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Producing

COWDEN RANCH OIL UNIT "49"

Cowden Ranch Oil Unit "49" is an oil lease in Crane County, Texas, operated by R3 Operating Corporation in the Roepke (Upper Devonian) field.

1 well

2,558bbl oil, last 12 months−16% vs prior year
Operator
R3 Operating Corporation
County
Crane County
Field
Roepke (Upper Devonian)
RRC lease
08-37210

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Where it sits

This county

Crane CountyCraneUptonMidlandWinklerWardEctorCrane County
Crane County
Gas, last 12 months
1,668 mcf
Oil in Jul 2026
335 bbl

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.

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Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for COWDEN RANCH OIL UNIT "49", Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 2,558 bbl in the 12 months through Jul 2026, against 3,050 bbl in the 12 months before.Last 12 months: 2,558 bblbbl per monthmcf per month00100100200200300300400400500500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for COWDEN RANCH OIL UNIT "49", Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 2,558 bbl in the 12 months through Jul 2026, against 3,050 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100100200200300300400400500500Jan 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 RANCH OIL UNIT "49" 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 RANCH OIL UNIT "49" 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 RANCH OIL UNIT "49"
API numberWell no.Status
42-103-349453Active

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 Ranch Oil Unit "49"
API numberWell no.Acreson the permit
42-103-34945340

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for COWDEN RANCH OIL UNIT "49"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026R3 Operating3351661481480$80.46$2.89
Jun 2026R3 Operating210746460$84.81$3.15
May 2026R3 Operating8301561560$102.13$2.94
Apr 2026R3 Operating2151792222220$100.32$2.77
Mar 2026R3 Operating2343552362360$91.38$3.04
Feb 2026R3 Operating215358000$64.51$3.62
Jan 2026R3 Operating2401792382380$60.04$7.72
Dec 2025R3 Operating2461712132130$57.97$4.26
Nov 2025R3 Operating241177000$60.06$3.79
Oct 2025R3 Operating2313543453450$60.89$3.19
Sep 2025R3 Operating26817564640$63.96$2.97
Aug 2025R3 Operating248347000$64.86$2.91
Jul 2025T2 Operating253177000$68.39$3.20
Jun 2025T2 Operating251181000$68.17$3.02
May 2025T2 Operating258344000$62.17$3.12
Apr 2025T2 Operating270358000$63.54$3.42
Mar 2025Boaz Energy284361000$68.24$4.12
Feb 2025Boaz Energy24517949490$71.53$4.19
Jan 2025Boaz Energy3021681321320$75.74$4.13
Dec 2024Boaz Energy327336000$70.12$3.01
Nov 2024Boaz Energy3203371301300$69.95$2.12
Oct 2024Boaz Energy2793511951950$71.99$2.20
Sep 2024Boaz Energy2423471971970$70.24$2.28
Aug 2024Boaz Energy191722132130$76.68$1.99
Jul 2024Boaz Energy4771621251250$81.80$2.07
Jun 2024Boaz Energy4123312572570$79.77$2.54
May 2024Boaz Energy3593283123120$80.02$2.12
Apr 2024Boaz Energy3333352642640$85.35$1.60
Mar 2024Boaz Energy2483331321320$81.28$1.49
Feb 2024Boaz Energy203170000$77.25$1.72
Jan 2024Boaz Energy345347000$74.15$3.18
Dec 2023Boaz Energy329370000$71.90$2.52
Nov 2023Boaz Energy343374000$77.69$2.71
Oct 2023Boaz Energy289179000$85.64$2.98
Sep 2023Boaz Energy295361000$89.43$2.64
Aug 2023Boaz Energy33934259590$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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