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Texas oil lease

Producing

TXL "23"

TXL "23" is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

5 wells

6,006bbl oil, last 12 months−21% vs prior year
RRC lease
7C-17805

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
32,968 mcf
Oil in Jul 2026
1,047 bbl

Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for TXL "23", Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 6,006 bbl in the 12 months through Jul 2026, against 7,632 bbl in the 12 months before.Last 12 months: 6,006 bblbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production and gas for TXL "23", Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 6,006 bbl in the 12 months through Jul 2026, against 7,632 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002501,0005002,0007503,0001,0004,0001,2505,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

97% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
97% of the gas went to a processing plant in the last 12 monthsShare of TXL "23" gas by disposition code each month, Aug 2023 to Jul 2026. 97% 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
97% of the gas went to a processing plant in the last 12 monthsShare of TXL "23" gas by disposition code each month, Aug 2023 to Jul 2026. 97% 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)

    97% · 32,133 mcf

  • Lease fuel (1)

    2.5% · 835 mcf

5 wells on this lease

Wells on TXL "23"
API numberWell no.Status
42-461-376546Shut-in
42-461-379697Shut-in
42-461-380693Active
42-461-3841711Active
42-461-384662Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Mv Purchasing, LLCOilGathers100Jun 1, 2026–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Enterprise Crude Pipeline LLCOilGathers100Feb 22, 2012Jun 1, 2026

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

320.60 acres on the newest permit

Permits for TXL "23"
API numberWell no.Acreson the permit
42-461-384662320.60
42-461-3841711320.60
42-461-380693320.60
42-461-379697320.60
42-461-376546320.60

SourceRailroad Commission drilling permits, Sep 26, 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 TXL "23"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,0476123,8373,7660$80.46$2.89
Jun 20265313942,3342,2650$84.81$3.15
May 20262683621,8311,7600$102.13$2.94
Apr 20263863582,2052,1360$100.32$2.77
Mar 20263843681,8391,7680$91.38$3.04
Feb 20265439072,8262,7640$64.51$3.62
Jan 20266967673,3263,2550$60.04$7.72
Dec 20256011832,6102,5390$57.97$4.26
Nov 20252833732,2212,1520$60.06$3.79
Oct 20255445553,4323,3610$60.89$3.19
Sep 20253381813,1203,0510$63.96$2.97
Aug 20253853633,3873,3160$64.86$2.91
Jul 20255699103,1993,1280$68.39$3.20
Jun 20256013723,7103,6410$68.17$3.02
May 20252481803,7923,7210$62.17$3.12
Apr 20254465502,9492,8800$63.54$3.42
Mar 20257407633,6193,5480$68.24$4.12
Feb 20257665653,3893,3270$71.53$4.19
Jan 20255457523,0713,0000$75.74$4.13
Dec 20247779263,4093,3380$70.12$3.01
Nov 20248177333,6933,6240$69.95$2.12
Oct 20246027383,3763,3050$71.99$2.20
Sep 20247257243,7013,6320$70.24$2.28
Aug 20247967353,9713,9000$76.68$1.99
Jul 20247537263,7853,7140$81.80$2.07
Jun 20247227383,6523,5830$79.77$2.54
May 2024873728000$80.02$2.12
Apr 20247461,0923,9633,8940$85.35$1.60
Mar 20249136934,0153,9440$81.28$1.49
Feb 20249346923,8223,7550$77.25$1.72
Jan 20247788932,8412,7700$74.15$3.18
Dec 20233995332,4922,4210$71.90$2.52
Nov 20237245543,0593,0010$77.69$2.71
Oct 20237967203,2343,11258$85.64$2.98
Sep 20234305392,7542,6850$89.43$2.64
Aug 20234736962,8672,7960$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Cog Operating LLC in Upton County

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