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Texas oil lease

Producing

COWDEN 47

Cowden 47 is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the Roepke (Tubb) field.

Oil lease dossier

1,792bbl oil, last 12 months−36% vs prior year
RRC lease
08-58330

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Oil in Jul 2026
234 bbl
Reporting since
Aug 2022

Checks stopped on this lease?

  • Operator

    Operator changed: R3 Operating Corporation took over from T2 Operating Corporation in Aug 2025.

  • P-5

    The previous operator's P-5 registration is listed as inactive since May 30, 2026 (last P-5 filed May 27, 2025).

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

See why checks stop on this lease

Production by month

Oil output fell 36% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for COWDEN 47, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 1,792 bbl in the 12 months through Jul 2026, against 2,782 bbl in the 12 months before.Last 12 months: 1,792 bblbbl per monthmcf per month00200100400200600300800400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 36% over the last 12 monthsMonthly oil production and gas for COWDEN 47, Aug 2023 to Jul 2026. Oil output fell 36% over the last 12 months. 1,792 bbl in the 12 months through Jul 2026, against 2,782 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200100400200600300800400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of COWDEN 47 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of COWDEN 47 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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.

Who has run this lease

The operator changed 2 times, most recently in Aug 2025

Operators of this lease over timeBoaz Energy II Operating, LLC, Aug 2022 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCAug 2022 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeBoaz Energy II Operating, LLC, Aug 2022 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262023202420252026Changed Apr 2025Changed Aug 2025Boaz Energy II Operating, LLCAug 2022 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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
Enterprise Crude Oil LLCOilGathers100Aug 4, 2022
Dcp Operating Company, LPCasinghead gasBuys100Aug 4, 2022
Dcp Operating Company, LPCasinghead gasGathers100Aug 4, 2022

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

40 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 47
API numberWell no.Acreson the permit
42-103-35212140

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

Estimate your royalty

36 months, newest first

Ledger for COWDEN 47
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating234340000$80.46$2.89
Jun 2026R3 Operating1140000$84.81$3.15
May 2026R3 Operating163166000$102.13$2.94
Apr 2026R3 Operating221182000$100.32$2.77
Mar 2026R3 Operating219369000$91.38$3.04
Feb 2026R3 Operating1570000$64.51$3.62
Jan 2026R3 Operating144187000$60.04$7.72
Dec 2025R3 Operating188180000$57.97$4.26
Nov 2025R3 Operating147180000$60.06$3.79
Oct 2025R3 Operating150181000$60.89$3.19
Sep 2025R3 Operating490000$63.96$2.97
Aug 2025R3 Operating60000$64.86$2.91
Jul 2025T2 Operating40000$68.39$3.20
Jun 2025T2 Operating00000$68.17$3.02
May 2025T2 Operating03000$62.17$3.12
Apr 2025T2 Operating00000$63.54$3.42
Mar 2025Boaz Energy73184000$68.24$4.12
Feb 2025Boaz Energy4183612462460$71.53$4.19
Jan 2025Boaz Energy2281721651650$75.74$4.13
Dec 2024Boaz Energy425527000$70.12$3.01
Nov 2024Boaz Energy4553501631630$69.95$2.12
Oct 2024Boaz Energy3753453243240$71.99$2.20
Sep 2024Boaz Energy5347003483480$70.24$2.28
Aug 2024Boaz Energy2701732122120$76.68$1.99
Jul 2024Boaz Energy5401541540$81.80$2.07
Jun 2024Boaz Energy731702792790$79.77$2.54
May 2024Boaz Energy7101211210$80.02$2.12
Apr 2024Boaz Energy1001692912910$85.35$1.60
Mar 2024Boaz Energy3102602600$81.28$1.49
Feb 2024Boaz Energy7902762760$77.25$1.72
Jan 2024Boaz Energy981643953950$74.15$3.18
Dec 2023Boaz Energy1271783083080$71.90$2.52
Nov 2023Boaz Energy2251922582580$77.69$2.71
Oct 2023Boaz Energy180000$85.64$2.98
Sep 2023Boaz Energy100000$89.43$2.64
Aug 2023Boaz Energy100000$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

R3 Operating Corporation in Crane County

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Roepke (Tubb) field

No other producing leases in this field are in our data yet.

New drilling permits in Crane County

Newest in the county: this lease has no coordinates.