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Texas oil lease

Producing

TXL-SCHROCK 3538 D

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

3 wells

245,802bbl oil, last 12 months−46% vs prior year
RRC lease
08-60431

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
1,223,628 mcf
Oil in Jul 2026
16,674 bbl

Production by month

Oil output fell 46% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for TXL-SCHROCK 3538 D, Mar 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 245,802 bbl in the 12 months through Jul 2026, against 458,926 bbl in the 12 months before.Last 12 months: 245,802 bblbbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kApr 24JulOctJan 25AprJulOctJan 26AprJul
Oil output fell 46% over the last 12 monthsMonthly oil production and gas for TXL-SCHROCK 3538 D, Mar 2024 to Jul 2026. Oil output fell 46% over the last 12 months. 245,802 bbl in the 12 months through Jul 2026, against 458,926 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k25k40k50k60k75k80k100k100k125kJul 24Jan 25JulJan 26Jul

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 11.1% of the gas in Jul 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a transmission line in the last 12 monthsShare of TXL-SCHROCK 3538 D gas by disposition code each month, Mar 2024 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 11.1% of the gas in Jul 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 11.1%Apr 24JulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a transmission line in the last 12 monthsShare of TXL-SCHROCK 3538 D gas by disposition code each month, Mar 2024 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months. Flaring peaked at 11.1% of the gas in Jul 2025.Share of gas by disposition code0%50%100%Flared 11.1%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 1,154,577 mcf

  • Flared (4)

    2.5% · 30,458 mcf

  • Processing plant (3)

    1.6% · 19,763 mcf

  • Lease fuel (1)

    1.5% · 18,830 mcf

2.5% of the gas flared in the last 12 months. 6 months above 3%.

3 wells on this lease

Wells on TXL-SCHROCK 3538 D
API numberWell no.Status
42-173-389556HMActive
42-173-3895610HCActive
42-329-462835HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jul 10, 2023
Enterprise Products Operating LLCCasinghead gasBuys100Jul 10, 2023
Enterprise Products Operating LLCCasinghead gasGathers100Jul 10, 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 D
API numberWell no.Acreson the permit
42-173-389556HM320
42-173-3895610HC320
42-329-462835HA320

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 D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202616,67416,66284,91180,3332,255$80.46$2.89
Jun 202615,45715,52680,82675,5942,463$84.81$3.15
May 202617,71817,76599,02691,5032,981$102.13$2.94
Apr 202618,03418,060113,064107,6653,111$100.32$2.77
Mar 202622,85622,846111,207106,5182,184$91.38$3.04
Feb 202618,53618,53187,87085,63176$64.51$3.62
Jan 202617,47517,59893,13790,0371,429$60.04$7.72
Dec 202523,34223,241121,245120,57997$57.97$4.26
Nov 202523,46823,450115,561115,181380$60.06$3.79
Oct 202525,43625,441121,122120,933189$60.89$3.19
Sep 202522,78422,771100,75592,0868,669$63.96$2.97
Aug 202524,02224,07894,90488,2806,624$64.86$2.91
Jul 202530,59930,560112,25699,80912,447$68.39$3.20
Jun 202526,13326,17998,85695,7233,133$68.17$3.02
May 202533,39933,374116,938115,8441,094$62.17$3.12
Apr 202535,54735,533117,465114,0063,459$63.54$3.42
Mar 202533,46433,550100,85399,2931,560$68.24$4.12
Feb 202534,05134,08898,10997,736373$71.53$4.19
Jan 202539,05238,919112,977111,5301,447$75.74$4.13
Dec 202441,75541,820105,752105,073679$70.12$3.01
Nov 202442,86042,905102,441102,124317$69.95$2.12
Oct 202443,36043,37496,90595,4851,420$71.99$2.20
Sep 202446,21846,168102,93799,9333,004$70.24$2.28
Aug 202452,48852,64796,95994,7182,241$76.68$1.99
Jul 202458,14858,02084,55382,8951,658$81.80$2.07
Jun 202469,45969,508111,101109,5111,590$79.77$2.54
May 202463,49063,46787,56387,078485$80.02$2.12
Apr 202449,55449,43582,37980,9901,389$85.35$1.60
Mar 202422,16021,88033,46832,471997$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

Spraberry (Trend Area) field

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