POWELL 1789CP

POWELL 1789CP 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 March 2022 to August 2026, totalling 278,400 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 $82K, with roughly $32K expected over the next twelve months.

OperatorOxy Usa Inc.
FieldSpraberry (Trend Area)
CountyGlasscock County, Texas
RRC district08
Lease number57892
Wellbores1
Reported production278,400 bbl
First reportedMarch 2022
Last reportedAugust 2026
Estimated royalty value$82K

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.