Skip to content
Royalty Clerk

Texas oil lease · RRC district 08 · Lease 48223

Producing

BRUNSON

Brunson is an oil lease in Loving County, Texas, operated by Cog Operating LLC in the Phantom (Wolfcamp) field. The Railroad Commission shows 43,514 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

43,514bbl oil, last 12 months−4% vs prior year
Operator
Cog Operating LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-48223

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County · RRC district 08Open Loving County →
Gas, last 12 months
69,301 mcf
Oil in Jul 2026
534 bbl
Reporting to the state
since Jan 2020
Wells
2

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 4% over the last 12 months

43,514 bbl in the 12 months through Jul 2026, against 45,095 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for BRUNSON, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 43,514 bbl in the 12 months through Jul 2026, against 45,095 bbl in the 12 months before.Last 12 months: 43,514 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 4% over the last 12 monthsMonthly oil production and gas for BRUNSON, Aug 2023 to Jul 2026. Oil output fell 4% over the last 12 months. 43,514 bbl in the 12 months through Jul 2026, against 45,095 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 48223, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

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

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 13.4% of the gas in May 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of BRUNSON gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 13.4% of the gas in May 2026.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: plant to fuelFlared 13.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plantShare of BRUNSON gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to lease fuel instead of a processing plant. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 13.4% of the gas in May 2026.Share of gas by disposition code0%50%100%Jul 26: plant to fuelFlared 13.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 48223, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 3.3% of the gas was flared. 3 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Cog Operating LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeCog Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Cog Operating LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeCog Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Cog Operating LLCJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 48223 in district 08. The API number is the state’s ID for a well.
Wells on BRUNSON
API numberWell no.Status
42-301-327971121HActive
42-301-328761024HActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 48223.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Marketing, L.p. gathers it.

    100% of it, on the list since Jul 1, 2026

  • Gas from oil wells

    Targa Delaware LLC buys and gathers it.

    Targa Delaware LLC buys it: 100% of it, on the list since Jan 22, 2020 · Targa Delaware LLC gathers it: 100% of it, on the list since Jan 22, 2020

Companies that used to be listed: Plains Marketing, L.p. (gathers it, until Jul 1, 2026); Oryx Delaware Oil Transport LLC (gathers it, until Apr 1, 2025); Energy Transfer Company (gathers it, until Jan 22, 2020); Energy Transfer Company (buys it, until Jan 22, 2020); Targa Delaware LLC (gathers it, until Jan 22, 2020); Western Refining Company, L.p. (gathers it, until Jan 22, 2020).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

1,029 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
22 not plugged
Horizontal
2
First completion
Jun 16, 2016
Latest permit
Apr 1, 2016
Wells and acres on the permits for Brunson
API numberWell no.Acreson the permit
42-301-328761024H1,029
42-301-327971121H1,029

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

What the operator reported

What ConocoPhillips told investors it received

Cog Operating LLC is linked to ConocoPhillips (COP). Public companies report the average price they realize each quarter. It is an average across everything the company operates, not the price on this lease.
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 on SEC EDGAR, prices before hedging where the company states both. Read by machine from each filing’s tables; the link opens the filing so you can check the figure.

Compare with the price on my stub

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says BRUNSON sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for BRUNSON
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Cog Operating5341,4071,14700$80.46$2.89
Jun 2026Cog Operating3,4673,3047,1746,0640$84.81$3.15
May 2026Cog Operating4,5774,2465,5953,696752$102.13$2.94
Apr 2026Cog Operating4,4704,9736,1484,248790$100.32$2.77
Mar 2026Cog Operating5,7626,0239,0917,89747$91.38$3.04
Feb 2026Cog Operating4,6744,4357,4055,890516$64.51$3.62
Jan 2026Cog Operating4,2133,7866,5525,254151$60.04$7.72
Dec 2025Cog Operating1,6611,7132,6851,5380$57.97$4.26
Nov 2025Cog Operating2,3132,0384,3413,2292$60.06$3.79
Oct 2025Cog Operating3,4284,3806,1895,0366$60.89$3.19
Sep 2025Cog Operating4,3733,5866,7525,6411$63.96$2.97
Aug 2025Cog Operating4,0423,1816,2225,0723$64.86$2.91
Jul 2025Cog Operating3,6093,5856,1765,0290$68.39$3.20
Jun 2025Cog Operating2,2922,0293,2572,1398$68.17$3.02
May 2025Cog Operating2,0192,4573,5042,33621$62.17$3.12
Apr 2025Cog Operating1,6731,3762,2491,1390$63.54$3.42
Mar 2025Cog Operating2,0462,1813,9782,8310$68.24$4.12
Feb 2025Cog Operating3,1973,1318,1257,1206$71.53$4.19
Jan 2025Cog Operating4,9194,80410,6609,290223$75.74$4.13
Dec 2024Cog Operating3,5323,47710,8229,6741$70.12$3.01
Nov 2024Cog Operating4,1144,13810,3479,2343$69.95$2.12
Oct 2024Cog Operating5,7026,10513,43312,26422$71.99$2.20
Sep 2024Cog Operating5,1235,12410,0548,90539$70.24$2.28
Aug 2024Cog Operating6,8697,26513,82312,65624$76.68$1.99
Jul 2024Cog Operating6,0546,38111,49110,50914$81.80$2.07
Jun 2024Cog Operating5,8285,3829,7278,7943$79.77$2.54
May 2024Cog Operating4,6515,342000$80.02$2.12
Apr 2024Cog Operating4,1134,1248,3107,3791$85.35$1.60
Mar 2024Cog Operating5,6575,6949,4438,4811$81.28$1.49
Feb 2024Cog Operating5,5785,2288,5027,6012$77.25$1.72
Jan 2024Cog Operating4,0854,2325,3884,4270$74.15$3.18
Dec 2023Cog Operating5,6435,1177,7996,669169$71.90$2.52
Nov 2023Cog Operating5,3725,9196,8965,9660$77.69$2.71
Oct 2023Cog Operating4,4653,6517,4466,45728$85.64$2.98
Sep 2023Cog Operating5,9136,38511,63810,7080$89.43$2.64
Aug 2023Cog Operating6,3876,12210,8269,8650$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for BRUNSON. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Cog Operating LLC.

Check my statementTry a sample owner
  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorCog Operating LLCFieldPhantom (Wolfcamp)CountyLoving County

Cog Operating LLC in Loving County

All Cog Operating LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 48223, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.