COWDEN RANCH -7-

Operated by RUST OIL CORP. (P-5 737890) in the COWDEN (PENN DETRITAL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32581District 08Field 21287500OilCasinghead gasSaveExport
Value, all time
$7.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 6 leases and 8 wells, and the rule below applies to all of them.

Discovered
1962-04-12
as the register files it
Field class
Oil
the register's own label
Between wells
1,120 ft
minimum
From a lease line
560 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1990-07-01.

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
OilDisposition181,890 bbl$6,894,091
Casinghead gasProduction207,960 Mcf$687,630
Total$7,581,721

54,530 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (3)

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 31.8588, -102.5241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.85790, -102.52447 · 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 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
9,000 ft
3 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.
3100.0%

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

Between 9,000 and 9,150 ft, median 9,000 ft, over the 3 wells that filed a depth.

Completions filed
Apr 1986 – Jun 1987
3 of 3 wells

3 wells

42-1353552059,000 ftJun 1987
42-1353537249,000 ftFeb 1987
42-1353526629,150 ftApr 1986

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 (401)

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

401 months

May 20261020106.413.05$10,854
Apr 2026114098.932.87$11,278
Mar 2026114089.753.15$10,232
Feb 2026156063.503.75$9,906
Jan 202657059.138.00$3,370
Dec 2025115056.664.41$6,516
Nov 2025163058.593.93$9,550
Oct 2025114059.383.30$6,769
Sep 2025113062.743.08$7,090
Aug 2025113063.933.01$7,224
Jul 2025113066.743.32$7,542
Jun 2025113066.483.13$7,512
May 202551060.553.23$3,088
Apr 2025102062.363.54$6,361
Mar 2025108067.704.27$7,312
Feb 2025167070.884.34$11,837
Jan 2025225074.324.28$16,722
Dec 2024227068.993.12$15,661
Nov 2024283069.052.20$19,541
Oct 2024112071.372.28$7,993
Sep 2024113069.612.36$7,866
Aug 2024110075.632.06$8,319
Jul 20240079.932.15$0
Jun 2024113078.082.63$8,823
May 2024112078.812.20$8,827
Apr 2024113084.451.66$9,543
Mar 20240080.301.55$0
Feb 202457076.091.78$4,337
Jan 20240073.023.30$0
Dec 2023108071.262.61$7,696
Nov 2023110077.892.81$8,568
Oct 2023114085.443.09$9,740
Sep 2023108089.042.74$9,616
Aug 202356080.522.67$4,509
Jul 202357074.852.64$4,266
Jun 2023168068.962.26$11,585
May 202356070.622.23$3,955
Apr 2023166078.122.24$12,968
Mar 20230072.852.39$0
Feb 2023171075.112.47$12,844
Jan 2023171076.533.39$13,087
Dec 2022229076.415.73$17,498
Nov 202256085.005.65$4,760
Oct 2022113087.185.86$9,851
Sep 2022112084.888.16$9,507
Aug 2022166094.529.13$15,690
Jul 20221140101.587.54$11,580
Jun 20222240115.097.98$25,780
May 2022550109.378.43$6,015
Apr 20221120104.226.84$11,673
Mar 20222260108.885.08$24,607
Feb 2022114091.054.86$10,380
Jan 2022114081.844.54$9,330
Dec 2021228071.323.90$16,261
Nov 2021170077.435.24$13,163
Oct 2021283079.795.71$22,581
Sep 2021112069.865.35$7,824
Aug 2021113066.024.22$7,460
Jul 2021169070.783.98$11,962
Jun 2021226069.493.38$15,705
May 2021112063.483.02$7,110
Apr 2021167060.362.76$10,080
Mar 202179061.302.72$4,843
Feb 202157057.805.55$3,295
Jan 2021227050.412.81$11,443
Dec 2020114044.642.68$5,089
Nov 2020211038.772.71$8,180
Oct 2020169036.972.48$6,248
Sep 2020113037.091.99$4,191
Aug 202062039.982.39$2,479
Jul 202062038.371.83$2,379
