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COWDEN 39-03 EAST UNIT

Cowden 39-03 East Unit is an oil lease in Midland County, Texas, operated by XTO Energy Inc. in the Spraberry (Trend Area) field.

9 wells

430,114bbl oil, last 12 months−44% vs prior year
Operator
XTO Energy Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-61416

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
2,571,388 mcf
Oil in Jul 2026
27,367 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Jun 1, 2026.

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

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Production by month

Oil output fell 44% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for COWDEN 39-03 EAST UNIT, Sep 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 430,114 bbl in the 12 months through Jul 2026, against 761,698 bbl in the 12 months before.Last 12 months: 430,114 bblbbl per monthmcf per month00100k100k200k200k300k300k400k400k500k500kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 44% over the last 12 monthsMonthly oil production and gas for COWDEN 39-03 EAST UNIT, Sep 2023 to Jul 2026. Oil output fell 44% over the last 12 months. 430,114 bbl in the 12 months through Jul 2026, against 761,698 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100k100k200k200k300k300k400k400k500k500kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

90% of the gas went to a processing plant in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
90% of the gas went to a processing plant in the last 12 monthsShare of COWDEN 39-03 EAST UNIT gas by disposition code each month, Sep 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
90% of the gas went to a processing plant in the last 12 monthsShare of COWDEN 39-03 EAST UNIT gas by disposition code each month, Sep 2023 to Jul 2026. 90% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    90% · 2,304,554 mcf

  • Lease fuel (1)

    10% · 266,595 mcf

  • Flared (4)

    0.0% · 239 mcf

9 wells on this lease

Wells on COWDEN 39-03 EAST UNIT
API numberWell no.Status
42-329-456240313AHActive
42-329-456250324SHActive
42-329-456260304BHActive
42-329-456270314AHActive
42-329-456280325SHActive
42-329-456290305BHActive
42-329-456300315AHActive
42-329-456310326SHActive
42-329-456320306BHActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Medallion Operating Company, LLCOilGathers100Jun 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys100Jun 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Sep 20, 2023–
Energy Transfer CompanyCasinghead gasBuys100Sep 20, 2023Jun 1, 2026
Energy Transfer CompanyOilGathers100Feb 1, 2025Jun 1, 2026
Nustar Permian Trans and Stg,llcOilGathers100Sep 20, 2023Feb 1, 2025

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

Who buys my oilOil price check

971.20 acres on the newest permit

  • Good to know

    9 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.

  • 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 39-03 East Unit
API numberWell no.Acreson the permit
42-329-456240313AH971.20
42-329-456250324SH971.20
42-329-456260304BH971.20
42-329-456270314AH971.20
42-329-456280325SH971.20
42-329-456290305BH971.20
42-329-456300315AH971.20
42-329-456310326SH971.20
42-329-456320306BH971.20

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

Unit decimal checker

Estimate your royalty

35 months, newest first

Ledger for COWDEN 39-03 EAST UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202627,36727,435131,952111,84222$80.46$2.89
Jun 202630,50530,474222,661202,22337$84.81$3.15
May 202633,57233,524238,149220,08019$102.13$2.94
Apr 202633,51933,568223,679205,25616$100.32$2.77
Mar 202632,61132,664216,017195,0844$91.38$3.04
Feb 202628,84328,746187,657171,7970$64.51$3.62
Jan 202631,56631,618203,157185,21237$60.04$7.72
Dec 202539,46139,451233,278215,40239$57.97$4.26
Nov 202538,84038,855220,245201,96835$60.06$3.79
Oct 202544,55844,544236,847201,54118$60.89$3.19
Sep 202542,30742,214222,943191,20112$63.96$2.97
Aug 202546,96546,962234,803202,9480$64.86$2.91
Jul 202544,82544,828236,743201,1200$68.39$3.20
Jun 202547,26647,269265,011237,6050$68.17$3.02
May 202554,43654,533277,847250,4221$62.17$3.12
Apr 202559,39859,341196,995168,92942$63.54$3.42
Mar 202549,11849,056138,691114,13381$68.24$4.12
Feb 202559,83159,880250,258218,98378$71.53$4.19
Jan 202559,63059,631320,900291,41175$75.74$4.13
Dec 202466,63266,674363,349333,43238$70.12$3.01
Nov 202469,16969,135339,247309,49565$69.95$2.12
Oct 202478,20578,180378,445347,05088$71.99$2.20
Sep 202483,69383,708378,087348,44721$70.24$2.28
Aug 202489,49589,591390,078360,576189$76.68$1.99
Jul 202497,33597,300394,811364,31010$81.80$2.07
Jun 2024108,624108,480404,836375,42912$79.77$2.54
May 2024126,818126,853398,906367,36227$80.02$2.12
Apr 2024124,576124,555365,389323,10328$85.35$1.60
Mar 2024152,094152,245370,451327,9950$81.28$1.49
Feb 2024167,380167,346408,205369,6690$77.25$1.72
Jan 2024209,033209,022427,067401,4990$74.15$3.18
Dec 2023241,011241,592350,887330,5610$71.90$2.52
Nov 2023280,045279,635335,788328,2250$77.69$2.71
Oct 2023304,788304,775361,084359,91086$85.64$2.98
Sep 202368,80968,45683,69183,2580$89.43$2.64

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

OperatorXTO Energy Inc.FieldSpraberry (Trend Area)CountyMidland County

XTO Energy Inc. in Midland County

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Spraberry (Trend Area) field

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