DEAN
DEAN is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Cove Petroleum Corporation. It has 2 wellbores on file with the Commission. Reported production runs from March 2009 to August 2026, totalling 53,410 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 $776K, with roughly $148K 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 208 barrels a month, about 104 per wellbore. Its strongest month on the record we hold was December 2024, at 346 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 DEAN
- Who operates DEAN?
- DEAN is operated by Cove Petroleum Corporation, Railroad Commission of Texas operator number 182787.
- Where is DEAN?
- DEAN is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69363.
- Is DEAN still producing?
- DEAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEAN is August 2026.
- How much has DEAN produced?
- DEAN has reported 53,410 barrels of oil (bbl) to the Railroad Commission of Texas between March 2009 and August 2026, from 2 wellbores.
- How much is DEAN worth?
- The remaining production from DEAN is estimated to be worth about $776K in total as of 26 August 2026, within a range of $605K to $947K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEAN is a fraction of it. The estimate fits an Arps decline curve to the production DEAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEAN is an estimate of value, not an offer and not an appraisal.
- How much income does DEAN generate in a year?
- DEAN is forecast to net about $148K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DEAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cove Petroleum Corporation |
|---|---|
| Field | Slaughter |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 69363 |
| Wellbores | 2 |
| Reported production | 53,410 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $776K |
Where DEAN 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.