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Producing

NEAL RANCH 42B UNIT

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

4 wells

93,223bbl oil, last 12 months−29% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-19696

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
608,799 mcf
Oil in Jul 2026
6,837 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for NEAL RANCH 42B UNIT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 93,223 bbl in the 12 months through Jul 2026, against 131,436 bbl in the 12 months before.Last 12 months: 93,223 bblbbl per monthmcf per month005,00020k10k40k15k60k20k80kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for NEAL RANCH 42B UNIT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 93,223 bbl in the 12 months through Jul 2026, against 131,436 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005,00020k10k40k15k60k20k80kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.6% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of NEAL RANCH 42B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.6% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
96% of the gas went to a processing plant in the last 12 monthsShare of NEAL RANCH 42B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 96% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.6% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 3.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 586,266 mcf

  • Lease fuel (1)

    3.7% · 22,533 mcf

4 wells on this lease

Wells on NEAL RANCH 42B UNIT
API numberWell no.Status
42-461-405414231AHShut-in
42-461-405424202BHActive
42-461-405434201BHActive
42-461-421413101LHShut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100Sep 4, 2017
Dcp Operating Company, LPCasinghead gasBuys100Sep 4, 2017
Dcp Operating Company, LPCasinghead gasGathers100Sep 4, 2017

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

Who buys my oilOil price check

402 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 640 acres. Use the acres from your own division order for the well you are paid on.

  • 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 42B Unit
API numberWell no.Acreson the permit
42-461-421413101LH402
42-461-405414231AH160
42-461-405424202BH160
42-461-405434201BH640

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 42B UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266,8376,87159,48057,2560$80.46$2.89
Jun 20266,8206,79156,88354,7110$84.81$3.15
May 20267,5277,49356,92954,8660$102.13$2.94
Apr 20267,2567,24953,77051,7170$100.32$2.77
Mar 20267,7837,76843,43541,7220$91.38$3.04
Feb 20267,3267,37241,36839,7390$64.51$3.62
Jan 20267,4957,45750,59548,6670$60.04$7.72
Dec 20258,1378,08253,87951,9730$57.97$4.26
Nov 20258,3008,35646,82445,2170$60.06$3.79
Oct 20258,6138,60149,17847,3650$60.89$3.19
Sep 20258,2278,27247,48845,7600$63.96$2.97
Aug 20258,9028,83248,97047,2730$64.86$2.91
Jul 20259,0289,07946,37344,7850$68.39$3.20
Jun 20259,2039,18042,47440,9470$68.17$3.02
May 202510,06410,02342,96541,4280$62.17$3.12
Apr 20259,8749,88040,08538,8030$63.54$3.42
Mar 202510,00810,11038,49236,9860$68.24$4.12
Feb 20259,6569,63029,61828,49514$71.53$4.19
Jan 202511,96011,98338,79337,4110$75.74$4.13
Dec 202411,83511,87140,72239,2030$70.12$3.01
Nov 202412,21512,11539,33337,8160$69.95$2.12
Oct 202412,69012,79231,40629,803324$71.99$2.20
Sep 202412,95212,87633,98432,5310$70.24$2.28
Aug 202411,95111,87230,44429,4050$76.68$1.99
Jul 202411,72311,88429,04527,7520$81.80$2.07
Jun 202412,10412,01525,03523,8230$79.77$2.54
May 202413,13613,10728,30626,7800$80.02$2.12
Apr 202412,11212,21829,41127,7780$85.35$1.60
Mar 202412,04111,95330,49228,7580$81.28$1.49
Feb 202410,33610,50524,64122,8860$77.25$1.72
Jan 202414,22014,17629,07526,9930$74.15$3.18
Dec 202313,94413,80827,19525,711396$71.90$2.52
Nov 202314,18814,23829,15229,1370$77.69$2.71
Oct 202315,28215,31524,08424,0720$85.64$2.98
Sep 202315,10015,30219,04119,0300$89.43$2.64
Aug 202315,14215,00114,30013,771519$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.

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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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