POWELL 35XA

POWELL 35XA is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Xog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 108,348 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 $2.6M, with roughly $665K 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 966 barrels a month. Its strongest month on the record we hold was August 2020, at 2,361 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 35XA

Who operates POWELL 35XA?
POWELL 35XA is operated by Xog Operating LLC, Railroad Commission of Texas operator number 945921.
Where is POWELL 35XA?
POWELL 35XA is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21327.
Is POWELL 35XA still producing?
POWELL 35XA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWELL 35XA is August 2026.
How much has POWELL 35XA produced?
POWELL 35XA has reported 108,348 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 1 wellbore.
How much is POWELL 35XA worth?
The remaining production from POWELL 35XA is estimated to be worth about $2.6M in total as of 26 August 2026, within a range of $2.1M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWELL 35XA is a fraction of it. The estimate fits an Arps decline curve to the production POWELL 35XA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWELL 35XA is an estimate of value, not an offer and not an appraisal.
How much income does POWELL 35XA generate in a year?
POWELL 35XA is forecast to net about $665K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in POWELL 35XA receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

POWELL 35XA as filed with the Railroad Commission of Texas
OperatorXog Operating LLC
FieldTurkey Creek (4000 Sand)
CountyUpton County, Texas
RRC district7C
Lease number21327
Wellbores1
Reported production108,348 bbl
First reported
Last reported
Estimated royalty value$2.6M

Where POWELL 35XA 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.