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Texas oil lease

Producing

PARKS FIELD UNIT 2

Parks Field Unit 2 is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Parks (Consolidated) field.

141 wells

379,402bbl oil, last 12 months−10% vs prior year
Operator
Cog Operating LLC
County
Midland County
Field
Parks (Consolidated)
RRC lease
08-39630

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
2,678,946 mcf
Oil in Jul 2026
29,368 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ENERGY TRANSFER COMPANY replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 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 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for PARKS FIELD UNIT 2, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 379,402 bbl in the 12 months through Jul 2026, against 419,949 bbl in the 12 months before.Last 12 months: 379,402 bblbbl per monthmcf per month0020k100k40k200k60k300k80k400kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for PARKS FIELD UNIT 2, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 379,402 bbl in the 12 months through Jul 2026, against 419,949 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0020k100k40k200k60k300k80k400kJan 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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of PARKS FIELD UNIT 2 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.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of PARKS FIELD UNIT 2 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.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 2,609,629 mcf

  • Lease fuel (1)

    2.3% · 61,398 mcf

  • Flared (4)

    0.3% · 7,919 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

141 wells on this lease

Wells on PARKS FIELD UNIT 2
API numberWell no.Status
42-329-00811901Active
42-329-00812902Active
42-329-008152701Shut-in
42-329-008162402Active
42-329-008172503Shut-in
42-329-008381303Active
42-329-008391803Active
42-329-008421405Active
42-329-008431805Shut-in
42-329-008441306Active
42-329-008451806Active
42-329-008471908Active
42-329-008481309Shut-in
42-329-008501311Active
42-329-008842003Shut-in
42-329-009092101Shut-in
42-329-009102102Active
42-329-009651913Shut-in
42-329-009661914Active
42-329-009691417Active
42-329-009701418Active
42-329-009731419Shut-in
42-329-009752302Active
42-329-009762303Active
42-329-010622207Active
42-329-010632606Shut-in
42-329-01143601Active
42-329-017161807Active
42-329-312062313Active
42-329-312352208Shut-in
42-329-312361808Shut-in
42-329-312792614Active
42-329-313132506Active
42-329-313142407WActive
42-329-313181810Active
42-329-313212316WActive
42-329-313222505Active
42-329-313242408Active
42-329-313252317WActive
42-329-313471813Active
42-329-313511812Active
42-329-313522320Active
42-329-313532318Active
42-329-313562319WActive
42-329-313571919Active
42-329-313591811WActive
42-329-313612616WActive
42-329-313622615Active
42-329-314201926Active
42-329-314301927WActive
42-329-314321825Active
42-329-314331814Active
42-329-314351824Shut-in
42-329-314362321Shut-in
42-329-314972702Shut-in
42-329-31498269AShut-in
42-329-314992617Active
42-329-315331922Active
42-329-315341821Shut-in
42-329-317101823WActive
42-329-328532618Active
42-329-330002322Active
42-329-330041828Active
42-329-330052414Active
42-329-330062323Active
42-329-332111928Active
42-329-332122415Active
42-329-358531424Active
42-329-364142626AActive
42-329-366701325Shut-in
42-329-366771831Shut-in
42-329-366851428Shut-in
42-329-366902704Active
42-329-367392328Active
42-329-367402209Shut-in
42-329-367541834Shut-in
42-329-367552416Active
42-329-368741427Shut-in
42-329-369602705Shut-in
42-329-36965907Active
42-329-370522419Shut-in
42-329-370532330Shut-in
42-329-370942210Shut-in
42-329-37237910Shut-in
42-329-372711425Shut-in
42-329-372742103Shut-in
42-329-373711436Active
42-329-374501841Active
42-329-374551426Shut-in
42-329-374561432Shut-in
42-329-376722327Shut-in
42-329-37747908Active
42-329-377531327Active
42-329-378751839Shut-in
42-329-378762104Shut-in
42-329-378802627AShut-in
42-329-378811929Active
42-329-37897909Active
42-329-382101434Shut-in
42-329-382132417Shut-in
42-329-382211840Shut-in
42-329-382222620Active
42-329-382231833Shut-in
42-329-382481321Shut-in
42-329-382511438Shut-in
42-329-384872326Shut-in
42-329-384912418Shut-in
42-329-38493911Active
42-329-385162508Active
42-329-385571938Shut-in
42-329-386361837Shut-in
42-329-386381948Active
42-329-389822428HActive
42-329-391052348HActive
42-329-393052630HShut-in
42-329-393152709HShut-in
42-329-394311454HActive
42-329-394381921HShut-in
42-329-396231856HActive
42-329-399092336BHShut-in
42-329-399102329LHShut-in
42-329-399272346CHShut-in
42-329-407641863BHShut-in
42-329-407651863LHActive
42-329-409141455LHActive
42-329-409151451LHActive
42-329-410401454LHActive
42-329-410411450BHShut-in
42-329-410431450LHShut-in
42-329-411051904BHActive
42-329-414982308MHShut-in
42-329-414992308LHActive
42-329-415012308BHActive
42-329-415371805SHActive
42-329-416081458LHActive
42-329-416091458CHShut-in
42-329-417401807LHActive
42-329-417411806LHActive
42-329-432372307LHActive
42-329-432392307MHActive
42-329-439682001BHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oasis Transp & Marketing Corp.OilGathers100Feb 1, 2022–
Energy Transfer CompanyCasinghead gasBuys100Apr 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Feb 1, 2022Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Jul 1, 2021Apr 1, 2026
Enlink Permian, LLCCasinghead gasGathers100Jul 1, 2021Feb 1, 2022
Energy Trans Crude Marketing LLCOilGathers50Jun 1, 2021Feb 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers50Jun 1, 2021Feb 1, 2022
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2014Jun 1, 2021

