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Producing

TXL HOLZGRAF Z3

TXL Holzgraf Z3 is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field.

1 well

25,928bbl oil, last 12 months−19% vs prior year
RRC lease
7C-21450

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
57,619 mcf
Oil in Jul 2026
1,804 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: TARGA PL MID-CONT WESTTEX LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Feb 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for TXL HOLZGRAF Z3, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 25,928 bbl in the 12 months through Jul 2026, against 31,915 bbl in the 12 months before.Last 12 months: 25,928 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for TXL HOLZGRAF Z3, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 25,928 bbl in the 12 months through Jul 2026, against 31,915 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020k10k25kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

96% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
96% of the gas went to a processing plant in the last 12 monthsShare of TXL HOLZGRAF Z3 gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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
96% of the gas went to a processing plant in the last 12 monthsShare of TXL HOLZGRAF Z3 gas by disposition code each month, Aug 2023 to Jul 2026. 96% 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)

    96% · 55,076 mcf

  • Lease fuel (1)

    4.3% · 2,488 mcf

  • Flared (4)

    0.1% · 55 mcf

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

1 well on this lease

Wells on TXL HOLZGRAF Z3
API numberWell no.Status
42-329-446132306LHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Et Gathering & Processing LLCOilGathers100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Feb 1, 2025–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Feb 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Apr 1, 2021Feb 1, 2025
Energy Transfer CompanyCasinghead gasBuys100Apr 1, 2021Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers100Apr 1, 2021Feb 1, 2025

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

1,302.20 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 TXL Holzgraf Z3
API numberWell no.Acreson the permit
42-329-446132306LH1,302.20

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 TXL HOLZGRAF Z3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,8041,8214,8594,6440$80.46$2.89
Jun 20262,0992,1054,6994,47915$84.81$3.15
May 20262,2932,2613,4813,3210$102.13$2.94
Apr 20261,7051,7252,9202,7840$100.32$2.77
Mar 20262,0732,0674,9104,6770$91.38$3.04
Feb 20262,0972,0973,6643,48411$64.51$3.62
Jan 20262,1482,1545,9725,6950$60.04$7.72
Dec 20252,3092,3324,3864,1920$57.97$4.26
Nov 20251,9931,9474,4894,3030$60.06$3.79
Oct 20252,5372,5375,6895,43529$60.89$3.19
Sep 20252,3142,3246,1485,9040$63.96$2.97
Aug 20252,5562,5576,4026,1580$64.86$2.91
Jul 20252,5632,5598,3637,98631$68.39$3.20
Jun 20252,4922,5095,8815,60430$68.17$3.02
May 20252,6262,6003,2943,1590$62.17$3.12
Apr 20252,7712,8212,5252,4200$63.54$3.42
Mar 20252,9312,9664,2644,0650$68.24$4.12
Feb 20252,5992,5853,7423,5740$71.53$4.19
Jan 20252,4502,35620,78119,9190$75.74$4.13
Dec 20241,1681,2304,1043,9550$70.12$3.01
Nov 20241,8921,9777,8067,5350$69.95$2.12
Oct 20243,4293,38614,19513,6870$71.99$2.20
Sep 20243,3373,3476,2706,0570$70.24$2.28
Aug 20243,6573,6908,6048,2870$76.68$1.99
Jul 20245,0675,06910,2349,8570$81.80$2.07
Jun 20245,3575,34610,2449,8930$79.77$2.54
May 20245,0865,1009,6139,2620$80.02$2.12
Apr 20246,1816,0519,3399,0170$85.35$1.60
Mar 20241,8671,9424,0613,9170$81.28$1.49
Feb 20244,2174,2348,9458,6160$77.25$1.72
Jan 20244,8944,8749,4379,0860$74.15$3.18
Dec 20235,5945,5988,9288,6050$71.90$2.52
Nov 20235,4145,3897,6827,4000$77.69$2.71
Oct 20235,0274,9746,2355,97228$85.64$2.98
Sep 20231,6061,5584,1684,0100$89.43$2.64
Aug 20231571523,1483,0230$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

Cog Operating LLC in Midland County

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Pegasus (Consolidated) field

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