POWELL 13-4
POWELL 13-4 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Miltex Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2000 to August 2026, totalling 18,957 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 $88K, with roughly $17K 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 28 barrels a month. Its strongest month on the record we hold was March 2024, at 197 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 13-4
- Who operates POWELL 13-4?
- POWELL 13-4 is operated by Miltex Oil Company, Railroad Commission of Texas operator number 569415.
- Where is POWELL 13-4?
- POWELL 13-4 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36328.
- Is POWELL 13-4 still producing?
- POWELL 13-4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL 13-4 is August 2026.
- How much has POWELL 13-4 produced?
- POWELL 13-4 has reported 18,957 barrels of oil (bbl) to the Railroad Commission of Texas between May 2000 and August 2026, from 1 wellbore.
- How much is POWELL 13-4 worth?
- The remaining production from POWELL 13-4 is estimated to be worth about $88K in total as of 26 August 2026, within a range of $48K to $127K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL 13-4 is a fraction of it. The estimate fits an Arps decline curve to the production POWELL 13-4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL 13-4 is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL 13-4 generate in a year?
- POWELL 13-4 is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWELL 13-4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Miltex Oil Company |
|---|---|
| Field | Signal Peak (Wolfcamp) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 36328 |
| Wellbores | 1 |
| Reported production | 18,957 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $88K |
Where POWELL 13-4 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.