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Texas oil lease · RRC district 7C · Lease 16788

Producing

POWELL

Powell is an oil lease in Schleicher County, Texas, operated by Petx Operating LLC in the Tillery, NW. (Strawn) field. The Railroad Commission shows 925 bbl of oil in the 12 months through Jun 2026.

Oil lease dossier · 2 wells

925bbl oil, last 12 months−23% vs prior year
RRC lease
7C-16788

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Where it sits

This county

Schleicher CountySchleicherTom GreenIrionSuttonMenardConchoSchleicher County
Schleicher County · RRC district 7COpen Schleicher County →
Gas, last 12 months
482 mcf
Oil in Jun 2026
45 bbl
Reporting to the state
since Jan 2020
Wells
2

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 23% over the last 12 months

857 bbl in the 12 months through Jul 2026, against 1,119 bbl in the 12 months before. Jul 2026 was not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for POWELL, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 857 bbl in the 12 months through Jul 2026, against 1,119 bbl in the 12 months before.Last 12 months: 857 bblbbl per monthmcf per month005020100401506020080250100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 23% over the last 12 monthsMonthly oil production and gas for POWELL, Aug 2023 to Jul 2026. Oil output fell 23% over the last 12 months. 857 bbl in the 12 months through Jul 2026, against 1,119 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005020100401506020080250100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 16788, district 7C. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

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

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a processing plant in the last 12 monthsShare of POWELL 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 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, gas disposition by code, lease 16788, district 7C. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed 2 times, most recently in Jun 2025

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeOsborn Heirs Company, Jan 2020 to May 2023; Iron Orchard Operating LLC, Jun 2023 to May 2025; Petx Operating LLC, Jun 2025 to Jun 20262020202120222023202420252026Changed Jun 2023Changed Jun 2025Osborn Heirs CompanyJan 2020 to May 2023Iron Orchard Operating LLCJun 2023 to May 2025Petx Operating LLCJun 2025 to now
Operators of this lease over timeOsborn Heirs Company, Jan 2020 to May 2023; Iron Orchard Operating LLC, Jun 2023 to May 2025; Petx Operating LLC, Jun 2025 to Jun 20262020202120222023202420252026Changed Jun 2023Changed Jun 2025Osborn Heirs CompanyJan 2020 to May 2023Iron Orchard Operating LLCJun 2023 to May 2025Petx Operating LLCJun 2025 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 16788 in district 7C. The API number is the state’s ID for a well.
Wells on POWELL
API numberWell no.Status
42-413-32526101Active
42-413-32584103Active

SourceTexas Railroad Commission Wellbore Query, district 7C, lease 16788.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Energy Trans Crude Marketing LLC gathers it.

    100% of it, on the list since Jun 1, 2023

  • Gas from oil wells

    Caballo Loco Midstrm Inf Ii, LLC buys and gathers it.

    Caballo Loco Midstrm Inf Ii, LLC buys it: 100% of it, on the list since Jun 1, 2023 · Caballo Loco Midstrm Inf Ii, LLC gathers it: 100% of it, on the list since Jun 1, 2023

Companies that used to be listed: Wtg South Permian Midstream LLC (gathers it, until Jun 1, 2023); Wtg South Permian Midstream LLC (buys it, until Jun 1, 2023); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Jun 1, 2023); Davis Gas Processing, Inc. (gathers it, until Apr 22, 2021); Davis Gas Processing, Inc. (buys it, until Apr 22, 2021).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

200 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
22 not plugged
Horizontal
0
First completion
Sep 3, 2008
Latest permit
Feb 24, 2009

The wells on this lease state different acreage

The permits state between 200 and 1,180 acres. Use the acres from your own division order for the well you are paid on.

Wells and acres on the permits for Powell
API numberWell no.Acreson the permit
42-413-32584103200
42-413-325261011,180

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says POWELL sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for POWELL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Petx Operating45036360$84.81$3.15
May 2026Petx Operating778339390$102.13$2.94
Apr 2026Petx Operating278330300$100.32$2.77
Mar 2026Petx Operating108046460$91.38$3.04
Feb 2026Petx Operating11310718180$64.51$3.62
Jan 2026Petx Operating557449490$60.04$7.72
Dec 2025Petx Operating1610656560$57.97$4.26
Nov 2025Petx Operating8710058580$60.06$3.79
Oct 2025Petx Operating112062620$60.89$3.19
Sep 2025Petx Operating15120753530$63.96$2.97
Aug 2025Petx Operating6610519190$64.86$2.91
Jul 2025Petx Operating68016160$68.39$3.20
Jun 2025Petx Operating00000$68.17$3.02
May 2025Iron Orchard10610123230$62.17$3.12
Apr 2025Iron Orchard939734340$63.54$3.42
Mar 2025Iron Orchard929035350$68.24$4.12
Feb 2025Iron Orchard11719911110$71.53$4.19
Jan 2025Iron Orchard11910737370$75.74$4.13
Dec 2024Iron Orchard11810638380$70.12$3.01
Nov 2024Iron Orchard11910520200$69.95$2.12
Oct 2024Iron Orchard5410130300$71.99$2.20
Sep 2024Iron Orchard510537370$70.24$2.28
Aug 2024Iron Orchard22810736360$76.68$1.99
Jul 2024Iron Orchard1199440400$81.80$2.07
Jun 2024Iron Orchard10910738380$79.77$2.54
May 2024Iron Orchard1089339390$80.02$2.12
Apr 2024Iron Orchard13215156560$85.35$1.60
Mar 2024Iron Orchard12510844440$81.28$1.49
Feb 2024Iron Orchard9910628280$77.25$1.72
Jan 2024Iron Orchard9210841410$74.15$3.18
Dec 2023Iron Orchard12010847470$71.90$2.52
Nov 2023Iron Orchard12021051510$77.69$2.71
Oct 2023Iron Orchard104045450$85.64$2.98
Sep 2023Iron Orchard8310548480$89.43$2.64
Aug 2023Iron Orchard1748985850$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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  • Late payment interest

Around this lease

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Petx Operating LLC in Schleicher County

All Petx Operating LLC leases →

Tillery, NW. (Strawn) field

No other producing leases in this field are in our data yet.

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jun 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 16788, district 7C, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.