Skip to content
Royalty Clerk

Texas oil lease

Producing

BULLET 75-18

Bullet 75-18 is an oil lease in Winkler County, Texas, operated by Cog Operating LLC in the Phantom (Wolfcamp) field.

1 well

23,055bbl oil, last 12 months+999% vs prior year
Operator
Cog Operating LLC
County
Winkler County
Field
Phantom (Wolfcamp)
RRC lease
08-47466

Is your check right?

Check my statement

Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas, last 12 months
61,128 mcf
Oil in Jul 2026
3,680 bbl

Production by month

Oil output rose 9,159% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 9,159% over the last 12 monthsMonthly oil production and gas for BULLET 75-18, Aug 2023 to Jul 2026. Oil output rose 9,159% over the last 12 months. 23,055 bbl in the 12 months through Jul 2026, against 249 bbl in the 12 months before.Last 12 months: 23,055 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 9,159% over the last 12 monthsMonthly oil production and gas for BULLET 75-18, Aug 2023 to Jul 2026. Oil output rose 9,159% over the last 12 months. 23,055 bbl in the 12 months through Jul 2026, against 249 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, through Jul 2026.

Where the gas went

93% of the gas went to a processing plant in the last 12 months

Flaring peaked at 100.0% of the gas in Oct 2023.

  • Processing plant (3)
  • Flared (4)
93% of the gas went to a processing plant in the last 12 monthsShare of BULLET 75-18 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
93% of the gas went to a processing plant in the last 12 monthsShare of BULLET 75-18 gas by disposition code each month, Aug 2023 to Jul 2026. 93% of the gas went to a processing plant in the last 12 months. Flaring peaked at 100.0% of the gas in Oct 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 74,625 mcf

  • Flared (4)

    7.0% · 5,584 mcf

7.0% of the gas flared in the last 12 months. 11 months above 3%.

1 well on this lease

Wells on BULLET 75-18
API numberWell no.Status
42-495-336801HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers50Jun 1, 2020–
Targa Delaware LLCOilGathers25Jun 1, 2020–
Western Refining Company, L.p.OilGathers25Jun 1, 2020–
Targa Delaware LLCCasinghead gasGathers100May 1, 2017Jun 1, 2020
Targa Delaware LLCCasinghead gasBuys100May 1, 2017Jun 1, 2020
Targa Delaware LLCOilGathers90Nov 9, 2018Jun 1, 2020
Western Refining Company, L.p.OilGathers10Nov 9, 2018Jun 1, 2020

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

Who buys my oilOil price check

639.05 acres on the newest permit

Permits for Bullet 75-18
API numberWell no.Acreson the permit
42-495-336801H639.05

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 BULLET 75-18
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,6804,06613,96213,249713$80.46$2.89
Jun 20263,4023,05612,02211,208814$84.81$3.15
May 20265,2194,85016,39514,5831,812$102.13$2.94
Apr 20265,1905,2165480548$100.32$2.77
Mar 20265,2785,06716,43615,918518$91.38$3.04
Feb 202628601,7651,7641$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 202500000$63.96$2.97
Aug 202500000$64.86$2.91
Jul 202500000$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 202500000$63.54$3.42
Mar 202500000$68.24$4.12
Feb 202500000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 2024249064460836$70.12$3.01
Nov 202400000$69.95$2.12
Oct 202400000$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 202400000$79.77$2.54
May 202400000$80.02$2.12
Apr 202423017614828$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202400000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202300101$77.69$2.71
Oct 20234131,2591140114$85.64$2.98
Sep 20233,4264,0179,8549,529325$89.43$2.64
Aug 20231,1713268,2927,618674$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorCog Operating LLCFieldPhantom (Wolfcamp)CountyWinkler County

Cog Operating LLC in Winkler County

All Cog Operating LLC leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km