COWHORN UNIT 208-209
COWHORN UNIT 208-209 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Civitas Permian Operating, LLC. It has 5 wellbores on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 1,026,641 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 $46.0M, with roughly $16.3M 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 31,642 barrels a month, about 6,328 per wellbore. Its strongest month on the record we hold was October 2024, at 122,809 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 COWHORN UNIT 208-209
- Who operates COWHORN UNIT 208-209?
- COWHORN UNIT 208-209 is operated by Civitas Permian Operating, LLC, Railroad Commission of Texas operator number 101577.
- Where is COWHORN UNIT 208-209?
- COWHORN UNIT 208-209 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62412.
- Is COWHORN UNIT 208-209 still producing?
- COWHORN UNIT 208-209 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWHORN UNIT 208-209 is August 2026.
- How much has COWHORN UNIT 208-209 produced?
- COWHORN UNIT 208-209 has reported 1,026,641 barrels of oil (bbl) to the Railroad Commission of Texas between August 2024 and August 2026, from 5 wellbores.
- How much is COWHORN UNIT 208-209 worth?
- The remaining production from COWHORN UNIT 208-209 is estimated to be worth about $46.0M in total as of 27 August 2026, within a range of $37.7M to $54.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWHORN UNIT 208-209 is a fraction of it. The estimate fits an Arps decline curve to the production COWHORN UNIT 208-209 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWHORN UNIT 208-209 is an estimate of value, not an offer and not an appraisal.
- How much income does COWHORN UNIT 208-209 generate in a year?
- COWHORN UNIT 208-209 is forecast to net about $16.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COWHORN UNIT 208-209 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Civitas Permian Operating, LLC |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 62412 |
| Wellbores | 5 |
| Reported production | 1,026,641 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $46.0M |
Where COWHORN UNIT 208-209 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.