Texas oil lease
ProducingPOWDER KEG F
Powder Keg F 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
- 08-63870
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 154,714 mcf
- Oil in Jul 2026
- 8,355 bbl
Production by month
Oil output fell 54% 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% · 151,428 mcf
Lease fuel (1)
2.1% · 3,260 mcf
Flared (4)
0.0% · 26 mcf
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-301-36834 | 406H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From |
|---|---|---|---|---|
| Plains Pipeline L.p. | Oil | Gathers | 80 | Mar 18, 2025 |
| Plains Marketing, L.p. | Oil | Gathers | 20 | Mar 18, 2025 |
| Targa Delaware LLC | Casinghead gas | Buys | 100 | Mar 18, 2025 |
| Targa Delaware LLC | Casinghead gas | Gathers | 100 | Mar 18, 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 |
|---|---|---|---|---|
| 42-301-36834 | 406H | Mar 28, 2024 | Mar 18, 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 | 8,355 | 8,329 | 10,441 | 10,159 | 0 | $80.46 | $2.89 |
| Jun 2026 | 9,560 | 9,531 | 12,218 | 11,913 | 9 | $84.81 | $3.15 |
| May 2026 | 8,108 | 8,108 | 10,906 | 10,603 | 6 | $102.13 | $2.94 |
| Apr 2026 | 9,015 | 9,142 | 13,195 | 12,862 | 8 | $100.32 | $2.77 |
| Mar 2026 | 11,904 | 11,948 | 15,242 | 14,933 | 0 | $91.38 | $3.04 |
| Feb 2026 | 11,907 | 11,930 | 12,030 | 11,790 | 1 | $64.51 | $3.62 |
| Jan 2026 | 14,663 | 14,796 | 17,702 | 17,361 | 1 | $60.04 | $7.72 |
| Dec 2025 | 11,849 | 11,378 | 13,067 | 12,796 | 0 | $57.97 | $4.26 |
| Nov 2025 | 3,040 | 3,244 | 2,320 | 2,268 | 0 | $60.06 | $3.79 |
| Oct 2025 | 6,718 | 6,866 | 7,533 | 7,367 | 0 | $60.89 | $3.19 |
| Sep 2025 | 14,007 | 13,975 | 16,445 | 16,145 | 0 | $63.96 | $2.97 |
| Aug 2025 | 18,116 | 18,340 | 23,615 | 23,231 | 1 | $64.86 | $2.91 |
| Jul 2025 | 14,245 | 14,098 | 18,184 | 17,816 | 0 | $68.39 | $3.20 |
| Jun 2025 | 15,758 | 15,636 | 21,994 | 21,618 | 4 | $68.17 | $3.02 |
| May 2025 | 19,077 | 19,030 | 28,091 | 27,670 | 3 | $62.17 | $3.12 |
| Apr 2025 | 25,975 | 25,866 | 39,399 | 38,851 | 108 | $63.54 | $3.42 |
| Mar 2025 | 10,923 | 10,743 | 15,343 | 14,921 | 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
- SLINGSHOT F
136,244 bbl
- SLINGSHOT E
118,379 bbl
- POWDER KEG E
115,027 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
Phantom (Wolfcamp) field
- CASA 56-T2-22X15 YB
512,015 mcf
- MARY SWAIN HARRELL WEST
1,784,999 mcf
- UL 20 TWITCH D
127,868 bbl
- BAT MASTERSON D
103,362 bbl
- UL PAHASKA 21-6
127,378 bbl
- SIERRA STATE 54-1-7-6 G
770,415 mcf
- STONE CUTTER J
526,857 mcf
- SHOCK-N-AWE 19-0-5-41 F
120,429 bbl
- BULLDOG STATE 55-4-12-7 E
714,993 mcf
- CONSTRICTOR 53-35 P
337,258 mcf
Leases within 10 km
- POWDER KEG E
115,027 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 · 1.7 km
- POWDER KEG B
215,702 bbl · 1.7 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
DARKNESS #1WB
new drill · horizontal · Admiral Permian Operating LLC · Loving County · 6.9 km
Permit 0918976 · Sep 30, 2026
DARKNESS #1WC
new drill · horizontal · Admiral Permian Operating LLC · Loving County · 6.9 km
Permit 0918978 · Sep 30, 2026
DARKNESS #2WC
new drill · horizontal · Admiral Permian Operating LLC · Loving County · 6.9 km
Permit 0918980 · Sep 30, 2026
LIVIN #143H
new drill · horizontal · Powderhorn Operating, LLC · Loving County · 5.4 km
Permit 0918742 · Sep 22, 2026