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Texas oil lease

Producing

HOPE

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

7 wells

1,982bbl oil, last 12 months−36% vs prior year
RRC lease
7C-15515

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
27,571 mcf
Oil in Jul 2026
0 bbl

Production by month

Oil output fell 36% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for HOPE, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 1,982 bbl in the 12 months through Jul 2026, against 3,093 bbl in the 12 months before.Last 12 months: 1,982 bblbbl per monthmcf per month001002,0002004,0003006,0004008,00050010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for HOPE, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 1,982 bbl in the 12 months through Jul 2026, against 3,093 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002,0002004,0003006,0004008,00050010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to lease fuel instead of a processing plant

  • Processing plant (3)
  • Lease fuel (1)
Since May 2026 the lease's gas goes to lease fuel instead of a processing plantShare of HOPE gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to lease fuel instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: plant to fuelOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to lease fuel instead of a processing plantShare of HOPE gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to lease fuel instead of a processing plant.Share of gas by disposition code0%50%100%May 26: plant to fuelJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 34,128 mcf

  • Lease fuel (1)

    1.7% · 585 mcf

7 wells on this lease

Wells on HOPE
API numberWell no.Status
42-461-318552Active
42-461-344301Active
42-461-346253Active
42-461-363767Active
42-461-367394Active
42-461-387565Active
42-461-396748Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100Nov 1, 2016
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).

323.10 acres on the newest permit

7 wells are listed on this lease

Permits for Hope
API numberWell no.Acreson the permit
42-461-396748323.10
42-461-387565323.10
42-461-367394323.10
42-461-363767323.10
42-461-346253323.10
42-461-318552320
42-461-344301320

SourceRailroad Commission drilling permits, Sep 26, 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 HOPE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202600000$80.46$2.89
Jun 202600000$84.81$3.15
May 2026305000$102.13$2.94
Apr 20261081579178690$100.32$2.77
Mar 20262413443,3723,3220$91.38$3.04
Feb 20262902673,1513,1080$64.51$3.62
Jan 20262352043,5613,5110$60.04$7.72
Dec 20251602103,8463,7960$57.97$4.26
Nov 20251882171,8481,8000$60.06$3.79
Oct 20251622063,3853,3350$60.89$3.19
Sep 20252902203,6433,5950$63.96$2.97
Aug 20253052233,7983,7480$64.86$2.91
Jul 20252332013,4773,4270$68.39$3.20
Jun 20252354303,6653,6170$68.17$3.02
May 20252512223,8433,7930$62.17$3.12
Apr 20252121833,6203,5720$63.54$3.42
Mar 20252971963,7743,7240$68.24$4.12
Feb 20252603973,4733,4280$71.53$4.19
Jan 20253582063,9233,8730$75.74$4.13
Dec 20243193403,9323,8820$70.12$3.01
Nov 20243094213,9603,9120$69.95$2.12
Oct 20242321584,1874,1370$71.99$2.20
Sep 20241741934,1664,1180$70.24$2.28
Aug 20242131724,9784,9280$76.68$1.99
Jul 20241971644,9744,9240$81.80$2.07
Jun 20242402364,7594,7110$79.77$2.54
May 2024249358000$80.02$2.12
Apr 20242981554,8894,8410$85.35$1.60
Mar 20243323815,1255,0750$81.28$1.49
Feb 20243114014,8004,7540$77.25$1.72
Jan 20243713505,1275,0770$74.15$3.18
Dec 20233383365,1505,1000$71.90$2.52
Nov 20234263625,0264,9780$77.69$2.71
Oct 20233813575,2765,2260$85.64$2.98
Sep 20233274984,9584,9100$89.43$2.64
Aug 20233603695,3085,2580$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Cog Operating LLC in Upton County

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Spraberry (Trend Area) field

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