COWAN-MCKINNEY
COWAN-MCKINNEY is a Texas oil lease in Archer County, Railroad Commission district 09, operated by I & L Development Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,127 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 $131K, with roughly $25K 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 37 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was May 2023, at 117 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 COWAN-MCKINNEY
- Who operates COWAN-MCKINNEY?
- COWAN-MCKINNEY is operated by I & L Development Co., Railroad Commission of Texas operator number 421620.
- Where is COWAN-MCKINNEY?
- COWAN-MCKINNEY is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 17446.
- Is COWAN-MCKINNEY still producing?
- COWAN-MCKINNEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWAN-MCKINNEY is August 2026.
- How much has COWAN-MCKINNEY produced?
- COWAN-MCKINNEY has reported 10,127 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is COWAN-MCKINNEY worth?
- The remaining production from COWAN-MCKINNEY is estimated to be worth about $131K in total as of 26 August 2026, within a range of $72K to $190K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWAN-MCKINNEY is a fraction of it. The estimate fits an Arps decline curve to the production COWAN-MCKINNEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWAN-MCKINNEY is an estimate of value, not an offer and not an appraisal.
- How much income does COWAN-MCKINNEY generate in a year?
- COWAN-MCKINNEY is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COWAN-MCKINNEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | I & L Development Co. |
|---|---|
| Field | Oltex (Canyon, Lower) |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 17446 |
| Wellbores | 2 |
| Reported production | 10,127 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $131K |
Where COWAN-MCKINNEY 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.