COWAN-MCKINNEY UNIT
COWAN-MCKINNEY UNIT is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Anderson Oil & Gas Account. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 113,634 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 $652K, with roughly $125K 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 177 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was August 2018, at 666 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 COWAN-MCKINNEY UNIT
- Who operates COWAN-MCKINNEY UNIT?
- COWAN-MCKINNEY UNIT is operated by Anderson Oil & Gas Account, Railroad Commission of Texas operator number 022490.
- Where is COWAN-MCKINNEY UNIT?
- COWAN-MCKINNEY UNIT is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 15582.
- Is COWAN-MCKINNEY UNIT still producing?
- COWAN-MCKINNEY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWAN-MCKINNEY UNIT is August 2026.
- How much has COWAN-MCKINNEY UNIT produced?
- COWAN-MCKINNEY UNIT has reported 113,634 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is COWAN-MCKINNEY UNIT worth?
- The remaining production from COWAN-MCKINNEY UNIT is estimated to be worth about $652K in total as of 27 August 2026, within a range of $508K to $795K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWAN-MCKINNEY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COWAN-MCKINNEY UNIT 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 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COWAN-MCKINNEY UNIT generate in a year?
- COWAN-MCKINNEY UNIT is forecast to net about $125K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COWAN-MCKINNEY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anderson Oil & Gas Account |
|---|---|
| Field | Herb (Caddo) |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 15582 |
| Wellbores | 9 |
| Reported production | 113,634 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $652K |
Where COWAN-MCKINNEY UNIT 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.