POWELL 34
POWELL 34 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by TSF Operating. It has 16 wellbores on file with the Commission. Reported production runs from January 2006 to August 2026, totalling 729,596 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 $3.1M, with roughly $778K 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 1,147 barrels a month, about 72 per wellbore. Its strongest month on the record we hold was July 2016, at 3,106 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 34
- Who operates POWELL 34?
- POWELL 34 is operated by TSF Operating, Railroad Commission of Texas operator number 872227.
- Where is POWELL 34?
- POWELL 34 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15858.
- Is POWELL 34 still producing?
- POWELL 34 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL 34 is August 2026.
- How much has POWELL 34 produced?
- POWELL 34 has reported 729,596 barrels of oil (bbl) to the Railroad Commission of Texas between January 2006 and August 2026, from 16 wellbores.
- How much is POWELL 34 worth?
- The remaining production from POWELL 34 is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL 34 is a fraction of it. The estimate fits an Arps decline curve to the production POWELL 34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL 34 is an estimate of value, not an offer and not an appraisal.
- How much income does POWELL 34 generate in a year?
- POWELL 34 is forecast to net about $778K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWELL 34 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | TSF Operating |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 15858 |
| Wellbores | 16 |
| Reported production | 729,596 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where POWELL 34 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.