Texas oil lease
ProducingPOWELL 1582CP
Powell 1582CP is an oil lease in Glasscock County, Texas, operated by OXY USA Inc. in the Spraberry (Trend Area) field.
1 well
- Operator
- OXY USA Inc.
- County
- Glasscock County
- RRC lease
- 08-58903
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 70,739 mcf
- Oil in Jul 2026
- 930 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 leaseProduction by month
Oil output fell 36% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
85% of the gas went to a transmission line in the last 12 months
- Processing plant (3)
- Transmission line (2)
- Flared (4)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Transmission line (2)
85% · 59,994 mcf
Processing plant (3)
15% · 10,730 mcf
Flared (4)
0.0% · 15 mcf
1 well on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-173-38770 | 2H | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Transfer Company | Oil | Gathers | 80 | Mar 1, 2026 | – |
| Plains Marketing, L.p. | Oil | Gathers | 10 | Mar 1, 2026 | – |
| Transoil Marketing, LLC | Oil | Gathers | 10 | Mar 1, 2026 | – |
| Et Gathering & Processing LLC | Casinghead gas | Buys | 90 | Mar 1, 2026 | – |
| Oneok Midland Midstream, LLC | Casinghead gas | Buys | 10 | Mar 1, 2026 | – |
| Energy Transfer Company | Casinghead gas | Gathers | 90 | Feb 1, 2025 | – |
| Enlink Midstream Services, LLC | Casinghead gas | Gathers | 10 | Feb 1, 2025 | – |
| Coronado Midstream LLC | Casinghead gas | Buys | 10 | Feb 1, 2025 | Mar 1, 2026 |
| Etc Gas Processing, LLC | Casinghead gas | Buys | 90 | Feb 1, 2025 | Mar 1, 2026 |
| Buckhead Midstream, LLC | Oil | Gathers | 5 | Feb 1, 2025 | Mar 1, 2026 |
| Nustar Permian Trans and Stg,llc | Oil | Gathers | 95 | Mar 1, 2025 | Mar 1, 2026 |
| Energy Transfer Company | Oil | Gathers | 90 | Feb 1, 2025 | Mar 1, 2025 |
| Plains Pipeline L.p. | Oil | Gathers | 5 | Feb 1, 2025 | Mar 1, 2025 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
1,281.48 acres on the newest permit
- Worth asking
An allocation well is on this lease
A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.
- 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-173-38770 | 2H | Jun 1, 2022 | Oct 18, 2022 | 1,281.48 |
What Occidental Petroleum Corporation told investors it received
| Quarter | Oil$ per bbl | Gas$ per mcf | Gas liquids$ per bbl | Filing |
|---|---|---|---|---|
| Q2 2026 | $96.78 | −$0.80 | $24.64 | SEC filing |
| Q1 2026 | $69.91 | $1.20 | $18.99 | SEC filing |
| Q4 2025 | $58.99 | $1.29 | $16.66 | SEC filing |
| Q3 2025 | $64.78 | $1.57 | $19.60 | SEC filing |
| Q2 2025 | $63.76 | $1.46 | $20.71 | SEC filing |
| Q1 2025 | $71.07 | $2.30 | $25.94 | SEC filing |
SourceOccidental Petroleum Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026 | 930 | 932 | 6,955 | 6,954 | 1 | $80.46 | $2.89 |
| Jun 2026 | 791 | 789 | 4,796 | 4,796 | 0 | $84.81 | $3.15 |
| May 2026 | 1,113 | 1,113 | 5,703 | 5,703 | 0 | $102.13 | $2.94 |
| Apr 2026 | 826 | 829 | 6,069 | 6,069 | 0 | $100.32 | $2.77 |
| Mar 2026 | 1,033 | 1,029 | 5,993 | 5,993 | 0 | $91.38 | $3.04 |
| Feb 2026 | 738 | 742 | 4,126 | 4,126 | 0 | $64.51 | $3.62 |
| Jan 2026 | 904 | 903 | 4,816 | 4,802 | 14 | $60.04 | $7.72 |
| Dec 2025 | 1,253 | 1,253 | 6,107 | 6,107 | 0 | $57.97 | $4.26 |
| Nov 2025 | 1,101 | 1,101 | 6,267 | 6,267 | 0 | $60.06 | $3.79 |
| Oct 2025 | 1,292 | 1,294 | 6,310 | 6,310 | 0 | $60.89 | $3.19 |
