POWELL 33B
POWELL 33B is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Encana Oil & Gas(USA) Inc. It has 4 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 1,078,359 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 $2.7M, with roughly $804K 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 1,296 barrels a month, about 324 per wellbore. Its strongest month on the record we hold was November 2018, at 109,877 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 POWELL 33B
- Who operates POWELL 33B?
- POWELL 33B is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is POWELL 33B?
- POWELL 33B is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20153.
- Is POWELL 33B still producing?
- POWELL 33B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL 33B is August 2026.
- How much has POWELL 33B produced?
- POWELL 33B has reported 1,078,359 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 4 wellbores.
- How much is POWELL 33B worth?
- The remaining production from POWELL 33B is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.2M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL 33B is a fraction of it. The estimate fits an Arps decline curve to the production POWELL 33B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL 33B is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL 33B generate in a year?
- POWELL 33B is forecast to net about $804K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWELL 33B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 20153 |
| Wellbores | 4 |
| Reported production | 1,078,359 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where POWELL 33B 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.