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Producing

VIRGIL POWELL B3

Virgil Powell B3 is an oil lease in Upton County, Texas, operated by Cog Operating LLC in the Pegasus (Consolidated) field.

1 well

22,101bbl oil, last 12 months−31% vs prior year
Operator
Cog Operating LLC
County
Upton County
Field
Pegasus (Consolidated)
RRC lease
7C-21574

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
183,460 mcf
Oil in Jul 2026
1,047 bbl

Production by month

Oil output fell 31% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for VIRGIL POWELL B3, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 22,101 bbl in the 12 months through Jul 2026, against 32,133 bbl in the 12 months before.Last 12 months: 22,101 bblbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 31% over the last 12 monthsMonthly oil production and gas for VIRGIL POWELL B3, Aug 2023 to Jul 2026. Oil output fell 31% over the last 12 months. 22,101 bbl in the 12 months through Jul 2026, against 32,133 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00010k4,00020k6,00030k8,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Processing plant (3)
  • Flared (4)
All of the gas went to a processing plant in the last 12 monthsShare of VIRGIL POWELL B3 gas by disposition code each month, Aug 2023 to Jul 2026. All 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
All of the gas went to a processing plant in the last 12 monthsShare of VIRGIL POWELL B3 gas by disposition code each month, Aug 2023 to Jul 2026. All 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)

    100% · 183,449 mcf

  • Flared (4)

    0.0% · 11 mcf

1 well on this lease

Wells on VIRGIL POWELL B3
API numberWell no.Status
42-461-416054818LHActive

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 gasBuys100Aug 5, 2021–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 5, 2021–
Nustar Permian Trans and Stg,llcOilGathers100Aug 5, 2021Feb 1, 2025

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

Who buys my oilOil price check

12,356.50 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 Virgil Powell B3
API numberWell no.Acreson the permit
42-461-416054818LH12,356.50

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 VIRGIL POWELL B3
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,0471,06813,16313,1630$80.46$2.89
Jun 20261,8721,86913,58613,57511$84.81$3.15
May 20262,1752,17316,86116,8610$102.13$2.94
Apr 20262,1072,10714,74214,7420$100.32$2.77
Mar 20262,1862,17715,11515,1150$91.38$3.04
Feb 20261,8401,85015,65715,6570$64.51$3.62
Jan 20262,1102,07518,90818,9080$60.04$7.72
Dec 20258048208,3498,3490$57.97$4.26
Nov 20251,6281,63611,58611,5860$60.06$3.79
Oct 20252,2502,24116,17116,1710$60.89$3.19
Sep 20251,9591,97222,09322,0930$63.96$2.97
Aug 20252,1232,10717,22917,2290$64.86$2.91
Jul 20252,3212,30819,35619,3560$68.39$3.20
Jun 20251,9671,96016,52416,5240$68.17$3.02
May 20252,1182,11417,63817,6380$62.17$3.12
Apr 20252,3292,36117,29917,2990$63.54$3.42
Mar 20252,4812,45419,18719,1870$68.24$4.12
Feb 20252,4232,42619,50119,5010$71.53$4.19
Jan 20252,6322,62324,98624,9860$75.74$4.13
Dec 20242,7882,78626,33026,3300$70.12$3.01
Nov 20242,7692,77229,24728,684563$69.95$2.12
Oct 20243,1583,17532,19732,1970$71.99$2.20
Sep 20243,4963,50731,39831,3980$70.24$2.28
Aug 20243,6513,74229,10128,876225$76.68$1.99
Jul 20244,2754,25721,91721,9170$81.80$2.07
Jun 20243,7183,68422,83322,8330$79.77$2.54
May 20244,2794,26522,76722,7670$80.02$2.12
Apr 20244,7834,84622,58722,5870$85.35$1.60
Mar 20245,3095,23919,10119,1010$81.28$1.49
Feb 20242,4292,4154,2614,2610$77.25$1.72
Jan 20241,6761,7707,1857,1850$74.15$3.18
Dec 20234,3304,30217,30517,3050$71.90$2.52
Nov 20234,5394,53816,85016,8500$77.69$2.71
Oct 20234,6814,61017,10217,1020$85.64$2.98
Sep 20234,9554,96117,85917,8590$89.43$2.64
Aug 20234,8144,80419,79919,7990$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)CountyUpton County

Cog Operating LLC in Upton County

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Pegasus (Consolidated) field

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