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Texas oil lease

Producing

POWELL 1580CP

Powell 1580CP is an oil lease in Glasscock County, Texas, operated by OXY USA Inc. in the Spraberry (Trend Area) field.

1 well

16,656bbl oil, last 12 months−37% vs prior year
Operator
OXY USA Inc.
RRC lease
08-58902

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Where it sits

This county

Glasscock CountyGlasscockMitchellMartinSterlingMidlandHowardGlasscock County
Glasscock County
Gas, last 12 months
131,887 mcf
Oil in Jul 2026
1,100 bbl

Production by month

Oil output fell 37% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for POWELL 1580CP, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 16,656 bbl in the 12 months through Jul 2026, against 26,345 bbl in the 12 months before.Last 12 months: 16,656 bblbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 37% over the last 12 monthsMonthly oil production and gas for POWELL 1580CP, Aug 2023 to Jul 2026. Oil output fell 37% over the last 12 months. 16,656 bbl in the 12 months through Jul 2026, against 26,345 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,0005,0004,00010k6,00015k8,00020kJan 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 1580CP 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 1580CP 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% · 113,775 mcf

  • Processing plant (3)

    14% · 18,076 mcf

  • Flared (4)

    0.0% · 36 mcf

1 well on this lease

Wells on POWELL 1580CP
API numberWell no.Status
42-173-387691HActive

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).

1,281.48 acres on the newest permit

An allocation well is on this lease

Permits for Powell 1580CP
API numberWell no.Acreson the permit
42-173-387691H1,281.48

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 1580CP
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,1001,10511,37611,3751$80.46$2.89
Jun 20261,1431,13911,18911,1890$84.81$3.15
May 20261,3361,33712,90412,9040$102.13$2.94
Apr 20261,2911,29512,82812,8280$100.32$2.77
Mar 20261,3901,38612,85712,8570$91.38$3.04
Feb 20261,3081,31511,00011,0000$64.51$3.62
Jan 20261,7351,73112,40612,37135$60.04$7.72
Dec 20251,9101,9078,8358,8350$57.97$4.26
Nov 20251,1611,1605,2675,2670$60.06$3.79
Oct 20251,0191,0227,1877,1870$60.89$3.19
Sep 20251,5751,57412,76812,7680$63.96$2.97
Aug 20251,6881,68713,27013,2700$64.86$2.91
Jul 20251,9471,94813,05613,0560$68.39$3.20
Jun 20252,1592,15510,67210,6720$68.17$3.02
May 20251,0211,0256,1196,1181$62.17$3.12
Apr 20251,7921,79312,00812,0080$63.54$3.42
Mar 20251,7311,73311,63611,6360$68.24$4.12
Feb 20251,9781,98011,36411,3622$71.53$4.19
Jan 20252,3812,37812,98012,9800$75.74$4.13
Dec 20242,4182,41814,00614,0042$70.12$3.01
Nov 20242,5732,57514,09614,0879$69.95$2.12
Oct 20243,0233,02112,05212,0520$71.99$2.20
Sep 20242,6702,67014,43214,4320$70.24$2.28
Aug 20242,6522,65216,47416,4731$76.68$1.99
Jul 20243,0663,06118,78218,7820$81.80$2.07
Jun 20245,3825,38011,30611,28620$79.77$2.54
May 20243,5083,5077,1947,1904$80.02$2.12
Apr 20249979993,6653,6632$85.35$1.60
Mar 20243,0583,06611,17911,1745$81.28$1.49
Feb 20242,9102,91313,43413,41519$77.25$1.72
Jan 20243,3793,38213,31213,29616$74.15$3.18
Dec 20234,1294,12615,84215,8420$71.90$2.52
Nov 20233,9563,95917,23517,2350$77.69$2.71
Oct 20235,1425,13315,94415,9440$85.64$2.98
Sep 20232,3402,3459,0479,0470$89.43$2.64
Aug 20234,3644,36515,58615,5860$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

OXY USA Inc. in Glasscock County

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Spraberry (Trend Area) field

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