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Texas oil lease

Producing

NEAL RANCH "41"

Neal Ranch "41" is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

7 wells

5,183bbl oil, last 12 months−12% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-17266

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
7,538 mcf
Oil in Jul 2026
750 bbl

Production by month

Oil output fell 12% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for NEAL RANCH "41", Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 5,183 bbl in the 12 months through Jul 2026, against 5,858 bbl in the 12 months before.Last 12 months: 5,183 bblbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 12% over the last 12 monthsMonthly oil production and gas for NEAL RANCH "41", Aug 2023 to Jul 2026. Oil output fell 12% over the last 12 months. 5,183 bbl in the 12 months through Jul 2026, against 5,858 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005001,0001,0001,5001,5002,0002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuelShare of NEAL RANCH "41" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuelShare of NEAL RANCH "41" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Jun 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    89% · 6,726 mcf

  • Lease fuel (1)

    11% · 810 mcf

  • Flared (4)

    0.0% · 2 mcf

7 wells on this lease

Wells on NEAL RANCH "41"
API numberWell no.Status
42-461-3664711Active
42-461-3673812Shut-in
42-461-3700316Active
42-461-372453Active
42-461-3763515Shut-in
42-461-385274Active
42-461-386277Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100May 1, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 1, 2017
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 1, 2017

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

Who buys my oilOil price check

279.50 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 279.5 and 319.5 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 "41"
API numberWell no.Acreson the permit
42-461-386277279.50
42-461-385274319.50
42-461-3763515279.50
42-461-372453279.50
42-461-3700316279.50
42-461-3673812279.50
42-461-3664711280

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 "41"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267507981,2471,1760$80.46$2.89
Jun 20261,1221,0031,1561,1050$84.81$3.15
May 2026006400$102.13$2.94
Apr 202692181111420$100.32$2.77
Mar 20265925516495780$91.38$3.04
Feb 20266386014613990$64.51$3.62
Jan 20261951824133420$60.04$7.72
Dec 20252313204794080$57.97$4.26
Nov 20252221375054342$60.06$3.79
Oct 20252752935424710$60.89$3.19
Sep 20253633467526830$63.96$2.97
Aug 20257038491,1591,0880$64.86$2.91
Jul 20257136421,0499780$68.39$3.20
Jun 20256797011,0309610$68.17$3.02
May 20257306829769050$62.17$3.12
Apr 20255034477176480$63.54$3.42
Mar 20253926365715000$68.24$4.12
Feb 20253713404143500$71.53$4.19
Jan 20255095266595880$75.74$4.13
Dec 20244913185895180$70.12$3.01
Nov 2024174189158890$69.95$2.12
Oct 20241902013362650$71.99$2.20
Sep 20243713933873180$70.24$2.28
Aug 20247357975144430$76.68$1.99
Jul 20247307596015300$81.80$2.07
Jun 20241,1171,1031,1251,0560$79.77$2.54
May 20241,2301,098000$80.02$2.12
Apr 20241,3101,5741,4471,3780$85.35$1.60
Mar 20241,3451,1299268550$81.28$1.49
Feb 2024283267137700$77.25$1.72
Jan 2024311525154830$74.15$3.18
Dec 20236114585104780$71.90$2.52
Nov 20235825214164160$77.69$2.71
Oct 20231,9761,9591,0911,0910$85.64$2.98
Sep 20232330000$89.43$2.64
Aug 20231894273323320$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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