POWELL 0859AP

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 57874District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$18.7 M
Jun 2021 – May 2026
Value, last 12 filed months
$1.6 M
at the published price for each month
Months reported
60
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
OilDisposition209,318 bbl$16,427,114
Casinghead gasProduction540,198 Mcf$2,257,495
Total$18,684,609

Wells on this lease (1)

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 31.9011, -101.6617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90113, -101.66167 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,937 ft
1 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.
1100.0%

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

The one well that filed a depth was drilled to 7,937 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-173384167H7,937 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 (60)

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

60 months

May 20262,2688,186106.413.05$266,271
Apr 20261,0602,66698.932.87$112,516
Mar 20269912,14589.753.15$95,698
Feb 20261,0112,07263.503.75$71,969
Jan 20261,2203,16859.138.00$97,476
Dec 20251,2924,99156.664.41$95,232
Nov 20251,7587,48458.593.93$132,387
Oct 20251,7807,57459.383.30$130,727
Sep 20251,7557,80262.743.08$134,115
Aug 20251,7718,02563.933.01$137,413
Jul 20251,9038,02666.743.32$153,614
Jun 20251,8148,18566.483.13$146,203
May 20251,9857,96560.553.23$145,937
Apr 20252,1367,85962.363.54$161,046
Mar 20252,1988,59267.704.27$185,478
Feb 20252,0587,40870.884.34$178,028
Jan 20252,6537,44174.324.28$229,009
Dec 20242,1616,15768.993.12$168,306
Nov 202420455569.052.20$15,306
Oct 20241,7725,74371.372.28$139,570
Sep 20241,6816,18069.612.36$131,626
Aug 20242,0017,91075.632.06$167,659
Jul 20241,8628,09579.932.15$166,206
Jun 20242,1368,23078.082.63$188,457
May 20242,0428,52678.812.20$179,674
Apr 20242,4068,69684.451.66$217,615
Mar 20242,4628,53480.301.55$210,885
Feb 20241,9697,41176.091.78$163,040
Jan 20242,2658,12873.023.30$192,194
Dec 20232,3449,02871.262.61$190,603
Nov 20232,3049,03977.892.81$204,836
Oct 20232,5919,74985.443.09$251,473
Sep 20232,5379,26489.042.74$251,232
Aug 20232,6639,78780.522.67$240,584
Jul 20232,7199,63674.852.64$228,974
Jun 20232,4838,75168.962.26$190,992
May 20232,7799,52070.622.23$217,458
Apr 20232,7279,33578.122.24$233,923
Mar 20232,75110,15572.852.39$224,713
Feb 20232,5989,37475.112.47$218,249
Jan 20232,87710,34376.533.39$255,216
Dec 20223,22810,72176.415.73$308,073
Nov 20223,27010,25185.005.65$335,829
Oct 20223,34910,73187.185.86$354,890
Sep 20223,58611,24484.888.16$396,172
Aug 20223,80611,67594.529.13$466,303
Jul 20224,07211,746101.587.54$502,223
Jun 20224,22311,797115.097.98$580,132
May 20224,47612,688109.378.43$596,539
Apr 20224,72612,822104.226.84$580,215
Mar 20225,3760108.885.08$585,339
Feb 20225,10711,03191.054.86$518,590
Jan 20227,01914,77281.844.54$641,466
Dec 20217,33216,27171.323.90$586,361
Nov 20218,78917,33677.435.24$771,318
Oct 20218,10715,43579.795.71$735,051
Sep 202111,59516,44369.865.35$898,012
Aug 202118,10823,37766.024.22$1,294,155
Jul 202118,91613,83170.783.98$1,393,951
Jun 202124629269.493.38$18,082

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                2,268 bbl  × $106.41 =   $241,338
Casinghead gas     8,186 Mcf  × $  3.05 =    $24,933

────────────────────────────────────────────────────
Month total                                 $266,271

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/57874 is the state's own key, not one this site invented.