POWERS
POWERS is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 9,781 barrels. The lease is shut in. 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 $5K, with roughly $1K 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 October 2020, at 151 barrels.
Key facts about POWERS
- Who operates POWERS?
- POWERS is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is POWERS?
- POWERS is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17732.
- Is POWERS still producing?
- POWERS is shut in. 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 9,781 barrels of oil (bbl) to the Railroad Commission of Texas between January 2012 and August 2026, from 2 wellbores.
- How much is POWERS worth?
- The remaining production from POWERS is estimated to be worth about $5K in total as of 26 August 2026. 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 $1K 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 | Cog Operating LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 17732 |
| Wellbores | 2 |
| Reported production | 9,781 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5K |
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.