E. C. POWERS UNIT
E. C. POWERS UNIT is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Chevron U. S. A. Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 47,785 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 $328K, with roughly $54K 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 55 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was August 2016, at 1,079 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 E. C. POWERS UNIT
- Who operates E. C. POWERS UNIT?
- E. C. POWERS UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is E. C. POWERS UNIT?
- E. C. POWERS UNIT is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15214.
- Is E. C. POWERS UNIT still producing?
- E. C. POWERS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for E. C. POWERS UNIT is August 2026.
- How much has E. C. POWERS UNIT produced?
- E. C. POWERS UNIT has reported 47,785 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 2 wellbores.
- How much is E. C. POWERS UNIT worth?
- The remaining production from E. C. POWERS UNIT is estimated to be worth about $328K in total as of 26 August 2026, within a range of $181K to $476K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in E. C. POWERS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production E. C. POWERS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for E. C. POWERS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does E. C. POWERS UNIT generate in a year?
- E. C. POWERS UNIT is forecast to net about $54K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in E. C. POWERS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Carthage (Travis Peak 6400) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 15214 |
| Wellbores | 2 |
| Reported production | 47,785 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $328K |
Where E. C. POWERS UNIT 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.