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Texas gas well

Producing

PEGASUS FIELD UNIT 3

Pegasus Field Unit 3 is a gas well in Upton County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field.

Gas well dossier

23,266mcf gas, last 12 months+105% vs prior year
RRC lease
7C-199408

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas in Jul 2026
8,802 mcf
Reporting since
Jan 2020

Production by month

Gas output rose 105% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output rose 105% over the last 12 monthsMonthly gas production for PEGASUS FIELD UNIT 3, Aug 2023 to Jul 2026. Gas output rose 105% over the last 12 months. 23,266 mcf in the 12 months through Jul 2026, against 11,328 mcf in the 12 months before.Last 12 months: 23,266 mcfmcf per month02,5005,0007,50010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 105% over the last 12 monthsMonthly gas production for PEGASUS FIELD UNIT 3, Aug 2023 to Jul 2026. Gas output rose 105% over the last 12 months. 23,266 mcf in the 12 months through Jul 2026, against 11,328 mcf in the 12 months before.Last 12 monthsmcf per month02,5005,0007,50010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 9.4% of the gas in Nov 2025.

  • Processing plant (3)
  • Flared (4)
Over 99% 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. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.4% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 9.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% 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. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 9.4% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Flared 9.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 23,190 mcf

  • Flared (4)

    0.3% · 76 mcf

0.3% of the gas flared in the last 12 months. One month above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Bridger Transportation, LLCCondensateGathers100Aug 1, 2014
Dcp Operating Company, LPGas-well gasBuys100Apr 1, 2017
Dcp Operating Company, LPGas-well gasGathers100Apr 1, 2017

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

11,680 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.

Check your decimal on this lease
Permits for Pegasus Field Unit 3
API numberWell no.Acreson the permit
42-461-03862170511,680

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 PEGASUS FIELD UNIT 3
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20268,8028,8020$80.46$2.89
Jun 20262,8162,8160$84.81$3.15
May 20261,2951,2950$102.13$2.94
Apr 20261,2811,2810$100.32$2.77
Mar 20261,2131,2130$91.38$3.04
Feb 20261,0831,0830$64.51$3.62
Jan 20261,1391,1390$60.04$7.72
Dec 20251,3461,3460$57.97$4.26
Nov 202581273676$60.06$3.79
Oct 20251,2911,2910$60.89$3.19
Sep 20251,1791,1790$63.96$2.97
Aug 20251,0091,0090$64.86$2.91
Jul 20251,0131,0130$68.39$3.20
Jun 20251,3361,3360$68.17$3.02
May 20251,3881,3880$62.17$3.12
Apr 20251,2981,2980$63.54$3.42
Mar 20259719710$68.24$4.12
Feb 20259839830$71.53$4.19
Jan 20258718710$75.74$4.13
Dec 20246496490$70.12$3.01
Nov 20243323320$69.95$2.12
Oct 20248588580$71.99$2.20
Sep 20248728720$70.24$2.28
Aug 20247577570$76.68$1.99
Jul 20246236230$81.80$2.07
Jun 20244834830$79.77$2.54
May 20245615610$80.02$2.12
Apr 20245335330$85.35$1.60
Mar 20245145140$81.28$1.49
Feb 20244554550$77.25$1.72
Jan 20245455450$74.15$3.18
Dec 20236576570$71.90$2.52
Nov 20235465460$77.69$2.71
Oct 20237267260$85.64$2.98
Sep 20236526520$89.43$2.64
Aug 20235355350$81.39$2.58

Flared above 3%

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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Pegasus (Consolidated) field

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New drilling permits in Upton County

Newest in the county: this lease has no coordinates.