POWELL 08 UNIT
POWELL 08 UNIT is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Oxy Usa Inc. It has 9 wellbores on file with the Commission. Reported production runs from January 2021 to August 2026, totalling 2,469,712 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 $590K, with roughly $254K expected over the next twelve months.
| Operator | Oxy Usa Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 57482 |
| Wellbores | 9 |
| Reported production | 2,469,712 bbl |
| First reported | January 2021 |
| Last reported | August 2026 |
| Estimated royalty value | $590K |
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.