COWDEN RANCH 'B'
COWDEN RANCH 'B' is a Texas oil lease in Crane County, Railroad Commission district 08, operated by PPC Operating Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 25,627 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 $419K, with roughly $81K 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 115 barrels a month. Its strongest month on the record we hold was June 2022, at 555 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 RANCH 'B'
- Who operates COWDEN RANCH 'B'?
- COWDEN RANCH 'B' is operated by PPC Operating Company LLC, Railroad Commission of Texas operator number 631462.
- Where is COWDEN RANCH 'B'?
- COWDEN RANCH 'B' is a Texas oil lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44802.
- Is COWDEN RANCH 'B' still producing?
- COWDEN RANCH 'B' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWDEN RANCH 'B' is August 2026.
- How much has COWDEN RANCH 'B' produced?
- COWDEN RANCH 'B' has reported 25,627 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 1 wellbore.
- How much is COWDEN RANCH 'B' worth?
- The remaining production from COWDEN RANCH 'B' is estimated to be worth about $419K in total as of 26 August 2026, within a range of $327K to $512K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWDEN RANCH 'B' is a fraction of it. The estimate fits an Arps decline curve to the production COWDEN RANCH 'B' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWDEN RANCH 'B' is an estimate of value, not an offer and not an appraisal.
- How much income does COWDEN RANCH 'B' generate in a year?
- COWDEN RANCH 'B' is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COWDEN RANCH 'B' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PPC Operating Company LLC |
|---|---|
| Field | Crane (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 44802 |
| Wellbores | 1 |
| Reported production | 25,627 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $419K |
Where COWDEN RANCH 'B' 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.