COWDEN RANCH -7-

COWDEN RANCH -7- is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Rust Oil Corp. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 181,833 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 $462K, with roughly $89K 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 114 barrels a month, about 38 per wellbore. Its strongest month on the record we hold was October 2017, at 355 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 -7-

Who operates COWDEN RANCH -7-?
COWDEN RANCH -7- is operated by Rust Oil Corp., Railroad Commission of Texas operator number 737890.
Where is COWDEN RANCH -7-?
COWDEN RANCH -7- is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 32581.
Is COWDEN RANCH -7- still producing?
COWDEN RANCH -7- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWDEN RANCH -7- is August 2026.
How much has COWDEN RANCH -7- produced?
COWDEN RANCH -7- has reported 181,833 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
How much is COWDEN RANCH -7- worth?
The remaining production from COWDEN RANCH -7- is estimated to be worth about $462K in total as of 26 August 2026, within a range of $360K to $563K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWDEN RANCH -7- is a fraction of it. The estimate fits an Arps decline curve to the production COWDEN RANCH -7- 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 -7- is an estimate of value, not an offer and not an appraisal.
How much income does COWDEN RANCH -7- generate in a year?
COWDEN RANCH -7- is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COWDEN RANCH -7- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

COWDEN RANCH -7- as filed with the Railroad Commission of Texas
OperatorRust Oil Corp.
FieldCowden (Penn Detrital)
CountyEctor County, Texas
RRC district08
Lease number32581
Wellbores3
Reported production181,833 bbl
First reported
Last reported
Estimated royalty value$462K

Where COWDEN RANCH -7- 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.