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Royalty Clerk

Texas oil lease · RRC district 7C · Lease 17154

Producing

PEGASUS FIELD UNIT 3

Pegasus Field Unit 3 is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field. The Railroad Commission shows 784,461 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 142 wells

784,461bbl oil, last 12 months−13% vs prior year
Operator
Cog Operating LLC
County
Midland County
Field
Pegasus (Consolidated)
RRC lease
7C-17154

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County · RRC district 7COpen Midland County →
Gas, last 12 months
10,906,774 mcf
Oil in Jul 2026
61,830 bbl
Reporting to the state
since Jan 2020
Wells
142

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 13% over the last 12 months

784,461 bbl in the 12 months through Jul 2026, against 902,612 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for PEGASUS FIELD UNIT 3, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 784,461 bbl in the 12 months through Jul 2026, against 902,612 bbl in the 12 months before.Last 12 months: 784,461 bblbbl per monthmcf per month0050k500k100k1M150k1.5M200k2MOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 13% over the last 12 monthsMonthly oil production and gas for PEGASUS FIELD UNIT 3, Aug 2023 to Jul 2026. Oil output fell 13% over the last 12 months. 784,461 bbl in the 12 months through Jul 2026, against 902,612 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050k500k100k1M150k1.5M200k2MJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 17154, district 7C. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

96% of the gas went to a processing plant in the last 12 months

Each bar is one month. Colors are the disposition codes the operator reported.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of PEGASUS FIELD UNIT 3 gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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
96% of the gas went to a processing plant in the last 12 monthsShare of PEGASUS FIELD UNIT 3 gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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, gas disposition by code, lease 17154, district 7C. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.1% of the gas was flared. No month went above 3%.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Cog Operating LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeCog Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Cog Operating LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeCog Operating LLC, Jan 2020 to Jul 20262020202120222023202420252026Cog Operating LLCJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

142 wells on this lease

Every well the Railroad Commission links to oil lease 17154 in district 7C. The API number is the state’s ID for a well.
Wells on PEGASUS FIELD UNIT 3
API numberWell no.Status
42-329-00895712Active
42-329-00988809Active
42-329-01058101Shut-in
42-329-32461608RActive
42-329-324651315Active
42-329-347991065Active
42-329-365887039Shut-in
42-329-36661170Active
42-329-368751323Active
42-329-37042221Active
42-329-370515503Active
42-329-370921103Shut-in
42-329-37907164Shut-in
42-329-37940168Shut-in
42-329-37975211Active
42-329-38080406Shut-in
42-329-380865209Active
42-329-38201610Shut-in
42-329-38360167Shut-in
42-329-385091080Shut-in
42-329-38561905Shut-in
42-329-385671003Shut-in
42-329-38730213Active
42-329-38929818HActive
42-329-389381089HActive
42-329-389471335HActive
42-329-39088191HActive
42-329-39535226HActive
42-329-399088182HActive
42-329-40932108BHActive
42-329-40933108LHActive
42-329-40940109AHActive
42-329-40941109BHActive
42-329-40942109LHActive
42-329-40989118LHActive
42-329-40990118BHActive
42-329-40992117LHActive
42-329-41003117BHActive
42-329-410391304LHActive
42-329-410485505LHActive
42-329-410505505BHActive
42-329-410595506LHActive
42-329-410645507LHActive
42-329-41209120LHActive
42-329-41244119LHActive
42-329-412451007BHActive
42-329-412471007LHActive
42-329-41312105BHActive
42-329-41313105LHShut-in
42-329-41314105SHActive
42-329-41315104LHActive
42-329-41316104BHActive
42-329-415161008LHActive
42-329-415171008BHActive
42-329-41611102BHActive
42-329-41612103AHActive
42-329-41613103BHActive
42-329-41614103LHActive
42-329-41615102LHActive
42-329-43871101LHActive
42-329-43872101BHActive
42-329-440915201LHActive
42-329-440935212LHActive
42-329-440945203BHActive
42-329-441065203LHShut-in
42-329-441075204BHActive
42-329-441085214LHActive
42-461-018544402Active
42-461-033244105Shut-in
42-461-033414003Active
42-461-033552003Active
42-461-033602009WShut-in
42-461-331882409WShut-in
42-461-361464405Active
42-461-361475006Active
42-461-363384217Active
42-461-363404218Active
42-461-367022906Active
42-461-367372539Active
42-461-367611732Active
42-461-367622108Active
42-461-371931729Shut-in
42-461-372342913Active
42-461-372391409Shut-in
42-461-372401325Active
42-461-372492528Active
42-461-373514311Shut-in
42-461-373524223Shut-in
42-461-378442529Active
42-461-380041727Active
42-461-380824222Active
42-461-380844219Shut-in
42-461-381073905Active
42-461-381114910Shut-in
42-461-381124605Shut-in
42-461-381162014Active
42-461-382101728Shut-in
42-461-382204504Active
42-461-382322209Active
42-461-382402016Shut-in
42-461-382662411Active
42-461-383484006Active
42-461-383494109Active
42-461-383512308Active
42-461-384411319Active
42-461-384442530Active
42-461-384452607Active
42-461-384472907Active
42-461-384971730Active
42-461-385371618Active
42-461-385415007Shut-in
42-461-385564225Active
42-461-385654221Active
42-461-385662525Active
42-461-386201321Active
42-461-386212531Active
42-461-386223405Active
42-461-386484408Shut-in
42-461-387932310Shut-in
42-461-388124606Active
42-461-388142114Active
42-461-391694611HActive
42-461-391733911HActive
42-461-392434915HActive
42-461-392811754HActive
42-461-394342917HActive
42-461-395834610HActive
42-461-39588614HActive
42-461-395914120HActive
42-461-395924119HActive
42-461-397964314HShut-in
42-461-399242110HActive
42-461-407991406LHActive
42-461-408001407LHActive
42-461-408011416LHActive
42-461-417022915LHActive
42-461-417032906LHActive
42-461-417092503BHActive
42-461-417102906BHActive
42-461-417152908BHActive
42-461-417172908LHActive
42-461-417182917LHActive

