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Texas oil lease

Producing

COWDEN28 UNIT

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

2 wells

12,593bbl oil, last 12 months−9% vs prior year
RRC lease
7C-19559

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
121,828 mcf
Oil in Jul 2026
1,550 bbl

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for COWDEN28 UNIT, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 12,593 bbl in the 12 months through Jul 2026, against 13,864 bbl in the 12 months before.Last 12 months: 12,593 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production and gas for COWDEN28 UNIT, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 12,593 bbl in the 12 months through Jul 2026, against 13,864 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuelShare of COWDEN28 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2025: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuelShare of COWDEN28 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Dec 25: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    88% · 106,663 mcf

  • Lease fuel (1)

    12% · 15,165 mcf

2 wells on this lease

Wells on COWDEN28 UNIT
API numberWell no.Status
42-461-403692801AHActive
42-461-403802802BHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100Mar 19, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Mar 19, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Mar 19, 2017

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

160 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 Cowden28 Unit
API numberWell no.Acreson the permit
42-461-403802802BH160
42-461-403692801AH160

SourceRailroad Commission drilling permits, Oct 3, 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 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,5501,47724,68822,8780$80.46$2.89
Jun 20261,2161,28616,84315,4720$84.81$3.15
May 20261,6391,80915,93214,1070$102.13$2.94
Apr 20261,7601,73915,93013,6720$100.32$2.77
Mar 20261,8061,69411,5279,5750$91.38$3.04
Feb 20269307529216480$64.51$3.62
Jan 20265136165,1153,3870$60.04$7.72
Dec 20259617621,1777320$57.97$4.26
Nov 2025151199121400$60.06$3.79
Oct 20253994434,4573,6840$60.89$3.19
Sep 202576280710,5739,4520$63.96$2.97
Aug 202590691914,54413,0160$64.86$2.91
Jul 20251,2271,30423,58121,5010$68.39$3.20
Jun 20251,3581,36324,41321,987304$68.17$3.02
May 20251,2461,24923,40321,2550$62.17$3.12
Apr 20251,4061,40420,27018,4650$63.54$3.42
Mar 20251,2581,16812,04510,6650$68.24$4.12
Feb 202585583810,9249,2620$71.53$4.19
Jan 202570564615,47913,2350$75.74$4.13
Dec 202466176917,50515,7090$70.12$3.01
Nov 20241,0011,20335,75632,7470$69.95$2.12
Oct 20241,3511,26525,83423,1080$71.99$2.20
Sep 20241,7211,58320,67418,4620$70.24$2.28
Aug 20241,07592618,48915,9040$76.68$1.99
Jul 202451042715,56513,3460$81.80$2.07
Jun 202413416912,70910,4320$79.77$2.54
May 2024137307000$80.02$2.12
Apr 20243235115,3482,5430$85.35$1.60
Mar 20241,4691,2779,2326,7410$81.28$1.49
Feb 202475765913,20211,4250$77.25$1.72
Jan 202463969318,81915,9200$74.15$3.18
Dec 202398089820,16717,0970$71.90$2.52
Nov 202376976719,23715,6150$77.69$2.71
Oct 202363264918,81214,5130$85.64$2.98
Sep 20235826755,3193,8190$89.43$2.64
Aug 20234043813,5992,8650$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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