POWELL 1089CP

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 58905District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$23.7 M
Oct 2022 – May 2026
Value, last 12 filed months
$3.3 M
at the published price for each month
Months reported
44
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
OilDisposition283,511 bbl$21,440,698
Casinghead gasProduction725,669 Mcf$2,290,924
Total$23,731,622

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 31.9227, -101.6331. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92267, -101.63313 · 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
9,776 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 9,776 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-173387746H9,776 ftOct 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 (44)

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

44 months

May 20263,02012,925106.413.05$360,726
Apr 20262,88712,56698.932.87$321,672
Mar 20262,90011,92489.753.15$297,829
Feb 20262,91811,36863.503.75$227,927
Jan 20263,09912,17059.138.00$280,579
Dec 20253,06312,34356.664.41$228,024
Nov 20253,37412,99958.593.93$248,722
Oct 20253,36813,21459.383.30$243,662
Sep 20253,23813,54362.743.08$244,823
Aug 20253,30413,04163.933.01$250,540
Jul 20253,53413,89366.743.32$281,917
Jun 20253,45614,05566.483.13$273,729
May 20253,51013,32260.553.23$255,591
Apr 20253,98813,35962.363.54$296,024
Mar 20254,41313,28167.704.27$355,448
Feb 20254,07312,87670.884.34$344,587
Jan 20255,03315,26474.324.28$439,362
Dec 20245,09816,93568.993.12$404,571
Nov 20245,36515,48169.052.20$404,487
Oct 20245,40010,99971.372.28$410,491
Sep 20245,8279,87969.612.36$428,975
Aug 20241,3555,21275.632.06$113,234
Jul 20245,10417,84079.932.15$446,258
Jun 20245,21717,90378.082.63$454,500
May 20245,28819,76178.812.20$460,191
Apr 20245,95819,13784.451.66$534,905
Mar 20246,50719,70580.301.55$552,959
Feb 20246,04519,36676.091.78$494,506
Jan 20244,3816,32173.023.30$340,745
Dec 20234,69711,84371.262.61$365,627
Nov 20236,26515,00077.892.81$530,094
Oct 20237,17122,22985.443.09$681,317
Sep 20237,09917,70089.042.74$680,505
Aug 20238,22018,54880.522.67$711,451
Jul 20238,54518,49174.852.64$688,443
Jun 20238,63319,25368.962.26$638,814
May 20239,79122,56270.622.23$741,695
Apr 20239,79923,06578.122.24$817,112
Mar 202312,01629,07672.852.39$944,949
Feb 202312,33628,86075.112.47$997,716
Jan 202317,36434,05076.533.39$1,444,219
Dec 202224,18531,59376.415.73$2,028,975
Nov 202221,59427,02185.005.65$1,988,056
Oct 20225,0735,69687.185.86$475,664

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                3,020 bbl  × $106.41 =   $321,358
Casinghead gas    12,925 Mcf  × $  3.05 =    $39,367

────────────────────────────────────────────────────
Month total                                 $360,726

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/58905 is the state's own key, not one this site invented.