Cowden 39-03

Oil & Gas Property in Midland County, TX

Property Summary

Key data points for Cowden 39-03

CountyMidland County, TX
OperatorXTO ENERGY INC.
Production DatesSep 2023 - May 2025
Total Oil Production5,317,526 BBLs
Total Gas Production13,437,629 MCF
Recent Oil Production129,678 BBLs in Apr 2025
Recent Gas Production374,220 MCF in Apr 2025
Wells on Property18

Our Valuation Estimates for Cowden 39-03

ShaleAssessment

Not Available

MarketMultiple

$20,284,937 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Cowden 39-03 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Cowden 39-03
from Sep 2023 to May 2025

Wells on Cowden 39-03

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-329-45624COWDEN 39-03 EAST UNIT 0313AHXTO ENERGY INC.ProducingMidland County, TX31.675602-101.989071
42-329-45625COWDEN 39-03 EAST UNIT 0324SHXTO ENERGY INC.ProducingMidland County, TX31.675624-101.988979
42-329-45626COWDEN 39-03 EAST UNIT 0304BHXTO ENERGY INC.ProducingMidland County, TX31.675669-101.988905
42-329-45627COWDEN 39-03 EAST UNIT 0314AHXTO ENERGY INC.ProducingMidland County, TX31.676371-101.985732
42-329-45628COWDEN 39-03 EAST UNIT 0325SHXTO ENERGY INC.ProducingMidland County, TX31.676393-101.985639
42-329-45629COWDEN 39-03 EAST UNIT 0305BHXTO ENERGY INC.ProducingMidland County, TX31.676416-101.985546
42-329-45630COWDEN 39-03 EAST UNIT 0315AHXTO ENERGY INC.ProducingMidland County, TX31.676437-101.985453
42-329-45631COWDEN 39-03 EAST UNIT 0326SHXTO ENERGY INC.ProducingMidland County, TX31.676460-101.985360
42-329-45632COWDEN 39-03 EAST UNIT 0306BHXTO ENERGY INC.ProducingMidland County, TX31.676481-101.985267
42-329-45663COWDEN 39-03 WEST UNIT 0321SHXTO ENERGY INC.ProducingMidland County, TX31.674504-101.993881
42-329-45664COWDEN 39-03 WEST UNIT 0301BHXTO ENERGY INC.ProducingMidland County, TX31.674524-101.993786
42-329-45665COWDEN 39-03 WEST UNIT 0311AHXTO ENERGY INC.ProducingMidland County, TX31.674556-101.993586
42-329-45666COWDEN 39-03 WEST UNIT 0331SHXTO ENERGY INC.Shut InMidland County, TX31.674535-101.993680
42-329-45677COWDEN 39-03 WEST UNIT 0322SHXTO ENERGY INC.ProducingMidland County, TX31.674574-101.993480
42-329-45678COWDEN 39-03 WEST UNIT 0302BHXTO ENERGY INC.ProducingMidland County, TX31.674598-101.993391
42-329-45685COWDEN 39-03 WEST UNIT 0312AHXTO ENERGY INC.ProducingMidland County, TX31.675542-101.989335
42-329-45686COWDEN 39-03 WEST UNIT 0323SHXTO ENERGY INC.ProducingMidland County, TX31.675556-101.989255
42-329-45687COWDEN 39-03 WEST UNIT 0303BHXTO ENERGY INC.ProducingMidland County, TX31.675581-101.989159

Leases included in Cowden 39-03

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-61416COWDEN 39-03 EAST UNITXTO ENERGY INC.Midland County, TX
08-61552COWDEN 39-03 WEST UNITXTO ENERGY INC.Midland County, TX

Nearby Properties

These are the closest 20 properties to the Cowden 39-03 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Atkins 47-02 UnitMidland County, TX27,190 BBLs476,052 MCFMay 2025
BarwestUpton County, TX0 BBLs0 MCFMay 2016
Benge CornerMidland County, TX2,015 BBLs6,031 MCFMay 2025
Bob MidkiffMidland County, TX21,456 BBLs312,249 MCFMay 2025
CMC Buttercup 25-37 UnitMidland County, TX99,748 BBLs309,451 MCFMay 2025
CowdenUpton County, TX17,401 BBLs55,964 MCFMay 2025
Douglass 36Midland County, TX0 BBLs0 MCFFeb 2022
Harper 1-12Midland County, TX2,155 BBLs15,788 MCFMay 2025
Leonard Revocable Trust UnitMidland County, TX64,944 BBLs111,438 MCFMay 2025
LRT Unit 1 AllocationMidland County, TX3,505 BBLs516 MCFMay 2025
LRT Unit 2 AllocationMidland County, TX1,954 BBLs5,177 MCFMay 2025
Midkiff 42-43Midland County, TX28,047 BBLs229,155 MCFMay 2025
MorelandMidland County, TX0 BBLs0 MCFMar 2025
TXL 21Midland County, TX26,929 BBLs287,384 MCFMay 2025
TXL 27Midland County, TX0 BBLs0 MCFMay 2025
TXL 32 Unit 1Midland County, TX675 BBLs2,311 MCFMay 2025
TXL 33 UnitMidland County, TX3,362 BBLs9,489 MCFMay 2025
TXL 35 UnitMidland County, TX774 BBLs4,851 MCFMay 2025
TXL 36 UnitMidland County, TX13,222 BBLs109,097 MCFMay 2025
Wilson Fannie 39Midland County, TX238 BBLs719 MCFMay 2025

Frac'ing activity on Cowden 39-03

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-329-45624Cowden 39-03 East Unit 0313AH
42-329-45625Cowden 39-03 East Unit 0324SH
42-329-45626Cowden 39-03 East Unit 0304BH
42-329-45627Cowden 39-03 East Unit 0314AH
42-329-45628Cowden 39-03 East Unit 0325SH
42-329-45629Cowden 39-03 East Unit 0305BH
42-329-45630Cowden 39-03 East Unit 0315AH
42-329-45631Cowden 39-03 East Unit 0326SH
42-329-45632Cowden 39-03 East Unit 0306BH
42-329-45663Cowden 39 03 West Unit 0321SH
42-329-45664Cowden 39 03 West Unit 0301BH
42-329-45665Cowden 39 03 West Unit 0311AH
42-329-45666Cowden 39 03 West Unit 0331SH
42-329-45677Cowden 39 03 West Unit 0322SH
42-329-45678Cowden 39 03 West Unit 0302BH
42-329-45686Cowden 39-03 West Unit 0312AH
42-329-45687Cowden 39-03 West Unit 0303 BH

Oil & Gas Sales on Cowden 39-03

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
08-61552COWDEN 39-03 WEST UNITApr 2025XTO ENERGY INC.XTO ENERGY INC.
08-61552COWDEN 39-03 WEST UNITMar 2025EXXONMOBIL OIL CORPORATIONXTO ENERGY INC.
08-61552COWDEN 39-03 WEST UNITMar 2025ENERGY TRANSFER FUEL, LPXTO ENERGY INC.
08-61552COWDEN 39-03 WEST UNITMar 2025XTO ENERGY INC.XTO ENERGY INC.
08-61552COWDEN 39-03 WEST UNITMar 2025XTO ENERGY INC.XTO ENERGY INC.
08-61552COWDEN 39-03 WEST UNITMar 2025TARGA MIDSTREAM SERVICES LLCXTO ENERGY INC.