POWERS
POWERS is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Pantera Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from July 1998 to August 2026, totalling 127,557 thousand cubic feet. 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 $36K, with roughly $5K 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 160 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 236 thousand cubic feet. 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 POWERS
- Who operates POWERS?
- POWERS is operated by Pantera Energy Company, Railroad Commission of Texas operator number 638486.
- Where is POWERS?
- POWERS is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 170531.
- Is POWERS still producing?
- POWERS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWERS is August 2026.
- How much has POWERS produced?
- POWERS has reported 127,557 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1998 and August 2026, from 1 wellbore.
- How much is POWERS worth?
- The remaining production from POWERS is estimated to be worth about $36K in total as of 26 August 2026, within a range of $28K to $44K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWERS is a fraction of it. The estimate fits an Arps decline curve to the production POWERS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWERS is an estimate of value, not an offer and not an appraisal.
- How much income does POWERS generate in a year?
- POWERS is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWERS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pantera Energy Company |
|---|---|
| Field | Panhandle, West |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 170531 |
| Wellbores | 1 |
| Reported production | 127,557 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where POWERS 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.