POWELL RANCH
POWELL RANCH is a Texas gas lease in Howard County, Railroad Commission district 08, operated by L.C.S. Production Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2002 to August 2026, totalling 456,407 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 $42K, with roughly $9K 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 261 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 1,410 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 RANCH
- Who operates POWELL RANCH?
- POWELL RANCH is operated by L.C.S. Production Company, Railroad Commission of Texas operator number 479574.
- Where is POWELL RANCH?
- POWELL RANCH is a Texas gas lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 187929.
- Is POWELL RANCH still producing?
- POWELL RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL RANCH is August 2026.
- How much has POWELL RANCH produced?
- POWELL RANCH has reported 456,407 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2002 and August 2026, from 1 wellbore.
- How much is POWELL RANCH worth?
- The remaining production from POWELL RANCH is estimated to be worth about $42K in total as of 26 August 2026, within a range of $33K to $51K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL RANCH is a fraction of it. The estimate fits an Arps decline curve to the production POWELL RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL RANCH generate in a year?
- POWELL RANCH is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWELL RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | L.C.S. Production Company |
|---|---|
| Field | Signal Peak (Wolfcamp) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 187929 |
| Wellbores | 1 |
| Reported production | 456,407 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $42K |
Where POWELL RANCH 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.