CONNELL COWDEN 48
CONNELL COWDEN 48 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Apache Corporation. It has 11 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 921,091 barrels. 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 $7.8M, with roughly $1.8M 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 1,810 barrels a month, about 165 per wellbore. Its strongest month on the record we hold was October 2018, at 53,627 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CONNELL COWDEN 48
- Who operates CONNELL COWDEN 48?
- CONNELL COWDEN 48 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is CONNELL COWDEN 48?
- CONNELL COWDEN 48 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17398.
- Is CONNELL COWDEN 48 still producing?
- CONNELL COWDEN 48 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONNELL COWDEN 48 is August 2026.
- How much has CONNELL COWDEN 48 produced?
- CONNELL COWDEN 48 has reported 921,091 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 11 wellbores.
- How much is CONNELL COWDEN 48 worth?
- The remaining production from CONNELL COWDEN 48 is estimated to be worth about $7.8M in total as of 26 August 2026, within a range of $6.5M to $9.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONNELL COWDEN 48 is a fraction of it. The estimate fits an Arps decline curve to the production CONNELL COWDEN 48 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONNELL COWDEN 48 is an estimate of value, not an offer and not an appraisal.
- How much income does CONNELL COWDEN 48 generate in a year?
- CONNELL COWDEN 48 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONNELL COWDEN 48 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17398 |
| Wellbores | 11 |
| Reported production | 921,091 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.8M |
Where CONNELL COWDEN 48 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.