POWELL 0857AP

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 58031District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.2 M
Jun 2021 – May 2026
Value, last 12 filed months
$1.2 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
OilDisposition296,632 bbl$23,499,698
Casinghead gasProduction626,657 Mcf$2,664,403
Total$26,164,102

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 31.8995, -101.6685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89950, -101.66845 · 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
8,084 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 8,084 ft.

Completions filed
Jun 2021
1 of 1 wells

1 well

42-1733844710H8,084 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 20261,0362,996106.413.05$119,366
Apr 202633394298.932.87$35,647
Mar 20261,2463,48589.753.15$122,804
Feb 20261,2733,45463.503.75$93,789
Jan 20261,4363,55859.138.00$113,367
Dec 20251,3003,46956.664.41$88,968
Nov 20251,3643,51158.593.93$93,702
Oct 20251,6913,23259.383.30$111,093
Sep 20251,1842,89862.743.08$83,201
Aug 20251,4583,72763.933.01$104,446
Jul 20251,2313,69266.743.32$94,397
Jun 20251,4093,72466.483.13$105,322
May 20251,4653,78260.553.23$100,930
Apr 20251,7884,15562.363.54$126,221
Mar 20251,7203,54867.704.27$131,588
Feb 20251,5753,41370.884.34$126,451
Jan 20251,7113,40674.324.28$141,735
Dec 20241,6723,26268.993.12$125,533
Nov 20241,8814,90669.052.20$140,669
Oct 20242,3137,93771.372.28$183,186
Sep 20242,7119,52169.612.36$211,224
Aug 20242,8159,59475.632.06$232,697
Jul 20241,1074,10279.932.15$97,288
Jun 20242,89610,16878.082.63$252,902
May 20242,72712,12178.812.20$241,562
Apr 20242,2849,29084.451.66$208,298
Mar 20242,5379,57280.301.55$218,511
Feb 20242,61411,44776.091.78$219,317
Jan 20242,96711,49073.023.30$254,540
Dec 20232,93612,30471.262.61$241,342
Nov 20232,89412,17277.892.81$259,587
Oct 20233,27113,71685.443.09$321,819
Sep 20233,21913,17089.042.74$322,640
Aug 20233,54313,45680.522.67$321,249
Jul 20233,47312,41874.852.64$292,760
Jun 20233,54512,68168.962.26$273,103
May 20233,81012,87970.622.23$297,749
Apr 20234,00713,15678.122.24$342,467
Mar 20234,02613,88872.852.39$326,530
Feb 20233,75012,38475.112.47$312,197
Jan 20234,28213,51876.533.39$373,497
Dec 20224,87614,88676.415.73$457,858
Nov 20225,11215,05885.005.65$519,540
Oct 20225,77415,22887.185.86$592,671
Sep 20226,37014,83984.888.16$661,826
Aug 20226,83114,19194.529.13$775,190
Jul 20226,15010,711101.587.54$705,500
Jun 20225,59912,674115.097.98$745,492
May 20227,47417,298109.378.43$963,306
Apr 20227,68617,437104.226.84$920,262
Mar 20228,7350108.885.08$951,067
Feb 20229,46517,97291.054.86$949,111
Jan 202211,66619,81881.844.54$1,044,673
Dec 202112,60521,13671.323.90$981,400
Nov 202114,34721,46377.435.24$1,223,287
Oct 202116,74924,89879.795.71$1,478,667
Sep 202120,73425,09469.865.35$1,582,753
Aug 202126,68028,33466.024.22$1,881,000
Jul 202125,27919,47670.783.98$1,866,803
Jun 20210069.493.38$0

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                1,036 bbl  × $106.41 =   $110,241
Casinghead gas     2,996 Mcf  × $  3.05 =     $9,125

────────────────────────────────────────────────────
Month total                                 $119,366

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/58031 is the state's own key, not one this site invented.