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Texas oil lease

Producing

NEAL RANCH "45" A

Neal Ranch "45" A is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

2 wells

7,796bbl oil, last 12 months+35% vs prior year
RRC lease
7C-17561

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
6,471 mcf
Oil in Jul 2026
613 bbl

Production by month

Oil output rose 35% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 35% over the last 12 monthsMonthly oil production and gas for NEAL RANCH "45" A, Aug 2023 to Jul 2026. Oil output rose 35% over the last 12 months. 7,796 bbl in the 12 months through Jul 2026, against 5,789 bbl in the 12 months before.Last 12 months: 7,796 bblbbl per monthmcf per month002002504005006007508001,0001,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 35% over the last 12 monthsMonthly oil production and gas for NEAL RANCH "45" A, Aug 2023 to Jul 2026. Oil output rose 35% over the last 12 months. 7,796 bbl in the 12 months through Jul 2026, against 5,789 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002002504005006007508001,0001,0001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2024 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Dec 2024 the lease's gas goes to a processing plant instead of lease fuelShare of NEAL RANCH "45" A gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 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%Dec 2024: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2024 the lease's gas goes to a processing plant instead of lease fuelShare of NEAL RANCH "45" A gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Dec 24: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    91% · 5,876 mcf

  • Lease fuel (1)

    9.0% · 585 mcf

  • Flared (4)

    0.2% · 10 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

2 wells on this lease

Wells on NEAL RANCH "45" A
API numberWell no.Status
42-461-371806Active
42-461-3782310Active

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).

80 acres on the newest permit

Permits for Neal Ranch "45" A
API numberWell no.Acreson the permit
42-461-378231080
42-461-37180680

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 "45" A
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266137057937430$80.46$2.89
Jun 20267758218257770$84.81$3.15
May 20264312573402900$102.13$2.94
Apr 20262452733092610$100.32$2.77
Mar 20266716935815310$91.38$3.04
Feb 20268018577406970$64.51$3.62
Jan 20267456296636130$60.04$7.72
Dec 20258378517446940$57.97$4.26
Nov 202587095634929110$60.06$3.79
Oct 20256165532722220$60.89$3.19
Sep 20253422781831350$63.96$2.97
Aug 20258501,0326726220$64.86$2.91
Jul 20258446896796290$68.39$3.20
Jun 20255546333172690$68.17$3.02
May 20258526784844340$62.17$3.12
Apr 20257368814874390$63.54$3.42
Mar 20258488925044540$68.24$4.12
Feb 2025180213116710$71.53$4.19
Jan 20254593413272770$75.74$4.13
Dec 20241871971501000$70.12$3.01
Nov 202421321584360$69.95$2.12
Oct 202468158121710$71.99$2.20
Sep 20244053749559070$70.24$2.28
Aug 20244433441,1131,0630$76.68$1.99
Jul 20244115681,1201,0700$81.80$2.07
Jun 20244242671,0791,0310$79.77$2.54
May 2024439538000$80.02$2.12
Apr 20244875031,0681,0200$85.35$1.60
Mar 20245015391,1191,0690$81.28$1.49
Feb 20244664391,0029560$77.25$1.72
Jan 20245393971,1091,0590$74.15$3.18
Dec 20234775991,1181,0960$71.90$2.52
Nov 20235805548758750$77.69$2.71
Oct 20233783514984980$85.64$2.98
Sep 202320660$89.43$2.64
Aug 20232192303723720$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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Drilling permits within 10 km