POWELL, E.L.

Operated by OXY USA INC. (P-5 630591) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 50427District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$417.5 M
Dec 2017 – May 2026
Value, last 12 filed months
$29.9 M
at the published price for each month
Months reported
102
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition5,132,409 bbl$367,655,341
Casinghead gasProduction12,604,204 Mcf$49,862,939
Total$417,518,279

Wells on this lease (39)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.9520, -101.6739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 2.1 miles.

31.94479, -101.67396 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
7.7%
3 of 39 wells
With a plug date
10.3%
4 of 39 wells
Median depth
8,220 ft
39 wells filed one
Completion to plug
25.6 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
37.7%
A plug date is filed
410.3%
BothOn the schedule and plugged. Neither fact cancels the other.
37.7%
NeitherNo plug date, and not on the schedule.
3589.7%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Total depth in feet, 39 of 39 wells. Median 8,220 ft, with the middle half between 7,835 and 8,500 ft; the shallowest is 450 ft and the deepest 9,955 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 39 of 39 wells, Apr 1992 – Dec 2025. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Apr 1992 – Dec 2025
39 of 39 wells
Plug dates filed
Apr 1986 – Dec 2023
4 of 39 wells; 35 filed none

Last completion to plug: a median of 25.6 years across the 3 wells that filed both dates, with the middle half between 24.7 years and 28.4 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

39 wells

42-17332966401C8,350 ftDec 2025
42-173323269023D8,372 ftNov 2025
42-173324708013D8,320 ftMar 2025
42-173319207D8,500 ftMay 2024Apr 1986
42-173385210982CP9,844 ftMar 2022
42-173385230986CP9,857 ftMar 2022
42-173385200980CP9,701 ftMar 2022
42-173385220984CP9,715 ftMar 2022
42-173385670978NP9,088 ftMar 2022
42-173385100888CP9,858 ftMar 2022
42-173385080884CP9,955 ftMar 2022
42-173385090886CP9,757 ftMar 2022
42-173384000854AP8,129 ftJul 2021
42-173383990846DP7,976 ftJun 2021
42-173384010858AP8,055 ftJun 2021
42-17338388910CP9,679 ftApr 2021
42-17337789906LS7,484 ftJul 2018
42-17337787905A7,902 ftJun 2018
42-17337788904A7,992 ftJun 2018
42-17337793902A8,030 ftJun 2018
42-17337792901A8,013 ftJun 2018
42-17337802806LS7,718 ftMay 2018
42-17337803805LS7,669 ftMay 2018
42-17337804804LS7,768 ftMay 2018
42-17337797806A470 ftFeb 2018
42-17337794902LS464 ftFeb 2018
42-17337795901LS450 ftFeb 2018
42-17337800805A487 ftFeb 2018
42-17337801804A482 ftFeb 2018
42-17337660903LS7,652 ftDec 2017
42-17337661903A8,021 ftDec 2017
42-17333048801A8,450 ftMay 2001
42-17333016501B8,488 ftMar 2000Dec 2023Yes
42-173324599053D8,290 ftOct 1994May 2020Yes
42-173324399033D8,321 ftJun 1994
42-173323504033D8,220 ftSep 1993
42-17332323108,500 ftAug 1993
42-173322104023D8,317 ftJul 1992Oct 2023Yes
42-173322004013D8,220 ftApr 1992

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (102)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