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

Who buys my oilOil price check

4,897.60 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 100 and 8,480 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    142 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.

  • 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 Parks Field Unit 2
API numberWell no.Acreson the permit
42-329-439682001BH4,897.60
42-329-432372307LH4,897.60
42-329-432392307MH4,897.60
42-329-417411806LH4,897.60
42-329-417401807LH4,897.60
42-329-416081458LH4,897.60
42-329-416091458CH4,897.60
42-329-415371805SH4,897.60
42-329-414992308LH4,897.60
42-329-415012308BH4,897.60
42-329-414982308MH4,897.60
42-329-411051904BH4,897.60

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 PARKS FIELD UNIT 2
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202629,36829,640225,120219,781200$80.46$2.89
Jun 202628,43328,107213,525208,133564$84.81$3.15
May 202630,59030,609224,746218,875832$102.13$2.94
Apr 202630,54230,719222,683216,850740$100.32$2.77
Mar 202631,83331,904231,058223,2122,273$91.38$3.04
Feb 202629,58429,556201,097194,7141,856$64.51$3.62
Jan 202632,59132,618215,049209,215672$60.04$7.72
Dec 202534,38734,317228,095222,77056$57.97$4.26
Nov 202531,09831,058224,660219,41219$60.06$3.79
Oct 202532,97232,864231,424225,788365$60.89$3.19
Sep 202533,12633,186232,588227,121342$63.96$2.97
Aug 202534,87834,868228,901223,7580$64.86$2.91
Jul 202536,17736,565235,956230,720125$68.39$3.20
Jun 202536,52836,179223,711218,81497$68.17$3.02
May 202539,28739,326230,915225,61465$62.17$3.12
Apr 202533,92134,140200,971196,1230$63.54$3.42
Mar 202536,38836,126218,863213,003657$68.24$4.12
Feb 202533,37233,497186,169181,4480$71.53$4.19
Jan 202537,47037,651196,205191,0271$75.74$4.13
Dec 202437,30237,123200,445195,1610$70.12$3.01
Nov 202432,41333,141187,540180,3751,994$69.95$2.12
Oct 202433,07833,792216,500210,9700$71.99$2.20
Sep 202430,67630,907206,963201,13973$70.24$2.28
Aug 202433,33733,597204,113197,494675$76.68$1.99
Jul 202441,15941,365260,388252,8381,883$81.80$2.07
Jun 202439,59139,116252,282243,181505$79.77$2.54
May 202442,28942,340272,465253,0173,964$80.02$2.12
Apr 202445,62346,116274,102259,0910$85.35$1.60
Mar 202446,78846,392279,119263,3570$81.28$1.49
Feb 202444,24345,389261,605245,7931,001$77.25$1.72
Jan 202445,98346,268251,271234,351450$74.15$3.18
Dec 202353,08352,819267,793255,7820$71.90$2.52
Nov 202347,74847,972237,673231,774359$77.69$2.71
Oct 202354,05453,351252,868245,5721,375$85.64$2.98
Sep 202353,31753,569250,277244,51770$89.43$2.64
Aug 202353,58853,560268,215262,4510$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

This lease belongs to

OperatorCog Operating LLCFieldParks (Consolidated)CountyMidland County

Cog Operating LLC in Midland County

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