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Texas oil lease

Producing

NEAL RANCH "56" Z

Neal Ranch "56" Z is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

4 wells

353bbl oil, last 12 months−24% vs prior year
RRC lease
7C-14682

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Oil in Jul 2026
3 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production for NEAL RANCH "56" Z, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 353 bbl in the 12 months through Jul 2026, against 466 bbl in the 12 months before.Last 12 months: 353 bblbbl per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production for NEAL RANCH "56" Z, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 353 bbl in the 12 months through Jul 2026, against 466 bbl in the 12 months before.Last 12 monthsbbl per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Jun 2022

Operators of this lease over timeApache Corporation, Jan 2020 to May 2022; Cog Operating LLC, Jun 2022 to Jul 20262020202120222023202420252026Changed Jun 2022Apache CorporationJan 2020 to May 2022Cog Operating LLCJun 2022 to now
Operators of this lease over timeApache Corporation, Jan 2020 to May 2022; Cog Operating LLC, Jun 2022 to Jul 20262020202120222023202420252026Changed Jun 2022Apache CorporationJan 2020 to May 2022Cog Operating LLCJun 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on NEAL RANCH "56" Z
API numberWell no.Status
42-461-338561Active
42-461-368647Active
42-461-369683Active
42-461-370544Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mv Purchasing, LLCOilGathers100Jun 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Dks Transport LLCOilGathers100Jun 1, 2020Jun 1, 2026
Enterprise Crude Oil LLCOilGathers100May 1, 2010Jun 1, 2020

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

440 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 40 and 448.2 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 "56" Z
API numberWell no.Acreson the permit
42-461-370544440
42-461-369683448.20
42-461-368647448.20
42-461-33856140

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 "56" Z
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Cog Operating30$80.46$2.89
Jun 2026Cog Operating20$84.81$3.15
May 2026Cog Operating153176$102.13$2.94
Apr 2026Cog Operating430$100.32$2.77
Mar 2026Cog Operating10$91.38$3.04
Feb 2026Cog Operating10$64.51$3.62
Jan 2026Cog Operating20$60.04$7.72
Dec 2025Cog Operating20$57.97$4.26
Nov 2025Cog Operating20$60.06$3.79
Oct 2025Cog Operating9347$60.89$3.19
Sep 2025Cog Operating1090$63.96$2.97
Aug 2025Cog Operating260$64.86$2.91
Jul 2025Cog Operating1050$68.39$3.20
Jun 2025Cog Operating560$68.17$3.02
May 2025Cog Operating60$62.17$3.12
Apr 2025Cog Operating30$63.54$3.42
Mar 2025Cog Operating49187$68.24$4.12
Feb 2025Cog Operating160$71.53$4.19
Jan 2025Cog Operating300$75.74$4.13
Dec 2024Cog Operating110$70.12$3.01
Nov 2024Cog Operating190$69.95$2.12
Oct 2024Cog Operating280$71.99$2.20
Sep 2024Cog Operating87182$70.24$2.28
Aug 2024Cog Operating560$76.68$1.99
Jul 2024Cog Operating310$81.80$2.07
Jun 2024Cog Operating470$79.77$2.54
May 2024Cog Operating170177$80.02$2.12
Apr 2024Cog Operating150$85.35$1.60
Mar 2024Cog Operating80$81.28$1.49
Feb 2024Cog Operating50$77.25$1.72
Jan 2024Cog Operating70200$74.15$3.18
Dec 2023Cog Operating750$71.90$2.52
Nov 2023Cog Operating00$77.69$2.71
Oct 2023Cog Operating00$85.64$2.98
Sep 2023Cog Operating30$89.43$2.64
Aug 2023Cog Operating80$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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