MCCOWAN
MCCOWAN is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 836,220 thousand cubic feet. 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 $40K, with roughly $13K 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 631 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 1,645 thousand cubic feet. 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 MCCOWAN
- Who operates MCCOWAN?
- MCCOWAN is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is MCCOWAN?
- MCCOWAN is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 247569.
- Is MCCOWAN still producing?
- MCCOWAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCOWAN is August 2026.
- How much has MCCOWAN produced?
- MCCOWAN has reported 836,220 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is MCCOWAN worth?
- The remaining production from MCCOWAN is estimated to be worth about $40K in total as of 26 August 2026, within a range of $31K to $49K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCOWAN is a fraction of it. The estimate fits an Arps decline curve to the production MCCOWAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCOWAN is an estimate of value, not an offer and not an appraisal.
- How much income does MCCOWAN generate in a year?
- MCCOWAN is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCOWAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Carthage, North (Bossier Shale) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 247569 |
| Wellbores | 1 |
| Reported production | 836,220 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where MCCOWAN 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.