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Texas oil lease

Producing

POWELL 23

Powell 23 is an oil lease in Upton County, Texas, operated by Extex Operating Company in the Spraberry (Trend Area) field.

2 wells

1,985bbl oil, last 12 months+75% vs prior year
Operator
Extex Operating Company
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-18873

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
13,760 mcf
Oil in Jul 2026
159 bbl

Production by month

Oil output rose 75% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 75% over the last 12 monthsMonthly oil production and gas for POWELL 23, Aug 2023 to Jul 2026. Oil output rose 75% over the last 12 months. 1,985 bbl in the 12 months through Jul 2026, against 1,135 bbl in the 12 months before.Last 12 months: 1,985 bblbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 75% over the last 12 monthsMonthly oil production and gas for POWELL 23, Aug 2023 to Jul 2026. Oil output rose 75% over the last 12 months. 1,985 bbl in the 12 months through Jul 2026, against 1,135 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002005004001,0006001,5008002,0001,0002,500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of POWELL 23 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of POWELL 23 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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.

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on POWELL 23
API numberWell no.Status
42-461-394133Shut-in
42-461-394191RActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jun 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jun 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Jun 1, 2023
Dorado Oil CompanyOilGathers100Jun 1, 2018Jun 1, 2023

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for Powell 23
API numberWell no.Acreson the permit
42-461-394133160
42-461-394191R160

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for POWELL 23
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating159175000$80.46$2.89
Jun 2026Extex Operating1201871,3251,3250$84.81$3.15
May 2026Extex Operating15001,5831,5830$102.13$2.94
Apr 2026Extex Operating168180000$100.32$2.77
Mar 2026Extex Operating1651511,1061,1060$91.38$3.04
Feb 2026Extex Operating1371781,2111,2110$64.51$3.62
Jan 2026Extex Operating1881631,6061,6060$60.04$7.72
Dec 2025Extex Operating1801891,3531,3530$57.97$4.26
Nov 2025Extex Operating1611631,2441,2440$60.06$3.79
Oct 2025Extex Operating1711821,3261,3260$60.89$3.19
Sep 2025Extex Operating1761961,3841,3840$63.96$2.97
Aug 2025Extex Operating2103841,6221,6220$64.86$2.91
Jul 2025Extex Operating12201,4191,4190$68.39$3.20
Jun 2025Extex Operating8301,2041,2040$68.17$3.02
May 2025Extex Operating218175000$62.17$3.12
Apr 2025Extex Operating176175000$63.54$3.42
Mar 2025Extex Operating29164000$68.24$4.12
Feb 2025Extex Operating263181000$71.53$4.19
Jan 2025Extex Operating2441841321320$75.74$4.13
Dec 2024Extex Operating00220$70.12$3.01
Nov 2024Extex Operating0011110$69.95$2.12
Oct 2024Extex Operating00000$71.99$2.20
Sep 2024Extex Operating00000$70.24$2.28
Aug 2024Extex Operating00000$76.68$1.99
Jul 2024Extex Operating00330$81.80$2.07
Jun 2024Extex Operating00000$79.77$2.54
May 2024Extex Operating00880$80.02$2.12
Apr 2024Extex Operating0018180$85.35$1.60
Mar 2024Extex Operating2193611,1781,1780$81.28$1.49
Feb 2024Extex Operating3433711,6191,6190$77.25$1.72
Jan 2024Extex Operating1341844214210$74.15$3.18
Dec 2023Extex Operating3551841,3561,3560$71.90$2.52
Nov 2023Extex Operating22000$77.69$2.71
Oct 2023Extex Operating3163621,0701,0700$85.64$2.98
Sep 2023Extex Operating3093678268260$89.43$2.64
Aug 2023Extex Operating5615392,1672,1670$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

This lease belongs to

OperatorExtex Operating CompanyFieldSpraberry (Trend Area)CountyUpton County

Extex Operating Company in Upton County

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Spraberry (Trend Area) field

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