COWAN

Operated by CANAN OPERATING, INC. (P-5 128979) in the SEYMOUR (CADDO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26872District 09Field 82478333OilCasinghead gasSave
Value, all time
$1.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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
OilDisposition28,970 bbl$1,072,544
Casinghead gasProduction193 Mcf$761
Total$1,073,304

48 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 (2)

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 33.6405, -99.0450. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.64050, -99.04494 · 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
100.0%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,328 ft
2 wells filed one
Completion to plug
31.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 5,195 and 5,460 ft, median 5,328 ft, over the 2 wells that filed a depth.

Completions filed
Nov 1987 – Dec 1988
2 of 2 wells
Plug dates filed
Feb 2020
2 of 2 wells

Last completion to plug: a median of 31.8 years across the 2 wells that filed both dates, with the middle half between 31.4 years and 32.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-0233137135,195 ftDec 1988Feb 2020Yes
42-0233133315,460 ftNov 1987Feb 2020Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 201969053.472.42$3,689
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
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 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 2017110045.373.26$4,991
Apr 20170047.933.21$0
Mar 2017104046.772.98$4,864
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016105048.763.72$5,120
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016103041.553.10$4,280
Aug 20160041.442.92$0
Jul 2016101041.622.92$4,204
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016108036.561.99$3,948
Mar 20160033.011.79$0
Feb 2016101026.472.06$2,673
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015101043.552.43$4,399
Sep 20150042.992.76$0
Aug 201597040.162.87$3,896
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201599055.212.96$5,466
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201569044.662.98$3,082
Jan 20152043.433.10$87
Dec 20142054.693.59$109
Nov 2014103070.464.25$7,257
Oct 20140078.303.90$0
Sep 201499086.164.05$8,530
Aug 201499089.394.04$8,850
Jul 20142096.564.18$193
Jun 2014100098.164.74$9,816
May 20141094.734.73$95
Apr 2014103095.944.81$9,882
Mar 20142095.895.06$192
Feb 2014103097.406.19$10,032
Jan 2014101090.404.86$9,130
Dec 20130091.824.35$0
Nov 2013105088.853.74$9,329
Oct 2013107097.423.78$10,424
Sep 201330104.113.72$312
Aug 20131040104.253.52$10,842
Jul 201330102.523.72$308
Jun 2013111094.403.93$10,478
May 2013105094.834.15$9,957
Apr 20132093.964.28$188
Mar 2013104093.623.91$9,736
Feb 2013243091.233.42$22,169
Jan 2013187091.603.42$17,129
Dec 20126086.773.42$521
Nov 2012174086.953.62$15,129
Oct 2012175089.383.40$15,642
Sep 2012175094.672.92$16,567
Aug 2012353092.662.91$32,709
Jul 2012177085.133.02$15,068
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090135.865.37$5
Dec 2008170137.105.98$6,313
Nov 2008171155.496.86$9,496
Oct 20080175.246.92$7
Sep 20081691101.767.88$17,205
Aug 200801114.228.48$8
Jul 20081631131.0811.39$21,377
Jun 20081671131.3313.03$21,945
May 200801123.1711.57$12
Apr 20081731110.3110.45$19,094
Mar 200801101.909.66$10
Feb 2008168192.538.77$15,554
Jan 20080190.388.21$8
Dec 2007172188.337.30$15,200
Nov 2007176191.677.29$16,141
Oct 20070182.856.92$7
Sep 2007167175.846.24$12,672
Aug 20070169.066.39$6
Jul 2007330170.906.39$23,403
Jun 20070162.007.55$8
May 20070158.747.85$8
Apr 2007164159.617.81$9,784
Mar 2007171156.927.30$9,741
Feb 2007179155.108.22$9,871
Jan 20070150.306.73$7
Dec 2006173156.656.92$9,807
Nov 2006171154.207.62$9,276
Oct 20060154.906.01$6
Sep 2006167160.085.04$10,038
Aug 2006175168.717.34$12,032
Jul 20060169.376.34$6
Jun 2006175166.286.38$11,605
May 20060166.016.42$6
Apr 2006176164.397.36$11,340
Mar 2006180156.707.08$10,213
Feb 20060157.597.75$8
Jan 2006178160.598.93$10,794
Dec 20050154.9413.42$13
Nov 2005181154.6910.59$9,909
Oct 20050158.3413.80$14
Sep 2005175161.4512.08$10,766
Aug 20050161.519.80$10
Jul 2005179155.697.84$9,976
Jun 20050152.337.38$7
May 2005184145.226.65$8,327
