POWELL
POWELL is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by De3 Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from January 2019 to August 2026, totalling 34,084 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 $964K, with roughly $175K 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 232 barrels a month, about 116 per wellbore. Its strongest month on the record we hold was February 2019, at 2,962 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
- Who operates POWELL?
- POWELL is operated by De3 Operating LLC, Railroad Commission of Texas operator number 518310.
- Where is POWELL?
- POWELL is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51018.
- Is POWELL still producing?
- POWELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL is August 2026.
- How much has POWELL produced?
- POWELL has reported 34,084 barrels of oil (bbl) to the Railroad Commission of Texas between January 2019 and August 2026, from 2 wellbores.
- How much is POWELL worth?
- The remaining production from POWELL is estimated to be worth about $964K in total as of 27 August 2026, within a range of $752K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL is a fraction of it. The estimate fits an Arps decline curve to the production POWELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL generate in a year?
- POWELL is forecast to net about $175K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POWELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | De3 Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 51018 |
| Wellbores | 2 |
| Reported production | 34,084 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $964K |
Where POWELL 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.