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Producing

SPANISH TRAIL 3332H

Spanish Trail 3332H is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

Oil lease dossier

8,991bbl oil, last 12 months+4% vs prior year
Operator
Cog Operating LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-50741

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
13,716 mcf
Oil in Jul 2026
464 bbl

Production by month

Oil output rose 4% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL 3332H, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 8,991 bbl in the 12 months through Jul 2026, against 8,652 bbl in the 12 months before.Last 12 months: 8,991 bblbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 4% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL 3332H, Aug 2023 to Jul 2026. Oil output rose 4% over the last 12 months. 8,991 bbl in the 12 months through Jul 2026, against 8,652 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,5001,0005,0001,5007,5002,00010k2,50012.5kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

95% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
95% of the gas went to a processing plant in the last 12 monthsShare of SPANISH TRAIL 3332H gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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
95% of the gas went to a processing plant in the last 12 monthsShare of SPANISH TRAIL 3332H gas by disposition code each month, Aug 2023 to Jul 2026. 95% 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)

    95% · 13,019 mcf

  • Lease fuel (1)

    5.0% · 680 mcf

  • Flared (4)

    0.1% · 17 mcf

0.1% 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%FromUntil
Plains Marketing, L.p.OilGathers50Nov 1, 2023–
Plains Pipeline L.p.OilGathers50Nov 1, 2023–
Enlink Gas Marketing, LPCasinghead gasBuys100Nov 1, 2023–
Enlink Permian, LLCCasinghead gasGathers100Nov 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers50Nov 1, 2018Nov 1, 2023
Enlink North Texas Gathering, LPCasinghead gasGathers50Nov 1, 2018Nov 1, 2023
Coronado Midstream LLCCasinghead gasBuys50Nov 1, 2018Nov 1, 2023
Dcp Operating Company, LPCasinghead gasBuys50Nov 1, 2018Nov 1, 2023
Enterprise Crude Oil LLCOilGathers10Nov 1, 2018Nov 1, 2023
Enterprise Crude Pipeline LLCOilGathers80Nov 1, 2018Nov 1, 2023

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

Who buys my oilOil price check

3,082.75 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for 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 3332H
API numberWell no.Acreson the permit
42-329-414843332H3,082.75

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 3332H
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264644751,0531,0000$80.46$2.89
Jun 20267067011,2441,1840$84.81$3.15
May 20267587581,2551,1940$102.13$2.94
Apr 20267317411,1501,0930$100.32$2.77
Mar 20267247131,1421,0840$91.38$3.04
Feb 20268128091,3371,2770$64.51$3.62
Jan 20267947951,3041,2390$60.04$7.72
Dec 20258158131,0499940$57.97$4.26
Nov 20257337378608120$60.06$3.79
Oct 20257867889819290$60.89$3.19
Sep 20258198151,1281,0730$63.96$2.97
Aug 20258498521,2131,14017$64.86$2.91
Jul 20257787711,1961,1400$68.39$3.20
Jun 20256726801,0429900$68.17$3.02
May 20259369361,2701,2140$62.17$3.12
Apr 20258868751,1931,14010$63.54$3.42
Mar 20254034037797520$68.24$4.12
Feb 20253013121,5291,46015$71.53$4.19
Jan 20255705703,4513,3230$75.74$4.13
Dec 20245465483,1493,0150$70.12$3.01
Nov 20246957004,3094,1520$69.95$2.12
Oct 20249058995,6875,5130$71.99$2.20
Sep 20248188294,8634,6950$70.24$2.28
Aug 20241,1421,1305,8405,6600$76.68$1.99
Jul 20249869973,0502,9360$81.80$2.07
Jun 20249959824,8374,6590$79.77$2.54
May 20248138215,4725,2457$80.02$2.12
Apr 20248968755,1654,9530$85.35$1.60
Mar 20246486674,1824,0190$81.28$1.49
Feb 20249259195,8015,5860$77.25$1.72
Jan 20249639855,9285,6960$74.15$3.18
Dec 20231,4221,4347,6427,31254$71.90$2.52
Nov 20231,7271,7159,8449,5280$77.69$2.71
Oct 20231,7551,75210,0839,7550$85.64$2.98
Sep 20231,3531,34910,0899,7510$89.43$2.64
Aug 20231,1831,1654,3014,1560$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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