Apr 20050149.207.36$7
Mar 2005175150.377.15$8,822
Feb 2005180145.226.31$8,146
Jan 20050143.166.32$6
Dec 2004175139.866.75$6,982
Nov 20040145.286.33$6
Oct 2004174149.706.52$8,654
Sep 20040143.245.28$5
Aug 2004174142.375.55$7,378
Jul 2004179138.286.08$6,858
Jun 20040136.106.43$6
May 2004179137.486.49$6,715
Apr 2004174134.475.86$6,004
Mar 20040134.365.53$6
Feb 2004180132.455.51$5,847
Jan 20040132.036.30$6
Dec 2003175130.266.30$5,302
Nov 2003178128.804.60$5,131
Oct 20030128.174.76$5
Sep 2003158126.314.75$4,162
Aug 20030129.765.13$5
Jul 2003177129.415.17$5,211
Jun 20030128.565.98$6
May 2003160126.595.97$4,260
Apr 20030126.675.41$5
Mar 2003159131.146.10$4,957
Feb 2003172133.487.93$5,766
Jan 2003171130.315.58$5,189
Dec 2002170126.914.85$4,580
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 2002171127.443.64$4,696
Aug 2002169125.963.16$4,390
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 2002170124.663.58$4,196
Apr 2002153123.653.51$3,622
Mar 2002170122.003.10$3,743
Feb 20020118.222.38$2
Jan 2002173117.172.38$2,973
Dec 2001171116.932.36$2,897
Nov 20010118.072.41$2
Oct 2001169119.782.53$3,345
Sep 20010124.262.25$2
Aug 2001165124.873.05$4,107
Jul 2001168123.933.20$4,023
Jun 2001169124.563.82$4,154
May 20010125.524.31$4
Apr 2001140124.685.34$3,461
Mar 2001177124.545.38$4,349
Feb 2001168127.755.77$4,668
Jan 20010127.478.40$8
Dec 2000158126.889.12$4,256
Nov 2000177132.215.66$5,707
Oct 20000131.235.15$5
Sep 2000161131.875.19$5,136
Aug 2000175129.644.54$5,192
Jul 2000162128.534.09$4,626
Jun 20000129.304.40$4
May 2000164127.263.68$4,474
Apr 2000168124.513.12$4,121
Mar 2000174128.422.86$4,948
Feb 20000127.622.73$3
Jan 2000179125.272.48$4,526
Dec 1999181124.282.42$4,397
Nov 1999175123.192.43$4,061
Oct 1999171120.982.80$3,590
Sep 19990121.752.62$3
Aug 1999140119.262.88$2,699
Jul 1999171117.892.37$3,062
Jun 1999172115.942.36$2,744
May 1999172115.792.32$2,718
Apr 1999176115.102.21$2,660
Mar 19990112.471.84$2
Feb 199916419.981.82$1,639
Jan 1999161110.381.90$1,673
Dec 199818319.201.77$1,685
Nov 19980110.892.19$2
Oct 1998175112.421.97$2,175
Sep 1998178112.592.08$2,243
Aug 1998177111.301.91$2,002
Jul 19980111.742.24$2
Jun 1998156111.242.24$1,756
May 1998172112.622.21$2,173
Apr 1998150113.042.51$1,959
Mar 1998337112.802.31$4,316
Feb 19980113.952.30$2
Jan 1998181114.702.15$2,663
Dec 1997173116.322.41$2,826
Nov 19970118.193.09$3
Oct 1997180119.253.15$3,468
Sep 1997167117.742.95$2,966
Aug 1997169117.862.55$3,021
Jul 1997172117.582.25$3,026
Jun 1997172117.242.26$2,968
May 1997175118.972.31$3,322
Apr 1997176117.882.08$3,149
Mar 1997179118.951.94$3,394
Feb 1997173120.492.21$3,547
Jan 1997182123.483.54$4,277
Dec 1996175123.32$4,081
Nov 1996144121.97$3,164
Oct 1996141123.31$3,287
Sep 1996140122.22$3,111
Aug 1996136120.26$2,755
Jul 1996140119.55$2,737
Jun 1996139118.73$2,603
May 1996278119.43$5,402
Apr 1996136121.51$2,925
Mar 1996135119.38$2,616
Feb 1996292116.98$4,958
Jan 1996140117.07$2,390
Dec 1995142117.19$2,441
Nov 1995134116.00$2,144
Oct 1995239115.43$3,688
Sep 1995142116.18$2,298
Aug 1995134115.92$2,133
Jul 1995141115.24$2,149
Jun 1995142116.41$2,330
May 1995128117.56$2,248
Apr 1995270117.73$4,787
Mar 1995142116.44$2,334
Feb 1995142116.58$2,354
Jan 1995134115.92$2,133
Dec 1994141115.03$2,119
Nov 1994259115.90$4,118
Oct 1994140115.58$2,181
Sep 1994143115.29$2,186
Aug 1994144116.13$2,323
Jul 1994142117.56$2,494
Jun 1994278117.09$4,751
May 1994142115.88$2,255
Apr 1994138114.14$1,951
Mar 1994136112.46$1,695
Feb 1994139112.50$1,738
Jan 1994282112.66$3,570
Dec 1993143112.33$1,763
Nov 1993137114.49$1,985
Oct 1993138115.85$2,187
Sep 1993143115.03$2,149
Aug 1993280115.66$4,385
Jul 1993136115.46$2,103
Jun 1993133116.79$2,233
May 1993272117.68$4,809
Apr 1993130118.05$2,347
Mar 1993270118.14$4,898
Feb 1993138117.90$2,470
Jan 1993137116.93$2,319

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.

Oct 2019 — as filed, then multipliedworked
Oil                   69 bbl  × $ 53.47 =     $3,689
Casinghead gas         0 Mcf  × $  2.42 =         $0

────────────────────────────────────────────────────
Month total                                   $3,689

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. 09/O/26872 is the state's own key, not one this site invented.