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Texas oil lease

Producing

POWELL-NEAL UNIT

Powell-Neal Unit is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

4 wells

181,258bbl oil, last 12 months−29% vs prior year
RRC lease
7C-22094

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
1,055,443 mcf
Oil in Jul 2026
13,396 bbl

Production by month

Oil output fell 29% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for POWELL-NEAL UNIT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 181,258 bbl in the 12 months through Jul 2026, against 256,865 bbl in the 12 months before.Last 12 months: 181,258 bblbbl per monthmcf per month0025k50k50k100k75k150k100k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 29% over the last 12 monthsMonthly oil production and gas for POWELL-NEAL UNIT, Aug 2023 to Jul 2026. Oil output fell 29% over the last 12 months. 181,258 bbl in the 12 months through Jul 2026, against 256,865 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0025k50k50k100k75k150k100k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

Flaring peaked at 5.2% of the gas in Aug 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of POWELL-NEAL UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.2% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.2%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
97% of the gas went to a processing plant in the last 12 monthsShare of POWELL-NEAL UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 97% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.2% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 5.2%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    97% · 1,027,955 mcf

  • Lease fuel (1)

    2.6% · 27,488 mcf

4 wells on this lease

Wells on POWELL-NEAL UNIT
API numberWell no.Status
42-461-421423605LHActive
42-461-421433605BHActive
42-461-421443606LHActive
42-461-421453606BHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Enlink Crude Marketing, LLCOilGathers100Apr 29, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Apr 29, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Apr 29, 2023

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

462 acres on the newest permit

  • 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 Powell-Neal Unit
API numberWell no.Acreson the permit
42-461-421443606LH462
42-461-421423605LH462
42-461-421433605BH462
42-461-421453606BH462

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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 POWELL-NEAL UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202613,39613,36886,48684,0950$80.46$2.89
Jun 202612,95412,94285,97783,7550$84.81$3.15
May 202613,57013,63089,27187,0030$102.13$2.94
Apr 202613,93713,90491,66689,3640$100.32$2.77
Mar 202615,13015,12897,24094,8450$91.38$3.04
Feb 202614,20414,21781,55979,5420$64.51$3.62
Jan 202615,82815,81492,57390,1980$60.04$7.72
Dec 202517,03917,07893,38390,9880$57.97$4.26
Nov 202518,36518,33189,33186,9450$60.06$3.79
Oct 202514,46714,43678,26876,0050$60.89$3.19
Sep 202514,65614,70578,82176,6220$63.96$2.97
Aug 202517,71217,69290,86888,5930$64.86$2.91
Jul 202518,16318,16892,77890,5420$68.39$3.20
Jun 202518,10618,10789,35487,3040$68.17$3.02
May 202519,91919,90395,54994,2060$62.17$3.12
Apr 202519,78419,80492,08792,0040$63.54$3.42
Mar 202521,07521,060102,853100,8270$68.24$4.12
Feb 202520,41620,39980,63478,89393$71.53$4.19
Jan 202514,82814,87086,85785,0860$75.74$4.13
Dec 202422,21822,240105,122103,0980$70.12$3.01
Nov 202423,93823,96094,75992,8570$69.95$2.12
Oct 202426,44626,464104,078100,5561,245$71.99$2.20
Sep 202425,20125,198113,605111,4590$70.24$2.28
Aug 202426,77126,689101,57199,6670$76.68$1.99
Jul 202429,57929,637104,934102,9530$81.80$2.07
Jun 202430,36730,334104,511102,5670$79.77$2.54
May 202433,05533,088000$80.02$2.12
Apr 202433,25033,290106,300104,4910$85.35$1.60
Mar 202440,23940,175125,367123,3570$81.28$1.49
Feb 202439,10539,134111,042109,2270$77.25$1.72
Jan 202445,21345,167124,652122,7610$74.15$3.18
Dec 202349,17149,182171,843165,9784,715$71.90$2.52
Nov 202354,86955,005130,389130,2530$77.69$2.71
Oct 202358,60058,463150,676150,5170$85.64$2.98
Sep 202365,76965,699147,602147,4500$89.43$2.64
Aug 202380,41280,431142,822135,2257,447$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

Cog Operating LLC in Upton County

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Spraberry (Trend Area) field

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