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Texas oil lease

Producing

COWTOWNS CAT 3903D

Cowtowns Cat 3903D is an oil lease in Reagan County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.

1 well

57,513bbl oil, last 12 months−61% vs prior year
Operator
Civitas Permian Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22580

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
741,368 mcf
Oil in Jul 2026
5,098 bbl

Production by month

Oil output fell 61% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for COWTOWNS CAT 3903D, Jun 2024 to Jul 2026. Oil output fell 61% over the last 12 months. 57,513 bbl in the 12 months through Jul 2026, against 146,379 bbl in the 12 months before.Last 12 months: 57,513 bblbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJul 24OctJan 25AprJulOctJan 26AprJul
Oil output fell 61% over the last 12 monthsMonthly oil production and gas for COWTOWNS CAT 3903D, Jun 2024 to Jul 2026. Oil output fell 61% over the last 12 months. 57,513 bbl in the 12 months through Jul 2026, against 146,379 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k25k20k50k30k75k40k100k50k125kJul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Over 99% of the gas went to a processing plant in the last 12 months

Flaring peaked at 13.3% of the gas in Jul 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of COWTOWNS CAT 3903D gas by disposition code each month, Jun 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 13.3% of the gas in Jul 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 13.3%Jul 24OctJan 25AprJulOctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of COWTOWNS CAT 3903D gas by disposition code each month, Jun 2024 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months. Flaring peaked at 13.3% of the gas in Jul 2024.Share of gas by disposition code0%50%100%Flared 13.3%Jul 24Jan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 739,501 mcf

  • Flared (4)

    0.3% · 1,867 mcf

0.3% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on COWTOWNS CAT 3903D
API numberWell no.Status
42-383-414974HBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers90Dec 23, 2023
Transoil Marketing, LLCOilGathers10Dec 23, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Dec 23, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Dec 23, 2023

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

Who buys my oilOil price check

773.30 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

Check your decimal on this lease
Permits for Cowtowns Cat 3903D
API numberWell no.Acreson the permit
42-383-414974HB773.30

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

Unit decimal checker

What SM Energy Company told investors it received

Civitas Permian Operating, LLC is linked to SM Energy Company (CIVI).
Realized prices reported by SM Energy Company
QuarterOil$ per bblFiling
Q2 2026$96.85SEC filing
Q1 2026$73.69SEC filing
Q3 2025$65.24SEC filing
Q2 2025$63.87SEC filing
Q1 2025$70.90SEC filing
Q4 2024$69.96SEC filing

SourceSM Energy Company quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

26 months, newest first

Ledger for COWTOWNS CAT 3903D
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20265,0985,10078,90478,81985$80.46$2.89
Jun 20263,0943,09359,14359,05093$84.81$3.15
May 20263,0713,05467,28667,21769$102.13$2.94
Apr 20263,1053,11065,27965,033246$100.32$2.77
Mar 20263,9453,95767,71467,65064$91.38$3.04
Feb 20263,9123,93754,99654,864132$64.51$3.62
Jan 20264,6864,67052,75252,331421$60.04$7.72
Dec 20256,6496,64350,16650,019147$57.97$4.26
Nov 20255,1915,22139,37339,202171$60.06$3.79
Oct 20255,8385,78764,57364,431142$60.89$3.19
Sep 20255,5255,54866,96166,817144$63.96$2.97
Aug 20257,3997,43574,22174,068153$64.86$2.91
Jul 202510,64310,59363,93363,691242$68.39$3.20
Jun 20258,4498,52956,99655,7011,295$68.17$3.02
May 20255,7245,71548,87447,892982$62.17$3.12
Apr 20256,1946,21360,47560,37996$63.54$3.42
Mar 20257,6577,62983,99183,728263$68.24$4.12
Feb 20257,2177,25077,26476,911353$71.53$4.19
Jan 20259,2549,25378,47978,41366$75.74$4.13
Dec 202410,77310,82092,52592,46857$70.12$3.01
Nov 202414,53314,51885,63985,394245$69.95$2.12
Oct 202415,06315,07595,40694,604164$71.99$2.20
Sep 202420,17420,224119,412117,9711,441$70.24$2.28
Aug 202430,69830,688112,580110,7881,792$76.68$1.99
Jul 202422,49722,25829,75325,8003,953$81.80$2.07
Jun 202400000$79.77$2.54

Flared above 3%

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

OperatorCivitas Permian Operating, LLCFieldSpraberry (Trend Area)CountyReagan County

Civitas Permian Operating, LLC in Reagan County

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Spraberry (Trend Area) field

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