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POWELL 48

Powell 48 is an oil lease in Howard County, Texas, operated by Oak Energy, LLC in the Spraberry (Trend Area) field.

1 well

1,713bbl oil, last 12 months−39% vs prior year
Operator
Oak Energy, LLC
County
Howard County
Field
Spraberry (Trend Area)
RRC lease
08-48174

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Gas, last 12 months
11,008 mcf
Oil in May 2023
0 bbl

Production by month

Oil output fell 39% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for POWELL 48, Jun 2020 to May 2023. Oil output fell 39% over the last 12 months. 1,713 bbl in the 12 months through May 2023, against 2,825 bbl in the 12 months before.Last 12 months: 1,713 bblbbl per monthmcf per month002001,0004002,0006003,0008004,000Jul 20OctJan 21AprJulOctJan 22AprJulOctJan 23Apr
Oil output fell 39% over the last 12 monthsMonthly oil production and gas for POWELL 48, Jun 2020 to May 2023. Oil output fell 39% over the last 12 months. 1,713 bbl in the 12 months through May 2023, against 2,825 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002001,0004002,0006003,0008004,000Jul 20Jan 21JulJan 22JulJan 23

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of POWELL 48 gas by disposition code each month, Jun 2020 to May 2023. All 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%Jul 20OctJan 21AprJulOctJan 22AprJulOctJan 23Apr
All of the gas went to a transmission line in the last 12 monthsShare of POWELL 48 gas by disposition code each month, Jun 2020 to May 2023. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jul 20Jan 21JulJan 22JulJan 23

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Sep 2020

Operators of this lease over timeHaimo Oil & Gas LLC, Jan 2020 to Aug 2020; Oak Energy, LLC, Sep 2020 to May 20232020202120222023Changed Sep 2020Haimo Oil & Gas LLCJan 2020 to Aug 2020Oak Energy, LLCSep 2020 to now
Operators of this lease over timeHaimo Oil & Gas LLC, Jan 2020 to Aug 2020; Oak Energy, LLC, Sep 2020 to May 20232020202120222023Changed Sep 2020Haimo Oil & Gas LLCJan 2020 to Aug 2020Oak Energy, LLCSep 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on POWELL 48
API numberWell no.Status
42-227-387825Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Bml, Inc. BOilGathers100Aug 2, 2016
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017

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

Who buys my oilOil price check

642.50 acres on the newest permit

Permits for Powell 48
API numberWell no.Acreson the permit
42-227-387825642.50

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for POWELL 48
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
May 2023Oak Energy,001051050$71.58$2.15
Apr 2023Oak Energy,131845695690$79.45$2.16
Mar 2023Oak Energy,17401,3361,3360$73.28$2.31
Feb 2023Oak Energy,2153516366360$76.83$2.38
Jan 2023Oak Energy,2301831,2981,2980$78.12$3.27
Dec 2022Oak Energy,2023692862860$76.44$5.53
Nov 2022Oak Energy,2051822532530$84.37$5.45
Oct 2022Oak Energy,1431821,7401,7400$87.55$5.66
Sep 2022Oak Energy,5213651,7401,7400$84.26$7.88
Aug 2022Oak Energy,009049040$93.67$8.81
Jul 2022Oak Energy,001,0691,0690$101.62$7.28
Jun 2022Oak Energy,1001,0721,0720$114.84$7.70
May 2022Oak Energy,3639151,5111,5110$109.55$8.14
Apr 2022Oak Energy,352182550$101.78$6.60
Mar 2022Oak Energy,3410000$108.50$4.90
Feb 2022Oak Energy,007757750$91.64$4.69
Jan 2022Oak Energy,1001861,2471,2470$83.22$4.38
Dec 2021Oak Energy,6325962,7642,7640$71.71$3.76
Nov 2021Oak Energy,5657233,0273,0270$79.15$5.05
Oct 2021Oak Energy,1011209109100$81.48$5.51
Sep 2021Oak Energy,390000$71.65$5.16
Aug 2021Oak Energy,1490000$67.73$4.07
Jul 2021Oak Energy,670000$72.49$3.84
Jun 2021Oak Energy,116183000$71.38$3.26
May 2021Oak Energy,1090000$65.17$2.91
Apr 2021Oak Energy,92102000$61.72$2.66
Mar 2021Oak Energy,111176000$62.33$2.62
Feb 2021Oak Energy,910000$59.04$5.35
Jan 2021Oak Energy,512356000$52.00$2.71
Dec 2020Oak Energy,00000$47.02$2.58
Nov 2020Oak Energy,00000$40.94$2.61
Oct 2020Oak Energy,345345000$39.40$2.39
Sep 2020Oak Energy,3373371891890$39.63$1.92
Aug 2020Haimo Oil6826822,7532,7530$42.34$2.30
Jul 2020Haimo Oil001,2511,2510$40.71$1.76
Jun 2020Haimo Oil571692682680$38.31$1.63

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

OperatorOak Energy, LLCFieldSpraberry (Trend Area)CountyHoward County

Oak Energy, LLC in Howard County

No other producing leases from this operator in this county are in our data yet.

Spraberry (Trend Area) field

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