Skip to content
Royalty Clerk

Texas oil lease

Producing

NEAL RANCH 36 UNIT

Neal Ranch 36 Unit is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

3 wells

209,842bbl oil, last 12 months−36% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-21910

Is your check right?

Check my statement

Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
1,154,166 mcf
Oil in Jul 2026
11,064 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 NEAL RANCH 36 UNIT, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 209,842 bbl in the 12 months through Jul 2026, against 326,745 bbl in the 12 months before.Last 12 months: 209,842 bblbbl per monthmcf per month0025k50k50k100k75k150k100k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for NEAL RANCH 36 UNIT, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 209,842 bbl in the 12 months through Jul 2026, against 326,745 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025k50k50k100k75k150k100k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 5.2% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of NEAL RANCH 36 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.2% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of NEAL RANCH 36 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.2% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 5.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 1,124,107 mcf

  • Lease fuel (1)

    2.6% · 30,059 mcf

3 wells on this lease

Wells on NEAL RANCH 36 UNIT
API numberWell no.Status
42-461-421533603BHActive
42-461-421543604LHActive
42-461-421553604BHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100Oct 12, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Oct 12, 2022
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 12, 2022

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

Who buys my oilOil price check

539 acres on the newest permit

  • 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 Neal Ranch 36 Unit
API numberWell no.Acreson the permit
42-461-421533603BH539
42-461-421543604LH539
42-461-421553604BH539

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 NEAL RANCH 36 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202611,06411,09491,37888,8520$80.46$2.89
Jun 202614,49214,50298,68696,1360$84.81$3.15
May 202617,09217,150104,791102,1290$102.13$2.94
Apr 202616,49116,45398,01895,5560$100.32$2.77
Mar 202618,00617,996102,46699,9420$91.38$3.04
Feb 202616,39516,41991,84989,5780$64.51$3.62
Jan 202618,88118,85398,80996,2740$60.04$7.72
Dec 202519,32419,34597,71595,2080$57.97$4.26
Nov 202518,94118,97387,27384,9420$60.06$3.79
Oct 202519,88819,82989,10986,5330$60.89$3.19
Sep 202518,66418,70289,57287,0730$63.96$2.97
Aug 202520,60420,587104,500101,8840$64.86$2.91
Jul 202521,67921,695111,324108,6410$68.39$3.20
Jun 202522,52722,510117,352114,6590$68.17$3.02
May 202523,00222,994108,815107,2850$62.17$3.12
Apr 202524,01624,036107,697107,5990$63.54$3.42
Mar 202525,05125,036114,260112,0090$68.24$4.12
Feb 202524,65124,759114,781112,304132$71.53$4.19
Jan 202528,90328,855127,654125,0510$75.74$4.13
Dec 202429,93129,939122,750120,3870$70.12$3.01
Nov 202429,96329,956115,951113,6240$69.95$2.12
Oct 202429,61929,67192,61589,4811,108$71.99$2.20
Sep 202431,04031,070110,173108,0920$70.24$2.28
Aug 202436,36336,235127,468125,0790$76.68$1.99
Jul 202437,61337,677127,587125,1780$81.80$2.07
Jun 202437,41737,385125,757123,4170$79.77$2.54
May 202442,12942,197000$80.02$2.12
Apr 202445,73645,735144,483142,0250$85.35$1.60
Mar 202447,55747,456149,648147,2490$81.28$1.49
Feb 202441,86641,938145,964143,5780$77.25$1.72
Jan 202455,58855,552173,320170,6910$74.15$3.18
Dec 202365,48665,467153,417148,1814,209$71.90$2.52
Nov 202364,61264,787119,822119,6970$77.69$2.71
Oct 202371,42771,260108,704108,5890$85.64$2.98
Sep 202379,93379,844110,018109,9050$89.43$2.64
Aug 202396,38996,396118,399112,1006,174$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorCog Operating LLCFieldSpraberry (Trend Area)CountyUpton County

Cog Operating LLC in Upton County

All Cog Operating LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km