COWBOY JOE 33-45 B
COWBOY JOE 33-45 B is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Birch Operations, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2022 to August 2026, totalling 325,194 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 $5.1M, with roughly $1.5M 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 2,273 barrels a month. Its strongest month on the record we hold was July 2022, at 28,683 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 COWBOY JOE 33-45 B
- Who operates COWBOY JOE 33-45 B?
- COWBOY JOE 33-45 B is operated by Birch Operations, Inc., Railroad Commission of Texas operator number 071331.
- Where is COWBOY JOE 33-45 B?
- COWBOY JOE 33-45 B is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 57067.
- Is COWBOY JOE 33-45 B still producing?
- COWBOY JOE 33-45 B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWBOY JOE 33-45 B is August 2026.
- How much has COWBOY JOE 33-45 B produced?
- COWBOY JOE 33-45 B has reported 325,194 barrels of oil (bbl) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is COWBOY JOE 33-45 B worth?
- The remaining production from COWBOY JOE 33-45 B is estimated to be worth about $5.1M in total as of 26 August 2026, within a range of $4.2M to $6.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWBOY JOE 33-45 B is a fraction of it. The estimate fits an Arps decline curve to the production COWBOY JOE 33-45 B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWBOY JOE 33-45 B is an estimate of value, not an offer and not an appraisal.
- How much income does COWBOY JOE 33-45 B generate in a year?
- COWBOY JOE 33-45 B is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COWBOY JOE 33-45 B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Birch Operations, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 57067 |
| Wellbores | 1 |
| Reported production | 325,194 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.1M |
Where COWBOY JOE 33-45 B 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.