COWAN UNIT

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the GIRLIE CALDWELL (GOODLAND LM) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15266District 06Field 35060500OilCasinghead gasSave
Value, all time
$11.8 M
Oct 2013 – May 2026
Value, last 12 filed months
$266 k
at the published price for each month
Months reported
152
no gaps in the span
Streams
2
oil, casinghead gas

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition166,923 bbl$11,604,751
Casinghead gasProduction67,237 Mcf$229,894
Total$11,834,645

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.1851, -95.4111. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.18513, -95.41105 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,994 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,994 ft.

Completions filed
May 2026
1 of 1 wells

1 well

42-423323351H8,994 ftMay 2026

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (152)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

152 months

May 2026041106.413.05$125
Apr 202604098.932.87$115
Mar 202664729489.753.15$58,994
Feb 2026223463.503.75$1,005
Jan 202632037559.138.00$21,921
Dec 202534336156.664.41$21,028
Nov 202549227158.593.93$29,890
Oct 202516944959.383.30$11,519
Sep 202550450962.743.08$33,187
Aug 202547950663.933.01$32,148
Jul 202533130666.743.32$23,105
Jun 202549124666.483.13$33,411
May 202516631660.553.23$11,073
Apr 202548836562.363.54$31,725
Mar 202533039067.704.27$24,006
Feb 202562843370.884.34$46,392
Jan 202516854274.324.28$14,805
Dec 202450945968.993.12$36,549
Nov 202433326069.052.20$23,565
Oct 202447742471.372.28$35,011
Sep 202431845369.612.36$23,207
Aug 202467962175.632.06$52,634
Jul 20243159479.932.15$25,380
Jun 202448720978.082.63$38,575
May 202433328678.812.20$26,872
Apr 202448633084.451.66$41,590
Mar 202432336080.301.55$26,493
Feb 202466844876.091.78$51,627
Jan 202416741973.023.30$13,576
Dec 202349653771.262.61$36,747
Nov 202351135477.892.81$40,796
Oct 202381734785.443.09$70,876
Sep 202306089.042.74$164
Aug 202315311580.522.67$12,627
Jul 202349465074.852.64$38,693
Jun 202332939968.962.26$23,589
May 202349362570.622.23$36,208
Apr 202334245978.122.24$27,744
Mar 202366742272.852.39$49,601
Feb 202314733375.112.47$11,862
Jan 202348137176.533.39$38,068
Dec 202232936276.415.73$27,213
Nov 202249641085.005.65$44,475
Oct 202248843687.185.86$45,100
Sep 202234143484.888.16$32,487
Aug 202247144694.529.13$48,590
Jul 2022487444101.587.54$52,818
Jun 2022494451115.097.98$60,452
May 2022654460109.378.43$75,407
Apr 20225010104.226.84$52,214
Mar 2022649466108.885.08$73,029
Feb 202232646691.054.86$31,947
Jan 202268256581.844.54$58,379
Dec 202163423271.323.90$46,121
Nov 202182237477.435.24$65,606
Oct 202167747579.795.71$56,732
Sep 202149246969.865.35$36,881
Aug 202195045666.024.22$64,644
Jul 2021332070.783.98$23,499
Jun 202148551069.493.38$35,427
May 202197950663.483.02$63,674
Apr 202198946560.362.76$60,979
Mar 202149021661.302.72$30,624
Feb 202102057.805.55$111
Jan 202146631150.412.81$24,365
Dec 202099427944.642.68$45,119
Nov 202049825938.772.71$20,008
Oct 202031421636.972.48$12,144
Sep 20201,45732237.091.99$54,681
Aug 2020328839.982.39$807
Jul 202069135438.371.83$27,160
Jun 202086031734.901.69$30,550
May 2020021816.921.81$396
Apr 202085027914.751.80$13,041
Mar 202051334230.341.86$16,199
Feb 202055329849.881.98$28,174
Jan 202089735857.252.09$52,103
Dec 201954335359.012.30$32,856
Nov 201970639555.302.75$40,128
Oct 20191,06434553.472.42$57,726
Sep 201969443255.052.66$39,353
Aug 20191,20241553.112.30$64,795
Jul 20191,21034056.272.46$68,923
Jun 201986023452.782.49$45,974
May 20191,05225958.482.74$62,231
Apr 20191,04922262.632.75$66,310
Mar 201913456.803.06$161
Feb 2019174050.852.79$8,848
Jan 20195182846.033.23$23,934
Dec 20186968246.594.19$32,770
Nov 20183474352.934.24$18,549
Oct 20183371861.443.40$20,766
Sep 20180059.543.11$0
Aug 2018338059.403.07$20,077
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201851813962.874.01$33,124
Dec 20171,02035157.272.92$59,441
Nov 20171,02533755.423.12$57,856
Oct 201785338949.292.98$43,205
Sep 20171,03856047.523.09$51,055
Aug 20171,01047245.373.00$47,242
Jul 20171,19849343.873.09$54,078
Jun 201751153542.493.09$23,364
May 20171,17095145.373.26$56,186
Apr 20171,19690847.933.21$60,240
Mar 201782788246.772.98$41,310
Feb 20171,15385750.452.95$60,699
Jan 20171,17371549.413.42$60,402
Dec 20161,21586848.763.72$62,475
Nov 20161,50451342.492.64$65,262
Oct 20161,20523046.193.09$56,370
Sep 20168632641.553.10$35,938
Aug 20163532041.442.92$14,687
Jul 20161,34637641.622.92$57,120
Jun 20161,06030245.352.69$48,882
May 20161,24338942.521.99$53,627
Apr 20161,09030636.561.99$40,460
Mar 20161,24527033.011.79$41,582
Feb 20161,75994426.472.06$48,509
Jan 20161,39912327.352.36$38,553
Dec 20150032.362.00$0
Nov 20151,0561,32538.792.17$43,834
Oct 20151,7851,82543.552.43$82,165
Sep 20151,9111,68342.992.76$86,796
Aug 20151,7301,90640.162.87$74,952
Jul 20152,0571,70648.152.95$104,069
Jun 20152,17676556.152.88$124,388
May 20152,2681,59655.212.96$129,933
Apr 20152,2082,16649.822.71$115,865
Mar 20153,6782,51042.892.93$165,116
Feb 20151,84024644.662.98$82,907
Jan 20152,4337843.433.10$105,907
Dec 20142,454054.693.59$134,209
Nov 20143,315070.464.25$233,575
Oct 20142,089078.303.90$163,569
Sep 20142,405086.164.05$207,215
Aug 20143,99845589.394.04$359,217
Jul 20143,87444296.564.18$375,921
Jun 20143,560098.164.74$349,450
May 20145,00248394.734.73$476,122
Apr 20146,08880995.944.81$587,973
Mar 20145,67293195.895.06$548,596
Feb 20147,4321,46797.406.19$732,960
Jan 20145,9331,20090.404.86$542,176
Dec 20135,1341,15091.824.35$476,412
Nov 201312,6132,12188.853.74$1,128,594
Oct 20130097.423.78$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas        41 Mcf  × $  3.05 =       $125

────────────────────────────────────────────────────
Month total                                     $125

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/O/15266 is the state's own key, not one this site invented.