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Texas oil lease

Producing

HALL POWELL P4

Hall Powell P4 is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field.

1 well

56,326bbl oil, last 12 months−30% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Pegasus (Consolidated)
RRC lease
7C-21465

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
235,769 mcf
Oil in Jul 2026
4,311 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.

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 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for HALL POWELL P4, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 56,326 bbl in the 12 months through Jul 2026, against 81,035 bbl in the 12 months before.Last 12 months: 56,326 bblbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for HALL POWELL P4, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 56,326 bbl in the 12 months through Jul 2026, against 81,035 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,50010k5,00020k7,50030k10k40k12.5k50kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of HALL POWELL P4 gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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
96% of the gas went to a processing plant in the last 12 monthsShare of HALL POWELL P4 gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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)

    96% · 226,839 mcf

  • Lease fuel (1)

    3.8% · 8,854 mcf

  • Flared (4)

    0.0% · 76 mcf

1 well on this lease

Wells on HALL POWELL P4
API numberWell no.Status
42-461-417123811LHActive

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 gasGathers100May 29, 2021Feb 1, 2025
Energy Transfer CompanyCasinghead gasBuys100May 29, 2021Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers100May 29, 2021Feb 1, 2025

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

Who buys my oilOil price check

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 P4
API numberWell no.Acreson the permit
42-461-417123811LH12,025.03

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 HALL POWELL P4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264,3114,31719,38318,7350$80.46$2.89
Jun 20264,2094,21718,58717,87976$84.81$3.15
May 20264,4574,44016,69816,1340$102.13$2.94
Apr 20263,8773,87816,01815,4510$100.32$2.77
Mar 20264,3434,34115,66515,0810$91.38$3.04
Feb 20263,5653,55817,07616,3820$64.51$3.62
Jan 20264,0033,98919,78818,9840$60.04$7.72
Dec 20254,1944,22920,32319,5460$57.97$4.26
Nov 20254,6924,70119,99019,2180$60.06$3.79
Oct 20255,0485,06223,03222,1470$60.89$3.19
Sep 20255,6695,71321,32520,5160$63.96$2.97
Aug 20257,9588,02227,88426,7660$64.86$2.91
Jul 20258,7238,59326,31825,0620$68.39$3.20
Jun 20255,7635,74118,84017,9910$68.17$3.02
May 20256,2836,31220,80719,9700$62.17$3.12
Apr 20256,1726,19220,99020,1570$63.54$3.42
Mar 20257,9958,06117,97917,1960$68.24$4.12
Feb 20257,2497,21416,10615,3390$71.53$4.19
Jan 20256,6366,55710,0849,5360$75.74$4.13
Dec 20244,6114,55610,4849,9860$70.12$3.01
Nov 20242,9943,06217,23016,5580$69.95$2.12
Oct 20247,3317,69517,31616,7150$71.99$2.20
Sep 20248,5858,3086316060$70.24$2.28
Aug 20248,6938,6659,5139,1740$76.68$1.99
Jul 202410,45310,46819,07718,3200$81.80$2.07
Jun 20249,4739,34615,99215,2520$79.77$2.54
May 20242,7892,8403,9323,7140$80.02$2.12
Apr 20245,0785,07514,88614,2020$85.35$1.60
Mar 20247,6747,67923,74723,1570$81.28$1.49
Feb 20249,2399,38826,28025,6680$77.25$1.72
Jan 202410,24710,07828,86028,1860$74.15$3.18
Dec 20239,7639,76324,23523,7010$71.90$2.52
Nov 20238,4978,54724,60024,0840$77.69$2.71
Oct 20239,6789,73926,96726,35764$85.64$2.98
Sep 202310,76410,72932,89932,2280$89.43$2.64
Aug 202310,43910,43028,88828,3220$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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