Texas oil lease
ProducingPOWDER KEG E
Powder Keg E is an oil lease in Loving County, Texas, operated by Cog Operating LLC in the Phantom (Wolfcamp) field.
1 well
- Operator
- Cog Operating LLC
- County
- Loving County
- Field
- Phantom (Wolfcamp)
- RRC lease
- 08-63929
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 198,855 mcf
- Oil in Jul 2026
- 7,012 bbl
Production by month
Oil output fell 60% since Mar 2025
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
98% of the gas went to a processing plant in the last 12 months
- Processing plant (3)
- Lease fuel (1)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Processing plant (3)
98% · 194,471 mcf
Lease fuel (1)
2.2% · 4,349 mcf
Flared (4)
0.0% · 35 mcf
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-301-35720 | 415H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Plains Pipeline L.p. | Oil | Gathers | 80 | Mar 19, 2025 |
| Plains Marketing, L.p. | Oil | Gathers | 20 | Mar 19, 2025 |
| Targa Delaware LLC | Casinghead gas | Buys | 100 | Mar 19, 2025 |
| Targa Delaware LLC | Casinghead gas | Gathers | 100 | Mar 19, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,266 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-301-35720 | 415H | Mar 28, 2024 | Mar 19, 2025 | 1,266 |
What ConocoPhillips told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $99.40 | $2.58 | $24.54 | SEC filing |
| Q1 2026 | $73.47 | $4.09 | $20.42 | SEC filing |
| Q3 2025 | $66.13 | $4.28 | $19.20 | SEC filing |
| Q2 2025 | $64.23 | $4.16 | $20.98 | SEC filing |
| Q1 2025 | $71.65 | $5.62 | $25.40 | SEC filing |
| Q3 2024 | $76.77 | $4.42 | $21.93 | SEC filing |
SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
17 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 7,012 | 6,985 | 17,229 | 16,764 | 0 | $80.46 | $2.89 |
| Jun 2026 | 7,794 | 7,767 | 18,230 | 17,774 | 14 | $84.81 | $3.15 |
| May 2026 | 6,493 | 6,476 | 15,694 | 15,259 | 8 | $102.13 | $2.94 |
| Apr 2026 | 6,463 | 6,534 | 14,975 | 14,596 | 10 | $100.32 | $2.77 |
| Mar 2026 | 7,818 | 7,837 | 12,910 | 12,648 | 0 | $91.38 | $3.04 |
| Feb 2026 | 7,495 | 7,501 | 14,766 | 14,472 | 1 | $64.51 | $3.62 |
| Jan 2026 | 8,925 | 9,110 | 15,683 | 15,381 | 1 | $60.04 | $7.72 |
| Dec 2025 | 9,538 | 9,405 | 16,172 | 15,836 | 0 | $57.97 | $4.26 |
| Nov 2025 | 14,584 | 14,796 | 19,492 | 19,056 | 0 | $60.06 | $3.79 |
| Oct 2025 | 12,871 | 12,699 | 18,639 | 18,228 | 0 | $60.89 | $3.19 |
| Sep 2025 | 11,357 | 11,330 | 18,844 | 18,500 | 0 | $63.96 | $2.97 |
| Aug 2025 | 14,677 | 14,894 | 16,221 | 15,957 | 1 | $64.86 | $2.91 |
| Jul 2025 | 12,362 | 12,301 | 14,713 | 14,416 | 0 | $68.39 | $3.20 |
| Jun 2025 | 15,981 | 15,855 | 21,948 | 21,573 | 4 | $68.17 | $3.02 |
| May 2025 | 19,177 | 19,112 | 27,120 | 26,714 | 3 | $62.17 | $3.12 |
| Apr 2025 | 24,546 | 24,439 | 37,941 | 37,413 | 104 | $63.54 | $3.42 |
| Mar 2025 | 10,105 | 9,939 | 14,586 | 14,184 | 3 | $68.24 | $4.12 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Cog Operating LLC in Loving County
- POWDER KEG F
127,242 bbl
- SLINGSHOT E
118,379 bbl
- RUDD DRAW H
105,066 bbl
- ECHO B UNIT
112,982 bbl
- RUDD DRAW 29-3
111,150 bbl
- AFTERSHOCK WEST B UNIT
94,614 bbl
- DREADNAUGHT G
94,137 bbl
- AFTERMATH WEST A UNIT BS
94,600 bbl
- SLINGSHOT C
94,017 bbl
- SHOCKWAVE B
95,931 bbl
Phantom (Wolfcamp) field
- BULLDOG STATE 55-4-12-7 D
824,875 mcf
- UL 18 33-32F
118,751 bbl
- LA CUCARACHA STATE UNIT
943,428 mcf
- SKYFALL STATE 8-11 F
776,899 mcf
- GUTHRIE STATE F
113,028 bbl
- HIGHLINE RIDGE 54-2 D
109,112 bbl
- WAND STATE 56-3-18-19 E
505,955 mcf
- UL 18 BENNY WEST E
486,148 mcf
- HAT TRICK 56-T1-42X31 BH
734,477 mcf
- STATE GAGE 2/5
1,070,816 mcf
Leases within 10 km
- POWDER KEG F
127,242 bbl · 0 km
- LUDEMAN D
291,708 bbl · 1.3 km
- PISTOL 25-9E
5,308 bbl · 1.4 km
- LUDEMAN E
26,239 bbl · 1.4 km
- POWDER KEG D
239,299 bbl · 1.6 km
- POWDER KEG C
205,661 bbl · 1.6 km
- PISTOL 25-8
0 bbl · 1.6 km
- POWDER KEG B
215,702 bbl · 1.6 km
- POWDER KEG A
203,695 bbl · 1.7 km
- THUNDERBALL
1,149,611 bbl · 1.9 km
Drilling permits within 10 km
EL CAMPEON UNIT 3 #154H
new drill · horizontal · Permian Resources Operating, LLC · Loving County · 6 km
Permit 0918847 · Oct 1, 2026
ALRIGHT ALRIGHT #143H
new drill · horizontal · Powderhorn Operating, LLC · Loving County · 5.6 km
Permit 0918744 · Sep 22, 2026
LIVIN #143H
new drill · horizontal · Powderhorn Operating, LLC · Loving County · 5.4 km
Permit 0918742 · Sep 22, 2026
LIVIN #144H
new drill · horizontal · Powderhorn Operating, LLC · Loving County · 5.5 km
Permit 0918743 · Sep 22, 2026
MOONTOWER #142H
new drill · horizontal · Powderhorn Operating, LLC · Loving County · 6.2 km
Permit 0918081 · Sep 1, 2026