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Texas oil lease

Producing

TXL "JJ"

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

1 well

516bbl oil, last 12 months+138% vs prior year
RRC lease
7C-17158

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
2,111 mcf
Oil in Jul 2026
30 bbl

Production by month

Oil output rose 138% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 138% over the last 12 monthsMonthly oil production and gas for TXL "JJ", Aug 2023 to Jul 2026. Oil output rose 138% over the last 12 months. 516 bbl in the 12 months through Jul 2026, against 217 bbl in the 12 months before.Last 12 months: 516 bblbbl per monthmcf per month00251005020075300100400125500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 138% over the last 12 monthsMonthly oil production and gas for TXL "JJ", Aug 2023 to Jul 2026. Oil output rose 138% over the last 12 months. 516 bbl in the 12 months through Jul 2026, against 217 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00251005020075300100400125500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2024 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Dec 2024 the lease's gas goes to a processing plant instead of lease fuelShare of TXL "JJ" gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2024: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2024 the lease's gas goes to a processing plant instead of lease fuelShare of TXL "JJ" gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2024 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Dec 24: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on TXL "JJ"
API numberWell no.Status
42-329-32466404Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oasis Transp & Marketing Corp.OilGathers100Dec 1, 2020–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2014Dec 1, 2020
Energy Transfer CompanyCasinghead gasBuys100Aug 1, 2014Dec 1, 2020
Bridger Transportation, LLCOilGathers100Aug 1, 2014Dec 1, 2020

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

160 acres on the newest permit

A pooling certificate was filed

The wells on this lease state different acreage

The permits state between 80 and 160 acres.

Permits for TXL "JJ"
API numberWell no.Acreson the permit
42-329-32466404160
42-329-3222340380

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 "JJ"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263002112110$80.46$2.89
Jun 202642079790$84.81$3.15
May 20263501571570$102.13$2.94
Apr 20264802142140$100.32$2.77
Mar 2026361952392390$91.38$3.04
Feb 20266401951950$64.51$3.62
Jan 20264002132130$60.04$7.72
Dec 20254102702700$57.97$4.26
Nov 202511719386860$60.06$3.79
Oct 20251501171170$60.89$3.19
Sep 20252201711710$63.96$2.97
Aug 20252601591590$64.86$2.91
Jul 20252301361360$68.39$3.20
Jun 202511082820$68.17$3.02
May 20253401631630$62.17$3.12
Apr 2025130110$63.54$3.42
Mar 2025901111110$68.24$4.12
Feb 202500000$71.53$4.19
Jan 202500000$75.74$4.13
Dec 20242915985660$70.12$3.01
Nov 2024004800$69.95$2.12
Oct 202420095450$71.99$2.20
Sep 20244201511030$70.24$2.28
Aug 20243601581080$76.68$1.99
Jul 20242601741240$81.80$2.07
Jun 2024001781300$79.77$2.54
May 202411691411120$80.02$2.12
Apr 2024631612231750$85.35$1.60
Mar 20245203673170$81.28$1.49
Feb 20245202331870$77.25$1.72
Jan 20246402732230$74.15$3.18
Dec 20236802251750$71.90$2.52
Nov 2023701832151670$77.69$2.71
Oct 20235102411910$85.64$2.98
Sep 20235502041560$89.43$2.64
Aug 2023571732281780$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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Nearby

Pegasus (Consolidated) field

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