POWELL 13
POWELL 13 is a Texas gas 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 November 2000 to August 2026, totalling 962,624 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 $40K, with roughly $6K 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 265 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 1,613 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 POWELL 13
- Who operates POWELL 13?
- POWELL 13 is operated by Miltex Oil Company, Railroad Commission of Texas operator number 569415.
- Where is POWELL 13?
- POWELL 13 is a Texas gas lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 180318.
- Is POWELL 13 still producing?
- POWELL 13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL 13 is August 2026.
- How much has POWELL 13 produced?
- POWELL 13 has reported 962,624 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2000 and August 2026, from 1 wellbore.
- How much is POWELL 13 worth?
- The remaining production from POWELL 13 is estimated to be worth about $40K in total as of 26 August 2026, within a range of $32K to $49K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL 13 is a fraction of it. The estimate fits an Arps decline curve to the production POWELL 13 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 is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL 13 generate in a year?
- POWELL 13 is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWELL 13 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 | 180318 |
| Wellbores | 1 |
| Reported production | 962,624 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where POWELL 13 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.