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Royalty Clerk

Texas oil lease

Producing

JWG M2

JWG M2 is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

2 wells

623bbl oil, last 12 months+2% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-17505

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
10,575 mcf
Oil in Jul 2026
49 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for JWG M2, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 623 bbl in the 12 months through Jul 2026, against 612 bbl in the 12 months before.Last 12 months: 623 bblbbl per monthmcf per month00202504050060750801,0001001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for JWG M2, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 623 bbl in the 12 months through Jul 2026, against 612 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00202504050060750801,0001001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
94% of the gas went to a processing plant in the last 12 monthsShare of JWG M2 gas by disposition code each month, Aug 2023 to Jul 2026. 94% 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
94% of the gas went to a processing plant in the last 12 monthsShare of JWG M2 gas by disposition code each month, Aug 2023 to Jul 2026. 94% 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)

    94% · 9,976 mcf

  • Lease fuel (1)

    5.7% · 599 mcf

2 wells on this lease

Wells on JWG M2
API numberWell no.Status
42-461-368441Active
42-461-372362Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mv Purchasing, LLCOilGathers100Jun 1, 2026–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015–
Eastex Crude Company, LLCOilGathers100Nov 1, 2024Jun 1, 2026
Enlink Crude Marketing, LLCOilGathers100Feb 1, 2017Nov 1, 2024

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

Who buys my oilOil price check

330.60 acres on the newest permit

Permits for JWG M2
API numberWell no.Acreson the permit
42-461-372362330.60
42-461-368441330.60

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 JWG M2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264908118110$80.46$2.89
Jun 2026371627657650$84.81$3.15
May 20264807607600$102.13$2.94
Apr 20263108067620$100.32$2.77
Mar 20266509428710$91.38$3.04
Feb 2026561708487860$64.51$3.62
Jan 20267109378660$60.04$7.72
Dec 20256009468750$57.97$4.26
Nov 2025571499038340$60.06$3.79
Oct 20254809598880$60.89$3.19
Sep 20253809358660$63.96$2.97
Aug 2025631739638920$64.86$2.91
Jul 20255209598880$68.39$3.20
Jun 20254909258560$68.17$3.02
May 2025551639779060$62.17$3.12
Apr 20251309608910$63.54$3.42
Mar 20257701,0059340$68.24$4.12
Feb 2025571629198570$71.53$4.19
Jan 20256009568850$75.74$4.13
Dec 20245009849130$70.12$3.01
Nov 20244009498800$69.95$2.12
Oct 2024681741,0589870$71.99$2.20
Sep 20244301,0679980$70.24$2.28
Aug 20244809028310$76.68$1.99
Jul 2024651928487770$81.80$2.07
Jun 20246208868170$79.77$2.54
May 2024630000$80.02$2.12
Apr 2024361701,0119420$85.35$1.60
Mar 20246809288570$81.28$1.49
Feb 2024751659338660$77.25$1.72
Jan 20248001,0009290$74.15$3.18
Dec 20235809909190$71.90$2.52
Nov 2023593289518820$77.69$2.71
Oct 20232801,0329610$85.64$2.98
Sep 20237001,0139440$89.43$2.64
Aug 20235101,1781,1070$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 LLCFieldSpraberry (Trend Area)CountyUpton County

Cog Operating LLC in Upton County

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Spraberry (Trend Area) field

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