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Texas oil lease

Producing

SPANISH TRAIL 3-10 A8

Spanish Trail 3-10 A8 is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

Oil lease dossier

6,579bbl oil, last 12 months−28% vs prior year
RRC lease
08-59564

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
126,133 mcf
Oil in Jul 2026
362 bbl

Production by month

Oil output fell 28% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL 3-10 A8, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 6,579 bbl in the 12 months through Jul 2026, against 9,193 bbl in the 12 months before.Last 12 months: 6,579 bblbbl per monthmcf per month002505,00050010k75015k1,00020k1,25025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 28% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL 3-10 A8, Aug 2023 to Jul 2026. Oil output fell 28% over the last 12 months. 6,579 bbl in the 12 months through Jul 2026, against 9,193 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505,00050010k75015k1,00020k1,25025kJan 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 A8 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 A8 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% · 116,228 mcf

  • Lease fuel (1)

    7.6% · 9,622 mcf

  • Flared (4)

    0.2% · 283 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).

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 A8
API numberWell no.Acreson the permit
42-329-426543452H859.22

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 SPANISH TRAIL 3-10 A8
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202636237010,5029,7130$80.46$2.89
Jun 202650950310,1389,3120$84.81$3.15
May 202649348810,0429,2440$102.13$2.94
Apr 20264294379,2298,4660$100.32$2.77
Mar 20265015109,9599,1400$91.38$3.04
Feb 202654652910,4419,7010$64.51$3.62
Jan 202654956811,54010,6930$60.04$7.72
Dec 202558458611,57210,7310$57.97$4.26
Nov 20256246219,9649,1730$60.06$3.79
Oct 202566065810,7179,9080$60.89$3.19
Sep 202561162710,7529,9770$63.96$2.97
Aug 202571171111,27710,170283$64.86$2.91
Jul 202575474511,89011,0090$68.39$3.20
Jun 202568766511,14010,3540$68.17$3.02
May 20255055355,9495,5180$62.17$3.12
Apr 202576275011,66110,5760$63.54$3.42
Mar 20257147439,4248,3480$68.24$4.12
Feb 20256967076,1995,4150$71.53$4.19
Jan 20257717407,3776,4750$75.74$4.13
Dec 20248428379,1468,2690$70.12$3.01
Nov 20248428538,8948,0660$69.95$2.12
Oct 20248918639,6158,7160$71.99$2.20
Sep 20246356689,5388,6840$70.24$2.28
Aug 20241,0941,07411,67610,6290$76.68$1.99
Jul 202484283810,3309,5320$81.80$2.07
Jun 202479580617,18816,2280$79.77$2.54
May 2024696704000$80.02$2.12
Apr 202482383111,90511,0250$85.35$1.60
Mar 20247877397,2506,6310$81.28$1.49
Feb 20243313265,4574,9110$77.25$1.72
Jan 20243443757,4546,7760$74.15$3.18
Dec 20237417487,9517,2200$71.90$2.52
Nov 20238308156,8796,2940$77.69$2.71
Oct 20237787716,7166,15511$85.64$2.98
Sep 20236216316,6255,962156$89.43$2.64
Aug 20237447366,6846,2070$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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