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Producing

HALL POWELL P2

Hall Powell P2 is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field.

1 well

35,720bbl oil, last 12 months−34% vs prior year
RRC lease
7C-21488

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
269,041 mcf
Oil in Jul 2026
1,389 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: TARGA PL MID-CONT WESTTEX LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Feb 1, 2025.

  • Sales

    Sales over the last 3 months fell to 12% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for HALL POWELL P2, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 35,720 bbl in the 12 months through Jul 2026, against 53,772 bbl in the 12 months before.Last 12 months: 35,720 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for HALL POWELL P2, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 35,720 bbl in the 12 months through Jul 2026, against 53,772 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of HALL POWELL P2 gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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
99% of the gas went to a processing plant in the last 12 monthsShare of HALL POWELL P2 gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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)

    99% · 335,776 mcf

  • Lease fuel (1)

    0.9% · 3,136 mcf

1 well on this lease

Wells on HALL POWELL P2
API numberWell no.Status
42-461-417143813LHActive

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 gasBuys100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Feb 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Jun 4, 2021Feb 1, 2025
Energy Transfer CompanyCasinghead gasBuys100Jun 4, 2021Feb 1, 2025
Cp Energy, L.l.c.OilGathers20Mar 1, 2022Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers80Mar 1, 2022Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers100Jun 4, 2021Mar 1, 2022

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

12,025.03 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 Hall Powell P2
API numberWell no.Acreson the permit
42-461-417143813LH12,025.03

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 HALL POWELL P2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,3891,3473,7563,7140$80.46$2.89
Jun 202600000$84.81$3.15
May 2026071000$102.13$2.94
Apr 20261,8081,81416,05115,8680$100.32$2.77
Mar 20263,5283,53030,90930,6010$91.38$3.04
Feb 20263,5443,52626,57026,3180$64.51$3.62
Jan 20263,5933,62927,43827,1620$60.04$7.72
Dec 20253,8693,87530,29130,0080$57.97$4.26
Nov 20254,3704,35230,04729,7820$60.06$3.79
Oct 20254,3934,39032,23531,9340$60.89$3.19
Sep 20254,2374,22234,05033,7530$63.96$2.97
Aug 20254,9894,99137,69437,3940$64.86$2.91
Jul 20254,7404,73836,18935,8660$68.39$3.20
Jun 20255,0765,07633,68233,3760$68.17$3.02
May 20255,1375,11934,30834,0110$62.17$3.12
Apr 20253,7393,73725,18024,9670$63.54$3.42
Mar 20253,7873,79820,53920,3570$68.24$4.12
Feb 20253,7933,78917,24617,01066$71.53$4.19
Jan 20254,4164,42319,31119,000109$75.74$4.13
Dec 20244,6544,62220,37320,1700$70.12$3.01
Nov 20242,8632,87921,85921,6460$69.95$2.12
Oct 20244,6304,78223,15522,9340$71.99$2.20
Sep 20245,1735,19024,45024,2130$70.24$2.28
Aug 20245,7645,65625,43725,007194$76.68$1.99
Jul 20246,1436,10422,44222,2200$81.80$2.07
Jun 20246,1036,07417,35117,1660$79.77$2.54
May 20244,8254,83014,50214,3340$80.02$2.12
Apr 20241,6001,6605,7925,7130$85.35$1.60
Mar 20244,5224,51825,00024,7720$81.28$1.49
Feb 20245,6415,64428,20227,9900$77.25$1.72
Jan 20246,1766,17030,16629,9460$74.15$3.18
Dec 20236,1506,13930,06429,8490$71.90$2.52
Nov 20235,9405,93729,23529,0310$77.69$2.71
Oct 20236,6416,67029,69229,4860$85.64$2.98
Sep 20237,4107,41129,17328,9750$89.43$2.64
Aug 20237,8327,82929,67329,4690$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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Pegasus (Consolidated) field

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