COUGAR A
COUGAR A is a Texas oil lease in Howard County, Railroad Commission district 08, operated by SM Energy Company. It has 5 wellbores on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 2,768,384 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 $15.1M, with roughly $6.1M 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 9,451 barrels a month, about 1,890 per wellbore. Its strongest month on the record we hold was January 2020, at 105,745 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 COUGAR A
- Who operates COUGAR A?
- COUGAR A is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is COUGAR A?
- COUGAR A is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 50340.
- Is COUGAR A still producing?
- COUGAR A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COUGAR A is August 2026.
- How much has COUGAR A produced?
- COUGAR A has reported 2,768,384 barrels of oil (bbl) to the Railroad Commission of Texas between May 2018 and August 2026, from 5 wellbores.
- How much is COUGAR A worth?
- The remaining production from COUGAR A is estimated to be worth about $15.1M in total as of 26 August 2026, within a range of $12.6M to $17.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COUGAR A is a fraction of it. The estimate fits an Arps decline curve to the production COUGAR A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COUGAR A is an estimate of value, not an offer and not an appraisal.
- How much income does COUGAR A generate in a year?
- COUGAR A is forecast to net about $6.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COUGAR A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 50340 |
| Wellbores | 5 |
| Reported production | 2,768,384 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.1M |
Where COUGAR A 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.