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Texas oil lease

Producing

FRASER TXL STATE B9

Fraser TXL State B9 is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field.

1 well

41,193bbl oil, last 12 months+45% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Pegasus (Consolidated)
RRC lease
7C-21570

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
309,170 mcf
Oil in Jul 2026
3,154 bbl

Production by month

Oil output rose 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 45% over the last 12 monthsMonthly oil production and gas for FRASER TXL STATE B9, Aug 2023 to Jul 2026. Oil output rose 45% over the last 12 months. 41,193 bbl in the 12 months through Jul 2026, against 28,383 bbl in the 12 months before.Last 12 months: 41,193 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 45% over the last 12 monthsMonthly oil production and gas for FRASER TXL STATE B9, Aug 2023 to Jul 2026. Oil output rose 45% over the last 12 months. 41,193 bbl in the 12 months through Jul 2026, against 28,383 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40kJan 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 STATE B9 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 STATE B9 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% · 309,157 mcf

  • Flared (4)

    0.0% · 13 mcf

1 well on this lease

Wells on FRASER TXL STATE B9
API numberWell no.Status
42-461-416484914LHActive

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 11, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Sep 11, 2021–
Nustar Permian Trans and Stg,llcOilGathers100Sep 11, 2021Feb 1, 2025

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 State B9
API numberWell no.Acreson the permit
42-461-416484914LH12,182.10

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 FRASER TXL STATE B9
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263,1543,10415,05015,0500$80.46$2.89
Jun 20262,4882,51015,14615,13313$84.81$3.15
May 20263,7663,71828,88328,8830$102.13$2.94
Apr 20262,1362,12023,28823,2880$100.32$2.77
Mar 20261,6521,68027,66127,6610$91.38$3.04
Feb 20262,6152,63932,93932,9390$64.51$3.62
Jan 20263,2933,34429,55429,5540$60.04$7.72
Dec 20254,2664,23736,71236,7120$57.97$4.26
Nov 20254,4964,47035,40335,4030$60.06$3.79
Oct 20254,1444,14233,52733,5270$60.89$3.19
Sep 20254,2524,28922,26522,2650$63.96$2.97
Aug 20254,9314,8908,7428,7420$64.86$2.91
Jul 20255,1715,1339,6539,6530$68.39$3.20
Jun 20253,6423,6314,2654,2650$68.17$3.02
May 20254,3764,3613,4983,4980$62.17$3.12
Apr 20253,7363,7643,7213,7210$63.54$3.42
Mar 20252,7372,6934,2614,2610$68.24$4.12
Feb 20251,0541,0642,2852,2850$71.53$4.19
Jan 20252,0402,0394,6364,6360$75.74$4.13
Dec 20243,3853,3722,1372,1370$70.12$3.01
Nov 20241,0421,0383,5123,44468$69.95$2.12
Oct 20242132172,9372,9370$71.99$2.20
Sep 20245745742,7932,7930$70.24$2.28
Aug 20244134086,8886,83553$76.68$1.99
Jul 2024337,7807,7800$81.80$2.07
Jun 2024022000$79.77$2.54
May 20241,1321,2003,9833,9830$80.02$2.12
Apr 20246,2786,34019,05019,0500$85.35$1.60
Mar 20246,0966,10719,48319,4830$81.28$1.49
Feb 20246,3636,38818,09518,0950$77.25$1.72
Jan 20246,5196,52118,31918,3190$74.15$3.18
Dec 20235,7945,76218,85718,8570$71.90$2.52
Nov 20236,3156,35018,59218,5920$77.69$2.71
Oct 20237,9877,85718,85518,8550$85.64$2.98
Sep 20237,4757,49818,26918,2690$89.43$2.64
Aug 20238,5428,51619,65719,6570$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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