COWDEN50
COWDEN50 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Henry Petroleum LP. It has 2 wellbores on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 74,286 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 $496K, with roughly $93K 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 134 barrels a month, about 67 per wellbore. Its strongest month on the record we hold was January 2023, at 644 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 COWDEN50
- Who operates COWDEN50?
- COWDEN50 is operated by Henry Petroleum LP, Railroad Commission of Texas operator number 378642.
- Where is COWDEN50?
- COWDEN50 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16112.
- Is COWDEN50 still producing?
- COWDEN50 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COWDEN50 is August 2026.
- How much has COWDEN50 produced?
- COWDEN50 has reported 74,286 barrels of oil (bbl) to the Railroad Commission of Texas between December 2006 and August 2026, from 2 wellbores.
- How much is COWDEN50 worth?
- The remaining production from COWDEN50 is estimated to be worth about $496K in total as of 26 August 2026, within a range of $387K to $605K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COWDEN50 is a fraction of it. The estimate fits an Arps decline curve to the production COWDEN50 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COWDEN50 is an estimate of value, not an offer and not an appraisal.
- How much income does COWDEN50 generate in a year?
- COWDEN50 is forecast to net about $93K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COWDEN50 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Henry Petroleum LP |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 16112 |
| Wellbores | 2 |
| Reported production | 74,286 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $496K |
Where COWDEN50 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.