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Texas oil lease

Producing

TXL HOLZGRAF Z5

TXL Holzgraf Z5 is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field.

1 well

28,674bbl oil, last 12 months−26% vs prior year
Operator
Cog Operating LLC
County
Midland County
Field
Pegasus (Consolidated)
RRC lease
7C-21453

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
288,084 mcf
Oil in Jul 2026
1,963 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.

See why checks stop on this lease

Production by month

Oil output fell 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for TXL HOLZGRAF Z5, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 28,674 bbl in the 12 months through Jul 2026, against 38,633 bbl in the 12 months before.Last 12 months: 28,674 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for TXL HOLZGRAF Z5, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 28,674 bbl in the 12 months through Jul 2026, against 38,633 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040k10k50kJan 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 Z5 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 Z5 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% · 275,428 mcf

  • Lease fuel (1)

    4.3% · 12,422 mcf

  • Flared (4)

    0.1% · 234 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 Z5
API numberWell no.Status
42-329-446112304BHActive

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 gasGathers100Aug 28, 2021Feb 1, 2025
Energy Transfer CompanyCasinghead gasBuys100Aug 28, 2021Feb 1, 2025
Nustar Permian Trans and Stg,llcOilGathers100Aug 28, 2021Feb 1, 2025

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

Who buys my oilOil price check

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 Z5
API numberWell no.Acreson the permit
42-329-446112304BH1,302.20

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 TXL HOLZGRAF Z5
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,9631,97819,16118,3130$80.46$2.89
Jun 20262,2032,20721,47920,47668$84.81$3.15
May 20262,3422,33220,14019,2130$102.13$2.94
Apr 20262,3902,39721,26320,2740$100.32$2.77
Mar 20262,3462,28519,51518,5900$91.38$3.04
Feb 20268759335,2134,95616$64.51$3.62
Jan 20262,5682,56931,29429,8420$60.04$7.72
Dec 20252,5912,64331,54330,1500$57.97$4.26
Nov 20252,7192,64833,09431,7210$60.06$3.79
Oct 20253,0973,09929,53928,223150$60.89$3.19
Sep 20252,8852,88426,20025,1590$63.96$2.97
Aug 20252,6952,69929,64328,5110$64.86$2.91
Jul 20252,8232,81824,40223,30389$68.39$3.20
Jun 20252,7522,77317,97917,13192$68.17$3.02
May 20252,9542,92515,08614,4670$62.17$3.12
Apr 20253,1533,22512,70712,1790$63.54$3.42
Mar 20253,7303,71618,58017,7120$68.24$4.12
Feb 20252,2212,27411,30510,7970$71.53$4.19
Jan 20253,3553,29323,07222,1150$75.74$4.13
Dec 20243,9874,05441,95640,4280$70.12$3.01
Nov 20243,5553,54834,48633,2890$69.95$2.12
Oct 20243,2683,23529,95528,8830$71.99$2.20
Sep 20243,3713,37216,89916,3250$70.24$2.28
Aug 20243,4643,45617,20616,5730$76.68$1.99
Jul 20243,7143,71617,76517,1110$81.80$2.07
Jun 20243,9383,93317,73717,1280$79.77$2.54
May 20243,8433,84417,16016,5340$80.02$2.12
Apr 20244,3404,37117,23516,6420$85.35$1.60
Mar 20245,4595,40611,85811,4380$81.28$1.49
Feb 20243,5003,5079,8369,4740$77.25$1.72
Jan 20243,8413,8249,7859,4210$74.15$3.18
Dec 20234,3024,3099,2128,8790$71.90$2.52
Nov 20234,3644,3158,9678,6370$77.69$2.71
Oct 20232,6482,6424,4704,28120$85.64$2.98
Sep 20231,5411,5015,2755,0750$89.43$2.64
Aug 20233403308968600$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 LLCFieldPegasus (Consolidated)CountyMidland County

Cog Operating LLC in Midland County

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Pegasus (Consolidated) field

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