COWTOWNS CAT 4603A
COWTOWNS CAT 4603A is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Civitas Permian Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2024 to August 2026, totalling 116,410 barrels. The lease is intermittent. 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 $8.0M, with roughly $3.3M 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 9,202 barrels a month. Its strongest month on the record we hold was June 2025, at 20,748 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 COWTOWNS CAT 4603A
- Who operates COWTOWNS CAT 4603A?
- COWTOWNS CAT 4603A is operated by Civitas Permian Operating, LLC, Railroad Commission of Texas operator number 101577.
- Where is COWTOWNS CAT 4603A?
- COWTOWNS CAT 4603A is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22970.
- Is COWTOWNS CAT 4603A still producing?
- COWTOWNS CAT 4603A is intermittent. The most recent month of production reported to the Railroad Commission of Texas for COWTOWNS CAT 4603A is August 2026.
- How much has COWTOWNS CAT 4603A produced?
- COWTOWNS CAT 4603A has reported 116,410 barrels of oil (bbl) to the Railroad Commission of Texas between November 2024 and August 2026, from 1 wellbore.
- How much is COWTOWNS CAT 4603A worth?
- The remaining production from COWTOWNS CAT 4603A is estimated to be worth about $8.0M in total as of 27 August 2026, within a range of $6.7M to $9.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWTOWNS CAT 4603A is a fraction of it. The estimate fits an Arps decline curve to the production COWTOWNS CAT 4603A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWTOWNS CAT 4603A is an estimate of value, not an offer and not an appraisal.
- How much income does COWTOWNS CAT 4603A generate in a year?
- COWTOWNS CAT 4603A is forecast to net about $3.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COWTOWNS CAT 4603A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Civitas Permian Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22970 |
| Wellbores | 1 |
| Reported production | 116,410 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.0M |
Where COWTOWNS CAT 4603A 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.