NIGHT FLIGHT 4738 F
NIGHT FLIGHT 4738 F is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Apache Corporation. It has 2 wellbores on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 291,425 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $9.6M, with roughly $5.1M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 3,614 barrels a month, about 1,807 per wellbore. Its strongest month on the record we hold was May 2020, at 18,824 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about NIGHT FLIGHT 4738 F
- Who operates NIGHT FLIGHT 4738 F?
- NIGHT FLIGHT 4738 F is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is NIGHT FLIGHT 4738 F?
- NIGHT FLIGHT 4738 F is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20986.
- Is NIGHT FLIGHT 4738 F still producing?
- NIGHT FLIGHT 4738 F is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIGHT FLIGHT 4738 F is August 2026.
- How much has NIGHT FLIGHT 4738 F produced?
- NIGHT FLIGHT 4738 F has reported 291,425 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 2 wellbores.
- How much is NIGHT FLIGHT 4738 F worth?
- The remaining production from NIGHT FLIGHT 4738 F is estimated to be worth about $9.6M in total as of 26 August 2026, within a range of $7.9M to $11.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIGHT FLIGHT 4738 F is a fraction of it. The estimate fits an Arps decline curve to the production NIGHT FLIGHT 4738 F has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIGHT FLIGHT 4738 F is an estimate of value, not an offer and not an appraisal.
- How much income does NIGHT FLIGHT 4738 F generate in a year?
- NIGHT FLIGHT 4738 F is forecast to net about $5.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NIGHT FLIGHT 4738 F receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 20986 |
| Wellbores | 2 |
| Reported production | 291,425 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9.6M |
Where NIGHT FLIGHT 4738 F sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.