102 months

May 202628,467150,056106.413.05$3,486,220
Apr 202626,574137,19898.932.87$3,022,686
Mar 202626,267143,38689.753.15$2,809,049
Feb 202622,958129,47063.503.75$1,943,387
Jan 202623,724136,49259.138.00$2,494,452
Dec 202525,519147,75556.664.41$2,098,003
Nov 202525,578146,83258.593.93$2,075,142
Oct 202529,075167,26959.383.30$2,279,271
Sep 202529,147161,74862.743.08$2,326,368
Aug 202529,129176,57963.933.01$2,394,560
Jul 202528,795164,67066.743.32$2,467,692
Jun 202529,891174,55366.483.13$2,533,281
May 202533,122178,22660.553.23$2,581,621
Apr 202536,355178,28262.363.54$2,898,772
Mar 202536,971167,97067.704.27$3,219,886
Feb 202535,831156,46770.884.34$3,218,899
Jan 202542,649160,32174.324.28$3,855,636
Dec 202444,353171,03368.993.12$3,593,771
Nov 202441,942153,86969.052.20$3,234,367
Oct 202439,035152,85571.372.28$3,134,651
Sep 202434,977123,20669.612.36$2,726,052
Aug 202431,320126,38875.632.06$2,629,550
Jul 202438,245172,27679.932.15$3,426,729
Jun 202440,124175,93278.082.63$3,596,283
May 202438,384181,31478.812.20$3,423,651
Apr 202441,096184,02184.451.66$3,775,885
Mar 202442,406174,63880.301.55$3,675,040
Feb 202438,861149,73876.091.78$3,224,012
Jan 202440,036131,77873.023.30$3,357,988
Dec 202343,305167,17771.262.61$3,522,367
Nov 202345,084180,49977.892.81$4,018,355
Oct 202341,114159,40485.443.09$4,004,905
Sep 202341,954165,90889.042.74$4,189,349
Aug 202349,491196,75380.522.67$4,510,912
Jul 202351,147184,60074.852.64$4,316,029
Jun 202350,870179,68368.962.26$3,913,806
May 202352,489189,30070.622.23$4,128,420
Apr 202356,423208,64178.122.24$4,874,653
Mar 202360,289221,34272.852.39$4,921,760
Feb 202358,527210,52075.112.47$4,915,038
Jan 202366,733240,91176.533.39$5,923,216
Dec 202272,117254,19576.415.73$6,966,763
Nov 202272,630245,51385.005.65$7,559,766
Oct 202273,229248,58487.185.86$7,841,741
Sep 202274,354234,11684.888.16$8,222,416
Aug 202294,030292,60694.529.13$11,558,377
Jul 2022103,326310,706101.587.54$12,839,225
Jun 2022123,249361,766115.097.98$17,070,607
May 2022155,128359,974109.378.43$20,002,025
Apr 2022183,166319,437104.226.84$21,273,743
Mar 2022122,6040108.885.08$13,349,124
Feb 202230,08069,57491.054.86$3,076,833
Jan 202232,97581,05781.844.54$3,066,485
Dec 202145,035102,06171.323.90$3,609,844
Nov 202150,41596,85177.435.24$4,410,828
Oct 202151,85899,04279.795.71$4,703,663
Sep 202161,801101,17969.865.35$4,858,819
Aug 202175,226110,82866.024.22$5,434,180
Jul 202180,46788,62670.783.98$6,048,370
Jun 202135,64956,01869.493.38$2,666,625
May 202148,97862,82663.483.02$3,298,712
Apr 202140,36762,13760.362.76$2,607,952
Mar 202127,22451,01161.302.72$1,807,425
Feb 202122,16838,46757.805.55$1,494,723
Jan 202125,74346,32450.412.81$1,427,888
Dec 202030,35653,07244.642.68$1,497,084
Nov 202026,49845,62538.772.71$1,150,815
Oct 202027,31453,60036.972.48$1,142,642
Sep 202032,78249,94637.091.99$1,315,329
Aug 202026,86942,55139.982.39$1,175,711
Jul 202026,81046,59638.371.83$1,113,743
Jun 202030,20549,33234.901.69$1,137,541
May 202030,01745,00116.921.81$589,553
Apr 202031,01048,30714.751.80$544,562
Mar 202031,46853,03030.341.86$1,053,175
Feb 202030,90951,54649.881.98$1,643,837
Jan 202037,61161,07157.252.09$2,281,158
Dec 201939,15264,27159.012.30$2,458,463
Nov 201939,57964,66655.302.75$2,366,595
Oct 201941,95565,79453.472.42$2,402,459
Sep 201942,31969,44155.052.66$2,514,185
Aug 201945,50171,16653.112.30$2,580,550
Jul 201949,88969,91156.272.46$2,979,239
Jun 201951,22951,97952.782.49$2,833,357
May 201942,0893,77458.482.74$2,471,707
Apr 201947,19056,74462.632.75$3,111,595
Mar 201960,87565,05456.803.06$3,656,902
Feb 201963,66969,57450.852.79$3,431,835
Jan 201964,78870,52446.033.23$3,209,856
Dec 201873,31772,03346.594.19$3,717,329
Nov 201884,57986,11652.934.24$4,841,661
Oct 201895,83442,28461.443.40$6,031,725
Sep 201896,71398,03559.543.11$6,062,985
Aug 2018134,798124,73259.403.07$8,389,499
Jul 2018171,049113,54865.142.93$11,475,041
Jun 201871,54039,04360.183.08$4,425,409
May 20187,1986,54865.382.90$489,600
Apr 201824,85027,46363.842.90$1,666,089
Mar 201832,45835,36961.222.79$2,085,647
Feb 201834,63329,73261.782.77$2,221,869
Jan 201839,18522,79062.874.01$2,554,933
Dec 201716,09511,97857.272.92$956,755

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil               28,467 bbl  × $106.41 = $3,029,173
Casinghead gas   150,056 Mcf  × $  3.05 =   $457,047

────────────────────────────────────────────────────
Month total                               $3,486,220

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/50427 is the state's own key, not one this site invented.