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Texas oil lease

Producing

COWDEN OIL UNIT 1

Cowden Oil Unit 1 is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the Roepke (Upper Devonian) field.

1 well

861bbl oil, last 12 months−30% vs prior year
Operator
R3 Operating Corporation
County
Crane County
Field
Roepke (Upper Devonian)
RRC lease
08-37250

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Oil in Jul 2026
60 bbl
Reporting since
Jan 2020

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 30% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for COWDEN OIL UNIT 1, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 861 bbl in the 12 months through Jul 2026, against 1,229 bbl in the 12 months before.Last 12 months: 861 bblbbl per monthmcf per month0010050200100300150400200500250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 30% over the last 12 monthsMonthly oil production and gas for COWDEN OIL UNIT 1, Aug 2023 to Jul 2026. Oil output fell 30% over the last 12 months. 861 bbl in the 12 months through Jul 2026, against 1,229 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200500250Jan 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 OIL UNIT 1 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 OIL UNIT 1 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 3 times, most recently in Aug 2025

Operators of this lease over timeGrizzly Op of Delaware, LLC, Jan 2020 to Jan 2021; Boaz Energy II Operating, LLC, Feb 2021 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Apr 2025Changed Aug 2025Grizzly Op of Delaware, LLCJan 2020 to Jan 2021Boaz Energy II Operating, LLCFeb 2021 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now
Operators of this lease over timeGrizzly Op of Delaware, LLC, Jan 2020 to Jan 2021; Boaz Energy II Operating, LLC, Feb 2021 to Mar 2025; T2 Operating Corporation, Apr 2025 to Jul 2025; R3 Operating Corporation, Aug 2025 to Jul 20262020202120222023202420252026Changed Feb 2021Changed Apr 2025Changed Aug 2025Grizzly Op of Delaware, LLCJan 2020 to Jan 2021Boaz Energy II Operating, LLCFeb 2021 to Mar 2025T2 Operating CorporationApr 2025 to Jul 2025R3 Operating CorporationAug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on COWDEN OIL UNIT 1
API numberWell no.Status
42-103-349461Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCOilGathers100May 1, 2021–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Eastex Crude CompanyOilGathers100May 1, 2008May 1, 2021

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

Who buys my oilOil price check

40 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Cowden Oil Unit 1
API numberWell no.Acreson the permit
42-103-34946140

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for COWDEN OIL UNIT 1
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating600000$80.46$2.89
Jun 2026R3 Operating174168000$84.81$3.15
May 2026R3 Operating00000$102.13$2.94
Apr 2026R3 Operating00000$100.32$2.77
Mar 2026R3 Operating00000$91.38$3.04
Feb 2026R3 Operating72158000$64.51$3.62
Jan 2026R3 Operating158167000$60.04$7.72
Dec 2025R3 Operating162178000$57.97$4.26
Nov 2025R3 Operating1080000$60.06$3.79
Oct 2025R3 Operating102177000$60.89$3.19
Sep 2025R3 Operating250000$63.96$2.97
Aug 2025R3 Operating00000$64.86$2.91
Jul 2025T2 Operating00000$68.39$3.20
Jun 2025T2 Operating00000$68.17$3.02
May 2025T2 Operating189180000$62.17$3.12
Apr 2025T2 Operating70151000$63.54$3.42
Mar 2025Boaz Energy820000$68.24$4.12
Feb 2025Boaz Energy12817675750$71.53$4.19
Jan 2025Boaz Energy15217582820$75.74$4.13
Dec 2024Boaz Energy143164000$70.12$3.01
Nov 2024Boaz Energy13801191190$69.95$2.12
Oct 2024Boaz Energy1421851221220$71.99$2.20
Sep 2024Boaz Energy1451711221220$70.24$2.28
Aug 2024Boaz Energy401731111110$76.68$1.99
Jul 2024Boaz Energy27116391910$81.80$2.07
Jun 2024Boaz Energy1501532442440$79.77$2.54
May 2024Boaz Energy1641691481480$80.02$2.12
Apr 2024Boaz Energy2331681191190$85.35$1.60
Mar 2024Boaz Energy17817192920$81.28$1.49
Feb 2024Boaz Energy1681731101100$77.25$1.72
Jan 2024Boaz Energy1701551531530$74.15$3.18
Dec 2023Boaz Energy1751801151150$71.90$2.52
Nov 2023Boaz Energy1721761001000$77.69$2.71
Oct 2023Boaz Energy16418566660$85.64$2.98
Sep 2023Boaz Energy7501051050$89.43$2.64
Aug 2023Boaz Energy11217640400$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

OperatorR3 Operating CorporationFieldRoepke (Upper Devonian)CountyCrane County

R3 Operating Corporation in Crane County

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Roepke (Upper Devonian) field

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