Jun 2020125034.901.69$4,363
May 202031016.921.81$525
Apr 2020125014.751.80$1,844
Mar 202014030.341.86$425
Feb 202094049.881.98$4,689
Jan 2020126057.252.09$7,214
Dec 2019127059.012.30$7,494
Nov 2019126055.302.75$6,968
Oct 2019125053.472.42$6,684
Sep 201992055.052.66$5,065
Aug 2019195053.112.30$10,356
Jul 2019125056.272.46$7,034
Jun 2019945652.782.49$5,101
May 201915619858.482.74$9,665
Apr 201915518662.632.75$10,219
Mar 201912618756.803.06$7,729
Feb 201915916850.852.79$8,554
Jan 201912616546.033.23$6,332
Dec 201812715046.594.19$6,545
Nov 20189510652.934.24$5,478
Oct 201812420061.443.40$8,298
Sep 20184016259.543.11$2,885
Aug 201884059.403.07$4,990
Jul 20189315565.142.93$6,512
Jun 20189411660.183.08$6,014
May 201815715265.382.90$10,706
Apr 201816020763.842.90$10,815
Mar 201819024061.222.79$12,301
Feb 201815926461.782.77$10,553
Jan 201815824562.874.01$10,916
Dec 201715929357.272.92$9,962
Nov 201722126155.423.12$13,062
Oct 201715921149.292.98$8,467
Sep 201725820547.523.09$12,893
Aug 201719523645.373.00$9,556
Jul 20171939443.873.09$8,757
Jun 201719220842.493.09$8,800
May 201713117845.373.26$6,524
Apr 201719223447.933.21$9,954
Mar 201725623146.772.98$12,662
Feb 201712722350.452.95$7,066
Jan 201731824749.413.42$16,557
Dec 20166524948.763.72$4,096
Nov 201619225442.492.64$8,830
Oct 201619326446.193.09$9,731
Sep 201619022341.553.10$8,586
Aug 201619121741.442.92$8,550
Jul 201619224041.622.92$8,693
Jun 201619046445.352.69$9,863
May 20161947542.521.99$8,398
Apr 201625611536.561.99$9,588
Mar 201619023333.011.79$6,690
Feb 2016257026.472.06$6,803
Jan 20161909127.352.36$5,412
Dec 201512924932.362.00$4,673
Nov 201512823938.792.17$5,483
Oct 201525316243.552.43$11,411
Sep 201538332042.992.76$17,348
Aug 201531730840.162.87$13,615
Jul 201531531648.152.95$16,098
Jun 201519136656.152.88$11,780
May 201525031455.212.96$14,731
Apr 201526548649.822.71$14,518
Mar 201526431942.892.93$12,259
Feb 201519628144.662.98$9,590
Jan 201526133743.433.10$12,380
Dec 201413334554.693.59$8,513
Nov 201432328670.464.25$23,975
Oct 201432216678.303.90$25,860
Sep 201432340086.164.05$29,448
Aug 201431830189.394.04$29,641
Jul 201425641396.564.18$26,446
Jun 201432240198.164.74$33,507
May 201432423794.734.73$31,813
Apr 20143259195.944.81$31,618
Mar 20143248695.895.06$31,503
Feb 20141968897.406.19$19,635
Jan 201431511490.404.86$29,030
Dec 20133338791.824.35$30,955
Nov 20131268688.853.74$11,517
Oct 201332310497.423.78$31,860
Sep 2013196228104.113.72$21,253
Aug 2013196285104.253.52$21,437
Jul 2013312345102.523.72$33,269
Jun 201325737294.403.93$25,724
May 201326120294.834.15$25,589
Apr 201316838593.964.28$17,434
Mar 201322337693.623.91$22,349
Feb 201316837091.233.42$16,592
Jan 201322441391.603.42$21,931
Dec 201216741986.773.42$15,924
Nov 201217142386.953.62$16,402
Oct 201222444989.383.40$21,548
Sep 201226843594.672.92$26,641
Aug 201221946092.662.91$21,630
Jul 201222742385.133.02$20,602
Jun 201228141179.822.52$23,465
May 201222244891.612.49$21,452
Apr 2012335430101.652.00$34,911
Mar 2012227433105.052.22$24,809
Feb 2012283388101.102.57$29,609
Jan 201233342398.092.73$33,820
Dec 201122537396.873.24$23,004
Nov 201127835795.723.31$27,792
Oct 201127736584.983.65$24,871
Sep 201127233483.623.99$24,076
Aug 201111343783.404.15$11,237
Jul 201133546594.144.52$33,637
Jun 201127651892.904.64$28,044
May 201138945398.134.40$40,168
Apr 2011337208105.964.33$36,610
Mar 201144538296.364.06$44,430
Feb 201121440185.644.18$20,003
Jan 201132847586.504.59$30,552
Dec 201039247485.734.35$35,667
