Texas oil lease

Producing

TXL STATE R A4

Name: TXL STATE R A4 monthly oil and gas production, Midland County, Texas
Creator: Texas Railroad Commission

TXL State R A4 is an oil lease in Midland County, Texas, operated by Cog Operating LLC in the Spraberry (Trend Area) field.

1 well

4,062bbl oil, last 12 months−37% vs prior year

Operator: Cog Operating LLC
County: Midland County
Field: Spraberry (Trend Area)
RRC lease: 08-52733

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Where it sits

This county

Midland County

Gas, last 12 months: 346,517 mcf
Oil in Jul 2026: 336 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 37% over the last 12 months

Oil (bars)
Gas (line)
Last 12 months

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)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Processing plant (3)
97% · 337,180 mcf
Lease fuel (1)
2.6% · 9,093 mcf
Flared (4)
0.1% · 244 mcf

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

1 well on this lease

Wells on TXL STATE R A4
API number	Well no.	Status
42-329-42931	302BH	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From	Until
Et Gathering & Processing LLC	Oil	Gathers	100	Feb 1, 2025	–
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Buys	100	Feb 1, 2025	–
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Gathers	100	Feb 1, 2025	–
Energy Transfer Company	Casinghead gas	Gathers	100	Aug 5, 2019	Feb 1, 2025
Energy Transfer Company	Casinghead gas	Buys	100	Aug 5, 2019	Feb 1, 2025
Nustar Permian Trans and Stg,llc	Oil	Gathers	100	Aug 5, 2019	Feb 1, 2025

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

Who buys my oil Oil price check

650.60 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 State R A4
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-329-42931	302BH	Oct 19, 2018	Aug 5, 2019	650.60	Horizontal, allocation

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
Quarter	Oil$ per bbl	Gas$ per mcf	Gas liquids$ per bbl	Filing
Q2 2026	$99.40	$2.58	$24.54	SEC filing
Q1 2026	$73.47	$4.09	$20.42	SEC filing
Q3 2025	$66.13	$4.28	$19.20	SEC filing
Q2 2025	$64.23	$4.16	$20.98	SEC filing
Q1 2025	$71.65	$5.62	$25.40	SEC filing
Q3 2024	$76.77	$4.42	$21.93	SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for TXL STATE R A4
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	336	333	28,981	28,324	0	$80.46	$2.89
Jun 2026	241	237	27,657	27,021	0	$84.81	$3.15
May 2026	93	100	26,623	25,941	0	$102.13	$2.94
Apr 2026	261	262	29,693	28,988	0	$100.32	$2.77
Mar 2026	323	323	30,476	29,623	0	$91.38	$3.04
Feb 2026	361	363	25,318	24,637	0	$64.51	$3.62
Jan 2026	369	374	27,907	27,076	0	$60.04	$7.72
Dec 2025	570	562	30,380	29,536	0	$57.97	$4.26
Nov 2025	370	375	29,922	29,002	131	$60.06	$3.79
Oct 2025	536	530	31,856	31,059	0	$60.89	$3.19
Sep 2025	272	272	27,749	26,824	113	$63.96	$2.97
Aug 2025	330	330	29,955	29,149	0	$64.86	$2.91
Jul 2025	414	414	29,966	28,989	336	$68.39	$3.20
Jun 2025	290	288	23,374	22,807	98	$68.17	$3.02
May 2025	254	257	24,205	23,659	0	$62.17	$3.12
Apr 2025	278	279	22,446	21,953	0	$63.54	$3.42
Mar 2025	380	385	25,597	25,059	0	$68.24	$4.12
Feb 2025	366	366	17,761	17,398	0	$71.53	$4.19
Jan 2025	473	485	27,662	27,074	0	$75.74	$4.13
Dec 2024	898	906	33,861	33,160	0	$70.12	$3.01
Nov 2024	923	917	22,597	22,087	0	$69.95	$2.12
Oct 2024	948	934	17,811	17,426	0	$71.99	$2.20
Sep 2024	519	526	11,111	10,867	0	$70.24	$2.28
Aug 2024	737	724	15,761	15,448	0	$76.68	$1.99
Jul 2024	623	622	22,791	22,356	0	$81.80	$2.07
Jun 2024	431	433	19,883	19,492	0	$79.77	$2.54
May 2024	602	601	22,311	21,853	0	$80.02	$2.12
Apr 2024	591	591	26,725	26,175	0	$85.35	$1.60
Mar 2024	631	631	28,500	27,906	0	$81.28	$1.49
Feb 2024	774	775	21,822	21,377	0	$77.25	$1.72
Jan 2024	784	780	20,640	20,195	0	$74.15	$3.18
Dec 2023	792	790	21,672	21,186	0	$71.90	$2.52
Nov 2023	527	530	16,837	16,456	0	$77.69	$2.71
Oct 2023	662	659	17,181	16,732	58	$85.64	$2.98
Sep 2023	491	488	15,175	14,762	0	$89.43	$2.64
Aug 2023	443	447	17,624	17,161	0	$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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