POWELL 08 UNIT

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 57482District 08Field 85280300OilCasinghead gasSave
Value, all time
$224.4 M
Jan 2021 – May 2026
Value, last 12 filed months
$18.4 M
at the published price for each month
Months reported
65
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,469,620 bbl$195,998,735
Casinghead gasProduction6,736,264 Mcf$28,356,106
Total$224,354,842

Wells on this lease (9)

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 31.8985, -101.6733. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.89870, -101.67315 · 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
0.0%
0 of 9 wells
With a plug date
0.0%
0 of 9 wells
Median depth
8,093 ft
9 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
9100.0%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 9 of 9 wells. Median 8,093 ft, with the middle half between 7,764 and 9,151 ft; the shallowest is 7,714 ft and the deepest 9,854 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

20s

Last completion by decade, 9 of 9 wells, Jun 2021 – Jan 2023. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jun 2021 – Jan 2023
9 of 9 wells

9 wells

42-173388490871NP9,151 ftJan 2023
42-173373721720 H7,714 ftAug 2022
42-173385030883CP9,854 ftMar 2022
42-173384020881CP9,708 ftJun 2021
42-173384040851AP8,093 ftJun 2021
42-173384060833LP7,745 ftJun 2021
42-173384030831LP7,764 ftJun 2021
42-173384050843DP7,900 ftJun 2021
42-173384070853AP8,134 ftJun 2021

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 (65)

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

65 months

May 202614,94792,879106.413.05$1,873,405
Apr 202616,24697,41398.932.87$1,886,765
Mar 202615,25085,93489.753.15$1,639,331
Feb 202617,72192,44163.503.75$1,471,967
Jan 202616,39990,91359.138.00$1,696,788
Dec 202514,88185,10956.664.41$1,218,774
Nov 202517,39788,34358.593.93$1,366,164
Oct 202517,46187,28659.383.30$1,325,300
Sep 202516,22981,42962.743.08$1,268,758
Aug 202517,81694,92663.933.01$1,425,156
Jul 202520,098106,58766.743.32$1,694,698
Jun 202519,10396,60966.483.13$1,572,230
May 202521,70098,78860.553.23$1,633,249
Apr 202523,50693,04262.363.54$1,795,493
Mar 202523,92391,96967.704.27$2,012,140
Feb 202522,70488,64770.884.34$1,994,062
Jan 202526,29991,58974.324.28$2,346,422
Dec 202424,86791,53868.993.12$2,001,298
Nov 202428,079100,34269.052.20$2,159,451
Oct 202428,73099,87371.372.28$2,278,310
Sep 202427,03685,09269.612.36$2,083,164
Aug 202427,40484,40575.632.06$2,246,745
Jul 202427,548103,06179.932.15$2,423,141
Jun 202429,10989,52278.082.63$2,508,630
May 202428,03085,18578.812.20$2,396,318
Apr 202424,57661,21484.451.66$2,177,009
Mar 202428,95168,83780.301.55$2,431,127
Feb 202418,59268,05176.091.78$1,536,044
Jan 202410,65851,93873.023.30$949,521
Dec 20238,90532,17271.262.61$718,562
Nov 202324,261105,75577.892.81$2,186,603
Oct 202330,156140,77985.443.09$3,011,153
Sep 202331,140143,58689.042.74$3,165,419
Aug 202336,807164,03380.522.67$3,402,140
Jul 202335,275132,78374.852.64$2,991,120
Jun 202331,694122,80268.962.26$2,462,964
May 202335,696140,34870.622.23$2,833,463
Apr 202334,729135,61278.122.24$3,016,497
Mar 202343,938164,47372.852.39$3,594,494
Feb 202339,383108,87275.112.47$3,226,501
Jan 202343,728106,86376.533.39$3,708,526
Dec 202233,544107,26676.415.73$3,177,633
Nov 202238,174130,37485.005.65$3,980,908
Oct 202240,576135,97587.185.86$4,334,740
Sep 202243,725149,02684.888.16$4,927,979
Aug 202248,435156,87394.529.13$6,009,881
Jul 202257,349169,416101.587.54$7,103,260
Jun 202263,954177,134115.097.98$8,773,499
May 202263,704156,216109.378.43$8,284,682
Apr 202273,637168,477104.226.84$8,826,426
Mar 202278,0240108.885.08$8,495,253
Feb 202253,787114,30291.054.86$5,452,681
Jan 202257,430116,03881.844.54$5,226,615
Dec 202178,359153,50471.323.90$6,187,094
Nov 202190,779167,05977.435.24$7,903,881
Oct 2021110,131187,28779.795.71$9,857,486
Sep 2021124,377198,97769.865.35$9,753,687
Aug 2021189,965208,89366.024.22$13,423,141
Jul 2021174,534157,64770.783.98$12,981,279
Jun 202117,18015,99769.493.38$1,247,918
May 202133038963.483.02$22,122
Apr 20212,3313,03260.362.76$149,063
Mar 20212,9084,15261.302.72$189,541
Feb 20212,2832,60157.805.55$146,388
Jan 20213,1324,58950.412.81$170,780

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               14,947 bbl  × $106.41 = $1,590,510
Casinghead gas    92,879 Mcf  × $  3.05 =   $282,895

────────────────────────────────────────────────────
Month total                               $1,873,405

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/57482 is the state's own key, not one this site invented.