Nov 201033642380.843.80$28,768
Oct 201038916378.103.51$30,953
Sep 201032529572.633.98$24,779
Aug 20103883873.684.42$28,756
Jul 201033639672.554.74$26,252
Jun 201033045370.364.91$25,443
May 201036440271.124.24$27,590
Apr 201032936481.694.12$28,377
Mar 201039149578.394.39$32,823
Feb 201027949173.585.44$23,201
Jan 201033251074.365.96$27,729
Dec 200929546771.445.48$23,636
Nov 200938152974.593.75$30,403
Oct 200943756372.544.11$34,014
Sep 200944751365.543.06$30,869
Aug 200944153667.423.22$31,457
Jul 200944537961.133.46$28,516
Jun 200950638966.163.90$34,992
May 200943957554.743.93$26,288
Apr 200949659746.773.59$25,340
Mar 200951232842.144.06$22,907
Feb 200939040532.814.63$14,672
Jan 200953561935.865.37$22,510
Dec 200845960537.105.98$20,645
Nov 200846551055.496.86$29,302
Oct 200852063275.246.92$43,499
Sep 2008440350101.767.88$47,531
Aug 2008451579114.228.48$56,425
Jul 2008326419131.0811.39$47,504
Jun 2008434593131.3313.03$64,726
May 2008505717123.1711.57$70,500
Apr 2008493694110.3110.45$61,639
Mar 2008569678101.909.66$64,533
Feb 200844559692.538.77$46,403
Jan 200843268190.388.21$44,632
Dec 200747867188.337.30$47,121
Nov 200744068491.677.29$45,322
Oct 200749172682.856.92$45,705
Sep 200731757075.846.24$27,600
Aug 200754577469.066.39$42,582
Jul 200744279070.906.39$36,384
Jun 200751772562.007.55$37,527
May 200753674758.747.85$37,346
Apr 200761370759.617.81$42,059
Mar 200740268756.927.30$27,898
Feb 200754066255.108.22$35,193
Jan 200755765550.306.73$32,423
Dec 200641471556.656.92$28,400
Nov 200640840254.207.62$25,176
Oct 200645473854.906.01$29,363
Sep 200640369360.085.04$27,703
Aug 200645978568.717.34$37,300
Jul 200652276869.376.34$41,082
Jun 200643343566.286.38$31,476
May 200639123566.016.42$27,320
Apr 200643046264.397.36$31,088
Mar 200635862956.707.08$24,754
Feb 2006419057.597.75$24,130
Jan 200638856160.598.93$28,521
Dec 200552369354.9413.42$38,030
Nov 200557572654.6910.59$39,134
Oct 200537377958.3413.80$32,508
Sep 200556878361.4512.08$44,361
Aug 200561774361.519.80$45,231
Jul 2005441055.697.84$24,559
Jun 2005490052.337.38$25,642
May 200554561645.226.65$28,742
Apr 200549067049.207.36$29,040
Mar 200554969250.377.15$32,604
Feb 200547261645.226.31$25,232
Jan 200550769943.166.32$26,301
Dec 200434952739.866.75$17,469
Nov 200452869445.286.33$28,301
Oct 200452469049.706.52$30,538
Sep 200455177043.245.28$27,894
Aug 200449577042.375.55$25,247
Jul 200448374438.286.08$23,016
Jun 200454778336.106.43$24,784
May 200461477337.486.49$28,033
Apr 200455367234.475.86$22,999
Mar 200453073334.365.53$22,264
Feb 200458368432.455.51$22,687
Jan 200442767532.036.30$17,929
Dec 200354170030.266.30$20,782
Nov 200352769928.804.60$18,390
Oct 200358975328.174.76$20,176
Sep 200358275926.314.75$18,917
Aug 20036351,10329.765.13$24,556
Jul 20034671,03329.415.17$19,076
Jun 200347494828.565.98$19,209
May 20035191,09526.595.97$20,340
Apr 20035401,10726.675.41$20,388
Mar 200351088931.146.10$21,301
Feb 200345582033.487.93$21,733
Jan 200347592330.315.58$19,549
Dec 200263293526.914.85$21,545
Nov 200247183924.664.14$15,086
Oct 20025001,08026.464.23$17,797
Sep 20026071,29327.443.64$21,356
Aug 20026001,20725.963.16$19,395
Jul 20028191,40124.583.06$24,421
Jun 20027301,40123.733.34$22,000
May 200251897424.663.58$16,265
Apr 20026031,08223.653.51$18,061
Mar 20026141,00522.003.10$16,626
Feb 200252994018.222.38$11,872
Jan 20026941,07117.172.38$14,460
Dec 20016721,13616.932.36$14,063
Nov 20016671,09518.072.41$14,687
Oct 20017561,12019.782.53$17,786
Sep 20016361,00624.262.25$17,694
