APACHE 58
APACHE 58 is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Bright & Co. It has 2 wellbores on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 24,858 barrels. The lease is intermittent. 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 $976K, with roughly $160K 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 47 barrels a month, about 24 per wellbore. Its strongest month on the record we hold was February 2026, at 322 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 APACHE 58
- Who operates APACHE 58?
- APACHE 58 is operated by Bright & Co., Railroad Commission of Texas operator number 093125.
- Where is APACHE 58?
- APACHE 58 is a Texas oil lease in Sterling County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39323.
- Is APACHE 58 still producing?
- APACHE 58 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for APACHE 58 is August 2026.
- How much has APACHE 58 produced?
- APACHE 58 has reported 24,858 barrels of oil (bbl) to the Railroad Commission of Texas between January 2009 and August 2026, from 2 wellbores.
- How much is APACHE 58 worth?
- The remaining production from APACHE 58 is estimated to be worth about $976K in total as of 26 August 2026, within a range of $537K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in APACHE 58 is a fraction of it. The estimate fits an Arps decline curve to the production APACHE 58 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for APACHE 58 is an estimate of value, not an offer and not an appraisal.
- How much income does APACHE 58 generate in a year?
- APACHE 58 is forecast to net about $160K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in APACHE 58 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bright & Co. |
|---|---|
| Field | Walter (Wolfcamp) |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 39323 |
| Wellbores | 2 |
| Reported production | 24,858 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $976K |
Where APACHE 58 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.