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Texas oil lease

Producing

COLE RANCHES

Cole Ranches is an oil lease in Sterling County, Texas, operated by Owl Ops LLC in the Garden City, S. (Wolfcamp) field.

2 wells

3,731bbl oil, last 12 months−25% vs prior year
Operator
Owl Ops LLC
County
Sterling County
Field
Garden City, S. (Wolfcamp)
RRC lease
08-44917

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Where it sits

This county

Sterling CountySterlingTom GreenMitchellNolanGlasscockHowardCokeSterling County
Sterling County
Gas, last 12 months
35,066 mcf
Oil in Jul 2026
340 bbl

Production by month

Oil output fell 25% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for COLE RANCHES, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 3,731 bbl in the 12 months through Jul 2026, against 4,946 bbl in the 12 months before.Last 12 months: 3,731 bblbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 25% over the last 12 monthsMonthly oil production and gas for COLE RANCHES, Aug 2023 to Jul 2026. Oil output fell 25% over the last 12 months. 3,731 bbl in the 12 months through Jul 2026, against 4,946 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,0001,0005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a processing plant in the last 12 monthsShare of COLE RANCHES gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of COLE RANCHES gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Jan 2023

Operators of this lease over timeStrand Energy, L.c., Jan 2020 to Jan 2022; Owl Operating Ventures L.L.C., Feb 2022 to Dec 2022; Owl Ops LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Feb 2022Changed Jan 2023Strand Energy, L.c.Jan 2020 to Jan 2022Owl Operating Ventures L.L.C.Feb 2022 to Dec 2022Owl Ops LLCJan 2023 to now
Operators of this lease over timeStrand Energy, L.c., Jan 2020 to Jan 2022; Owl Operating Ventures L.L.C., Feb 2022 to Dec 2022; Owl Ops LLC, Jan 2023 to Jul 20262020202120222023202420252026Changed Feb 2022Changed Jan 2023Strand Energy, L.c.Jan 2020 to Jan 2022Owl Operating Ventures L.L.C.Feb 2022 to Dec 2022Owl Ops LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on COLE RANCHES
API numberWell no.Status
42-431-334361Active
42-431-334372HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Dec 1, 2021–
Canes Midstream G&p LLCCasinghead gasBuys100Jan 1, 2023–
Canes Midstream G&p LLCCasinghead gasGathers100Jan 1, 2023–
Cogent Midstream Westex, LLCCasinghead gasGathers100Jun 1, 2020Jan 1, 2023
Cogent Midstream Westex, LLCCasinghead gasBuys100Jun 1, 2020Jan 1, 2023
Gibson Energy Marketing, LLCOilGathers100Jun 1, 2020Dec 1, 2021
Lucid Energy Westex, LLCCasinghead gasGathers100Sep 1, 2015Jun 1, 2020
Lucid Energy Westex, LLCCasinghead gasBuys100Sep 1, 2015Jun 1, 2020
Rio Energy International, Inc.OilGathers100Sep 1, 2018Jun 1, 2020

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

Who buys my oilOil price check

1,293.26 acres on the newest permit

Permits for Cole Ranches
API numberWell no.Acreson the permit
42-431-3343611,293.26
42-431-334361H1,293.26
42-431-334372H1,293.26

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for COLE RANCHES
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Owl Ops3401837997990$80.46$2.89
Jun 2026Owl Ops2571831,3631,3630$84.81$3.15
May 2026Owl Ops951872,4342,4340$102.13$2.94
Apr 2026Owl Ops2753682,9282,9280$100.32$2.77
Mar 2026Owl Ops3753683,7123,7120$91.38$3.04
Feb 2026Owl Ops3135363,3473,3470$64.51$3.62
Jan 2026Owl Ops3613723,0823,0820$60.04$7.72
Dec 2025Owl Ops4271794,1344,1340$57.97$4.26
Nov 2025Owl Ops3333693,2723,2720$60.06$3.79
Oct 2025Owl Ops3835453,4483,4480$60.89$3.19
Sep 2025Owl Ops3403692,7522,7520$63.96$2.97
Aug 2025Owl Ops2321863,7953,7950$64.86$2.91
Jul 2025Owl Ops4391873,7653,7650$68.39$3.20
Jun 2025Owl Ops4113553,4043,4040$68.17$3.02
May 2025Owl Ops3473723,5833,5830$62.17$3.12
Apr 2025Owl Ops3625423,4793,4790$63.54$3.42
Mar 2025Owl Ops3941843,6553,6550$68.24$4.12
Feb 2025Owl Ops3685422,6022,6020$71.53$4.19
Jan 2025Owl Ops4965423,9063,9060$75.74$4.13
Dec 2024Owl Ops4393783,9543,9540$70.12$3.01
Nov 2024Owl Ops4113653,5503,5500$69.95$2.12
Oct 2024Owl Ops4525554,0684,0680$71.99$2.20
Sep 2024Owl Ops3831793,2563,2560$70.24$2.28
Aug 2024Owl Ops4445583,5803,5800$76.68$1.99
Jul 2024Owl Ops4153583,6173,6170$81.80$2.07
Jun 2024Owl Ops4115173,8303,8300$79.77$2.54
May 2024Owl Ops4503623,9383,9380$80.02$2.12
Apr 2024Owl Ops3693643,5393,5390$85.35$1.60
Mar 2024Owl Ops4585503,9683,9680$81.28$1.49
Feb 2024Owl Ops4763673,6683,6680$77.25$1.72
Jan 2024Owl Ops4825413,3763,3760$74.15$3.18
Dec 2023Owl Ops5195334,1314,1310$71.90$2.52
Nov 2023Owl Ops4915663,7513,7510$77.69$2.71
Oct 2023Owl Ops4803574,2474,2470$85.64$2.98
Sep 2023Owl Ops5175514,6314,6310$89.43$2.64
Aug 2023Owl Ops3013544,5624,5620$81.39$2.58

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

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This lease belongs to

OperatorOwl Ops LLCFieldGarden City, S. (Wolfcamp)CountySterling County

Owl Ops LLC in Sterling County

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Garden City, S. (Wolfcamp) field

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