POWELL "31"
POWELL "31" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Cog Operating Llc. It has 16 wellbores on file with the Commission. Reported production runs from July 2010 to August 2026, totalling 909,735 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $96K, with roughly $33K expected over the next twelve months.
| Operator | Cog Operating Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17228 |
| Wellbores | 16 |
| Reported production | 909,735 bbl |
| First reported | July 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $96K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.