MCCOWEN 150
MCCOWEN 150 is a Texas oil lease in Scurry County, Railroad Commission district 08, operated by King Operating Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 2014 to August 2026, totalling 22,776 barrels. The lease is intermittent. 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 $331K, with roughly $64K 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 114 barrels a month. Its strongest month on the record we hold was May 2017, at 395 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MCCOWEN 150
- Who operates MCCOWEN 150?
- MCCOWEN 150 is operated by King Operating Corporation, Railroad Commission of Texas operator number 465296.
- Where is MCCOWEN 150?
- MCCOWEN 150 is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47903.
- Is MCCOWEN 150 still producing?
- MCCOWEN 150 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MCCOWEN 150 is August 2026.
- How much has MCCOWEN 150 produced?
- MCCOWEN 150 has reported 22,776 barrels of oil (bbl) to the Railroad Commission of Texas between November 2014 and August 2026, from 1 wellbore.
- How much is MCCOWEN 150 worth?
- The remaining production from MCCOWEN 150 is estimated to be worth about $331K in total as of 26 August 2026, within a range of $258K to $404K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCOWEN 150 is a fraction of it. The estimate fits an Arps decline curve to the production MCCOWEN 150 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCOWEN 150 is an estimate of value, not an offer and not an appraisal.
- How much income does MCCOWEN 150 generate in a year?
- MCCOWEN 150 is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCOWEN 150 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | King Operating Corporation |
|---|---|
| Field | Garden City, S. (Wolfcamp) |
| County | Scurry County, Texas |
| RRC district | 08 |
| Lease number | 47903 |
| Wellbores | 1 |
| Reported production | 22,776 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $331K |
Where MCCOWEN 150 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.