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Texas oil lease

Producing

COWDEN "32"

Cowden "32" is an oil lease in Midland County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

10 wells

2,690bbl oil, last 12 months+1% vs prior year
Operator
Ovintiv USA Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-35769

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
95,641 mcf
Oil in Jul 2026
183 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for COWDEN "32", Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,690 bbl in the 12 months through Jul 2026, against 2,670 bbl in the 12 months before.Last 12 months: 2,690 bblbbl per monthmcf per month001005,00020010k30015k40020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for COWDEN "32", Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 2,690 bbl in the 12 months through Jul 2026, against 2,670 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005,00020010k30015k40020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 9.8% of the gas in Jan 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of COWDEN "32" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 9.8% of the gas in Jan 2026.Share of the lease’s gas by disposition code, per month0%50%100%Jul 2026: line to plantFlared 9.8%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission lineShare of COWDEN "32" gas by disposition code each month, Aug 2023 to Jul 2026. Since Jul 2026 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 9.8% of the gas in Jan 2026.Share of gas by disposition code0%50%100%Jul 26: line to plantFlared 9.8%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    85% · 81,128 mcf

  • Transmission line (2)

    13% · 12,502 mcf

  • Flared (4)

    1.1% · 1,089 mcf

  • Lease fuel (1)

    1.0% · 922 mcf

1.1% of the gas flared in the last 12 months. 2 months above 3%.

Who has run this lease

The operator changed once, most recently in Feb 2020

Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now
Operators of this lease over timeEncana Oil & Gas(usa) Inc., Jan 2020 to Jan 2020; Ovintiv USA Inc., Feb 2020 to Jul 20262020202120222023202420252026Changed Feb 2020Encana Oil & Gas(usa) Inc.Jan 2020 to Jan 2020Ovintiv USA Inc.Feb 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

10 wells on this lease

Wells on COWDEN "32"
API numberWell no.Status
42-329-339572Active
42-329-339583Active
42-329-339591Active
42-329-340754Active
42-329-340785Active
42-329-340796Active
42-329-365827Active
42-329-375908Active
42-329-390059Shut-in
42-329-3918710Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Aug 1, 2026–
Gulfmark Energy, Inc.OilGathers50Aug 1, 2026–
Gulfmark Energy, Inc.OilGathers100Apr 1, 2025Aug 1, 2026
Oasis Transp & Marketing Corp.OilGathers100Jun 1, 2020Apr 1, 2025
Energy Transfer CompanyCasinghead gasGathers100May 1, 2015Dec 1, 2023
Energy Transfer CompanyCasinghead gasBuys100May 1, 2015Dec 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Nov 1, 2018Jun 1, 2020

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

Who buys my oilOil price check

480 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 82.9 and 640 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    10 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Cowden "32"
API numberWell no.Acreson the permit
42-329-375908480
42-329-3918710480
42-329-390059480
42-329-36582782.90
42-329-340785640
42-329-340796640
42-329-340754640
42-329-339572640
42-329-339583640
42-329-339591640

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

Unit decimal checker

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV).
Realized prices reported by Ovintiv Inc.
QuarterOil$ per bblFiling
Q2 2026$100.69SEC filing
Q1 2026$72.62SEC filing
Q4 2025$59.55SEC filing
Q3 2025$66.22SEC filing
Q2 2025$64.50SEC filing
Q1 2025$71.79SEC filing

SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for COWDEN "32"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Ovintiv USA1831226,8656,7930$80.46$2.89
Jun 2026Ovintiv USA21526113,73813,6621$84.81$3.15
May 2026Ovintiv USA20512810,89310,8160$102.13$2.94
Apr 2026Ovintiv USA2082464,5354,4620$100.32$2.77
Mar 2026Ovintiv USA2122276,8756,8020$91.38$3.04
Feb 2026Ovintiv USA2272837,0426,92251$64.51$3.62
Jan 2026Ovintiv USA2322966,3805,668627$60.04$7.72
Dec 2025Ovintiv USA2512037,1037,0180$57.97$4.26
Nov 2025Ovintiv USA2461357,2237,027121$60.06$3.79
Oct 2025Ovintiv USA2423988,3457,978289$60.89$3.19
Sep 2025Ovintiv USA2331438,4018,3220$63.96$2.97
Aug 2025Ovintiv USA2362758,2418,1600$64.86$2.91
Jul 2025Ovintiv USA2371307,9347,8540$68.39$3.20
Jun 2025Ovintiv USA1542147,0827,0040$68.17$3.02
May 2025Ovintiv USA1872647,6977,6140$62.17$3.12
Apr 2025Ovintiv USA2611477,6817,5960$63.54$3.42
Mar 2025Ovintiv USA3163988,0677,9800$68.24$4.12
Feb 2025Ovintiv USA2502576,6806,6050$71.53$4.19
Jan 2025Ovintiv USA3152897,7007,6120$75.74$4.13
Dec 2024Ovintiv USA2432976,9376,8530$70.12$3.01
Nov 2024Ovintiv USA2101236,3956,3220$69.95$2.12
Oct 2024Ovintiv USA1871307,2277,1430$71.99$2.20
Sep 2024Ovintiv USA103946,2026,1240$70.24$2.28
Aug 2024Ovintiv USA2072456,8156,7370$76.68$1.99
Jul 2024Ovintiv USA2292287,6247,5460$81.80$2.07
Jun 2024Ovintiv USA2502417,5567,4800$79.77$2.54
May 2024Ovintiv USA3342937,5457,4670$80.02$2.12
Apr 2024Ovintiv USA2593117,1327,0570$85.35$1.60
Mar 2024Ovintiv USA1741277,0776,9980$81.28$1.49
Feb 2024Ovintiv USA1341983,8523,7860$77.25$1.72
Jan 2024Ovintiv USA2652553,5153,4550$74.15$3.18
Dec 2023Ovintiv USA3082995,6665,6040$71.90$2.52
Nov 2023Ovintiv USA2201687,6037,5180$77.69$2.71
Oct 2023Ovintiv USA1741785,1345,0770$85.64$2.98
Sep 2023Ovintiv USA2323044,2524,2110$89.43$2.64
Aug 2023Ovintiv USA2742217,5807,5120$81.39$2.58

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

OperatorOvintiv USA Inc.FieldSpraberry (Trend Area)CountyMidland County

Ovintiv USA Inc. in Midland County

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Spraberry (Trend Area) field

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