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Royalty Clerk

Texas gas well

Producing

COBRA #2

Cobra #2 is a gas well in Rusk County, Texas, operated by Sabine Energy Inc. in the Minden (Cotton Valley Cons.) field.

Gas well dossier

25,243mcf gas, last 12 months+13% vs prior year
RRC lease
06-242758

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Gas in Jul 2026
2,220 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Sabine Energy Inc. took over from Sabine Oil & Gas Corporation in Jan 2026.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jun 25, 2026 (last P-5 filed Feb 3, 2025).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output rose 13% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 13% over the last 12 monthsMonthly gas production and oil for COBRA #2, Aug 2023 to Jul 2026. Gas output rose 13% over the last 12 months. 25,243 mcf in the 12 months through Jul 2026, against 22,306 mcf in the 12 months before.Last 12 months: 25,243 mcfmcf per monthbbl per month002,0001004,0002006,0003008,000400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 13% over the last 12 monthsMonthly gas production and oil for COBRA #2, Aug 2023 to Jul 2026. Gas output rose 13% over the last 12 months. 25,243 mcf in the 12 months through Jul 2026, against 22,306 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,0001004,0002006,0003008,000400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuelShare of COBRA #2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jan 2026: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuelShare of COBRA #2 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Jan 26: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    74% · 18,660 mcf

  • Lease fuel (1)

    26% · 6,583 mcf

Who has run this lease

The operator changed once, most recently in Jan 2026

Operators of this lease over timeSabine Oil & Gas Corporation, Jan 2020 to Dec 2025; Sabine Energy Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Sabine Oil & Gas CorporationJan 2020 to Dec 2025Sabine Energy Inc.Jan 2026 to now
Operators of this lease over timeSabine Oil & Gas Corporation, Jan 2020 to Dec 2025; Sabine Energy Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Sabine Oil & Gas CorporationJan 2020 to Dec 2025Sabine Energy Inc.Jan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100Jan 1, 2023–
Midcoast Pipelines (E Tx) L.p.Gas-well gasBuys100Oct 7, 2019–
Midcoast Pipelines (E Tx) L.p.Gas-well gasGathers100Oct 7, 2019–
Eastex Crude CompanyCondensateGathers100Nov 1, 2011Jan 1, 2023
Enterprise Products Operating LLCGas-well gasGathers100Nov 1, 2011Oct 7, 2019
Sabine Oil & Gas CorporationGas-well gasBuys100Oct 1, 2017Oct 7, 2019

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

629.41 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Cobra #2
API numberWell no.Acreson the permit
42-401-347604629.41

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for COBRA #2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Sabine Energy002,2201,6580$80.46$2.89
Jun 2026Sabine Energy002,0981,5440$84.81$3.15
May 2026Sabine Energy001,9221,3890$102.13$2.94
Apr 2026Sabine Energy002,1561,5810$100.32$2.77
Mar 2026Sabine Energy001,8901,3540$91.38$3.04
Feb 2026Sabine Energy001,8941,3940$64.51$3.62
Jan 2026Sabine Energy001,7681,3320$60.04$7.72
Dec 2025Sabine Oil0048800$57.97$4.26
Nov 2025Sabine Oil002,4781,9070$60.06$3.79
Oct 2025Sabine Oil002,8412,2000$60.89$3.19
Sep 2025Sabine Oil002,6742,1000$63.96$2.97
Aug 2025Sabine Oil002,8142,2010$64.86$2.91
Jul 2025Sabine Oil001,4149230$68.39$3.20
Jun 2025Sabine Oil001,1226310$68.17$3.02
May 2025Sabine Oil001,2517240$62.17$3.12
Apr 2025Sabine Oil001,1346250$63.54$3.42
Mar 2025Sabine Oil002,2591,6860$68.24$4.12
Feb 2025Sabine Oil002,0241,5080$71.53$4.19
Jan 2025Sabine Oil002,3511,8440$75.74$4.13
Dec 2024Sabine Oil002,7202,1230$70.12$3.01
Nov 2024Sabine Oil002,4231,8700$69.95$2.12
Oct 2024Sabine Oil001,9791,4180$71.99$2.20
Sep 2024Sabine Oil001,8681,3420$70.24$2.28
Aug 2024Sabine Oil001,7611,2160$76.68$1.99
Jul 2024Sabine Oil002,0631,4970$81.80$2.07
Jun 2024Sabine Oil002,2331,6840$79.77$2.54
May 2024Sabine Oil0028800$80.02$2.12
Apr 2024Sabine Oil0041600$85.35$1.60
Mar 2024Sabine Oil00567830$81.28$1.49
Feb 2024Sabine Oil1421291,0635720$77.25$1.72
Jan 2024Sabine Oil001,8931,4130$74.15$3.18
Dec 2023Sabine Oil007,3136,8940$71.90$2.52
Nov 2023Sabine Oil0145,5395,1220$77.69$2.71
Oct 2023Sabine Oil421336,7276,2190$85.64$2.98
Sep 2023Sabine Oil2941955,6945,2400$89.43$2.64
Aug 2023Sabine Oil1601842,7182,4900$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Sabine Energy Inc. in Rusk County

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Minden (Cotton Valley Cons.) field

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New drilling permits in Rusk County

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