COWTOWN
COWTOWN is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Finley Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 3,515,027 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 $611K, with roughly $134K 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 6,673 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 29,176 thousand cubic feet. 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 COWTOWN
- Who operates COWTOWN?
- COWTOWN is operated by Finley Resources, Inc., Railroad Commission of Texas operator number 268602.
- Where is COWTOWN?
- COWTOWN is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 263397.
- Is COWTOWN still producing?
- COWTOWN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWTOWN is August 2026.
- How much has COWTOWN produced?
- COWTOWN has reported 3,515,027 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2011 and August 2026, from 1 wellbore.
- How much is COWTOWN worth?
- The remaining production from COWTOWN is estimated to be worth about $611K in total as of 27 August 2026, within a range of $507K to $715K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWTOWN is a fraction of it. The estimate fits an Arps decline curve to the production COWTOWN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWTOWN is an estimate of value, not an offer and not an appraisal.
- How much income does COWTOWN generate in a year?
- COWTOWN is forecast to net about $134K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COWTOWN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Finley Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 263397 |
| Wellbores | 1 |
| Reported production | 3,515,027 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $611K |
Where COWTOWN 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.