POWELL 0857AP
POWELL 0857AP 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 June 2021 to August 2026, totalling 296,636 barrels. The lease is currently producing. 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 $2.5M, with roughly $790K 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 1,282 barrels a month. Its strongest month on the record we hold was August 2021, at 26,680 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 0857AP
- Who operates POWELL 0857AP?
- POWELL 0857AP is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is POWELL 0857AP?
- POWELL 0857AP is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58031.
- Is POWELL 0857AP still producing?
- POWELL 0857AP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL 0857AP is August 2026.
- How much has POWELL 0857AP produced?
- POWELL 0857AP has reported 296,636 barrels of oil (bbl) to the Railroad Commission of Texas between June 2021 and August 2026, from 1 wellbore.
- How much is POWELL 0857AP worth?
- The remaining production from POWELL 0857AP is estimated to be worth about $2.5M in total as of 27 August 2026, within a range of $2.1M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL 0857AP is a fraction of it. The estimate fits an Arps decline curve to the production POWELL 0857AP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL 0857AP is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL 0857AP generate in a year?
- POWELL 0857AP is forecast to net about $790K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POWELL 0857AP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 58031 |
| Wellbores | 1 |
| Reported production | 296,636 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where POWELL 0857AP 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.