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Texas oil lease

Producing

PEGASUS SPRABERRY UNIT

Pegasus Spraberry Unit is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field.

92 wells

1,212,026bbl oil, last 12 months−60% vs prior year
RRC lease
7C-17147

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
3,820,815 mcf
Oil in Jul 2026
68,527 bbl

Production by month

Oil output fell 60% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for PEGASUS SPRABERRY UNIT, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 1,212,026 bbl in the 12 months through Jul 2026, against 3,066,837 bbl in the 12 months before.Last 12 months: 1,212,026 bblbbl per monthmcf per month00100k200k200k400k300k600k400k800k500k1MOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 60% over the last 12 monthsMonthly oil production and gas for PEGASUS SPRABERRY UNIT, Aug 2023 to Jul 2026. Oil output fell 60% over the last 12 months. 1,212,026 bbl in the 12 months through Jul 2026, against 3,066,837 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100k200k200k400k300k600k400k800k500k1MJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of PEGASUS SPRABERRY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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
99% of the gas went to a processing plant in the last 12 monthsShare of PEGASUS SPRABERRY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 99% 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)

    99% · 3,772,343 mcf

  • Lease fuel (1)

    1.2% · 44,714 mcf

  • Flared (4)

    0.1% · 3,758 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

92 wells on this lease

Wells on PEGASUS SPRABERRY UNIT
API numberWell no.Status
42-329-00890707Active
42-329-00893709Active
42-329-008967013Active
42-329-00985804Active
42-329-01006149WActive
42-329-01007148Active
42-329-01023132Active
42-329-01026129Active
42-329-01027128Active
42-329-01037112Shut-in
42-329-01042113Active
42-329-010531306Active
42-329-01402606Active
42-329-01694153Active
42-329-02206710Active
42-329-32176722Active
42-329-32724161Shut-in
42-329-32910162Shut-in
42-329-33206163Shut-in
42-329-412301007MHActive
42-329-438641004MHActive
42-329-438691005MHActive
42-329-438701006MHActive
42-461-010782305Shut-in
42-461-010792306Active
42-461-012513901SActive
42-461-014231404Active
42-461-017141709Active
42-461-018503904Shut-in
42-461-018512203Active
42-461-018532205Active
42-461-018564404Active
42-461-021165801Shut-in
42-461-021175901Shut-in
42-461-021185902Shut-in
42-461-022061714Active
42-461-023784401Active
42-461-027794301SShut-in
42-461-027841707Active
42-461-027913801Active
42-461-028153401Shut-in
42-461-032844206Shut-in
42-461-032854308Shut-in
42-461-033025701Active
42-461-033035702Active
42-461-033204101Active
42-461-033234104Shut-in
42-461-033254106Shut-in
42-461-033424004Shut-in
42-461-033692509Active
42-461-033702510Active
42-461-033712512Active
42-461-033722513Active
42-461-033732514Active
42-461-033811305Shut-in
42-461-033851312Active
42-461-039041402Active
42-461-039821712Active
42-461-042754207Shut-in
42-461-042862902Shut-in
42-461-042874107Shut-in
42-461-331911723Shut-in
42-461-334233302Shut-in
42-461-334851615Shut-in
42-461-335321506Active
42-461-338124216Shut-in
42-461-339675005Active
42-461-407941416MHActive
42-461-407951406MHActive
42-461-407971407MHActive
42-461-416004806MHActive
42-461-416014807MHActive
42-461-416124901MHActive
42-461-416174902MHActive
42-461-416184903MHActive
42-461-416194904MHActive
42-461-417063801MHActive
42-461-417073803MHActive
42-461-417083805MHActive
42-461-42571106MHActive
42-461-42572107MHShut-in
42-461-42573108MHActive
42-461-42574601MHShut-in
42-461-42575602MHShut-in
42-461-42576603MHShut-in
42-461-42577604MHShut-in
42-461-42578606MHShut-in
42-461-42579607MHShut-in
42-461-806201609Shut-in
42-461-806241715Shut-in
42-461-806402904Shut-in
42-461-806474108Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Et Gathering & Processing LLCOilGathers100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Feb 1, 2025–
Energy Transfer CompanyCasinghead gasGathers50May 1, 2022Feb 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers50May 1, 2022Feb 1, 2025
Energy Transfer CompanyCasinghead gasBuys50May 1, 2022Feb 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys50May 1, 2022Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers100May 1, 2022Feb 1, 2025
Energy Transfer CompanyCasinghead gasGathers100Jul 31, 2014May 1, 2022

