HALL POWELL P2
HALL POWELL P2 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2021 to August 2026, totalling 506,337 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 $11.7M, with roughly $3.0M 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 4,107 barrels a month. Its strongest month on the record we hold was April 2022, at 48,714 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 HALL POWELL P2
- Who operates HALL POWELL P2?
- HALL POWELL P2 is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is HALL POWELL P2?
- HALL POWELL P2 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21488.
- Is HALL POWELL P2 still producing?
- HALL POWELL P2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HALL POWELL P2 is August 2026.
- How much has HALL POWELL P2 produced?
- HALL POWELL P2 has reported 506,337 barrels of oil (bbl) to the Railroad Commission of Texas between June 2021 and August 2026, from 1 wellbore.
- How much is HALL POWELL P2 worth?
- The remaining production from HALL POWELL P2 is estimated to be worth about $11.7M in total as of 26 August 2026, within a range of $9.7M to $13.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HALL POWELL P2 is a fraction of it. The estimate fits an Arps decline curve to the production HALL POWELL P2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HALL POWELL P2 is an estimate of value, not an offer and not an appraisal.
- How much income does HALL POWELL P2 generate in a year?
- HALL POWELL P2 is forecast to net about $3.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HALL POWELL P2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Pegasus (Consolidated) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21488 |
| Wellbores | 1 |
| Reported production | 506,337 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $11.7M |
Where HALL POWELL P2 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.