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Royalty Clerk

Texas gas well

Producing

COWDEN 26

Cowden 26 is a gas well in Crane County, Texas, operated by Formentera Operations LLC in the McElroy field.

Gas well dossier

2,479mcf gas, since Sep 2025
Operator
Formentera Operations LLC
County
Crane County
Field
McElroy
RRC lease
08-300264

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas in Jul 2026
201 mcf
Reporting since
Sep 2025

Checks stopped on this lease?

  • Sales

    No sales reported for the last 4 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output held steady since Sep 2025

Gas output held steady since Sep 2025Monthly gas production for COWDEN 26, Sep 2025 to Jul 2026. Gas output held steady since Sep 2025. Monthly average of 203 mcf in the latest 3 months, against 200 mcf in the first 3.mcf per month0100200300400Oct 25Jan 26AprJul
Gas output held steady since Sep 2025Monthly gas production for COWDEN 26, Sep 2025 to Jul 2026. Gas output held steady since Sep 2025. Monthly average of 203 mcf in the latest 3 months, against 200 mcf in the first 3.mcf per month0100200300400Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

99% of the gas went to flaring in the 11 months reported

Flaring peaked at 100.0% of the gas in Sep 2025.

  • Transmission line (2)
  • Flared (4)
99% of the gas went to flaring in the 11 months reportedShare of COWDEN 26 gas by disposition code each month, Sep 2025 to Jul 2026. 99% of the gas went to flaring in the 11 months reported. Flaring peaked at 100.0% of the gas in Sep 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 25Jan 26AprJul
99% of the gas went to flaring in the 11 months reportedShare of COWDEN 26 gas by disposition code each month, Sep 2025 to Jul 2026. 99% of the gas went to flaring in the 11 months reported. Flaring peaked at 100.0% of the gas in Sep 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Flared (4)

    99% · 2,448 mcf

  • Transmission line (2)

    1.3% · 31 mcf

98.7% of the gas flared in the 11 months reported. 11 months above 3%.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Eastex Crude Company, LLCCondensateGathers50Sep 25, 2025
Shell Trading (Us) CompanyCondensateGathers50Sep 25, 2025
Targa Midstream Services LLCGas-well gasBuys100Sep 25, 2025
Targa Midstream Services LLCGas-well gasGathers100Sep 25, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

649.51 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Cowden 26
API numberWell no.Acreson the permit
42-103-362341H649.51

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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Estimate your royalty

11 months, newest first

Ledger for COWDEN 26
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262010201$80.46$2.89
Jun 20261940194$84.81$3.15
May 20262150215$102.13$2.94
Apr 20262210221$100.32$2.77
Mar 202623412222$91.38$3.04
Feb 202627119252$64.51$3.62
Jan 20262710271$60.04$7.72
Dec 20252720272$57.97$4.26
Nov 20252640264$60.06$3.79
Oct 20252350235$60.89$3.19
Sep 20251010101$63.96$2.97

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldMcElroyCountyCrane County

Formentera Operations LLC in Crane County

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McElroy field

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New drilling permits in Crane County

Newest in the county: this lease has no coordinates.