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Texas oil lease

Producing

NEAL RANCH "57"

Neal Ranch "57" is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

16 wells

21,315bbl oil, last 12 months−37% vs prior year
RRC lease
7C-15838

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
46,464 mcf
Oil in Jul 2026
1,313 bbl

Production by month

Oil output fell 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for NEAL RANCH "57", Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 21,315 bbl in the 12 months through Jul 2026, against 33,726 bbl in the 12 months before.Last 12 months: 21,315 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for NEAL RANCH "57", Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 21,315 bbl in the 12 months through Jul 2026, against 33,726 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,0005,00010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2023 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2023 the lease's gas goes to a processing plant instead of lease fuelShare of NEAL RANCH "57" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 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%Nov 2023: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2023 the lease's gas goes to a processing plant instead of lease fuelShare of NEAL RANCH "57" gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Nov 23: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    96% · 44,616 mcf

  • Lease fuel (1)

    4.0% · 1,848 mcf

16 wells on this lease

Wells on NEAL RANCH "57"
API numberWell no.Status
42-461-348431Shut-in
42-461-349112Active
42-461-350534Active
42-461-350553Active
42-461-351336Active
42-461-351345Active
42-461-368527Active
42-461-368668Shut-in
42-461-3719715Active
42-461-3720316Shut-in
42-461-372109Shut-in
42-461-3747510Active
42-461-3751911Shut-in
42-461-3758114Shut-in
42-461-3775213Active
42-461-3789812Active

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).

639.70 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 639.7 and 645.65 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    16 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Neal Ranch "57"
API numberWell no.Acreson the permit
42-461-3789812639.70
42-461-3775213639.70
42-461-3758114639.70
42-461-3751911639.70
42-461-3747510639.70
42-461-3720316639.70
42-461-3719715639.70
42-461-372109639.70
42-461-368668639.70
42-461-368527639.70
42-461-351336645.64
42-461-351345645.65

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 "57"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,3131,3282,9532,8650$80.46$2.89
Jun 20261,3521,3593,0292,9410$84.81$3.15
May 20261,7001,6153,3503,2500$102.13$2.94
Apr 20261,5331,5253,0943,0000$100.32$2.77
Mar 20261,6571,6673,4743,3600$91.38$3.04
Feb 20261,3481,3463,8413,7240$64.51$3.62
Jan 20261,7451,8004,6014,4430$60.04$7.72
Dec 20251,7401,7704,6174,4360$57.97$4.26
Nov 20252,0282,0505,4395,2110$60.06$3.79
Oct 20252,3782,3714,7184,4950$60.89$3.19
Sep 20252,1622,1253,6603,4520$63.96$2.97
Aug 20252,3592,4743,6883,4390$64.86$2.91
Jul 20252,1522,2222,6732,4790$68.39$3.20
Jun 20252,3632,2533,4293,2540$68.17$3.02
May 20252,9392,8345,4145,2330$62.17$3.12
Apr 20251,9982,0495,7375,5300$63.54$3.42
Mar 20252,4632,4185,3875,1620$68.24$4.12
Feb 20252,3012,3914,1693,9560$71.53$4.19
Jan 20253,1943,1805,5115,1480$75.74$4.13
Dec 20243,1823,1975,9125,4940$70.12$3.01
Nov 20242,8612,9394,0043,7460$69.95$2.12
Oct 20243,3183,3245,3584,96247$71.99$2.20
Sep 20243,4743,4826,2355,8260$70.24$2.28
Aug 20243,4813,4775,4185,0260$76.68$1.99
Jul 20243,8013,8082,8022,5570$81.80$2.07
Jun 20243,9403,9011,8661,6940$79.77$2.54
May 20243,7543,753000$80.02$2.12
Apr 20243,8953,7382,0051,7800$85.35$1.60
Mar 20243,4253,4252,3682,0980$81.28$1.49
Feb 20243,3573,3755404690$77.25$1.72
Jan 20244,1904,3221,4801,2370$74.15$3.18
Dec 20233,6203,4115344660$71.90$2.52
Nov 20231,1741,13337230$77.69$2.71
Oct 20231812521020$85.64$2.98
Sep 2023605100$89.43$2.64
Aug 20238581,0031,2961,2320$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