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Texas oil lease

Producing

POWELL "B"

Powell "B" is an oil lease in Upton County, Texas, operated by Reverence Operating LLC in the Spraberry (Trend Area) field.

3 wells

1,757bbl oil, last 12 months+156% vs prior year
RRC lease
7C-10527

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Oil in Jul 2026
145 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 156% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 156% over the last 12 monthsMonthly oil production and gas for POWELL "B", Aug 2023 to Jul 2026. Oil output rose 156% over the last 12 months. 1,757 bbl in the 12 months through Jul 2026, against 687 bbl in the 12 months before.Last 12 months: 1,757 bblbbl per monthmcf per month0010050200100300150400200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 156% over the last 12 monthsMonthly oil production and gas for POWELL "B", Aug 2023 to Jul 2026. Oil output rose 156% over the last 12 months. 1,757 bbl in the 12 months through Jul 2026, against 687 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010050200100300150400200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

65% of the gas went to lease fuel in the last 12 months

  • Processing plant (3)
  • Lease fuel (1)
65% of the gas went to lease fuel in the last 12 monthsShare of POWELL "B" gas by disposition code each month, Aug 2023 to Jul 2026. 65% of the gas went to lease fuel in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
65% of the gas went to lease fuel in the last 12 monthsShare of POWELL "B" gas by disposition code each month, Aug 2023 to Jul 2026. 65% of the gas went to lease fuel 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.

  • Lease fuel (1)

    65% · 1,105 mcf

  • Processing plant (3)

    35% · 603 mcf

Who has run this lease

The operator changed 2 times, most recently in Oct 2025

Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Oct 2021; Ovintiv USA Inc., Nov 2021 to Sep 2025; Reverence Operating LLC, Oct 2025 to Jul 20262020202120222023202420252026Changed Nov 2021Changed Oct 2025Pioneer Natural Res. USA, Inc.Jan 2020 to Oct 2021Ovintiv USA Inc.Nov 2021 to Sep 2025Reverence Operating LLCOct 2025 to now
Operators of this lease over timePioneer Natural Res. USA, Inc., Jan 2020 to Oct 2021; Ovintiv USA Inc., Nov 2021 to Sep 2025; Reverence Operating LLC, Oct 2025 to Jul 20262020202120222023202420252026Changed Nov 2021Changed Oct 2025Pioneer Natural Res. USA, Inc.Jan 2020 to Oct 2021Ovintiv USA Inc.Nov 2021 to Sep 2025Reverence Operating LLCOct 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on POWELL "B"
API numberWell no.Status
42-461-320981Active
42-461-348962Shut-in
42-461-350243Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers50Apr 1, 2026–
Gulfmark Energy, Inc.OilGathers50Apr 1, 2026–
Explore Logistics LLCOilGathers100Oct 1, 2025Apr 1, 2026
Gulfmark Energy, Inc.OilGathers100Apr 1, 2025Oct 1, 2025
Oasis Transp & Marketing Corp.OilGathers100Dec 1, 2023Apr 1, 2025
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015Dec 1, 2023
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015Dec 1, 2023
Plains Marketing, L.p.OilGathers100Jul 1, 2000Dec 1, 2023

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

163.63 acres on the newest permit

The wells on this lease state different acreage

The permits state between 163.63 and 320 acres.

Permits for Powell "B"
API numberWell no.Acreson the permit
42-461-350243163.63
42-461-348962163.63
42-461-320981320

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

Estimate your royalty

36 months, newest first

Ledger for POWELL "B"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Reverence Operating1450000$80.46$2.89
Jun 2026Reverence Operating152178000$84.81$3.15
May 2026Reverence Operating174180000$102.13$2.94
Apr 2026Reverence Operating181180000$100.32$2.77
Mar 2026Reverence Operating205178000$91.38$3.04
Feb 2026Reverence Operating233357000$64.51$3.62
Jan 2026Reverence Operating252187000$60.04$7.72
Dec 2025Reverence Operating276346000$57.97$4.26
Nov 2025Reverence Operating1380000$60.06$3.79
Oct 2025Reverence Operating10000$60.89$3.19
Sep 2025Ovintiv USA00000$63.96$2.97
Aug 2025Ovintiv USA00000$64.86$2.91
Jul 2025Ovintiv USA00000$68.39$3.20
Jun 2025Ovintiv USA00000$68.17$3.02
May 2025Ovintiv USA00000$62.17$3.12
Apr 2025Ovintiv USA00000$63.54$3.42
Mar 2025Ovintiv USA00000$68.24$4.12
Feb 2025Ovintiv USA00000$71.53$4.19
Jan 2025Ovintiv USA32010390$75.74$4.13
Dec 2024Ovintiv USA120161143490$70.12$3.01
Nov 2024Ovintiv USA133185148580$69.95$2.12
Oct 2024Ovintiv USA138175135410$71.99$2.20
Sep 2024Ovintiv USA1280144540$70.24$2.28
Aug 2024Ovintiv USA136183137430$76.68$1.99
Jul 2024Ovintiv USA137184132380$81.80$2.07
Jun 2024Ovintiv USA128178134440$79.77$2.54
May 2024Ovintiv USA1380146520$80.02$2.12
Apr 2024Ovintiv USA144168145550$85.35$1.60
Mar 2024Ovintiv USA150186186920$81.28$1.49
Feb 2024Ovintiv USA126174155680$77.25$1.72
Jan 2024Ovintiv USA146188166720$74.15$3.18
Dec 2023Ovintiv USA1550169750$71.90$2.52
Nov 2023Ovintiv USA157186177870$77.69$2.71
Oct 2023Ovintiv USA170163159650$85.64$2.98
Sep 2023Ovintiv USA123150151610$89.43$2.64
Aug 2023Ovintiv USA152125173790$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

Reverence Operating LLC in Upton County

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Spraberry (Trend Area) field

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