COWAN & MCKINNEY -X-
COWAN & MCKINNEY -X- is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Bluebonnet Land & Cattle Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 29,746 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 $180K, with roughly $35K 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 50 barrels a month. Its strongest month on the record we hold was January 2020, at 180 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 -X-
- Who operates COWAN & MCKINNEY -X-?
- COWAN & MCKINNEY -X- is operated by Bluebonnet Land & Cattle Co., Railroad Commission of Texas operator number 076837.
- Where is COWAN & MCKINNEY -X-?
- COWAN & MCKINNEY -X- is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 18482.
- Is COWAN & MCKINNEY -X- still producing?
- COWAN & MCKINNEY -X- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWAN & MCKINNEY -X- is August 2026.
- How much has COWAN & MCKINNEY -X- produced?
- COWAN & MCKINNEY -X- has reported 29,746 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is COWAN & MCKINNEY -X- worth?
- The remaining production from COWAN & MCKINNEY -X- is estimated to be worth about $180K in total as of 27 August 2026, within a range of $99K to $261K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWAN & MCKINNEY -X- is a fraction of it. The estimate fits an Arps decline curve to the production COWAN & MCKINNEY -X- 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 -X- is an estimate of value, not an offer and not an appraisal.
- How much income does COWAN & MCKINNEY -X- generate in a year?
- COWAN & MCKINNEY -X- is forecast to net about $35K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COWAN & MCKINNEY -X- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bluebonnet Land & Cattle Co. |
|---|---|
| Field | Anarene, E. (Caddo) |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 18482 |
| Wellbores | 1 |
| Reported production | 29,746 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $180K |
Where COWAN & MCKINNEY -X- 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.