POWELL, E.L.
POWELL, E.L. is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Oxy Usa Inc. It has 39 wellbores on file with the Commission. Reported production runs from December 2017 to August 2026, totalling 5,133,290 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 $1.1M, with roughly $430K expected over the next twelve months.
| Operator | Oxy Usa Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 50427 |
| Wellbores | 39 |
| Reported production | 5,133,290 bbl |
| First reported | December 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $1.1M |
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.