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Texas oil lease

Producing

NEAL RANCH 42 UNIT

Neal Ranch 42 Unit is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

4 wells

90,951bbl oil, last 12 months−13% vs prior year
RRC lease
7C-19366

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
721,145 mcf
Oil in Jul 2026
6,734 bbl

Production by month

Oil output fell 13% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for NEAL RANCH 42 UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 90,951 bbl in the 12 months through Jul 2026, against 104,970 bbl in the 12 months before.Last 12 months: 90,951 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for NEAL RANCH 42 UNIT, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 90,951 bbl in the 12 months through Jul 2026, against 104,970 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80k25k100kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a processing plant in the last 12 monthsShare of NEAL RANCH 42 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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
95% of the gas went to a processing plant in the last 12 monthsShare of NEAL RANCH 42 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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)

    95% · 686,399 mcf

  • Lease fuel (1)

    4.8% · 34,421 mcf

  • Flared (4)

    0.0% · 325 mcf

4 wells on this lease

Wells on NEAL RANCH 42 UNIT
API numberWell no.Status
42-461-402484232BHActive
42-461-402494232AHActive
42-461-420554205LHActive
42-461-420564206LHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100May 12, 2016
Dcp Operating Company, LPCasinghead gasBuys100May 12, 2016
Dcp Operating Company, LPCasinghead gasGathers100May 12, 2016

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

320 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 42 Unit
API numberWell no.Acreson the permit
42-461-420554205LH320
42-461-420564206LH320
42-461-402494232AH320
42-461-402484232BH320

SourceRailroad Commission drilling permits, Oct 3, 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 NEAL RANCH 42 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,7346,76961,98859,1070$80.46$2.89
Jun 20266,7696,76453,02850,5160$84.81$3.15
May 20267,3097,32359,95857,2030$102.13$2.94
Apr 20268,1038,06253,95851,3330$100.32$2.77
Mar 20267,8277,85855,80253,0020$91.38$3.04
Feb 20265,8735,89943,04540,654136$64.51$3.62
Jan 20267,0437,01459,12855,762189$60.04$7.72
Dec 20257,7707,77863,96360,9750$57.97$4.26
Nov 20258,0508,06170,70667,5300$60.06$3.79
Oct 20258,6238,62866,53163,4000$60.89$3.19
Sep 20258,1918,16964,32361,2960$63.96$2.97
Aug 20258,6598,60968,71565,6210$64.86$2.91
Jul 20258,8198,87672,89269,8250$68.39$3.20
Jun 202510,18010,15467,32564,2570$68.17$3.02
May 20257,2187,10550,09447,7240$62.17$3.12
Apr 20251,7041,82241,46439,5850$63.54$3.42
Mar 20257,4217,40851,54649,0760$68.24$4.12
Feb 20257,6987,70853,32950,8640$71.53$4.19
Jan 20259,2969,36165,38162,5220$75.74$4.13
Dec 202410,88110,86862,54859,7510$70.12$3.01
Nov 20249,7919,76359,31056,6790$69.95$2.12
Oct 202410,21110,23457,71654,103514$71.99$2.20
Sep 202410,42110,44852,22849,5070$70.24$2.28
Aug 202411,33011,39860,85057,4450$76.68$1.99
Jul 202412,45312,46751,93248,8580$81.80$2.07
Jun 202411,47811,45148,91245,9040$79.77$2.54
May 202412,71912,71343,06740,3040$80.02$2.12
Apr 202413,45213,54441,01738,3790$85.35$1.60
Mar 202413,96713,79139,61836,9120$81.28$1.49
Feb 202414,23514,37935,80733,4030$77.25$1.72
Jan 202416,06715,98133,54131,3320$74.15$3.18
Dec 202317,08617,17935,00433,6110$71.90$2.52
Nov 202319,54019,67136,73735,8680$77.69$2.71
Oct 202321,55121,54438,22437,2590$85.64$2.98
Sep 202324,47424,16940,24839,1580$89.43$2.64
Aug 202323,64723,60933,82732,8130$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

Cog Operating LLC in Upton County

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Spraberry (Trend Area) field

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