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

11,860.30 acres on the newest permit

A pooling certificate was filed

The wells on this lease state different acreage

The permits state between 80 and 11,984.99 acres.

97 wells are listed on this lease

Permits for Pegasus Spraberry Unit
API numberWell no.Acreson the permit
42-461-42574601MH11,860.30
42-461-42579607MH11,860.30
42-461-42571106MH11,860.30
42-461-42572107MH11,860.30
42-461-42573108MH11,860.30
42-461-42575602MH11,860.30
42-461-42576603MH11,860.30
42-461-42577604MH11,860.30
42-461-42578606MH11,860.30
42-461-417073803MH11,984.99
42-461-417083805MH11,984.99
42-461-417063801MH11,984.99

SourceRailroad Commission drilling permits, Sep 26, 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 SPRABERRY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202668,52768,312251,306248,5900$80.46$2.89
Jun 202667,16966,764245,485242,040209$84.81$3.15
May 202671,72672,278270,789267,2200$102.13$2.94
Apr 202680,43280,649309,205305,4220$100.32$2.77
Mar 202693,34493,237326,314318,6303,324$91.38$3.04
Feb 202688,47088,597282,336278,4100$64.51$3.62
Jan 2026104,075104,056322,291317,8800$60.04$7.72
Dec 2025117,070116,842345,065340,8470$57.97$4.26
Nov 2025124,819125,011355,991352,1530$60.06$3.79
Oct 2025128,109127,789376,847372,795225$60.89$3.19
Sep 2025129,116129,572355,458352,1460$63.96$2.97
Aug 2025139,169138,502379,728376,2100$64.86$2.91
Jul 2025147,017146,568397,367393,5760$68.39$3.20
Jun 2025152,956152,646401,370397,8680$68.17$3.02
May 2025171,875172,251420,367416,9520$62.17$3.12
Apr 2025182,638183,840406,929404,0620$63.54$3.42
Mar 2025204,364203,394435,526431,8300$68.24$4.12
Feb 2025213,341214,359419,905416,065124$71.53$4.19
Jan 2025282,860282,385486,922482,660206$75.74$4.13
Dec 2024341,620341,920523,119519,0030$70.12$3.01
Nov 2024388,149387,904486,589479,5773,208$69.95$2.12
Oct 2024416,887419,614439,982436,027197$71.99$2.20
Sep 2024362,537361,175378,104374,143207$70.24$2.28
Aug 2024202,593200,286283,340278,961581$76.68$1.99
Jul 202476,98176,614183,306179,494287$81.80$2.07
Jun 202462,97263,076184,266180,8570$79.77$2.54
May 202474,00074,289234,494230,96758$80.02$2.12
Apr 202482,51383,025242,530238,4950$85.35$1.60
Mar 202496,82896,831271,883268,0230$81.28$1.49
Feb 202497,97097,839255,106251,6800$77.25$1.72
Jan 2024108,061107,860265,435261,5960$74.15$3.18
Dec 2023108,451108,663262,840259,02950$71.90$2.52
Nov 2023106,401106,852266,016262,108163$77.69$2.71
Oct 2023122,794121,918302,810297,8131,062$85.64$2.98
Sep 2023121,998121,546310,449306,4190$89.43$2.64
Aug 2023127,574127,461294,941291,48432$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Cog Operating LLC in Upton County

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Pegasus (Consolidated) field

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