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Texas oil lease

Producing

POWELL 35XB

Powell 35XB is an oil lease in Upton County, Texas, operated by Ovintiv USA Inc. in the Spraberry (Trend Area) field.

Oil lease dossier

276bbl oil, last 12 months−96% vs prior year
RRC lease
7C-21326

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Where it sits

This county

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

Production by month

Oil output fell 96% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 96% over the last 12 monthsMonthly oil production and gas for POWELL 35XB, Aug 2023 to Jul 2026. Oil output fell 96% over the last 12 months. 276 bbl in the 12 months through Jul 2026, against 6,262 bbl in the 12 months before.Last 12 months: 276 bblbbl per monthmcf per month005001001,0002001,5003002,000400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 96% over the last 12 monthsMonthly oil production and gas for POWELL 35XB, Aug 2023 to Jul 2026. Oil output fell 96% over the last 12 months. 276 bbl in the 12 months through Jul 2026, against 6,262 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001001,0002001,5003002,000400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuelShare of POWELL 35XB gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Mar 2026: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuelShare of POWELL 35XB gas by disposition code each month, Aug 2023 to Jul 2026. Since Mar 2026 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Mar 26: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Lease fuel (1)

    100% · 2,453 mcf

  • Processing plant (3)

    0.5% · 12 mcf

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Medallion Operating Company, LLCOilGathers100Jun 1, 2019
Energy Transfer CompanyCasinghead gasBuys100Jun 1, 2019
Energy Transfer CompanyCasinghead gasGathers100Jun 1, 2019

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

960 acres on the newest permit

An allocation well is on this lease

Permits for Powell 35XB
API numberWell no.Acreson the permit
42-461-4004312H960

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

What Ovintiv Inc. told investors it received

Ovintiv USA Inc. is linked to Ovintiv Inc. (OVV).
Realized prices reported by Ovintiv Inc.
QuarterOil$ per bblFiling
Q2 2026$100.69SEC filing
Q1 2026$72.62SEC filing
Q4 2025$59.55SEC filing
Q3 2025$66.22SEC filing
Q2 2025$64.50SEC filing
Q1 2025$71.79SEC filing

SourceOvintiv Inc. quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for POWELL 35XB
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261217000$80.46$2.89
Jun 2026115000$84.81$3.15
May 202681000$102.13$2.94
Apr 20262121660$100.32$2.77
Mar 20262424660$91.38$3.04
Feb 20261919000$64.51$3.62
Jan 20262830000$60.04$7.72
Dec 20253129000$57.97$4.26
Nov 20252625000$60.06$3.79
Oct 20252727000$60.89$3.19
Sep 20252729000$63.96$2.97
Aug 20254247000$64.86$2.91
Jul 2025105105000$68.39$3.20
Jun 2025105114000$68.17$3.02
May 2025207220000$62.17$3.12
Apr 2025419417000$63.54$3.42
Mar 2025453432000$68.24$4.12
Feb 202593126000$71.53$4.19
Jan 2025534554000$75.74$4.13
Dec 2024787814000$70.12$3.01
Nov 2024812770000$69.95$2.12
Oct 2024816823000$71.99$2.20
Sep 2024646679000$70.24$2.28
Aug 20241,2851,257000$76.68$1.99
Jul 20241,1481,16127100$81.80$2.07
Jun 20241,3811,37128500$79.77$2.54
May 20241,3551,34829500$80.02$2.12
Apr 20241,0611,05726200$85.35$1.60
Mar 202490291024100$81.28$1.49
Feb 20241,0241,02322200$77.25$1.72
Jan 202492991221800$74.15$3.18
Dec 20231,1031,12121900$71.90$2.52
Nov 20231,0351,02922100$77.69$2.71
Oct 202391689221900$85.64$2.98
Sep 20234093839500$89.43$2.64
Aug 20233751000$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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