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Texas oil lease

Producing

SPANISH TRAIL 3-10 A9

Spanish Trail 3-10 A9 is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

Oil lease dossier

1,334bbl oil, last 12 months−71% vs prior year
Operator
Cog Operating LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-59563

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
35,740 mcf
Oil in Jul 2026
113 bbl

Production by month

Oil output fell 71% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 71% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL 3-10 A9, Aug 2023 to Jul 2026. Oil output fell 71% over the last 12 months. 1,334 bbl in the 12 months through Jul 2026, against 4,543 bbl in the 12 months before.Last 12 months: 1,334 bblbbl per monthmcf per month002005,00040010k60015k80020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 71% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL 3-10 A9, Aug 2023 to Jul 2026. Oil output fell 71% over the last 12 months. 1,334 bbl in the 12 months through Jul 2026, against 4,543 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005,00040010k60015k80020kJan 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 A9 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 A9 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% · 32,936 mcf

  • Lease fuel (1)

    7.6% · 2,724 mcf

  • Flared (4)

    0.2% · 80 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 A9
API numberWell no.Acreson the permit
42-329-414573471H859.22

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 A9
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261131113,0652,8350$80.46$2.89
Jun 20261141132,8642,6310$84.81$3.15
May 20261141122,8892,6590$102.13$2.94
Apr 202688872,5812,3680$100.32$2.77
Mar 202681842,6512,4330$91.38$3.04
Feb 202698962,8432,6410$64.51$3.62
Jan 20261121153,2322,9950$60.04$7.72
Dec 20251161153,2513,0150$57.97$4.26
Nov 20251091102,8042,5810$60.06$3.79
Oct 20251281293,1072,8730$60.89$3.19
Sep 20251381383,2553,0210$63.96$2.97
Aug 20251231183,1982,88480$64.86$2.91
Jul 202583813,2262,9870$68.39$3.20
Jun 202566712,2242,0670$68.17$3.02
May 20251281463,0872,8630$62.17$3.12
Apr 20252953086,8786,2380$63.54$3.42
Mar 20254845015,1664,5760$68.24$4.12
Feb 20254474534,2063,6740$71.53$4.19
Jan 20254954755,0064,3940$75.74$4.13
Dec 20245395366,2065,6110$70.12$3.01
Nov 20245395496,0355,4730$69.95$2.12
Oct 20246045936,6646,0410$71.99$2.20
Sep 20245305146,8336,2210$70.24$2.28
Aug 20243333356,1925,6370$76.68$1.99
Jul 20243613578,0957,4700$81.80$2.07
Jun 202431231011,18510,5600$79.77$2.54
May 2024211208000$80.02$2.12
Apr 20241942014,8764,5150$85.35$1.60
Mar 202423123412,26211,2150$81.28$1.49
Feb 20242492585,7865,2070$77.25$1.72
Jan 202439939011,42410,3850$74.15$3.18
Dec 202333332112,24811,1220$71.90$2.52
Nov 202318518212,86011,7670$77.69$2.71
Oct 202318118312,58111,53021$85.64$2.98
Sep 202319119215,13013,615357$89.43$2.64
Aug 202320921114,27213,2540$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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Nearby

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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