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Producing

COWDEN 40 -B-

Cowden 40 -B- is an oil lease in Midland County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

6 wells

1,292bbl oil, last 12 months−84% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-23961

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
6,194 mcf
Oil in Jul 2026
134 bbl

Production by month

Oil output fell 84% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 84% over the last 12 monthsMonthly oil production and gas for COWDEN 40 -B-, Aug 2023 to Jul 2026. Oil output fell 84% over the last 12 months. 1,292 bbl in the 12 months through Jul 2026, against 7,990 bbl in the 12 months before.Last 12 months: 1,292 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 84% over the last 12 monthsMonthly oil production and gas for COWDEN 40 -B-, Aug 2023 to Jul 2026. Oil output fell 84% over the last 12 months. 1,292 bbl in the 12 months through Jul 2026, against 7,990 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2026 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Since May 2026 the lease's gas goes to a processing plant instead of lease fuelShare of COWDEN 40 -B- gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%May 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to a processing plant instead of lease fuelShare of COWDEN 40 -B- gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%May 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    74% · 4,571 mcf

  • Lease fuel (1)

    26% · 1,619 mcf

  • Flared (4)

    0.1% · 4 mcf

0.1% of the gas flared in the last 12 months. No month above 3%.

6 wells on this lease

Wells on COWDEN 40 -B-
API numberWell no.Status
42-329-303764Active
42-329-303853Active
42-329-321425Active
42-329-321436Active
42-329-356947Shut-in
42-329-389368Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Apr 1, 2026–
Oasis Transp & Marketing Corp.OilGathers50Jan 1, 2024–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Aug 1, 2016–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Aug 1, 2016–
Explore Logistics LLCOilGathers50Jan 1, 2024Apr 1, 2026
Explore Logistics LLCOilGathers100May 1, 2020Jan 1, 2024
Cp Energy, L.l.c.OilGathers100Mar 1, 2018May 1, 2020

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

Who buys my oilOil price check

332.40 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 320 and 332.4 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    8 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 40 -B-
API numberWell no.Acreson the permit
42-329-389368332.40
42-329-356947320
42-329-321425320
42-329-321436320
42-329-303761–
42-329-303764–
42-329-303852–
42-329-303853–

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

Unit decimal checker

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36 months, newest first

Ledger for COWDEN 40 -B-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261341771,1039540$80.46$2.89
Jun 20265406465020$84.81$3.15
May 2026005684190$102.13$2.94
Apr 202600168240$100.32$2.77
Mar 202600173240$91.38$3.04
Feb 2026003113110$64.51$3.62
Jan 20261821824923430$60.04$7.72
Dec 20257304583090$57.97$4.26
Nov 20257704573130$60.06$3.79
Oct 20251711845013484$60.89$3.19
Sep 20251711795774330$63.96$2.97
Aug 20254305557405910$64.86$2.91
Jul 20255222756315370$68.39$3.20
Jun 202500000$68.17$3.02
May 202500000$62.17$3.12
Apr 2025661882,2062,0620$63.54$3.42
Mar 202593293220,09119,9384$68.24$4.12
Feb 202591789818,93618,8020$71.53$4.19
Jan 20251,1451,12521,38521,2360$75.74$4.13
Dec 20241,1451,29522,28322,1340$70.12$3.01
Nov 202459053510,92310,609170$69.95$2.12
Oct 202473776215,94315,76925$71.99$2.20
Sep 202495391919,57319,44310$70.24$2.28
Aug 20249831,10020,48420,3600$76.68$1.99
Jul 20249511,08520,15920,0350$81.80$2.07
Jun 202493974121,21721,0970$79.77$2.54
May 20249451,02320,92720,77429$80.02$2.12
Apr 20241,0221,08921,47521,3523$85.35$1.60
Mar 20241,1031,26722,28222,1580$81.28$1.49
Feb 20241,0711,07921,02820,9120$77.25$1.72
Jan 20241,13390822,28922,13134$74.15$3.18
Dec 20231,2121,22321,79621,6711$71.90$2.52
Nov 20231,2721,19421,41221,2920$77.69$2.71
Oct 20231,3081,32822,31722,1930$85.64$2.98
Sep 20231,1281,11121,34621,2260$89.43$2.64
Aug 202384193517,37017,2460$81.39$2.58

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

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMidland County

Pioneer Natural Res. USA, Inc. in Midland County

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Spraberry (Trend Area) field

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