POWELL "43"
POWELL "43" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Endeavor Energy Resources L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2004 to August 2026, totalling 63,412 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $670, with roughly $128 expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 40 barrels a month. Its strongest month on the record we hold was February 2023, at 415 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about POWELL "43"
- Who operates POWELL "43"?
- POWELL "43" is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is POWELL "43"?
- POWELL "43" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37321.
- Is POWELL "43" still producing?
- POWELL "43" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for POWELL "43" is August 2026.
- How much has POWELL "43" produced?
- POWELL "43" has reported 63,412 barrels of oil (bbl) to the Railroad Commission of Texas between June 2004 and August 2026, from 1 wellbore.
- How much is POWELL "43" worth?
- The remaining production from POWELL "43" is estimated to be worth about $670 in total as of 27 August 2026, within a range of $369 to $972. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL "43" is a fraction of it. The estimate fits an Arps decline curve to the production POWELL "43" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL "43" is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL "43" generate in a year?
- POWELL "43" is forecast to net about $128 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POWELL "43" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 37321 |
| Wellbores | 1 |
| Reported production | 63,412 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $670 |
Where POWELL "43" sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.