POWELL 1584CP

POWELL 1584CP 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 October 2022 to August 2026, totalling 192,850 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 $57K, with roughly $26K expected over the next twelve months.

OperatorOxy Usa Inc.
FieldSpraberry (Trend Area)
CountyGlasscock County, Texas
RRC district08
Lease number59124
Wellbores1
Reported production192,850 bbl
First reportedOctober 2022
Last reportedAugust 2026
Estimated royalty value$57K

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.