APOLLO 38-1 UNIT 1

APOLLO 38-1 UNIT 1 is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 11 wellbores on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 2,189,851 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.1M, with roughly $386K expected over the next twelve months.

OperatorEndeavor Energy Resources L.P.
FieldSpraberry (Trend Area)
CountyMartin County, Texas
RRC district08
Lease number59810
Wellbores11
Reported production2,189,851 bbl
First reportedAugust 2023
Last reportedAugust 2026
Estimated royalty value$1.1M

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.