COWDEN RANCH -6-

COWDEN RANCH -6- is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Rust Oil Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 197,242 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 $965K, with roughly $219K 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 321 barrels a month. Its strongest month on the record we hold was November 2016, at 546 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 -6-

Who operates COWDEN RANCH -6-?
COWDEN RANCH -6- is operated by Rust Oil Corp., Railroad Commission of Texas operator number 737890.
Where is COWDEN RANCH -6-?
COWDEN RANCH -6- is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 32731.
Is COWDEN RANCH -6- still producing?
COWDEN RANCH -6- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWDEN RANCH -6- is August 2026.
How much has COWDEN RANCH -6- produced?
COWDEN RANCH -6- has reported 197,242 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is COWDEN RANCH -6- worth?
The remaining production from COWDEN RANCH -6- is estimated to be worth about $965K in total as of 27 August 2026, within a range of $753K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWDEN RANCH -6- is a fraction of it. The estimate fits an Arps decline curve to the production COWDEN RANCH -6- 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 -6- is an estimate of value, not an offer and not an appraisal.
How much income does COWDEN RANCH -6- generate in a year?
COWDEN RANCH -6- is forecast to net about $219K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COWDEN RANCH -6- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

COWDEN RANCH -6- as filed with the Railroad Commission of Texas
OperatorRust Oil Corp.
FieldHarper (Glorieta)
CountyEctor County, Texas
RRC district08
Lease number32731
Wellbores1
Reported production197,242 bbl
First reported
Last reported
Estimated royalty value$965K

Where COWDEN RANCH -6- 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.