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Texas oil lease

Producing

NEAL RANCH "44" A

Neal Ranch "44" A is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

4 wells

2,347bbl oil, last 12 months−24% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-17436

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
12,953 mcf
Oil in Jul 2026
164 bbl

Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for NEAL RANCH "44" A, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 2,347 bbl in the 12 months through Jul 2026, against 3,082 bbl in the 12 months before.Last 12 months: 2,347 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for NEAL RANCH "44" A, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 2,347 bbl in the 12 months through Jul 2026, against 3,082 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 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 5.7% of the gas in Nov 2025.

  • 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 "44" A 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 5.7% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of NEAL RANCH "44" A 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 5.7% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Flared 5.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 12,579 mcf

  • Lease fuel (1)

    2.5% · 322 mcf

  • Flared (4)

    0.4% · 52 mcf

0.4% of the gas flared in the last 12 months. One month above 3%.

4 wells on this lease

Wells on NEAL RANCH "44" A
API numberWell no.Status
42-461-371476Shut-in
42-461-371532Active
42-461-3791910Active
42-461-3792314Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Purchasing LLCOilGathers100Mar 1, 2018
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

162.80 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 160 and 164.3 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Neal Ranch "44" A
API numberWell no.Acreson the permit
42-461-3791910162.80
42-461-3792314162.80
42-461-371532164.30
42-461-371476160

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 "44" A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261641618378370$80.46$2.89
Jun 20261942168478390$84.81$3.15
May 20261991848828560$102.13$2.94
Apr 20261971977947710$100.32$2.77
Mar 20261761876436200$91.38$3.04
Feb 20262282167247040$64.51$3.62
Jan 20261621626936710$60.04$7.72
Dec 20252232178037790$57.97$4.26
Nov 202518817491883852$60.06$3.79
Oct 20252092121,2951,2570$60.89$3.19
Sep 20251962102,0782,0270$63.96$2.97
Aug 20252111762,4392,3800$64.86$2.91
Jul 20251561661,0039740$68.39$3.20
Jun 20251531707347340$68.17$3.02
May 20252312187106880$62.17$3.12
Apr 20252262481,0069750$63.54$3.42
Mar 20252462261,5191,4750$68.24$4.12
Feb 20252022139519240$71.53$4.19
Jan 20252202271,0239930$75.74$4.13
Dec 20242522489469190$70.12$3.01
Nov 20243033898468210$69.95$2.12
Oct 20242942647707300$71.99$2.20
Sep 20243994017216950$70.24$2.28
Aug 20244004389709330$76.68$1.99
Jul 20245495128287990$81.80$2.07
Jun 20244183798498200$79.77$2.54
May 2024272266000$80.02$2.12
Apr 20243182819489150$85.35$1.60
Mar 20242172437677430$81.28$1.49
Feb 20244454317176970$77.25$1.72
Jan 20244094194224060$74.15$3.18
Dec 20234384566236110$71.90$2.52
Nov 20234644886486480$77.69$2.71
Oct 20238648551,1501,1500$85.64$2.98
Sep 20232192334784780$89.43$2.64
Aug 20233304728208200$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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