POWELL, DAN
POWELL, DAN is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Lindemann, W. L., DRLG. Co. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 219,911 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 $234K, with roughly $170K 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 544 barrels a month, about 109 per wellbore. Its strongest month on the record we hold was March 2024, at 2,000 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, DAN
- Who operates POWELL, DAN?
- POWELL, DAN is operated by Lindemann, W. L., DRLG. Co., Railroad Commission of Texas operator number 501200.
- Where is POWELL, DAN?
- POWELL, DAN is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28031.
- Is POWELL, DAN still producing?
- POWELL, DAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL, DAN is August 2026.
- How much has POWELL, DAN produced?
- POWELL, DAN has reported 219,911 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is POWELL, DAN worth?
- The remaining production from POWELL, DAN is estimated to be worth about $234K in total as of 26 August 2026, within a range of $182K to $285K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL, DAN is a fraction of it. The estimate fits an Arps decline curve to the production POWELL, DAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL, DAN is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL, DAN generate in a year?
- POWELL, DAN is forecast to net about $170K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWELL, DAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lindemann, W. L., DRLG. Co. |
|---|---|
| Field | Brock & Strange (Strawn Sand #1) |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 28031 |
| Wellbores | 5 |
| Reported production | 219,911 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $234K |
Where POWELL, DAN 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.