POWELL 1689CP

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 58162District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$21.5 M
Mar 2022 – May 2026
Value, last 12 filed months
$1.9 M
at the published price for each month
Months reported
51
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
OilDisposition209,836 bbl$18,359,604
Casinghead gasProduction710,540 Mcf$3,185,784
Total$21,545,388

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 31.9049, -101.6452. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90493, -101.64523 · 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
9,810 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 9,810 ft.

Completions filed
Mar 2022
1 of 1 wells

1 well

42-173385179H9,810 ftMar 2022

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 (51)

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

51 months

May 20262,03215,775106.413.05$264,273
Apr 20262,2298,42098.932.87$244,678
Mar 20261,8004,12889.753.15$174,551
Feb 20261,7242,45863.503.75$118,692
Jan 202689081059.138.00$59,104
Dec 20252,0724,23156.664.41$136,072
Nov 20251,1617,68658.593.93$98,202
Oct 20251,55913,03259.383.30$135,642
Sep 20251,53914,12462.743.08$140,015
Aug 20251,68515,37363.933.01$154,068
Jul 20251,74415,60866.743.32$168,138
Jun 20251,84015,65766.483.13$171,310
May 20251,94716,72960.553.23$171,964
Apr 20252,26714,71462.363.54$193,504
Mar 20252,7219,56567.704.27$225,038
Feb 20259914,24270.884.34$88,656
Jan 20252,9619,31874.324.28$259,930
Dec 20242,9006,74468.993.12$221,122
Nov 20242,6673,91969.052.20$192,772
Oct 20242,0202,78571.372.28$150,521
Sep 20242,1841,96469.612.36$156,672
Aug 20242,4235,05575.632.06$193,683
Jul 20249982,78679.932.15$85,751
Jun 20241,6744,58678.082.63$142,785
May 20242,7928,24378.812.20$238,159
Apr 20242,75410,68184.451.66$250,297
Mar 20241,4005,40580.301.55$120,771
Feb 20242,90812,76176.091.78$244,031
Jan 20243,19512,63173.023.30$274,952
Dec 20233,23315,41371.262.61$270,623
Nov 20233,21515,24077.892.81$293,204
Oct 20233,46318,13885.443.09$351,876
Sep 20233,41014,99589.042.74$344,638
Aug 20233,53916,50980.522.67$329,087
Jul 20233,83516,93874.852.64$331,797
Jun 20233,86117,36968.962.26$305,482
May 20234,19018,28170.622.23$336,617
Apr 20234,33018,42678.122.24$379,493
Mar 20234,61320,42272.852.39$384,930
Feb 20234,40018,96775.112.47$377,251
Jan 20235,15621,66676.533.39$467,987
Dec 20226,08123,76076.415.73$600,772
Nov 20227,55420,65385.005.65$758,701
Oct 20224,48210,66887.185.86$453,295
Sep 20224,70015,62684.888.16$526,502
Aug 20229,85132,17794.529.13$1,224,801
Jul 202211,70337,633101.587.54$1,472,622
Jun 202215,97541,837115.097.98$2,172,305
May 202216,11332,681109.378.43$2,037,879
Apr 202227,05533,711104.226.84$3,050,174
Mar 202200108.885.08$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                2,032 bbl  × $106.41 =   $216,225
Casinghead gas    15,775 Mcf  × $  3.05 =    $48,048

────────────────────────────────────────────────────
Month total                                 $264,273

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/58162 is the state's own key, not one this site invented.