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Royalty Clerk

Texas oil lease

Producing

COWDEN51

Cowden51 is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

2 wells

546bbl oil, last 12 months−8% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-16024

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
3,950 mcf
Oil in Jul 2026
42 bbl

Production by month

Oil output fell 8% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for COWDEN51, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 546 bbl in the 12 months through Jul 2026, against 593 bbl in the 12 months before.Last 12 months: 546 bblbbl per monthmcf per month002520050400756001008001251,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 8% over the last 12 monthsMonthly oil production and gas for COWDEN51, Aug 2023 to Jul 2026. Oil output fell 8% over the last 12 months. 546 bbl in the 12 months through Jul 2026, against 593 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002520050400756001008001251,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

98% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
98% of the gas went to a processing plant in the last 12 monthsShare of COWDEN51 gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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
98% of the gas went to a processing plant in the last 12 monthsShare of COWDEN51 gas by disposition code each month, Aug 2023 to Jul 2026. 98% 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.

  • Processing plant (3)

    98% · 3,855 mcf

  • Lease fuel (1)

    2.4% · 95 mcf

2 wells on this lease

Wells on COWDEN51
API numberWell no.Status
42-461-350791Shut-in
42-461-380372Active

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).

Who buys my oilOil price check

119.39 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 Cowden51
API numberWell no.Acreson the permit
42-461-380372119.39
42-461-350791119.39

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

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 COWDEN51
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202642513043040$80.46$2.89
Jun 20264003253250$84.81$3.15
May 202637452312310$102.13$2.94
Apr 202643473223150$100.32$2.77
Mar 202647503743610$91.38$3.04
Feb 202645533933820$64.51$3.62
Jan 202646443503390$60.04$7.72
Dec 202553473703580$57.97$4.26
Nov 202542423643530$60.06$3.79
Oct 202553433463360$60.89$3.19
Sep 202540382812710$63.96$2.97
Aug 202558712902800$64.86$2.91
Jul 202532353183070$68.39$3.20
Jun 20252603323220$68.17$3.02
May 202536393443330$62.17$3.12
Apr 202545882942840$63.54$3.42
Mar 20254904214090$68.24$4.12
Feb 2025401103032930$71.53$4.19
Jan 202563584093980$75.74$4.13
Dec 202458573663540$70.12$3.01
Nov 202458654073950$69.95$2.12
Oct 20245804544410$71.99$2.20
Sep 202463824504380$70.24$2.28
Aug 202465784544420$76.68$1.99
Jul 202466754124000$81.80$2.07
Jun 202484624234110$79.77$2.54
May 20245839000$80.02$2.12
Apr 202459524304180$85.35$1.60
Mar 2024491514424290$81.28$1.49
Feb 202472865165010$77.25$1.72
Jan 20249005695530$74.15$3.18
Dec 2023941623743630$71.90$2.52
Nov 2023110684674550$77.69$2.71
Oct 2023741364454330$85.64$2.98
Sep 20236703803700$89.43$2.64
Aug 202369653993880$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

This lease belongs to

OperatorCog Operating LLCFieldSpraberry (Trend Area)CountyUpton County

Cog Operating LLC in Upton County

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Spraberry (Trend Area) field

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