Skip to content
Royalty Clerk

Texas oil lease

Producing

REAGAN CORE 4E

Reagan Core 4E is an oil lease in Reagan County, Texas, operated by Conocophillips Company in the Spraberry (Trend Area) field.

1 well

26,920bbl oil, last 12 months−51% vs prior year
Operator
Conocophillips Company
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-21356

Is your check right?

Check my statement

Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
112,454 mcf
Oil in Jul 2026
2,742 bbl

Production by month

Oil output fell 51% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for REAGAN CORE 4E, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 26,920 bbl in the 12 months through Jul 2026, against 54,587 bbl in the 12 months before.Last 12 months: 26,920 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 51% over the last 12 monthsMonthly oil production and gas for REAGAN CORE 4E, Aug 2023 to Jul 2026. Oil output fell 51% over the last 12 months. 26,920 bbl in the 12 months through Jul 2026, against 54,587 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kJan 24JulJan 25JulJan 26Jul

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

Flaring peaked at 5.1% of the gas in Jul 2026.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
98% of the gas went to a processing plant in the last 12 monthsShare of REAGAN CORE 4E gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.1% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Flared 5.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
98% of the gas went to a processing plant in the last 12 monthsShare of REAGAN CORE 4E gas by disposition code each month, Aug 2023 to Jul 2026. 98% of the gas went to a processing plant in the last 12 months. Flaring peaked at 5.1% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Flared 5.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    98% · 219,609 mcf

  • Lease fuel (1)

    1.4% · 3,248 mcf

  • Flared (4)

    0.7% · 1,610 mcf

0.7% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on REAGAN CORE 4E
API numberWell no.Status
42-383-409151HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Feb 1, 2025–
Energy Transfer CompanyCasinghead gasBuys80May 1, 2025–
Enterprise Products Operating LLCCasinghead gasBuys20May 1, 2025–
Energy Transfer CompanyCasinghead gasGathers80May 1, 2025–
Enterprise Products Operating LLCCasinghead gasGathers20May 1, 2025–
Energy Transfer CompanyCasinghead gasGathers50Feb 1, 2025May 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasGathers50Feb 1, 2025May 1, 2025
Ent Navitas Mdstrm Mdlnd Bas LLCCasinghead gasBuys50Feb 1, 2025May 1, 2025
Etc South Permian Midstream LLCCasinghead gasBuys50Feb 1, 2025May 1, 2025
Dcp Operating Company, LPCasinghead gasGathers100Jul 26, 2021Feb 1, 2025
Dcp Operating Company, LPCasinghead gasBuys100Jul 26, 2021Feb 1, 2025

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

Who buys my oilOil price check

805.27 acres on the newest permit

An allocation well is on this lease

Permits for Reagan Core 4E
API numberWell no.Acreson the permit
42-383-409151H805.27

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

What ConocoPhillips told investors it received

Conocophillips Company 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 REAGAN CORE 4E
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,7422,72917,36315,728883$80.46$2.89
Jun 20262,8452,85114,33413,62684$84.81$3.15
May 20263,1013,12013,01612,39133$102.13$2.94
Apr 20263,3503,34111,57410,730237$100.32$2.77
Mar 20263,8353,8539,3678,812193$91.38$3.04
Feb 20265,2005,1606,3706,016141$64.51$3.62
Jan 20262,2972,2762,5182,38139$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 202500000$60.89$3.19
Sep 2025987753,7563,7560$63.96$2.97
Aug 20253,4523,31234,15634,1560$64.86$2.91
Jul 20253,6053,83733,96933,9690$68.39$3.20
Jun 20253,7493,56038,31538,3150$68.17$3.02
May 20254,0123,87439,72939,7290$62.17$3.12
Apr 20254,2024,26537,83637,8360$63.54$3.42
Mar 20254,4774,42932,95832,9580$68.24$4.12
Feb 20253,7753,91027,99427,9940$71.53$4.19
Jan 20255,1305,08034,24434,125119$75.74$4.13
Dec 20244,9485,31832,13432,1340$70.12$3.01
Nov 20245,6255,36025,20625,2060$69.95$2.12
Oct 20244,0873,7749,4279,4270$71.99$2.20
Sep 20244,4444,91714,30014,3000$70.24$2.28
Aug 20246,5336,36513,26212,894368$76.68$1.99
Jul 20245,1114,7606,9326,9320$81.80$2.07
Jun 20243,6363,5724,7854,7850$79.77$2.54
May 20241,4311,79225,11825,1180$80.02$2.12
Apr 20246,0776,33448,43648,037399$85.35$1.60
Mar 20246,6686,55349,96349,9630$81.28$1.49
Feb 20246,2566,17144,75644,7560$77.25$1.72
Jan 20247,0507,16039,96139,9610$74.15$3.18
Dec 20237,6267,71645,83245,8320$71.90$2.52
Nov 20237,9057,62847,34047,3400$77.69$2.71
Oct 20238,5219,04745,94445,88856$85.64$2.98
Sep 20238,0978,05437,05836,118940$89.43$2.64
Aug 20238,9358,66439,24739,2470$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

How to check your stub against this lease

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorConocophillips CompanyFieldSpraberry (Trend Area)CountyReagan County

Conocophillips Company in Reagan County

All Conocophillips Company leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km