CORRIGAN COWDEN UNIT
CORRIGAN COWDEN UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Arco Oil & Gas Co. It has 56 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,423,863 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 $8.9M, with roughly $2.0M 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 3,010 barrels a month, about 54 per wellbore. Its strongest month on the record we hold was January 2017, at 7,363 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CORRIGAN COWDEN UNIT
- Who operates CORRIGAN COWDEN UNIT?
- CORRIGAN COWDEN UNIT is operated by Arco Oil & Gas Co., Railroad Commission of Texas operator number 029340.
- Where is CORRIGAN COWDEN UNIT?
- CORRIGAN COWDEN UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 24118.
- Is CORRIGAN COWDEN UNIT still producing?
- CORRIGAN COWDEN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORRIGAN COWDEN UNIT is August 2026.
- How much has CORRIGAN COWDEN UNIT produced?
- CORRIGAN COWDEN UNIT has reported 6,423,863 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 56 wellbores.
- How much is CORRIGAN COWDEN UNIT worth?
- The remaining production from CORRIGAN COWDEN UNIT is estimated to be worth about $8.9M in total as of 27 August 2026, within a range of $7.4M to $10.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORRIGAN COWDEN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CORRIGAN COWDEN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORRIGAN COWDEN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CORRIGAN COWDEN UNIT generate in a year?
- CORRIGAN COWDEN UNIT is forecast to net about $2.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CORRIGAN COWDEN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Oil & Gas Co. |
|---|---|
| Field | Cowden, North |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 24118 |
| Wellbores | 56 |
| Reported production | 6,423,863 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.9M |
Where CORRIGAN COWDEN UNIT 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.