COWDEN 46
COWDEN 46 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Parsley Energy Operations, LLC. It has 3 wellbores on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 24,537 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 $883K, with roughly $130K 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 44 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was June 2018, at 446 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 COWDEN 46
- Who operates COWDEN 46?
- COWDEN 46 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is COWDEN 46?
- COWDEN 46 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45406.
- Is COWDEN 46 still producing?
- COWDEN 46 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWDEN 46 is August 2026.
- How much has COWDEN 46 produced?
- COWDEN 46 has reported 24,537 barrels of oil (bbl) to the Railroad Commission of Texas between May 2014 and August 2026, from 3 wellbores.
- How much is COWDEN 46 worth?
- The remaining production from COWDEN 46 is estimated to be worth about $883K in total as of 27 August 2026, within a range of $486K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWDEN 46 is a fraction of it. The estimate fits an Arps decline curve to the production COWDEN 46 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWDEN 46 is an estimate of value, not an offer and not an appraisal.
- How much income does COWDEN 46 generate in a year?
- COWDEN 46 is forecast to net about $130K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COWDEN 46 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Parsley (Atoka) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 45406 |
| Wellbores | 3 |
| Reported production | 24,537 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $883K |
Where COWDEN 46 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.