YELLOW BELLY
YELLOW BELLY is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Apache Corporation. It has 26 wellbores on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 3,742,340 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 $661.4M, with roughly $146.2M 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 225,803 barrels a month, about 8,685 per wellbore. Its strongest month on the record we hold was November 2025, at 351,609 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 YELLOW BELLY
- Who operates YELLOW BELLY?
- YELLOW BELLY is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is YELLOW BELLY?
- YELLOW BELLY is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58952.
- Is YELLOW BELLY still producing?
- YELLOW BELLY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for YELLOW BELLY is August 2026.
- How much has YELLOW BELLY produced?
- YELLOW BELLY has reported 3,742,340 barrels of oil (bbl) to the Railroad Commission of Texas between November 2022 and August 2026, from 26 wellbores.
- How much is YELLOW BELLY worth?
- The remaining production from YELLOW BELLY is estimated to be worth about $661.4M in total as of 27 August 2026, within a range of $542.3M to $780.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in YELLOW BELLY is a fraction of it. The estimate fits an Arps decline curve to the production YELLOW BELLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for YELLOW BELLY is an estimate of value, not an offer and not an appraisal.
- How much income does YELLOW BELLY generate in a year?
- YELLOW BELLY is forecast to net about $146.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in YELLOW BELLY 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 58952 |
| Wellbores | 26 |
| Reported production | 3,742,340 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $661.4M |
Where YELLOW BELLY 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.