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Texas oil lease

Producing

POWELL 08 UNIT

Powell 08 Unit is an oil lease in Glasscock County, Texas, operated by OXY USA Inc. in the Spraberry (Trend Area) field.

8 wells

192,835bbl oil, last 12 months−34% vs prior year
Operator
OXY USA Inc.
RRC lease
08-57482

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
1,075,645 mcf
Oil in Jul 2026
14,426 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC, ONEOK MIDLAND MIDSTREAM, LLC replaced ETC GAS PROCESSING, LLC, CORONADO MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 34% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for POWELL 08 UNIT, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 192,835 bbl in the 12 months through Jul 2026, against 293,427 bbl in the 12 months before.Last 12 months: 192,835 bblbbl per monthmcf per month0010k50k20k100k30k150k40k200kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 34% over the last 12 monthsMonthly oil production and gas for POWELL 08 UNIT, Aug 2023 to Jul 2026. Oil output fell 34% over the last 12 months. 192,835 bbl in the 12 months through Jul 2026, against 293,427 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010k50k20k100k30k150k40k200kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

86% of the gas went to a transmission line in the last 12 months

  • Processing plant (3)
  • Transmission line (2)
  • Flared (4)
86% of the gas went to a transmission line in the last 12 monthsShare of POWELL 08 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
86% of the gas went to a transmission line in the last 12 monthsShare of POWELL 08 UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 86% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    86% · 925,773 mcf

  • Processing plant (3)

    14% · 149,611 mcf

  • Flared (4)

    0.0% · 261 mcf

8 wells on this lease

Wells on POWELL 08 UNIT
API numberWell no.Status
42-173-384020881CPActive
42-173-384030831LPActive
42-173-384040851APActive
42-173-384050843DPActive
42-173-384060833LPActive
42-173-384070853APActive
42-173-385030883CPActive
42-173-388490871NPActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer CompanyOilGathers80Mar 1, 2026–
Plains Marketing, L.p.OilGathers10Mar 1, 2026–
Transoil Marketing, LLCOilGathers10Mar 1, 2026–
Et Gathering & Processing LLCCasinghead gasBuys90Mar 1, 2026–
Oneok Midland Midstream, LLCCasinghead gasBuys10Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers90Feb 1, 2025–
Enlink Midstream Services, LLCCasinghead gasGathers10Feb 1, 2025–
Coronado Midstream LLCCasinghead gasBuys10Feb 1, 2025Mar 1, 2026
Etc Gas Processing, LLCCasinghead gasBuys90Feb 1, 2025Mar 1, 2026
Buckhead Midstream, LLCOilGathers5Feb 1, 2025Mar 1, 2026
Nustar Permian Trans and Stg,llcOilGathers95Mar 1, 2025Mar 1, 2026
Energy Transfer CompanyOilGathers90Feb 1, 2025Mar 1, 2025
Plains Pipeline L.p.OilGathers5Feb 1, 2025Mar 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

796.22 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 478.84 and 796.22 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    9 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Powell 08 Unit
API numberWell no.Acreson the permit
42-173-388490871NP796.22
42-173-385030883CP796.22
42-173-384020881CP796.22
42-173-384030831LP796.22
42-173-384040851AP796.22
42-173-384050843DP796.22
42-173-384060833LP796.22
42-173-384070853AP796.22
42-173-373721720 H478.84

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

What Occidental Petroleum Corporation told investors it received

OXY USA Inc. is linked to Occidental Petroleum Corporation (OXY).
Realized prices reported by Occidental Petroleum Corporation
QuarterOil$ per bblFiling
Q2 2026$96.78SEC filing
Q1 2026$69.91SEC filing
Q4 2025$58.99SEC filing
Q3 2025$64.78SEC filing
Q2 2025$63.76SEC filing
Q1 2025$71.07SEC filing

SourceOccidental Petroleum Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for POWELL 08 UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202614,42614,49891,54991,53811$80.46$2.89
Jun 202614,08514,03587,42387,4230$84.81$3.15
May 202614,94614,94792,87992,8790$102.13$2.94
Apr 202616,18016,24697,41397,4130$100.32$2.77
Mar 202615,28115,25085,93485,9340$91.38$3.04
Feb 202617,67517,72192,44192,4410$64.51$3.62
Jan 202616,40616,39990,91390,664249$60.04$7.72
Dec 202514,87314,88185,10985,1090$57.97$4.26
Nov 202517,44917,39788,34388,3430$60.06$3.79
Oct 202517,45817,46187,28687,2860$60.89$3.19
Sep 202516,18416,22981,42981,4281$63.96$2.97
Aug 202517,87217,81694,92694,9260$64.86$2.91
Jul 202520,10220,098106,587106,5870$68.39$3.20
Jun 202519,08619,10396,60996,6090$68.17$3.02
May 202521,64921,70098,78898,76820$62.17$3.12
Apr 202523,53423,50693,04293,0420$63.54$3.42
Mar 202523,92123,92391,96991,9690$68.24$4.12
Feb 202522,65822,70488,64788,63512$71.53$4.19
Jan 202526,37026,29991,58991,5890$75.74$4.13
Dec 202424,84524,86791,53891,52711$70.12$3.01
Nov 202428,08728,079100,342100,27963$69.95$2.12
Oct 202428,68828,73099,87399,8730$71.99$2.20
Sep 202427,05327,03685,09285,0920$70.24$2.28
Aug 202427,43427,40484,40584,4005$76.68$1.99
Jul 202427,60227,548103,061103,0610$81.80$2.07
Jun 202429,12529,10989,52289,367155$79.77$2.54
May 202428,03828,03085,18585,13847$80.02$2.12
Apr 202424,57024,57661,21461,19024$85.35$1.60
Mar 202428,91628,95168,83768,80532$81.28$1.49
Feb 202418,61618,59268,05167,95596$77.25$1.72
Jan 202410,65110,65851,93851,87662$74.15$3.18
Dec 20238,8578,90532,17232,1720$71.90$2.52
Nov 202324,24624,261105,755105,7550$77.69$2.71
Oct 202330,14330,156140,779140,7790$85.64$2.98
Sep 202331,14031,140143,586143,5860$89.43$2.64
Aug 202336,82236,807164,033164,0330$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

OXY USA Inc. in Glasscock County

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Spraberry (Trend Area) field

All leases in this field →

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Drilling permits within 10 km