| Sep 2025 | 1,564 | 1,562 | 6,574 | 6,574 | 0 | $63.96 | $2.97 |
| Aug 2025 | 1,482 | 1,481 | 7,023 | 7,023 | 0 | $64.86 | $2.91 |
| Jul 2025 | 1,685 | 1,681 | 7,998 | 7,998 | 0 | $68.39 | $3.20 |
| Jun 2025 | 370 | 375 | 1,842 | 1,842 | 0 | $68.17 | $3.02 |
| May 2025 | 1,775 | 1,775 | 13,782 | 13,779 | 3 | $62.17 | $3.12 |
| Apr 2025 | 1,526 | 1,527 | 4,619 | 4,619 | 0 | $63.54 | $3.42 |
| Mar 2025 | 1,575 | 1,576 | 7,176 | 7,176 | 0 | $68.24 | $4.12 |
| Feb 2025 | 1,598 | 1,600 | 8,240 | 8,239 | 1 | $71.53 | $4.19 |
| Jan 2025 | 1,890 | 1,888 | 12,035 | 12,035 | 0 | $75.74 | $4.13 |
| Dec 2024 | 2,141 | 2,140 | 14,725 | 14,723 | 2 | $70.12 | $3.01 |
| Nov 2024 | 1,923 | 1,929 | 9,568 | 9,561 | 7 | $69.95 | $2.12 |
| Oct 2024 | 3,752 | 3,740 | 8,096 | 8,096 | 0 | $71.99 | $2.20 |
| Sep 2024 | 318 | 324 | 1,652 | 1,652 | 0 | $70.24 | $2.28 |
| Aug 2024 | 1,919 | 1,919 | 10,578 | 10,577 | 1 | $76.68 | $1.99 |
| Jul 2024 | 2,507 | 2,502 | 12,479 | 12,479 | 0 | $81.80 | $2.07 |
| Jun 2024 | 2,549 | 2,549 | 12,455 | 12,433 | 22 | $79.77 | $2.54 |
| May 2024 | 2,609 | 2,609 | 13,318 | 13,310 | 8 | $80.02 | $2.12 |
| Apr 2024 | 2,913 | 2,914 | 13,715 | 13,710 | 5 | $85.35 | $1.60 |
| Mar 2024 | 3,051 | 3,058 | 13,741 | 13,734 | 7 | $81.28 | $1.49 |
| Feb 2024 | 2,486 | 2,488 | 12,781 | 12,763 | 18 | $77.25 | $1.72 |
| Jan 2024 | 2,825 | 2,825 | 11,390 | 11,376 | 14 | $74.15 | $3.18 |
| Dec 2023 | 3,121 | 3,121 | 14,151 | 14,151 | 0 | $71.90 | $2.52 |
| Nov 2023 | 3,391 | 3,391 | 14,604 | 14,604 | 0 | $77.69 | $2.71 |
| Oct 2023 | 3,633 | 3,635 | 16,559 | 16,559 | 0 | $85.64 | $2.98 |
| Sep 2023 | 3,897 | 3,895 | 15,084 | 15,084 | 0 | $89.43 | $2.64 |
| Aug 2023 | 3,981 | 3,982 | 16,813 | 16,813 | 0 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
OXY USA Inc. in Glasscock County
- WOODY A
18,333 bbl
- POWELL 1787CP
14,536 bbl
- POWELL 1005
16,498 bbl
- BRUNSON
10,090 bbl
- POWELL 1004
14,261 bbl
- POWELL 0857AP
13,822 bbl
- POWELL 1586CP
12,484 bbl
- POWELL 1087CP
10,532 bbl
- POWELL 1001
11,633 bbl
- WOODY
10,889 bbl
Spraberry (Trend Area) field
- GUARDIAN 250 A
12,615 bbl
- UL 0312 W11
8,760 bbl
- DANIEL EAST 10-15 C
10,765 bbl
- CUMBERLAND WEST H
9,261 bbl
- NIMITZ
14,484 bbl
- ROMAN
16,076 bbl
- CRAIG
15,032 bbl
- CALVERLEY 43/6 C
15,074 bbl
- HAVERCROST 14
14,716 bbl
- EPLEY-SALE 39Q
9,997 bbl
Leases within 10 km
- POWELL 1580CP
16,656 bbl · 0 km
- COX 22 A
68,982 bbl · 0.3 km
- COX 22 B
56,855 bbl · 0.3 km
- COX 22 D
55,118 bbl · 0.3 km
- COX 22-27
9,968 bbl · 0.4 km
- POWELL 1584CP
21,911 bbl · 0.4 km
- POWELL 1586CP
12,484 bbl · 0.4 km
- COX 22 J
163,167 bbl · 0.4 km
- COX 22 K
112,652 bbl · 0.4 km
- COX 22 L
137,894 bbl · 0.4 km
Drilling permits within 10 km
HURT-BRUNSON 32P #16H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Glasscock County · 8.5 km
Permit 0916099 · Jul 9, 2026
HURT-BRUNSON 32K #11H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Glasscock County · 8.5 km
Permit 0916094 · Jul 9, 2026
HURT-BRUNSON 32M #13H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Glasscock County · 8.5 km
Permit 0916096 · Jul 8, 2026
HURT-BRUNSON 32O #15H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Glasscock County · 8.5 km
Permit 0916098 · Jul 8, 2026
HURT-BRUNSON 32J #10H
new drill · horizontal · Pioneer Natural Res. USA, Inc. · Glasscock County · 8.5 km
Permit 0916093 · Jul 8, 2026