POWELL 1689CP
POWELL 1689CP 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 209,843 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 $90K, with roughly $30K expected over the next twelve months.
| Operator | Oxy Usa Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 58162 |
| Wellbores | 1 |
| Reported production | 209,843 bbl |
| First reported | March 2022 |
| Last reported | August 2026 |
| Estimated royalty value | $90K |
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.