Skip to content
Royalty Clerk

Texas oil lease

Producing

SPANISH TRAIL HZ UNIT

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

3 wells

198,101bbl oil, last 12 months−10% vs prior year
Operator
Cog Operating LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-51948

Is your check right?

Check my statement

Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
767,015 mcf
Oil in Jul 2026
15,084 bbl

Production by month

Oil output fell 10% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL HZ UNIT, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 198,101 bbl in the 12 months through Jul 2026, against 221,151 bbl in the 12 months before.Last 12 months: 198,101 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 10% over the last 12 monthsMonthly oil production and gas for SPANISH TRAIL HZ UNIT, Aug 2023 to Jul 2026. Oil output fell 10% over the last 12 months. 198,101 bbl in the 12 months through Jul 2026, against 221,151 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJan 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 HZ UNIT 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 HZ UNIT 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% · 727,955 mcf

  • Lease fuel (1)

    5.0% · 38,100 mcf

  • Flared (4)

    0.1% · 960 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

3 wells on this lease

Wells on SPANISH TRAIL HZ UNIT
API numberWell no.Status
42-329-43247301SHActive
42-329-43248302LHActive
42-329-43249303AHActive

SourceTexas Railroad Commission Wellbore Query.

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 gasGathers50Aug 1, 2019Nov 1, 2023
Enlink North Texas Gathering, LPCasinghead gasGathers50Aug 1, 2019Nov 1, 2023
Coronado Midstream LLCCasinghead gasBuys50Aug 1, 2019Nov 1, 2023
Dcp Operating Company, LPCasinghead gasBuys50Aug 1, 2019Nov 1, 2023
Enterprise Crude Oil LLCOilGathers10Aug 1, 2019Nov 1, 2023
Enterprise Crude Pipeline LLCOilGathers80Aug 1, 2019Nov 1, 2023

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

Who buys my oilOil price check

2,223.53 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 2,223.53 and 4,112.6 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    20 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 Spanish Trail HZ Unit
API numberWell no.Acreson the permit
42-329-43247301SH2,223.53
42-329-43248302LH2,223.53
42-329-43249303AH2,223.53
42-329-422283831H2,223.53
42-329-422293832H2,223.53
42-329-421912191H2,223.53
42-329-421922192H2,223.53
42-329-414833331H4,112.57
42-329-40265217H4,112.60
42-329-40210218WB4,112.60
42-329-40209218WA4,112.60
42-329-40195229LS4,112.60

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 HZ UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202615,08415,09264,64061,3950$80.46$2.89
Jun 202615,66815,54864,90261,7800$84.81$3.15
May 202616,69616,67466,89263,6620$102.13$2.94
Apr 202615,34115,63163,10259,9720$100.32$2.77
Mar 202616,92916,59763,36460,1290$91.38$3.04
Feb 202616,52116,45162,15659,3540$64.51$3.62
Jan 202615,84615,91764,65961,4270$60.04$7.72
Dec 202517,69117,63462,17158,9240$57.97$4.26
Nov 202515,88615,96856,94953,7870$60.06$3.79
Oct 202516,54916,57862,32659,0420$60.89$3.19
Sep 202517,16317,11165,47662,3100$63.96$2.97
Aug 202518,72718,83870,37866,173960$64.86$2.91
Jul 202518,25718,10268,93865,7040$68.39$3.20
Jun 202516,39116,48162,52559,3810$68.17$3.02
May 202519,07418,97473,74870,4840$62.17$3.12
Apr 202515,48015,80788,45784,478761$63.54$3.42
Mar 202517,79017,84097,18893,8430$68.24$4.12
Feb 202514,19614,14881,92978,266783$71.53$4.19
Jan 202516,27316,39887,48384,2430$75.74$4.13
Dec 202417,53717,44775,68272,4680$70.12$3.01
Nov 202419,15919,22682,94379,9160$69.95$2.12
Oct 202423,07722,906102,00898,8950$71.99$2.20
Sep 202420,71720,80186,59383,6020$70.24$2.28
Aug 202423,20023,057100,63497,5320$76.68$1.99
Jul 202423,78523,87784,75281,5800$81.80$2.07
Jun 202419,93819,88480,69177,7220$79.77$2.54
May 202422,04822,20975,37472,25590$80.02$2.12
Apr 202423,01522,65772,07669,1190$85.35$1.60
Mar 202423,55023,79180,21877,0990$81.28$1.49
Feb 202421,64521,46876,79973,9470$77.25$1.72
Jan 202421,68421,96076,87573,8620$74.15$3.18
Dec 202325,68625,71681,74078,209577$71.90$2.52
Nov 202325,85825,68287,40984,6020$77.69$2.71
Oct 202326,46326,59790,08287,1500$85.64$2.98
Sep 202325,39425,44983,60380,7990$89.43$2.64
Aug 202325,72425,58590,80087,7360$81.39$2.58

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorCog Operating LLCFieldSpraberry (Trend Area)CountyMidland County

Cog Operating LLC in Midland County

All Cog Operating LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km