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Texas oil lease

Producing

COWDEN28

Cowden28 is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

2 wells

1,379bbl oil, last 12 months+7% vs prior year
RRC lease
7C-15873

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
8,695 mcf
Oil in Jul 2026
103 bbl

Production by month

Oil output rose 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for COWDEN28, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 1,379 bbl in the 12 months through Jul 2026, against 1,285 bbl in the 12 months before.Last 12 months: 1,379 bblbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 7% over the last 12 monthsMonthly oil production and gas for COWDEN28, Aug 2023 to Jul 2026. Oil output rose 7% over the last 12 months. 1,379 bbl in the 12 months through Jul 2026, against 1,285 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,0005002,500Jan 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

  • Processing plant (3)
  • Lease fuel (1)
All of the gas went to a processing plant in the last 12 monthsShare of COWDEN28 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 COWDEN28 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 COWDEN28
API numberWell no.Status
42-461-349381Active
42-461-369082Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100Feb 1, 2017
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).

161.40 acres on the newest permit

Permits for Cowden28
API numberWell no.Acreson the permit
42-461-369082161.40
42-461-349381161.40

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 COWDEN28
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202610306516510$80.46$2.89
Jun 2026941647217210$84.81$3.15
May 20261101956946940$102.13$2.94
Apr 202611106166160$100.32$2.77
Mar 20261612267637630$91.38$3.04
Feb 202611105295290$64.51$3.62
Jan 20261161956846840$60.04$7.72
Dec 20251151646676670$57.97$4.26
Nov 20256305835830$60.06$3.79
Oct 20251191647887880$60.89$3.19
Sep 202510601,0001,0000$63.96$2.97
Aug 20251702199999990$64.86$2.91
Jul 20251171821,0931,0930$68.39$3.20
Jun 202514901,2671,2670$68.17$3.02
May 2025961631,4581,4580$62.17$3.12
Apr 20251431601,0381,0380$63.54$3.42
Mar 20251741761,0081,0080$68.24$4.12
Feb 202528094860$71.53$4.19
Jan 2025661561,0861,0360$75.74$4.13
Dec 20249001,1551,1050$70.12$3.01
Nov 2024701741,2931,2450$69.95$2.12
Oct 20249501,2681,2180$71.99$2.20
Sep 20241081731,1731,1250$70.24$2.28
Aug 20241491731,1401,0900$76.68$1.99
Jul 202416201,1181,0680$81.80$2.07
Jun 2024621581,0621,0140$79.77$2.54
May 2024650000$80.02$2.12
Apr 2024751671,2541,2060$85.35$1.60
Mar 20248101,0751,0250$81.28$1.49
Feb 20242324161,3191,2730$77.25$1.72
Jan 20242211602,1072,0570$74.15$3.18
Dec 20232694332,0952,0450$71.90$2.52
Nov 20232731542,0161,9680$77.69$2.71
Oct 20232681552,1142,0640$85.64$2.98
Sep 20231101862,0451,9970$89.43$2.64
Aug 20234513282,1822,1320$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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Spraberry (Trend Area) field

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Drilling permits within 10 km