POWERS, E. B.
POWERS, E. B. is a Texas oil lease in Leon County, Railroad Commission district 05, operated by Oil Management Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 21,247 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 $120K, with roughly $23K 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 33 barrels a month. Its strongest month on the record we hold was August 2017, at 87 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 POWERS, E. B.
- Who operates POWERS, E. B.?
- POWERS, E. B. is operated by Oil Management Corporation, Railroad Commission of Texas operator number 620480.
- Where is POWERS, E. B.?
- POWERS, E. B. is a Texas oil lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 02108.
- Is POWERS, E. B. still producing?
- POWERS, E. B. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWERS, E. B. is August 2026.
- How much has POWERS, E. B. produced?
- POWERS, E. B. has reported 21,247 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is POWERS, E. B. worth?
- The remaining production from POWERS, E. B. is estimated to be worth about $120K in total as of 26 August 2026, within a range of $66K to $174K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWERS, E. B. is a fraction of it. The estimate fits an Arps decline curve to the production POWERS, E. B. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWERS, E. B. is an estimate of value, not an offer and not an appraisal.
- How much income does POWERS, E. B. generate in a year?
- POWERS, E. B. is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWERS, E. B. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oil Management Corporation |
|---|---|
| Field | Red Oak (Sub-Clarksville) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 02108 |
| Wellbores | 1 |
| Reported production | 21,247 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $120K |
Where POWERS, E. B. 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.