POWELL 28-21 B UNIT
POWELL 28-21 B UNIT is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Highpeak Energy Holdings, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2022 to August 2026, totalling 24,274 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 $1.1M, with roughly $253K 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 342 barrels a month. Its strongest month on the record we hold was April 2023, at 4,142 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 28-21 B UNIT
- Who operates POWELL 28-21 B UNIT?
- POWELL 28-21 B UNIT is operated by Highpeak Energy Holdings, LLC, Railroad Commission of Texas operator number 385826.
- Where is POWELL 28-21 B UNIT?
- POWELL 28-21 B UNIT is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 58166.
- Is POWELL 28-21 B UNIT still producing?
- POWELL 28-21 B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL 28-21 B UNIT is August 2026.
- How much has POWELL 28-21 B UNIT produced?
- POWELL 28-21 B UNIT has reported 24,274 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
- How much is POWELL 28-21 B UNIT worth?
- The remaining production from POWELL 28-21 B UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $895K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL 28-21 B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production POWELL 28-21 B UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL 28-21 B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL 28-21 B UNIT generate in a year?
- POWELL 28-21 B UNIT is forecast to net about $253K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWELL 28-21 B UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Highpeak Energy Holdings, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 58166 |
| Wellbores | 1 |
| Reported production | 24,274 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where POWELL 28-21 B UNIT 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.