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Texas oil lease

Producing

COWTOWNS CAT 4603C

Cowtowns Cat 4603C is an oil lease in Reagan County, Texas, operated by Civitas Permian Operating, LLC in the Spraberry (Trend Area) field.

1 well

65,338bbl oil, last 12 months
Operator
Civitas Permian Operating, LLC
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-22971

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas, last 12 months
266,752 mcf
Oil in Jul 2026
2,862 bbl

Production by month

Oil output fell 61% since May 2025

  • Oil (bars)
  • Gas (line)
Oil output fell 61% since May 2025Monthly oil production and gas for COWTOWNS CAT 4603C, May 2025 to Jul 2026. Oil output fell 61% since May 2025. Monthly average of 3,672 bbl in the latest 3 months, against 9,433 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40kJul 25OctJan 26AprJul
Oil output fell 61% since May 2025Monthly oil production and gas for COWTOWNS CAT 4603C, May 2025 to Jul 2026. Oil output fell 61% since May 2025. Monthly average of 3,672 bbl in the latest 3 months, against 9,433 bbl in the first 3.bbl per monthmcf per month005,00010k10k20k15k30k20k40kJul 25Jan 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

  • Processing plant (3)
  • Flared (4)
Over 99% of the gas went to a processing plant in the last 12 monthsShare of COWTOWNS CAT 4603C gas by disposition code each month, May 2025 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Jul 25OctJan 26AprJul
Over 99% of the gas went to a processing plant in the last 12 monthsShare of COWTOWNS CAT 4603C gas by disposition code each month, May 2025 to Jul 2026. Over 99% of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jul 25Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    100% · 266,034 mcf

  • Flared (4)

    0.3% · 718 mcf

0.3% of the gas flared in the last 12 months. No month above 3%.

1 well on this lease

Wells on COWTOWNS CAT 4603C
API numberWell no.Status
42-383-418553HAActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Nov 28, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 28, 2024
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Nov 28, 2024

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

Who buys my oilOil price check

590.57 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 4603C
API numberWell no.Acreson the permit
42-383-418553HA590.57

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

15 months, newest first

Ledger for COWTOWNS CAT 4603C
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,8622,90115,88615,86917$80.46$2.89
Jun 20263,8543,86415,76015,73525$84.81$3.15
May 20264,2994,27520,35220,33121$102.13$2.94
Apr 20264,3604,36120,26820,19276$100.32$2.77
Mar 20265,0545,06623,05123,03021$91.38$3.04
Feb 20264,7564,77021,24721,19750$64.51$3.62
Jan 20264,8154,78820,54120,379162$60.04$7.72
Dec 20255,9085,92124,97524,90273$57.97$4.26
Nov 20256,0206,05924,72724,621106$60.06$3.79
Oct 20256,9866,93522,78422,73549$60.89$3.19
Sep 20257,8567,85725,98725,93255$63.96$2.97
Aug 20258,5688,60431,17431,11163$64.86$2.91
Jul 202511,63111,62425,67125,57695$68.39$3.20
Jun 202515,88815,81116,62216,261361$68.17$3.02
May 20257797602132103$62.17$3.12

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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