COWDEN 36
COWDEN 36 is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Boaz Energy II Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 112,260 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 $799K, with roughly $229K 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 339 barrels a month, about 170 per wellbore. Its strongest month on the record we hold was September 2018, at 3,968 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 36
- Who operates COWDEN 36?
- COWDEN 36 is operated by Boaz Energy II Operating, LLC, Railroad Commission of Texas operator number 078032.
- Where is COWDEN 36?
- COWDEN 36 is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50648.
- Is COWDEN 36 still producing?
- COWDEN 36 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWDEN 36 is August 2026.
- How much has COWDEN 36 produced?
- COWDEN 36 has reported 112,260 barrels of oil (bbl) to the Railroad Commission of Texas between July 2018 and August 2026, from 2 wellbores.
- How much is COWDEN 36 worth?
- The remaining production from COWDEN 36 is estimated to be worth about $799K in total as of 26 August 2026, within a range of $624K to $975K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWDEN 36 is a fraction of it. The estimate fits an Arps decline curve to the production COWDEN 36 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWDEN 36 is an estimate of value, not an offer and not an appraisal.
- How much income does COWDEN 36 generate in a year?
- COWDEN 36 is forecast to net about $229K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COWDEN 36 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Boaz Energy II Operating, LLC |
|---|---|
| Field | Dawson, W. (Clear Fork) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 50648 |
| Wellbores | 2 |
| Reported production | 112,260 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $799K |
Where COWDEN 36 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.