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Texas oil lease

Producing

PISTOL 24-20

Pistol 24-20 is an oil lease in Loving County, Texas, operated by Cog Operating LLC in the Phantom (Wolfcamp) field.

2 wells

30,454bbl oil, last 12 months+24% vs prior year
Operator
Cog Operating LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-46474

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
35,973 mcf
Oil in Jul 2026
2,827 bbl

Production by month

Oil output rose 24% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 24% over the last 12 monthsMonthly oil production and gas for PISTOL 24-20, Aug 2023 to Jul 2026. Oil output rose 24% over the last 12 months. 30,454 bbl in the 12 months through Jul 2026, against 24,472 bbl in the 12 months before.Last 12 months: 30,454 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 24% over the last 12 monthsMonthly oil production and gas for PISTOL 24-20, Aug 2023 to Jul 2026. Oil output rose 24% over the last 12 months. 30,454 bbl in the 12 months through Jul 2026, against 24,472 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,0005,0005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 46.5% of the gas in Jul 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuelShare of PISTOL 24-20 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 46.5% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Oct 2025: fuel to plantFlared 46.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuelShare of PISTOL 24-20 gas by disposition code each month, Aug 2023 to Jul 2026. Since Oct 2025 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 46.5% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Oct 25: fuel to plantFlared 46.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    56% · 20,008 mcf

  • Lease fuel (1)

    31% · 11,284 mcf

  • Flared (4)

    13% · 4,681 mcf

13.0% of the gas flared in the last 12 months. 4 months above 3%.

2 wells on this lease

Wells on PISTOL 24-20
API numberWell no.Status
42-301-323151HActive
42-301-334843HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oryx Delaware Oil Transport LLCOilGathers100Jan 22, 2020–
Targa Delaware LLCCasinghead gasBuys100Jan 22, 2020–
Targa Delaware LLCCasinghead gasGathers100Jan 22, 2020–
Energy Transfer CompanyCasinghead gasGathers100Mar 1, 2017Jan 22, 2020
Energy Transfer CompanyCasinghead gasBuys100Mar 1, 2017Jan 22, 2020
Targa Delaware LLCOilGathers100May 1, 2017Jan 22, 2020

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

Who buys my oilOil price check

640 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 640 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Pistol 24-20
API numberWell no.Acreson the permit
42-301-334843H640
42-301-323151H320

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 PISTOL 24-20
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,8272,4763,1267111,454$80.46$2.89
Jun 20262,8042,9152,8858201,135$84.81$3.15
May 20263,6133,4524,1101,5631,586$102.13$2.94
Apr 20262,8603,0082,5581,124504$100.32$2.77
Mar 20263,6513,6184,0263,0650$91.38$3.04
Feb 20263,1423,1043,7662,9290$64.51$3.62
Jan 20262,6402,9533,0932,1311$60.04$7.72
Dec 20251,8231,7872,2331,2720$57.97$4.26
Nov 20252,9272,6283,9573,0270$60.06$3.79
Oct 20252,0942,0913,0542,0930$60.89$3.19
Sep 20255429691,7287971$63.96$2.97
Aug 20251,5311,1791,4374760$64.86$2.91
Jul 20257196521,3674060$68.39$3.20
Jun 20252,0232,3893,2822,3520$68.17$3.02
May 20251,6731,0551,1421810$62.17$3.12
Apr 20251,9212,3511,8819510$63.54$3.42
Mar 20252,1161,7352,1141,1530$68.24$4.12
Feb 20252,4782,7263,2912,4540$71.53$4.19
Jan 20252,5842,6222,5551,5940$75.74$4.13
Dec 20242,7072,7493,0712,1100$70.12$3.01
Nov 20242,4692,3721,8789480$69.95$2.12
Oct 20241,8902,0871,4845230$71.99$2.20
Sep 20242,0051,7442,3301,3982$70.24$2.28
Aug 20241,8872,4702,6471,6860$76.68$1.99
Jul 20242,3372,1123,3022,3410$81.80$2.07
Jun 20242,1791,9042,3351,4050$79.77$2.54
May 20241,9882,632000$80.02$2.12
Apr 20242,8952,4843,9413,0110$85.35$1.60
Mar 20242,6762,2293,1322,1710$81.28$1.49
Feb 20242,6042,7652,9612,0620$77.25$1.72
Jan 20242,6973,1002,0271,0660$74.15$3.18
Dec 20232,7092,3511,2883270$71.90$2.52
Nov 20232,9552,9083,4042,4740$77.69$2.71
Oct 20232,7182,9371,7017391$85.64$2.98
Sep 20232,5782,2893,8352,9050$89.43$2.64
Aug 20232,7772,8132,6912,6290$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

This lease belongs to

OperatorCog Operating LLCFieldPhantom (Wolfcamp)CountyLoving County

Cog Operating LLC in Loving County

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Phantom (Wolfcamp) field

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