FRANK POWELL 30-31
FRANK POWELL 30-31 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Xto Energy Inc. It has 10 wellbores on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 2,262,200 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 $38.8M, with roughly $9.1M 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 9,407 barrels a month, about 941 per wellbore. Its strongest month on the record we hold was October 2020, at 219,856 barrels. 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 FRANK POWELL 30-31
- Who operates FRANK POWELL 30-31?
- FRANK POWELL 30-31 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is FRANK POWELL 30-31?
- FRANK POWELL 30-31 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20849.
- Is FRANK POWELL 30-31 still producing?
- FRANK POWELL 30-31 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRANK POWELL 30-31 is August 2026.
- How much has FRANK POWELL 30-31 produced?
- FRANK POWELL 30-31 has reported 2,262,200 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 10 wellbores.
- How much is FRANK POWELL 30-31 worth?
- The remaining production from FRANK POWELL 30-31 is estimated to be worth about $38.8M in total as of 27 August 2026, within a range of $32.2M to $45.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANK POWELL 30-31 is a fraction of it. The estimate fits an Arps decline curve to the production FRANK POWELL 30-31 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANK POWELL 30-31 is an estimate of value, not an offer and not an appraisal.
- How much income does FRANK POWELL 30-31 generate in a year?
- FRANK POWELL 30-31 is forecast to net about $9.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FRANK POWELL 30-31 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 20849 |
| Wellbores | 10 |
| Reported production | 2,262,200 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $38.8M |
Where FRANK POWELL 30-31 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.