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Texas oil lease

Producing

PISTOL 25-9

Pistol 25-9 is an oil lease in Loving County, Texas, operated by Cog Operating LLC in the Phantom (Wolfcamp) field.

2 wells

13,203bbl oil, last 12 months−7% vs prior year
Operator
Cog Operating LLC
County
Loving County
Field
Phantom (Wolfcamp)
RRC lease
08-49173

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Where it sits

This county

Loving CountyLovingWinklerWardLoving County
Loving County
Gas, last 12 months
7,376 mcf
Oil in Jul 2026
1,274 bbl

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for PISTOL 25-9, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 13,203 bbl in the 12 months through Jul 2026, against 14,221 bbl in the 12 months before.Last 12 months: 13,203 bblbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for PISTOL 25-9, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 13,203 bbl in the 12 months through Jul 2026, against 14,221 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0001,0002,0002,0003,0003,0004,0004,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuel

Flaring peaked at 17.1% of the gas in Nov 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuelShare of PISTOL 25-9 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 17.1% of the gas in Nov 2024.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2024: fuel to plantFlared 17.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuelShare of PISTOL 25-9 gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2024 the lease's gas goes to a processing plant instead of lease fuel. Flaring peaked at 17.1% of the gas in Nov 2024.Share of gas by disposition code0%50%100%Jun 24: fuel to plantFlared 17.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 7,369 mcf

  • Flared (4)

    0.1% · 7 mcf

0.1% of the gas flared in the last 12 months. 5 months above 3%.

2 wells on this lease

Wells on PISTOL 25-9
API numberWell no.Status
42-301-331792HShut-in
42-301-334494HActive

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–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100May 29, 2017Jan 22, 2020
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100May 29, 2017Jan 22, 2020
Energy Transfer CompanyOilGathers50May 29, 2017Jan 22, 2020
Western Refining Company, L.p.OilGathers50May 29, 2017Jan 22, 2020

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

Who buys my oilOil price check

80 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 80 and 640 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Pistol 25-9
API numberWell no.Acreson the permit
42-301-334494H80
42-301-331792H640

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 25-9
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,2741,1583763760$80.46$2.89
Jun 20261,1429924664660$84.81$3.15
May 20261,5371,4252932921$102.13$2.94
Apr 20261,3511,4708818792$100.32$2.77
Mar 20261,0551,0318528493$91.38$3.04
Feb 2026255749490$64.51$3.62
Jan 20269838326356350$60.04$7.72
Dec 20251,0501,2514094090$57.97$4.26
Nov 20251,4861,4957337330$60.06$3.79
Oct 20251,0331,7811,0051,0050$60.89$3.19
Sep 20251,0321,2647627611$63.96$2.97
Aug 20251,2354869159150$64.86$2.91
Jul 20257818575685680$68.39$3.20
Jun 20251,1591,0478098081$68.17$3.02
May 20252,6182,7509699609$62.17$3.12
Apr 20251,6921,7721,3101,24565$63.54$3.42
Mar 20251,4211,6031,4861,45927$68.24$4.12
Feb 20251,4331,2632502500$71.53$4.19
Jan 20259709765135130$75.74$4.13
Dec 20241,0851,3732272270$70.12$3.01
Nov 20241,3311,57349841385$69.95$2.12
Oct 20241,307502000$71.99$2.20
Sep 2024424462392390$70.24$2.28
Aug 20240629000$76.68$1.99
Jul 202466293000$81.80$2.07
Jun 20241,1151,1768458450$79.77$2.54
May 20241,131747000$80.02$2.12
Apr 20246456821,9731103$85.35$1.60
Mar 20241,5931,5662,21599194$81.28$1.49
Feb 20241,5471,7061,93011715$77.25$1.72
Jan 20241,3301,0402,32635549$74.15$3.18
Dec 20239511,2752,09916116$71.90$2.52
Nov 20231,3041,1502,07319914$77.69$2.71
Oct 20231,3601,3172,22923671$85.64$2.98
Sep 20231,5621,5072,182384134$89.43$2.64
Aug 20231,7971,7672,84392626$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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