8880$70.24$2.28
Aug 20241,2881,32920,75618,2520$76.68$1.99
Jul 20241,7141,75726,43422,8450$81.80$2.07
Jun 20241,6611,68818,78714,24738$79.77$2.54
May 20241,7431,67921,78018,12960$80.02$2.12
Apr 20242,3002,31327,93424,23129$85.35$1.60
Mar 20242,8142,78632,52528,88449$81.28$1.49
Feb 20242,2532,25531,09327,9210$77.25$1.72
Jan 20241,6791,78335,42531,7940$74.15$3.18
Dec 20232,8592,79934,22030,5220$71.90$2.52
Nov 20232,4232,45128,25025,05621$77.69$2.71
Oct 20232,9672,96834,99231,1690$85.64$2.98
Sep 20233,0903,04834,51730,7890$89.43$2.64
Aug 20233,0312,99429,65826,4930$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

Spraberry (Trend Area) field

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