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Producing

SARAH ANN

Sarah Ann is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

17 wells

25,545bbl oil, last 12 months−48% vs prior year
RRC lease
08-41440

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
47,240 mcf
Oil in Jul 2026
2,785 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ONEOK MIDLAND MIDSTREAM, LLC replaced CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Apr 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 48% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for SARAH ANN, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 25,545 bbl in the 12 months through Jul 2026, against 49,072 bbl in the 12 months before.Last 12 months: 25,545 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 48% over the last 12 monthsMonthly oil production and gas for SARAH ANN, Aug 2023 to Jul 2026. Oil output fell 48% over the last 12 months. 25,545 bbl in the 12 months through Jul 2026, against 49,072 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 12.1% of the gas in Mar 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of SARAH ANN gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 12.1% of the gas in Mar 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 12.1%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of SARAH ANN gas by disposition code each month, Aug 2023 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 12.1% of the gas in Mar 2024.Share of gas by disposition code0%50%100%Flared 12.1%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 47,130 mcf

  • Flared (4)

    0.2% · 110 mcf

0.2% of the gas flared in the last 12 months. 2 months above 3%.

17 wells on this lease

Wells on SARAH ANN
API numberWell no.Status
42-329-370703801Active
42-329-372773802Shut-in
42-329-376313803Active
42-329-376323804Shut-in
42-329-380323806Active
42-329-381403807Active
42-329-383723812HActive
42-329-384143813WBActive
42-329-385123814MSShut-in
42-329-386493811Active
42-329-388953809Shut-in
42-329-391553808Active
42-329-394473813LSActive
42-329-402403817LSShut-in
42-329-402413818LSActive
42-329-402423819LSShut-in
42-329-402433820LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Apr 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys100Apr 1, 2026–
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2026–
Enlink Midstream Services, LLCCasinghead gasGathers100Aug 1, 2022Apr 1, 2026
Coronado Midstream LLCCasinghead gasBuys100Aug 1, 2022Apr 1, 2026
Enterprise Crude Oil LLCOilGathers10Aug 1, 2022Apr 1, 2026
Enterprise Crude Pipeline LLCOilGathers10Aug 1, 2022Apr 1, 2026
Plains Marketing, L.p.OilGathers40Aug 1, 2022Apr 1, 2026
Plains Pipeline L.p.OilGathers40Aug 1, 2022Apr 1, 2026

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

649.35 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 649.05 and 649.35 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    18 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 Sarah Ann
API numberWell no.Acreson the permit
42-329-402433820LS649.35
42-329-402403817LS649.35
42-329-402413818LS649.35
42-329-402423819LS649.35
42-329-394473813LS649.35
42-329-391553808649.35
42-329-388953809649.35
42-329-386493811649.35
42-329-385123814H649.35
42-329-385123814MS649.35
42-329-384143813WB649.35
42-329-383723812H649.35

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 SARAH ANN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,7852,8114,1944,1940$80.46$2.89
Jun 20261,7481,7623,1563,1560$84.81$3.15
May 20262,1312,1004,0354,0350$102.13$2.94
Apr 20263,0403,0645,2245,2240$100.32$2.77
Mar 20262,5942,5365,0565,0560$91.38$3.04
Feb 20262,0611,9853,9953,9950$64.51$3.62
Jan 20261,9671,9673,7123,64270$60.04$7.72
Dec 20252,2852,3933,9733,9730$57.97$4.26
Nov 20252,0482,0653,6073,6070$60.06$3.79
Oct 20251,5611,5372,8832,8830$60.89$3.19
Sep 20251,5861,5733,4883,4880$63.96$2.97
Aug 20251,7391,7503,9173,87740$64.86$2.91
Jul 20258949352,9232,9230$68.39$3.20
Jun 20251,9442,0134,7754,7750$68.17$3.02
May 20252,4382,2336,3716,3710$62.17$3.12
Apr 20252,8642,8207,1877,087100$63.54$3.42
Mar 20252,9883,0606,6536,59360$68.24$4.12
Feb 20252,8823,2215,9355,89540$71.53$4.19
Jan 20253,8463,7257,6847,6840$75.74$4.13
Dec 20246,2766,03413,54913,5490$70.12$3.01
Nov 20246,2526,29613,70813,7080$69.95$2.12
Oct 20245,7375,87212,32112,3210$71.99$2.20
Sep 20246,2716,15212,75612,7560$70.24$2.28
Aug 20246,6806,71514,49514,4950$76.68$1.99
Jul 20246,5746,51213,77913,7790$81.80$2.07
Jun 20246,9116,86511,90111,522379$79.77$2.54
May 20245,8456,06710,42610,216210$80.02$2.12
Apr 20246,0815,9588,7928,71181$85.35$1.60
Mar 20244,0593,8155,0634,448615$81.28$1.49
Feb 20244,1824,7916,7756,6470$77.25$1.72
Jan 20246,5476,4759,7999,5790$74.15$3.18
Dec 20236,3256,36710,0169,7960$71.90$2.52
Nov 20236,0406,1469,3219,08523$77.69$2.71
Oct 20236,8716,95511,17710,9570$85.64$2.98
Sep 20236,2056,02110,90810,6950$89.43$2.64
Aug 20235,9295,99310,75710,5370$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 Midland County

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Spraberry (Trend Area) field

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Drilling permits within 10 km