OWL DRAW 12 UNIT I
OWL DRAW 12 UNIT I is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Coterra Energy Operating Co. It has 1 wellbore on file with the Commission. Reported production runs from January 2026 to August 2026, totalling 424,140 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $5.0M, with roughly $4.7M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 93,326 thousand cubic feet a month. Its strongest month on the record we hold was February 2026, at 118,586 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about OWL DRAW 12 UNIT I
- Who operates OWL DRAW 12 UNIT I?
- OWL DRAW 12 UNIT I is operated by Coterra Energy Operating Co., Railroad Commission of Texas operator number 103285.
- Where is OWL DRAW 12 UNIT I?
- OWL DRAW 12 UNIT I is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 301532.
- Is OWL DRAW 12 UNIT I still producing?
- OWL DRAW 12 UNIT I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWL DRAW 12 UNIT I is August 2026.
- How much has OWL DRAW 12 UNIT I produced?
- OWL DRAW 12 UNIT I has reported 424,140 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2026 and August 2026, from 1 wellbore.
- How much is OWL DRAW 12 UNIT I worth?
- The remaining production from OWL DRAW 12 UNIT I is estimated to be worth about $5.0M in total as of 26 August 2026, within a range of $4.1M to $5.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWL DRAW 12 UNIT I is a fraction of it. The estimate fits an Arps decline curve to the production OWL DRAW 12 UNIT I has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWL DRAW 12 UNIT I is an estimate of value, not an offer and not an appraisal.
- How much income does OWL DRAW 12 UNIT I generate in a year?
- OWL DRAW 12 UNIT I is forecast to net about $4.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OWL DRAW 12 UNIT I receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Coterra Energy Operating Co. |
|---|---|
| Field | Derby (Bone Spring) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 301532 |
| Wellbores | 1 |
| Reported production | 424,140 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.0M |
Where OWL DRAW 12 UNIT I sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.