Aug 200155187724.873.05$16,381
Jul 200159788423.933.20$17,112
Jun 200154383924.563.82$16,545
May 200166897925.524.31$21,264
Apr 200150967724.685.34$16,174
Mar 200163085124.545.38$20,036
Feb 200148363227.755.77$17,048
Jan 200156065927.478.40$20,918
Dec 200045244426.889.12$16,200
Nov 200061464132.215.66$23,404
Oct 200067974031.235.15$25,013
Sep 200071671331.875.19$26,517
Aug 200064473029.644.54$22,403
Jul 200066271428.534.09$21,807
Jun 200052865029.304.40$18,329
May 200047847027.263.68$14,760
Apr 200055851324.513.12$15,275
Mar 200063761528.422.86$19,862
Feb 200061258427.622.73$18,496
Jan 200060553925.272.48$16,625
Dec 199961462424.282.42$16,420
Nov 199972760523.192.43$18,332
Oct 199978164720.982.80$18,199
Sep 199962175421.752.62$15,481
Aug 19998031,19719.262.88$18,908
Jul 19997801,15417.892.37$16,692
Jun 19998021,08815.942.36$15,354
May 19998731,13215.792.32$16,412
Apr 19998841,03115.102.21$15,625
Mar 19995731,09712.471.84$9,162
Feb 19996031,0359.981.82$7,899
Jan 19996891,02510.381.90$9,099
Dec 19986418569.201.77$7,415
Nov 19987291,04010.892.19$10,212
Oct 19988311,09212.421.97$12,471
Sep 19988651,10512.592.08$13,192
Aug 19987661,09211.301.91$10,739
Jul 19987841,15311.742.24$11,784
Jun 199868072811.242.24$9,272
May 199892597012.622.21$13,814
Apr 199870291013.042.51$11,434
Mar 199894798312.802.31$14,392
Feb 199890595013.952.30$14,809
Jan 19981,00399514.702.15$16,888
Dec 199792196416.322.41$17,355
Nov 19979891,16918.193.09$21,600
Oct 199788490519.253.15$19,868
Sep 19978521,07317.742.95$18,285
Aug 19979101,20317.862.55$19,326
Jul 19979871,14017.582.25$19,913
Jun 19978301,05917.242.26$16,700
May 19979161,06718.972.31$19,840
Apr 19979491,01917.882.08$19,090
Mar 199784193818.951.94$17,756
Feb 19971,04194220.492.21$23,408
Jan 199781392123.483.54$22,349
Dec 199683377123.32$19,426
Nov 199694990021.97$20,850
Oct 19968711,09823.31$20,303
Sep 199682793422.22$18,376
Aug 19961,0291,11120.26$20,848
Jul 19961,1431,13919.55$22,346
Jun 19969131,00218.73$17,100
May 19961,0611,09519.43$20,615
Apr 19969961,03921.51$21,424
Mar 19961,01695819.38$19,690
Feb 199694595216.98$16,046
Jan 19961,1101,03217.07$18,948
Dec 199592796217.19$15,935
Nov 199592791516.00$14,832
Oct 19951,1141,21115.43$17,189
Sep 19951,1161,08416.18$18,057
Aug 19951,0711,10315.92$17,050
Jul 19951,2281,21215.24$18,715
Jun 19951,03195016.41$16,919
May 19951,2891,14917.56$22,635
Apr 19951,2991,16017.73$23,031
Mar 19951,19695616.44$19,662
Feb 19951,06693816.58$17,674
Jan 19951,20896515.92$19,231
Dec 19941,3881,05315.03$20,862
Nov 19941,01788615.90$16,170
Oct 19941,4401,19915.58$22,435
Sep 19941,0791,33815.29$16,498
Aug 19941,1701,44616.13$18,872
Jul 19941,0221,41217.56$17,946
Jun 19941,0731,38517.09$18,338
May 19941,07697515.88$17,087
Apr 19941,0471,23514.14$14,805
Mar 19941,1541,30312.46$14,379
Feb 19949711,03812.50$12,138
Jan 19941,0991,19512.66$13,913
Dec 19931,1251,22612.33$13,871
Nov 19931,1231,17614.49$16,272
Oct 19931,1971,36615.85$18,972
Sep 19931,1461,37115.03$17,224
Aug 19931,1251,18015.66$17,618
Jul 19931,0501,21715.46$16,233
Jun 19931,2841,47516.79$21,558
May 19931,3091,37117.68$23,143
Apr 19931,3041,28818.05$23,537
Mar 19931,2021,30718.14$21,804
Feb 19931,2301,15417.90$22,017
Jan 19931,3571,29816.93$22,974

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                  102 bbl  × $106.41 =    $10,854
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $10,854

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. 08/O/32581 is the state's own key, not one this site invented.