POWELL 1003
POWELL 1003 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Oxy Usa Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 212,051 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 $125K, with roughly $27K expected over the next twelve months.
| Operator | Oxy Usa Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 52804 |
| Wellbores | 1 |
| Reported production | 212,051 bbl |
| First reported | November 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $125K |
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.