POWELL GAS UNIT NO. 1
POWELL GAS UNIT NO. 1 is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Sandridge Onshore, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2009 to August 2026, totalling 647,796 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 $185K, with roughly $32K 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 1,359 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,143 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GAS UNIT NO. 1
- Who operates POWELL GAS UNIT NO. 1?
- POWELL GAS UNIT NO. 1 is operated by Sandridge Onshore, LLC, Railroad Commission of Texas operator number 748007.
- Where is POWELL GAS UNIT NO. 1?
- POWELL GAS UNIT NO. 1 is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 255583.
- Is POWELL GAS UNIT NO. 1 still producing?
- POWELL GAS UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL GAS UNIT NO. 1 is August 2026.
- How much has POWELL GAS UNIT NO. 1 produced?
- POWELL GAS UNIT NO. 1 has reported 647,796 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2009 and August 2026, from 1 wellbore.
- How much is POWELL GAS UNIT NO. 1 worth?
- The remaining production from POWELL GAS UNIT NO. 1 is estimated to be worth about $185K in total as of 27 August 2026, within a range of $153K to $216K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production POWELL GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL GAS UNIT NO. 1 generate in a year?
- POWELL GAS UNIT NO. 1 is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POWELL GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sandridge Onshore, LLC |
|---|---|
| Field | Minden (Cotton Valley Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 255583 |
| Wellbores | 1 |
| Reported production | 647,796 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $185K |
Where POWELL GAS UNIT NO. 1 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.