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Producing

FRASER TXL B4

Fraser TXL B4 is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field.

1 well

9,275bbl oil, last 12 months−52% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Pegasus (Consolidated)
RRC lease
7C-21534

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
300,150 mcf
Oil in Jul 2026
488 bbl

Production by month

Oil output fell 52% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for FRASER TXL B4, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 9,275 bbl in the 12 months through Jul 2026, against 19,183 bbl in the 12 months before.Last 12 months: 9,275 bblbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 52% over the last 12 monthsMonthly oil production and gas for FRASER TXL B4, Aug 2023 to Jul 2026. Oil output fell 52% over the last 12 months. 9,275 bbl in the 12 months through Jul 2026, against 19,183 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,00010k2,00020k3,00030k4,00040k5,00050kJan 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)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of FRASER TXL B4 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 FRASER TXL B4 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.

  • Processing plant (3)

    100% · 300,134 mcf

  • Flared (4)

    0.0% · 16 mcf

1 well on this lease

Wells on FRASER TXL B4
API numberWell no.Status
42-461-416304901LHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Et Gathering & Processing LLCOilGathers100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Sep 8, 2022–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 8, 2022–
Cp Energy, L.l.c.OilGathers50Sep 8, 2022Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers50Sep 8, 2022Feb 1, 2025
Energy Transfer CompanyCasinghead gasGathers100Jul 15, 2021Sep 8, 2022
Energy Transfer CompanyCasinghead gasBuys100Jul 15, 2021Sep 8, 2022
Nustar Permian Trans and Stg,llcOilGathers100Jul 15, 2021Sep 8, 2022

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

Who buys my oilOil price check

12,182.10 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • 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 Fraser TXL B4
API numberWell no.Acreson the permit
42-461-416304901LH12,182.10

SourceRailroad Commission drilling permits, Sep 26, 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 FRASER TXL B4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202648848817,19417,1940$80.46$2.89
Jun 202660159919,54519,52916$84.81$3.15
May 202666766817,76617,7660$102.13$2.94
Apr 202673172622,55722,5570$100.32$2.77
Mar 202655055324,85224,8520$91.38$3.04
Feb 202664966226,89926,8990$64.51$3.62
Jan 20261,0651,06527,87227,8720$60.04$7.72
Dec 202590690425,84025,8400$57.97$4.26
Nov 20251,1021,09633,87633,8760$60.06$3.79
Oct 20251,0581,05533,86333,8630$60.89$3.19
Sep 202598597625,63025,6300$63.96$2.97
Aug 202547347924,25624,2560$64.86$2.91
Jul 20251,0361,04223,95823,9580$68.39$3.20
Jun 20251,7191,70523,54223,5420$68.17$3.02
May 20251,1341,13424,65524,6550$62.17$3.12
Apr 20251,4911,49925,91325,9130$63.54$3.42
Mar 202590789826,55326,5530$68.24$4.12
Feb 20251,0801,08923,41123,4110$71.53$4.19
Jan 20251,8981,89332,08532,0850$75.74$4.13
Dec 20242,4602,45635,58335,5830$70.12$3.01
Nov 20241,7591,75826,28925,783506$69.95$2.12
Oct 20241,6831,69230,49730,4970$71.99$2.20
Sep 20241,8031,81226,70026,7000$70.24$2.28
Aug 20242,2132,30922,43022,257173$76.68$1.99
Jul 20243,8593,84823,83423,8340$81.80$2.07
Jun 20243,5173,48527,63027,6300$79.77$2.54
May 20244,0493,99527,76427,7640$80.02$2.12
Apr 20241,7561,7577,2567,2560$85.35$1.60
Mar 20241,0321,0898,1558,1550$81.28$1.49
Feb 20243,2663,29521,68421,6840$77.25$1.72
Jan 20243,8943,91322,24822,2480$74.15$3.18
Dec 20234,0143,98321,21321,2130$71.90$2.52
Nov 20233,9803,97421,42721,4270$77.69$2.71
Oct 20233,8883,82522,48022,4800$85.64$2.98
Sep 20233,6333,63222,18722,1870$89.43$2.64
Aug 20232,9912,98223,33323,3330$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 LLCFieldPegasus (Consolidated)CountyUpton County

Cog Operating LLC in Upton County

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Pegasus (Consolidated) field

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