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Texas oil lease

Producing

SPANISH TRAIL 3-10 A15

Spanish Trail 3-10 A15 is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

Oil lease dossier

9,819bbl oil, last 12 months−17% vs prior year
Operator
Cog Operating LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-59558

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
51,487 mcf
Oil in Jul 2026
714 bbl

Production by month

Oil output fell 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL 3-10 A15, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 9,819 bbl in the 12 months through Jul 2026, against 11,868 bbl in the 12 months before.Last 12 months: 9,819 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 17% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL 3-10 A15, Aug 2023 to Jul 2026. Oil output fell 17% over the last 12 months. 9,819 bbl in the 12 months through Jul 2026, against 11,868 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
92% of the gas went to a processing plant in the last 12 monthsShare of SPANISH TRAIL 3-10 A15 gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a processing plant in the last 12 monthsShare of SPANISH TRAIL 3-10 A15 gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 47,446 mcf

  • Lease fuel (1)

    7.6% · 3,930 mcf

  • Flared (4)

    0.2% · 111 mcf

0.2% of the gas flared in the last 12 months. No month above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Pipeline L.p.OilGathers90Apr 1, 2023
Plains Marketing, L.p.OilGathers10Apr 1, 2023
Enlink Gas Marketing, LPCasinghead gasBuys100Apr 1, 2023
Enlink Permian, LLCCasinghead gasGathers100Apr 1, 2023

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

Who buys my oilOil price check

859.22 acres on the newest permit

  • Worth asking

    A production sharing agreement well is on this lease

    A production sharing agreement divides production by a method the agreement sets. Ask the operator for the agreement and the tract percentage it gives 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.

Check your decimal on this lease
Permits for Spanish Trail 3-10 A15
API numberWell no.Acreson the permit
42-329-416263551H859.22

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

Unit decimal checker

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 SPANISH TRAIL 3-10 A15
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20267147004,5454,2030$80.46$2.89
Jun 20267207174,2153,8720$84.81$3.15
May 20267657614,2203,8850$102.13$2.94
Apr 20267037053,8703,5500$100.32$2.77
Mar 20267117223,9203,5980$91.38$3.04
Feb 20267597414,0773,7880$64.51$3.62
Jan 20268328594,4814,1520$60.04$7.72
Dec 20258668694,6494,3110$57.97$4.26
Nov 20259189154,0653,7420$60.06$3.79
Oct 20259899864,3814,0500$60.89$3.19
Sep 20259219294,6484,3130$63.96$2.97
Aug 20259219094,4163,982111$64.86$2.91
Jul 20258538543,9873,6910$68.39$3.20
Jun 20258928873,9113,6350$68.17$3.02
May 20259329343,6503,3850$62.17$3.12
Apr 20258608522,8062,5450$63.54$3.42
Mar 20258668942,7762,4590$68.24$4.12
Feb 20257857972,7022,3600$71.53$4.19
Jan 20258708323,2162,8230$75.74$4.13
Dec 20249129153,9553,5760$70.12$3.01
Nov 20241,0171,0433,9323,5660$69.95$2.12
Oct 20241,2271,2244,1793,7880$71.99$2.20
Sep 20241,3431,3383,4663,1560$70.24$2.28
Aug 20241,3111,3083,4333,1250$76.68$1.99
Jul 20241,2851,2843,9273,6240$81.80$2.07
Jun 20241,2811,2896,0745,7350$79.77$2.54
May 20241,0321,038000$80.02$2.12
Apr 20241,1561,1454,0053,7090$85.35$1.60
Mar 20248978892,5412,3240$81.28$1.49
Feb 20247927922,7022,4320$77.25$1.72
Jan 20249549434,2973,9060$74.15$3.18
Dec 20239149004,2063,8190$71.90$2.52
Nov 20237637503,8823,5520$77.69$2.71
Oct 20237237323,8623,5406$85.64$2.98
Sep 20237767853,7133,34188$89.43$2.64
Aug 20238848574,2263,9250$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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This lease belongs to

OperatorCog Operating LLCFieldSpraberry (Trend Area)CountyMidland County

Cog Operating LLC in Midland County

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Spraberry (Trend Area) field

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