VIRGIL POWELL "A"
VIRGIL POWELL "A" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by WTG Exploration. It has 3 wellbores on file with the Commission. Reported production runs from October 2009 to August 2026, totalling 104,653 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 $556K, with roughly $100K 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 116 barrels a month, about 39 per wellbore. Its strongest month on the record we hold was November 2018, at 576 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 VIRGIL POWELL "A"
- Who operates VIRGIL POWELL "A"?
- VIRGIL POWELL "A" is operated by WTG Exploration, Railroad Commission of Texas operator number 945220.
- Where is VIRGIL POWELL "A"?
- VIRGIL POWELL "A" is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17083.
- Is VIRGIL POWELL "A" still producing?
- VIRGIL POWELL "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VIRGIL POWELL "A" is August 2026.
- How much has VIRGIL POWELL "A" produced?
- VIRGIL POWELL "A" has reported 104,653 barrels of oil (bbl) to the Railroad Commission of Texas between October 2009 and August 2026, from 3 wellbores.
- How much is VIRGIL POWELL "A" worth?
- The remaining production from VIRGIL POWELL "A" is estimated to be worth about $556K in total as of 27 August 2026, within a range of $434K to $679K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VIRGIL POWELL "A" is a fraction of it. The estimate fits an Arps decline curve to the production VIRGIL POWELL "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VIRGIL POWELL "A" is an estimate of value, not an offer and not an appraisal.
- How much income does VIRGIL POWELL "A" generate in a year?
- VIRGIL POWELL "A" is forecast to net about $100K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VIRGIL POWELL "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | WTG Exploration |
|---|---|
| Field | Pegasus, S. (Bend) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17083 |
| Wellbores | 3 |
| Reported production | 104,653 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $556K |
Where VIRGIL POWELL "A" 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.