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Texas oil lease

Producing

COWDEN25

Cowden25 is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

2 wells

184bbl oil, last 12 months−66% vs prior year
RRC lease
7C-15904

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
3,986 mcf
Oil in Jul 2026
19 bbl

Checks stopped on this lease?

  • Sales

    No sales reported for the last 5 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

Oil output fell 66% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 66% over the last 12 monthsMonthly oil production and gas for COWDEN25, Aug 2023 to Jul 2026. Oil output fell 66% over the last 12 months. 184 bbl in the 12 months through Jul 2026, against 547 bbl in the 12 months before.Last 12 months: 184 bblbbl per monthmcf per month0050100100200150300200400250500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 66% over the last 12 monthsMonthly oil production and gas for COWDEN25, Aug 2023 to Jul 2026. Oil output fell 66% over the last 12 months. 184 bbl in the 12 months through Jul 2026, against 547 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050100100200150300200400250500Jan 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 COWDEN25 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 COWDEN25 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.

2 wells on this lease

Wells on COWDEN25
API numberWell no.Status
42-461-349531Active
42-461-359222Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers90Mar 1, 2017
Enlink Crude Purchasing LLCOilGathers10Mar 1, 2018
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

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

147.60 acres on the newest permit

The wells on this lease state different acreage

The permits state between 147.6 and 160 acres.

Permits for Cowden25
API numberWell no.Acreson the permit
42-461-359222147.60
42-461-349531160

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

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 COWDEN25
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261902902900$80.46$2.89
Jun 20262202982980$84.81$3.15
May 20261602022020$102.13$2.94
Apr 20261902812810$100.32$2.77
Mar 20262902832830$91.38$3.04
Feb 2026341983523520$64.51$3.62
Jan 2026003523520$60.04$7.72
Dec 2025003613610$57.97$4.26
Nov 2025003323320$60.06$3.79
Oct 2025003893890$60.89$3.19
Sep 202581514084080$63.96$2.97
Aug 20253704384380$64.86$2.91
Jul 20253804484480$68.39$3.20
Jun 20258104264260$68.17$3.02
May 20251411524214210$62.17$3.12
Apr 2025004344340$63.54$3.42
Mar 202541624324320$68.24$4.12
Feb 20254003453450$71.53$4.19
Jan 20255303973970$75.74$4.13
Dec 2024781713813810$70.12$3.01
Nov 20241303843840$69.95$2.12
Oct 20247704074070$71.99$2.20
Sep 2024003993990$70.24$2.28
Aug 20242203933930$76.68$1.99
Jul 20243203993990$81.80$2.07
Jun 20242403463460$79.77$2.54
May 2024193167000$80.02$2.12
Apr 20243004064060$85.35$1.60
Mar 20243403833830$81.28$1.49
Feb 2024671724384380$77.25$1.72
Jan 20247504664660$74.15$3.18
Dec 20233204414410$71.90$2.52
Nov 20233204074070$77.69$2.71
Oct 20232304504500$85.64$2.98
Sep 2023211664444440$89.43$2.64
Aug 20233204724720$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

Cog Operating LLC in Upton County

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