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 17154.

Estimator

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Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says PEGASUS FIELD UNIT 3 sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for PEGASUS FIELD UNIT 3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Cog Operating61,83061,958925,372890,379483$80.46$2.89
Jun 2026Cog Operating59,30159,325936,231900,5392,135$84.81$3.15
May 2026Cog Operating64,63165,164918,423883,8500$102.13$2.94
Apr 2026Cog Operating61,33860,791885,159851,8340$100.32$2.77
Mar 2026Cog Operating64,70864,117897,000861,4791,288$91.38$3.04
Feb 2026Cog Operating59,44659,406826,654795,462855$64.51$3.62
Jan 2026Cog Operating60,90261,138851,970816,7381,550$60.04$7.72
Dec 2025Cog Operating70,77071,517937,474903,3210$57.97$4.26
Nov 2025Cog Operating71,88471,270949,662916,5400$60.06$3.79
Oct 2025Cog Operating75,34874,878997,851960,9512,394$60.89$3.19
Sep 2025Cog Operating68,13668,220896,820864,1740$63.96$2.97
Aug 2025Cog Operating66,16765,417884,158850,3530$64.86$2.91
Jul 2025Cog Operating58,74458,920842,318807,1041,200$68.39$3.20
Jun 2025Cog Operating58,94159,332806,222771,5341,604$68.17$3.02
May 2025Cog Operating63,95164,071847,153812,4340$62.17$3.12
Apr 2025Cog Operating65,34465,650831,559797,5820$63.54$3.42
Mar 2025Cog Operating74,49774,861858,924824,0810$68.24$4.12
Feb 2025Cog Operating72,69573,690800,495768,389647$71.53$4.19
Jan 2025Cog Operating77,87177,297896,997863,0171,295$75.74$4.13
Dec 2024Cog Operating85,08186,215966,755934,0340$70.12$3.01
Nov 2024Cog Operating78,47778,573962,534930,6310$69.95$2.12
Oct 2024Cog Operating89,26288,5651,023,159989,574237$71.99$2.20
Sep 2024Cog Operating87,12887,9891,069,0371,035,3470$70.24$2.28
Aug 2024Cog Operating90,62190,0531,041,7451,005,6961,643$76.68$1.99
Jul 2024Cog Operating94,06893,5091,042,3621,004,8533,203$81.80$2.07
Jun 2024Cog Operating93,25693,4201,025,307989,4942,644$79.77$2.54
May 2024Cog Operating104,013103,8911,041,3641,000,3256,818$80.02$2.12
Apr 2024Cog Operating95,96896,1271,057,2291,023,9640$85.35$1.60
Mar 2024Cog Operating111,986112,2191,166,2151,130,2171,498$81.28$1.49
Feb 2024Cog Operating112,423111,8261,128,2461,095,9860$77.25$1.72
Jan 2024Cog Operating118,751119,6811,173,2251,138,7310$74.15$3.18
Dec 2023Cog Operating125,593124,8851,222,1821,186,951388$71.90$2.52
Nov 2023Cog Operating126,408126,3911,210,9491,176,260837$77.69$2.71
Oct 2023Cog Operating131,285131,5071,251,6851,211,9914,263$85.64$2.98
Sep 2023Cog Operating133,933133,9301,248,2671,211,8541,599$89.43$2.64
Aug 2023Cog Operating141,490142,8041,302,9971,266,26663$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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This lease belongs to

OperatorCog Operating LLCFieldPegasus (Consolidated)CountyMidland County

Cog Operating LLC in Midland County

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Pegasus (Consolidated) field

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New drilling permits in Midland County

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How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 17154, district 7C, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.