COUEY, M. L.
COUEY, M. L. is a Texas oil lease in Glasscock County, Railroad Commission district 7C, operated by Glossop, Robert L. It has 2 wellbores on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 24,744 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 $74K, with roughly $14K 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 20 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was October 2017, at 217 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 COUEY, M. L.
- Who operates COUEY, M. L.?
- COUEY, M. L. is operated by Glossop, Robert L., Railroad Commission of Texas operator number 310720.
- Where is COUEY, M. L.?
- COUEY, M. L. is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 13980.
- Is COUEY, M. L. still producing?
- COUEY, M. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COUEY, M. L. is August 2026.
- How much has COUEY, M. L. produced?
- COUEY, M. L. has reported 24,744 barrels of oil (bbl) to the Railroad Commission of Texas between November 1995 and August 2026, from 2 wellbores.
- How much is COUEY, M. L. worth?
- The remaining production from COUEY, M. L. is estimated to be worth about $74K in total as of 27 August 2026, within a range of $41K to $108K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COUEY, M. L. is a fraction of it. The estimate fits an Arps decline curve to the production COUEY, M. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COUEY, M. L. is an estimate of value, not an offer and not an appraisal.
- How much income does COUEY, M. L. generate in a year?
- COUEY, M. L. is forecast to net about $14K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COUEY, M. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Glossop, Robert L. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 7C |
| Lease number | 13980 |
| Wellbores | 2 |
| Reported production | 24,744 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $74K |
Where COUEY, M. L. 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.