COWDEN 39-03 EAST UNIT
COWDEN 39-03 EAST UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Xto Energy Inc. It has 9 wellbores on file with the Commission. Reported production runs from September 2023 to August 2026, totalling 3,014,453 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $1.8M, with roughly $567K expected over the next twelve months.
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 61416 |
| Wellbores | 9 |
| Reported production | 3,014,453 bbl |
| First reported | September 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $1.8M |
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.