Texas oil lease
ProducingBUSBY
Busby is an oil lease in Midland County, Texas, operated by Apache Corporation in the Spraberry (Trend Area) field.
21 wells
- Operator
- Apache Corporation
- County
- Midland County
- RRC lease
- 08-61987
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 1,124,761 mcf
- Oil in Jul 2026
- 47,161 bbl
Production by month
Oil output fell 63% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
94% of the gas went to a transmission line in the last 12 months
Flaring peaked at 8.0% of the gas in Apr 2026.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
94% · 1,055,792 mcf
Flared (4)
2.9% · 32,216 mcf
Processing plant (3)
1.7% · 18,840 mcf
Lease fuel (1)
1.6% · 17,913 mcf
2.9% of the gas flared in the last 12 months. 11 months above 3%.
21 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-46761 | 1HM | Active |
| 42-329-46762 | 2HM | Active |
| 42-329-46763 | 3HM | Active |
| 42-329-46764 | 4HM | Active |
| 42-329-47588 | 6HS | Active |
| 42-329-47589 | 15HJ | Active |
| 42-329-47590 | 7HS | Active |
| 42-329-47591 | 16HS | Active |
| 42-329-47592 | 8HS | Active |
| 42-329-47593 | 18HS | Active |
| 42-329-47594 | 9HS | Active |
| 42-329-47595 | 10HS | Active |
| 42-329-47596 | 19HJ | Active |
| 42-329-47599 | 21HJ | Active |
| 42-329-47600 | 17HJ | Active |
| 42-329-47601 | 12HS | Active |
| 42-329-47602 | 13HS | Active |
| 42-329-47603 | 23HJ | Active |
| 42-329-47604 | 14HS | Active |
| 42-329-47605 | 22HS | Active |
| 42-329-47606 | 25HJ | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Aug 21, 2024 |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 100 | Aug 21, 2024 |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | Aug 21, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,299.50 acres on the newest permit
- Good to know
22 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-329-47591 | 16HS | Jan 22, 2025 | Dec 1, 2025 | 1,299.50 |
| 42-329-47588 | 6HS | Jan 21, 2025 | Dec 1, 2025 | 1,299.50 |
| 42-329-47589 | 15HJ | Jan 21, 2025 | Dec 1, 2025 | 1,299.50 |
| 42-329-47590 | 7HS | Jan 21, 2025 | Dec 1, 2025 | 1,299.50 |
| 42-329-47592 | 8HS | Jan 21, 2025 | Dec 1, 2025 | 1,299.50 |
| 42-329-47593 | 18HS | Jan 21, 2025 | Jan 30, 2026 | 1,299.50 |
| 42-329-47594 | 9HS | Jan 21, 2025 | Feb 3, 2026 | 1,299.50 |
| 42-329-47595 | 10HS | Jan 21, 2025 | Feb 3, 2026 | 1,299.50 |
| 42-329-47596 | 19HJ | Jan 21, 2025 | Jan 30, 2026 | 1,299.50 |
| 42-329-47598 | 20HS | Jan 21, 2025 | Jan 31, 2026 | 1,299.50 |
| 42-329-47599 | 21HJ | Jan 21, 2025 | Jan 30, 2026 | 1,299.50 |
| 42-329-47600 | 17HJ | Jan 21, 2025 | Dec 1, 2025 | 1,299.50 |
What APA Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $98.24 | $0.60 | $25.41 | SEC filing |
| Q1 2026 | $78.69 | $2.12 | $20.96 | SEC filing |
| Q4 2025 | $61.03 | $2.10 | $20.95 | SEC filing |
| Q3 2025 | $67.43 | $2.25 | $20.65 | SEC filing |
| Q2 2025 | $65.58 | $2.28 | $20.49 | SEC filing |
| Q1 2025 | $73.73 | $2.81 | $28.75 | SEC filing |
SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
24 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 47,161 | 47,148 | 220,234 | 215,695 | 51 | $80.46 | $2.89 |
| Jun 2026 | 23,940 | 23,966 | 137,639 | 129,140 | 5,724 | $84.81 | $3.15 |
| May 2026 | 32,533 | 32,573 | 127,290 | 121,883 | 2,285 | $102.13 | $2.94 |
| Apr 2026 | 31,764 | 31,817 | 79,376 | 69,999 | 6,379 | $100.32 | $2.77 |
| Mar 2026 | 40,910 | 40,919 | 66,963 | 61,044 | 2,745 | $91.38 | $3.04 |
| Feb 2026 | 26,214 | 26,225 | 71,626 | 64,620 | 5,650 | $64.51 | $3.62 |
| Jan 2026 | 15,962 | 15,998 | 70,098 | 66,825 | 3,273 | $60.04 | $7.72 |
| Dec 2025 | 23,552 | 23,693 | 51,095 | 49,800 | 1,295 | $57.97 | $4.26 |
| Nov 2025 | 33,789 | 33,816 | 58,290 | 57,828 | 462 | $60.06 | $3.79 |
| Oct 2025 | 21,181 | 21,604 | 46,544 | 46,487 | 57 | $60.89 | $3.19 |
| Sep 2025 | 26,085 | 25,390 | 53,525 | 51,144 | 2,381 | $63.96 | $2.97 |
| Aug 2025 | 48,036 | 48,281 | 142,081 | 140,167 | 1,914 | $64.86 | $2.91 |
| Jul 2025 | 54,581 | 54,604 | 169,907 | 167,839 | 2,068 | $68.39 | $3.20 |
| Jun 2025 | 60,479 | 60,495 | 163,321 | 153,336 | 9,985 | $68.17 | $3.02 |
| May 2025 | 65,703 | 65,559 | 181,376 | 177,045 | 4,331 | $62.17 | $3.12 |
| Apr 2025 | 73,162 | 73,306 | 198,250 | 192,100 | 6,150 | $63.54 | $3.42 |
| Mar 2025 | 91,202 | 91,066 | 220,617 | 219,674 | 943 | $68.24 | $4.12 |
| Feb 2025 | 89,482 | 89,766 | 183,032 | 172,868 | 10,164 | $71.53 | $4.19 |
| Jan 2025 | 113,769 | 113,676 | 184,867 | 182,219 | 2,648 | $75.74 | $4.13 |
| Dec 2024 | 117,182 | 117,060 | 149,167 | 146,762 | 2,405 | $70.12 | $3.01 |
| Nov 2024 | 126,215 | 126,307 | 140,391 | 136,863 | 3,528 | $69.95 | $2.12 |
| Oct 2024 | 122,666 | 122,435 | 126,578 | 122,034 | 4,544 | $71.99 | $2.20 |
| Sep 2024 | 73,980 | 73,934 | 74,769 | 72,315 | 2,454 | $70.24 | $2.28 |
| Aug 2024 | 12,155 | 12,025 | 21,829 | 21,568 | 261 | $76.68 | $1.99 |
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
Apache Corporation in Midland County
- JUNE WEST A
424,700 bbl
- GEORGE C
421,192 bbl
- CASSELMAN4
411,185 bbl
- LYNCH A HZ
272,174 bbl
- JUNE EAST A
371,169 bbl
- GEORGE A
354,314 bbl
- BOULTINGHOUSE-LYNCH 1114 C
336,990 bbl
- BOULTINGHOUSE-LYNCH 1114 D
339,840 bbl
- TIPPETT, JUNE 1213 HZ UNIT
214,302 bbl
- GEORGE B
309,508 bbl
Spraberry (Trend Area) field
- KATHERINE D
418,873 bbl
- CHABLIS
389,461 bbl
- FASKEN 9-16-21 UNIT 2
351,678 bbl
- JW G
390,153 bbl
- SHACKELFORD 3F
394,785 bbl
- PIRANHA 6-3 B
392,983 bbl
- KATHLEEN-FLANAGAN 10C
381,449 bbl
- ANTIETAM F
372,170 bbl
- TXL 20 UNIT 2
347,407 bbl
- AMOCO-HOLT
335,295 bbl
Leases within 10 km
- SANDERS, JUNE
0 bbl · 0.3 km
- SANDERS
0 bbl · 0.4 km
- SANDERS, JUNE, TR. -A-
0 bbl · 0.5 km
- BUSBY
90,408 bbl · 0.8 km
- DORA ROBERTS RANCH UNIT
128,244 bbl · 0.8 km
- SANDERS, JUNE, TR. -A-
0 bbl · 0.8 km
- SANDERS, JUNE, TR. -A-
0 bbl · 0.9 km
- BANAY A
2,498 bbl · 0.9 km
- BANAY
133,556 bbl · 0.9 km
- DORA ROBERTS RANCH UNIT
7,137 bbl · 1.1 km
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