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Texas oil lease

Producing

PIEDRA

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

2 wells

5,655bbl oil, last 12 months−15% vs prior year
Operator
Cog Operating LLC
County
Midland County
Field
Parks (Consolidated)
RRC lease
08-48133

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
78,148 mcf
Oil in Jul 2026
472 bbl

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for PIEDRA, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 5,655 bbl in the 12 months through Jul 2026, against 6,666 bbl in the 12 months before.Last 12 months: 5,655 bblbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for PIEDRA, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 5,655 bbl in the 12 months through Jul 2026, against 6,666 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002502,0005004,0007506,0001,0008,0001,25010kJan 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

Flaring peaked at 100.0% of the gas in Nov 2025.

  • Processing plant (3)
  • Flared (4)
99% of the gas went to a processing plant in the last 12 monthsShare of PIEDRA 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. Flaring peaked at 100.0% of the gas in Nov 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
99% of the gas went to a processing plant in the last 12 monthsShare of PIEDRA 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. Flaring peaked at 100.0% of the gas in Nov 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    99% · 77,629 mcf

  • Flared (4)

    0.7% · 519 mcf

0.7% of the gas flared in the last 12 months. One month above 3%.

2 wells on this lease

Wells on PIEDRA
API numberWell no.Status
42-329-407511Active
42-329-410562Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100Jun 1, 2020–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jun 1, 2020
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Jun 1, 2020
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Nov 1, 2016Jun 1, 2020

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

Who buys my oilOil price check

161.03 acres on the newest permit

Permits for Piedra
API numberWell no.Acreson the permit
42-329-410562161.03
42-329-407511161.03

SourceRailroad Commission drilling permits, Sep 26, 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 PIEDRA
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264724208,8108,8100$80.46$2.89
Jun 20264594478,1578,1570$84.81$3.15
May 20264894518,4538,4530$102.13$2.94
Apr 20265095787,9887,9880$100.32$2.77
Mar 20265525687,8627,8620$91.38$3.04
Feb 20264856876,6206,54575$64.51$3.62
Jan 20261,0248739,8789,711167$60.04$7.72
Dec 20257202312310$57.97$4.26
Nov 20251701390139$60.06$3.79
Oct 20255526278,1267,988138$60.89$3.19
Sep 20258317539,0749,0740$63.96$2.97
Aug 20251931442,8102,8100$64.86$2.91
Jul 20253184384,4894,4890$68.39$3.20
Jun 20253774527,7817,7810$68.17$3.02
May 20256585867,5357,5350$62.17$3.12
Apr 20256287237,4047,4040$63.54$3.42
Mar 20255884657,5287,5280$68.24$4.12
Feb 20256816416,2126,2120$71.53$4.19
Jan 20251,0161,1087,9317,9310$75.74$4.13
Dec 20243413091,2001,2000$70.12$3.01
Nov 20249259346,2566,16393$69.95$2.12
Oct 20240049490$71.99$2.20
Sep 20242413212,3212,3210$70.24$2.28
Aug 20248931,2348,1338,1330$76.68$1.99
Jul 202445103,0773,0770$81.80$2.07
Jun 20243392992,8772,8770$79.77$2.54
May 2024713763000$80.02$2.12
Apr 20242936132,7942,7940$85.35$1.60
Mar 20246683115,3795,3790$81.28$1.49
Feb 20244986473,9423,9420$77.25$1.72
Jan 20249318457,9057,9050$74.15$3.18
Dec 20231433281,5581,5580$71.90$2.52
Nov 20237478038,2058,2050$77.69$2.71
Oct 20238037898,7828,7820$85.64$2.98
Sep 20238636017,7737,7730$89.43$2.64
Aug 20235087464,8894,8890$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 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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Parks (Consolidated) field

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