COWDEN 10
COWDEN 10 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Apache Corporation. It has 3 wellbores on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 245,273 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 $1.0M, with roughly $209K 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 314 barrels a month, about 105 per wellbore. Its strongest month on the record we hold was June 2016, at 2,635 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 COWDEN 10
- Who operates COWDEN 10?
- COWDEN 10 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is COWDEN 10?
- COWDEN 10 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44518.
- Is COWDEN 10 still producing?
- COWDEN 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWDEN 10 is August 2026.
- How much has COWDEN 10 produced?
- COWDEN 10 has reported 245,273 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 3 wellbores.
- How much is COWDEN 10 worth?
- The remaining production from COWDEN 10 is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $781K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWDEN 10 is a fraction of it. The estimate fits an Arps decline curve to the production COWDEN 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWDEN 10 is an estimate of value, not an offer and not an appraisal.
- How much income does COWDEN 10 generate in a year?
- COWDEN 10 is forecast to net about $209K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COWDEN 10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Mcelroy |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 44518 |
| Wellbores | 3 |
| Reported production | 245,273 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where COWDEN 10 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.