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Texas oil lease

Producing

BOYD 28-11

Boyd 28-11 is an oil lease in Loving County, Texas, operated by Cog Operating LLC in the Phantom (Wolfcamp) field.

1 well

11,939bbl oil, last 12 months+58% vs prior year
Operator
Cog Operating LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-50185

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
16,223 mcf
Oil in Jul 2026
916 bbl

Production by month

Oil output rose 58% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 58% over the last 12 monthsMonthly oil production and gas for BOYD 28-11, Aug 2023 to Jul 2026. Oil output rose 58% over the last 12 months. 11,939 bbl in the 12 months through Jul 2026, against 7,573 bbl in the 12 months before.Last 12 months: 11,939 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 58% over the last 12 monthsMonthly oil production and gas for BOYD 28-11, Aug 2023 to Jul 2026. Oil output rose 58% over the last 12 months. 11,939 bbl in the 12 months through Jul 2026, against 7,573 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 11.1% of the gas in Feb 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since May 2026 the lease's gas goes to a processing plant instead of lease fuelShare of BOYD 28-11 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 11.1% of the gas in Feb 2026.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: fuel to plantFlared 11.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to a processing plant instead of lease fuelShare of BOYD 28-11 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 11.1% of the gas in Feb 2026.Share of gas by disposition code0%50%100%May 26: fuel to plantFlared 11.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    70% · 11,284 mcf

  • Processing plant (3)

    29% · 4,750 mcf

  • Flared (4)

    1.2% · 189 mcf

1.2% of the gas flared in the last 12 months. 2 months above 3%.

1 well on this lease

Wells on BOYD 28-11
API numberWell no.Status
42-301-336761HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCOilGathers100Jan 22, 2020–
Targa Delaware LLCCasinghead gasBuys100Jan 22, 2020–
Targa Delaware LLCCasinghead gasGathers100Jan 22, 2020–
Targa Delaware LLCCasinghead gasGathers100Mar 28, 2018Jan 22, 2020
Targa Delaware LLCCasinghead gasBuys100Mar 28, 2018Jan 22, 2020
Targa Delaware LLCOilGathers50Mar 28, 2018Jan 22, 2020
Western Refining Company, L.p.OilGathers50Mar 28, 2018Jan 22, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

320 acres on the newest permit

Permits for Boyd 28-11
API numberWell no.Acreson the permit
42-301-336761H320

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What ConocoPhillips told investors it received

Cog Operating LLC is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for BOYD 28-11
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20269167171,9319700$80.46$2.89
Jun 20269951,2052,0981,1680$84.81$3.15
May 20261,1258651,9589970$102.13$2.94
Apr 20269958351,7127820$100.32$2.77
Mar 20261,1589271,7948330$91.38$3.04
Feb 20268941,6909410104$64.51$3.62
Jan 20261,02986496100$60.04$7.72
Dec 20251,2001,1861,046085$57.97$4.26
Nov 202533624793000$60.06$3.79
Oct 20259571,18396100$60.89$3.19
Sep 20251,1631,27793000$63.96$2.97
Aug 20251,1711,28996100$64.86$2.91
Jul 20257024171,2883270$68.39$3.20
Jun 20254285451,2953650$68.17$3.02
May 20259265941,5716100$62.17$3.12
Apr 20258891,0621,5656350$63.54$3.42
Mar 20251,2166331,8809190$68.24$4.12
Feb 20258056121,2343660$71.53$4.19
Jan 2025242891,028670$75.74$4.13
Dec 20243396100$70.12$3.01
Nov 202428162950200$69.95$2.12
Oct 202444939396100$71.99$2.20
Sep 20247807881,1842540$70.24$2.28
Aug 20241,1051,0381,6586961$76.68$1.99
Jul 20249569921,5215600$81.80$2.07
Jun 20241,2521,0601,8309000$79.77$2.54
May 20241,4211,423000$80.02$2.12
Apr 20248531,1331,1702391$85.35$1.60
Mar 20241,4281,3192,5911,6610$81.28$1.49
Feb 20241,2561,0991,5236541$77.25$1.72
Jan 20241,2541,2291,6707090$74.15$3.18
Dec 20231,3931,3961,5305690$71.90$2.52
Nov 20231,1501,1811,6787480$77.69$2.71
Oct 20238468431,5006630$85.64$2.98
Sep 20231,1621,2631,6967660$89.43$2.64
Aug 20231,2641,6571,7648021$81.39$2.58

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

This lease belongs to

OperatorCog Operating LLCFieldPhantom (Wolfcamp)CountyLoving County

Cog Operating LLC in Loving County

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Phantom (Wolfcamp) field

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