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COOPER 348

Cooper 348 is an oil lease in Lipscomb County, Texas, operated by Highmark Energy Operating, LLC in the Lipscomb (Cleveland) field.

4 wells

1,787bbl oil, last 12 months+116% vs prior year
RRC lease
10-07627

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Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Gas, last 12 months
13,054 mcf
Oil in Jul 2026
93 bbl

Production by month

Oil output rose 116% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 116% over the last 12 monthsMonthly oil production and gas for COOPER 348, Aug 2023 to Jul 2026. Oil output rose 116% over the last 12 months. 1,787 bbl in the 12 months through Jul 2026, against 826 bbl in the 12 months before.Last 12 months: 1,787 bblbbl per monthmcf per month00505001001,0001501,5002002,0002502,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 116% over the last 12 monthsMonthly oil production and gas for COOPER 348, Aug 2023 to Jul 2026. Oil output rose 116% over the last 12 months. 1,787 bbl in the 12 months through Jul 2026, against 826 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00505001001,0001501,5002002,0002502,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2024 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Dec 2024 the lease's gas goes to a transmission line instead of lease fuelShare of COOPER 348 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 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%Dec 2024: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2024 the lease's gas goes to a transmission line instead of lease fuelShare of COOPER 348 gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Dec 24: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Feb 2022

Operators of this lease over timeEOG Resources, Inc., Jan 2020 to Jan 2022; Highmark Energy Operating, LLC, Feb 2022 to Jul 20262020202120222023202420252026Changed Feb 2022EOG Resources, Inc.Jan 2020 to Jan 2022Highmark Energy Operating, LLCFeb 2022 to now
Operators of this lease over timeEOG Resources, Inc., Jan 2020 to Jan 2022; Highmark Energy Operating, LLC, Feb 2022 to Jul 20262020202120222023202420252026Changed Feb 2022EOG Resources, Inc.Jan 2020 to Jan 2022Highmark Energy Operating, LLCFeb 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on COOPER 348
API numberWell no.Status
42-295-329501HShut-in
42-295-330762HActive
42-295-331454HActive
42-295-331463HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Cp Energy, L.l.c.OilGathers100Feb 1, 2015
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015
Eog Resources, Inc.Casinghead gasGathers100Feb 18, 2007

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

644.60 acres on the newest permit

Permits for Cooper 348
API numberWell no.Acreson the permit
42-295-331454H644.60
42-295-331463H644.60
42-295-330762H644.60
42-295-329501H644.60

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

Estimate your royalty

36 months, newest first

Ledger for COOPER 348
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Highmark Energy9301,0751,0750$80.46$2.89
Jun 2026Highmark Energy861467647640$84.81$3.15
May 2026Highmark Energy12401,0851,0850$102.13$2.94
Apr 2026Highmark Energy1173085935930$100.32$2.77
Mar 2026Highmark Energy13001,1751,1750$91.38$3.04
Feb 2026Highmark Energy12501,2411,2410$64.51$3.62
Jan 2026Highmark Energy2205031,2191,2190$60.04$7.72
Dec 2025Highmark Energy16901,3151,3150$57.97$4.26
Nov 2025Highmark Energy17401,4251,4250$60.06$3.79
Oct 2025Highmark Energy1811911,1211,1210$60.89$3.19
Sep 2025Highmark Energy1693319489480$63.96$2.97
Aug 2025Highmark Energy19901,0931,0930$64.86$2.91
Jul 2025Highmark Energy1883551,3161,3160$68.39$3.20
Jun 2025Highmark Energy1003923920$68.17$3.02
May 2025Highmark Energy00000$62.17$3.12
Apr 2025Highmark Energy321814664660$63.54$3.42
Mar 2025Highmark Energy14603013010$68.24$4.12
Feb 2025Highmark Energy201,0961,0960$71.53$4.19
Jan 2025Highmark Energy00000$75.74$4.13
Dec 2024Highmark Energy8004793820$70.12$3.01
Nov 2024Highmark Energy141529400$69.95$2.12
Oct 2024Highmark Energy10006825850$71.99$2.20
Sep 2024Highmark Energy161831,0619670$70.24$2.28
Aug 2024Highmark Energy2381579028050$76.68$1.99
Jul 2024Highmark Energy606185210$81.80$2.07
Jun 2024Highmark Energy1141301,1171,0230$79.77$2.54
May 2024Highmark Energy7605124150$80.02$2.12
Apr 2024Highmark Energy009400$85.35$1.60
Mar 2024Highmark Energy002071100$81.28$1.49
Feb 2024Highmark Energy6305965060$77.25$1.72
Jan 2024Highmark Energy5108467490$74.15$3.18
Dec 2023Highmark Energy6808827850$71.90$2.52
Nov 2023Highmark Energy351718557610$77.69$2.71
Oct 2023Highmark Energy5908357380$85.64$2.98
Sep 2023Highmark Energy6307056110$89.43$2.64
Aug 2023Highmark Energy691821,1131,0160$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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Nearby

Highmark Energy Operating, LLC in Lipscomb County

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Lipscomb (Cleveland) field

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