POWELL -13-
POWELL -13- is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Miltex Oil Company. It has 4 wellbores on file with the Commission. Reported production runs from February 2000 to August 2026, totalling 32,227 barrels. The lease is intermittent. 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 $11K, with roughly $2K 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 1 barrels a month. Its strongest month on the record we hold was July 2023, at 155 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36197.
- Is POWELL -13- still producing?
- POWELL -13- is intermittent. 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 32,227 barrels of oil (bbl) to the Railroad Commission of Texas between February 2000 and August 2026, from 4 wellbores.
- How much is POWELL -13- worth?
- The remaining production from POWELL -13- is estimated to be worth about $11K in total as of 26 August 2026, within a range of $0 to $22K. 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 $2K 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 | 36197 |
| Wellbores | 4 |
| Reported production | 32,227 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
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.