Texas oil lease

Producing

COWTOWNS CAT 4603D

Name: COWTOWNS CAT 4603D monthly oil and gas production, Reagan County, Texas
Creator: Texas Railroad Commission

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

1 well

66,811bbl oil, last 12 months

Operator: Civitas Permian Operating, LLC
County: Reagan County
Field: Spraberry (Trend Area)
RRC lease: 7C-22972

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Where it sits

This county

Reagan County

Gas, last 12 months: 526,787 mcf
Oil in Jul 2026: 3,585 bbl

Production by month

Oil output fell 76% since May 2025

Oil (bars)
Gas (line)

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)

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Processing plant (3)
100% · 525,386 mcf
Flared (4)
0.3% · 1,401 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 4603D
API number	Well no.	Status
42-383-41856	4LB	Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From
Medallion Operating Company, LLC	Oil	Gathers	100	Nov 15, 2024
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Buys	100	Nov 15, 2024
Targa Pl Mid-Cont Westtex LLC	Casinghead gas	Gathers	100	Nov 15, 2024

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

Who buys my oil Oil 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.

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Permits for Cowtowns Cat 4603D
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-383-41856	4LB	Sep 20, 2024	Nov 15, 2024	590.57	Horizontal, allocation

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
Quarter	Oil$ per bbl	Gas$ per mcf	Gas liquids$ per bbl	Filing
Q2 2026	$96.85	$0.17	$24.69	SEC filing
Q1 2026	$73.69	$1.72	$21.58	SEC filing
Q3 2025	$65.24	$1.29	$18.21	SEC filing
Q2 2025	$63.87	$1.00	$18.99	SEC filing
Q1 2025	$70.90	$2.48	$24.07	SEC filing
Q4 2024	$69.96	$1.14	$21.47	SEC filing

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

Estimate your royalty

15 months, newest first

Ledger for COWTOWNS CAT 4603D
Month	Oil producedbbl	Oil soldbbl	Gas producedmcf	Gas soldmcf, codes 2+3	Flaredmcf	WTI$/bbl	Henry Hub$/MMBtu
Jul 2026	3,585	3,603	35,098	35,060	38	$80.46	$2.89
Jun 2026	3,096	3,109	33,945	33,892	53	$84.81	$3.15
May 2026	3,839	3,815	43,176	43,132	44	$102.13	$2.94
Apr 2026	3,759	3,760	41,909	41,751	158	$100.32	$2.77
Mar 2026	4,360	4,367	47,648	47,603	45	$91.38	$3.04
Feb 2026	3,945	3,954	40,189	40,093	96	$64.51	$3.62
Jan 2026	3,858	3,840	38,326	38,021	305	$60.04	$7.72
Dec 2025	5,058	5,078	49,132	48,987	145	$57.97	$4.26
Nov 2025	5,890	5,921	45,172	44,976	196	$60.06	$3.79
Oct 2025	6,459	6,437	39,673	39,586	87	$60.89	$3.19
Sep 2025	10,249	10,263	48,862	48,758	104	$63.96	$2.97
Aug 2025	12,713	12,762	63,657	63,527	130	$64.86	$2.91
Jul 2025	16,696	16,706	40,379	40,228	151	$68.39	$3.20
Jun 2025	26,220	26,089	31,198	30,516	682	$68.17	$3.02
May 2025	1,157	1,129	2,307	2,262	45	$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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