Texas oil lease
ProducingBUSBY
Busby is an oil lease in Midland County, Texas, operated by Apache Corporation in the Pegasus (Consolidated) field.
1 well
- Operator
- Apache Corporation
- County
- Midland County
- RRC lease
- 7C-22989
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 458,236 mcf
- Oil in Jul 2026
- 5,117 bbl
Production by month
Oil output fell 47% since Sep 2024
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
96% of the gas went to a transmission line in the last 12 months
Flaring peaked at 32.2% of the gas in Sep 2024.
- Processing plant (3)
- Transmission line (2)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
96% · 438,732 mcf
Flared (4)
2.3% · 10,662 mcf
Processing plant (3)
1.2% · 5,320 mcf
Lease fuel (1)
0.8% · 3,522 mcf
2.3% of the gas flared in the last 12 months. 11 months above 3%.
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-329-46769 | 5HB | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Medallion Operating Company, LLC | Oil | Gathers | 100 | Sep 5, 2024 |
| Enterprise Products Operating LLC | Casinghead gas | Buys | 100 | Sep 5, 2024 |
| Enterprise Products Operating LLC | Casinghead gas | Gathers | 100 | Sep 5, 2024 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
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 | $28.75 | SEC filing |
SourceAPA Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
23 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 5,117 | 5,115 | 38,749 | 38,070 | 8 | $80.46 | $2.89 |
| Jun 2026 | 5,503 | 5,509 | 36,589 | 34,522 | 1,430 | $84.81 | $3.15 |
| May 2026 | 7,688 | 7,700 | 41,709 | 40,350 | 643 | $102.13 | $2.94 |
| Apr 2026 | 8,174 | 8,190 | 40,970 | 38,058 | 2,228 | $100.32 | $2.77 |
| Mar 2026 | 11,230 | 11,232 | 41,983 | 40,400 | 974 | $91.38 | $3.04 |
| Feb 2026 | 7,194 | 7,199 | 39,240 | 37,258 | 1,777 | $64.51 | $3.62 |
| Jan 2026 | 4,485 | 4,520 | 37,020 | 35,911 | 1,109 | $60.04 | $7.72 |
| Dec 2025 | 9,580 | 9,618 | 41,299 | 40,689 | 610 | $57.97 | $4.26 |
| Nov 2025 | 11,875 | 11,872 | 37,857 | 37,612 | 245 | $60.06 | $3.79 |
| Oct 2025 | 6,677 | 6,705 | 29,106 | 29,072 | 34 | $60.89 | $3.19 |
| Sep 2025 | 4,759 | 4,631 | 22,363 | 21,455 | 908 | $63.96 | $2.97 |
| Aug 2025 | 8,126 | 8,168 | 51,351 | 50,655 | 696 | $64.86 | $2.91 |
| Jul 2025 | 9,317 | 9,304 | 48,587 | 47,932 | 655 | $68.39 | $3.20 |
| Jun 2025 | 7,650 | 7,654 | 65,658 | 51,362 | 14,296 | $68.17 | $3.02 |
| May 2025 | 8,513 | 8,487 | 41,792 | 38,900 | 2,892 | $62.17 | $3.12 |
| Apr 2025 | 7,333 | 7,350 | 45,536 | 38,638 | 6,898 | $63.54 | $3.42 |
| Mar 2025 | 9,723 | 9,696 | 37,435 | 37,259 | 176 | $68.24 | $4.12 |
| Feb 2025 | 5,252 | 5,296 | 20,191 | 19,119 | 1,072 | $71.53 | $4.19 |
| Jan 2025 | 12,410 | 12,420 | 46,063 | 45,483 | 580 | $75.74 | $4.13 |
| Dec 2024 | 18,265 | 18,224 | 71,053 | 64,507 | 6,546 | $70.12 | $3.01 |
| Nov 2024 | 10,942 | 10,964 | 40,182 | 39,172 | 1,010 | $69.95 | $2.12 |
| Oct 2024 | 14,741 | 14,713 | 62,347 | 55,880 | 6,467 | $71.99 | $2.20 |
| Sep 2024 | 8,750 | 8,729 | 66,751 | 45,263 | 21,488 | $70.24 | $2.28 |
Flared above 3%
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Apache Corporation in Midland County
- FAMILY MAN B
99,604 bbl
- FAMILY MAN C
102,349 bbl
- CAMERON POE
99,722 bbl
- DIAMOND CUTTER WEST E
104,465 bbl
- DIAMOND CUTTER EAST R
102,135 bbl
- TXL-SCHROCK 3538 A
95,427 bbl
- DIAMOND CUTTER WEST F
99,552 bbl
- PARKS-COYOTE 1506 A
85,921 bbl
- FAMILY MAN A
78,131 bbl
- KENDRA PSA 3
94,194 bbl
Pegasus (Consolidated) field
- CRICKET A2
116,293 bbl
- CRICKET A1
109,445 bbl
- BRITAIN DORCUS E
100,177 bbl
- DORCUS JANEY A
99,570 bbl
- JETT H1
98,075 bbl
- DORCUS JANEY C
92,842 bbl
- JETT H8
98,294 bbl
- BLAZE M7
91,747 bbl
- BLAZE M4
81,087 bbl
- BLAZE M1
80,866 bbl
Leases within 10 km
- SANDERS, JUNE, TR. -A-
0 bbl · 0.2 km
- BUSBY
371,127 bbl · 0.2 km
- SANDERS, JUNE
0 bbl · 0.3 km
- DORA ROBERTS RANCH UNIT
7,137 bbl · 0.4 km
- DORA ROBERTS RANCH UNIT
128,244 bbl · 0.4 km
- SANDERS, JUNE, TR. -A-
0 bbl · 0.5 km
- SANDERS
0 bbl · 0.7 km
- DORA ROBERTS RANCH DEVONIAN UNIT
5 bbl · 0.9 km
- SANDERS, JUNE, TR. -A-
0 bbl · 1.3 km
- SANDERS, JUNE, TR. -B-
0 bbl · 1.4 km
Drilling permits within 10 km
TXL L #2308LS
new drill · horizontal · Continental Resources, Inc. · Midland County · 8.5 km
Permit 0917587 · Sep 10, 2026
TXL L #2306JM
new drill · horizontal · Continental Resources, Inc. · Midland County · 8.4 km
Permit 0917585 · Sep 10, 2026
TXL L #2307MS
new drill · horizontal · Continental Resources, Inc. · Midland County · 8.5 km
Permit 0917586 · Sep 10, 2026
CHARLIN 39-46 H #1HR
new drill · horizontal · Diamondback E&P LLC · Ector County · 9.3 km
Permit 0917862 · Aug 20, 2026
TXL L #2302WB
new drill · horizontal · Continental Resources, Inc. · Midland County · 8.5 km
Permit 0917581 · Aug 6, 2026