Skip to content
Royalty Clerk

Texas oil lease

Producing

POWELL "I"

Powell "I" is an oil lease in Upton County, Texas, operated by Conocophillips Company in the Spraberry (Trend Area) field.

Oil lease dossier

15bbl oil, last 12 months−79% vs prior year
RRC lease
7C-21868

Is your check right?

Check my statement

Where it sits

This county

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

Production by month

Oil output fell 79% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 79% over the last 12 monthsMonthly oil production and gas for POWELL "I", Aug 2023 to Jul 2026. Oil output fell 79% over the last 12 months. 15 bbl in the 12 months through Jul 2026, against 70 bbl in the 12 months before.Last 12 months: 15 bblbbl per monthmcf per month001020204030604080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 79% over the last 12 monthsMonthly oil production and gas for POWELL "I", Aug 2023 to Jul 2026. Oil output fell 79% over the last 12 months. 15 bbl in the 12 months through Jul 2026, against 70 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001020204030604080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to lease fuel in the last 12 months

All of the gas went to lease fuel in the last 12 monthsShare of POWELL "I" gas by disposition code each month, Aug 2023 to Jul 2026. All 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
All of the gas went to lease fuel in the last 12 monthsShare of POWELL "I" gas by disposition code each month, Aug 2023 to Jul 2026. All 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.

Who has run this lease

The operator changed once, most recently in Feb 2024

Operators of this lease over timeDe IV Operating, LLC, Jan 2023 to Jan 2024; Conocophillips Company, Feb 2024 to Jul 20262023202420252026Changed Feb 2024De IV Operating, LLCJan 2023 to Jan 2024Conocophillips CompanyFeb 2024 to now
Operators of this lease over timeDe IV Operating, LLC, Jan 2023 to Jan 2024; Conocophillips Company, Feb 2024 to Jul 20262023202420252026Changed Feb 2024De IV Operating, LLCJan 2023 to Jan 2024Conocophillips CompanyFeb 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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%FromUntil
Mv Purchasing, LLCOilGathers100Jun 1, 2026–
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Jan 1, 2023–
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Jan 1, 2023–
Transoil Marketing, LLCOilGathers100Jan 1, 2023Jun 1, 2026

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

81.69 acres on the newest permit

Permits for Powell "I"
API numberWell no.Acreson the permit
42-461-34897281.69

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

What ConocoPhillips told investors it received

Conocophillips Company is linked to ConocoPhillips (COP).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing
Q3 2024$76.77SEC filing

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

Estimate your royalty

36 months, newest first

Ledger for POWELL "I"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Conocophillips Company103100$80.46$2.89
Jun 2026Conocophillips Company003000$84.81$3.15
May 2026Conocophillips Company003100$102.13$2.94
Apr 2026Conocophillips Company003000$100.32$2.77
Mar 2026Conocophillips Company003100$91.38$3.04
Feb 2026Conocophillips Company002800$64.51$3.62
Jan 2026Conocophillips Company003100$60.04$7.72
Dec 2025Conocophillips Company003100$57.97$4.26
Nov 2025Conocophillips Company003000$60.06$3.79
Oct 2025Conocophillips Company003100$60.89$3.19
Sep 2025Conocophillips Company002000$63.96$2.97
Aug 2025Conocophillips Company1401700$64.86$2.91
Jul 2025Conocophillips Company3101200$68.39$3.20
Jun 2025Conocophillips Company00000$68.17$3.02
May 2025Conocophillips Company002600$62.17$3.12
Apr 2025Conocophillips Company003000$63.54$3.42
Mar 2025Conocophillips Company003100$68.24$4.12
Feb 2025Conocophillips Company002800$71.53$4.19
Jan 2025Conocophillips Company003100$75.74$4.13
Dec 2024Conocophillips Company003100$70.12$3.01
Nov 2024Conocophillips Company3403000$69.95$2.12
Oct 2024Conocophillips Company404400$71.99$2.20
Sep 2024Conocophillips Company006000$70.24$2.28
Aug 2024Conocophillips Company106200$76.68$1.99
Jul 2024Conocophillips Company006200$81.80$2.07
Jun 2024Conocophillips Company203400$79.77$2.54
May 2024Conocophillips Company003100$80.02$2.12
Apr 2024Conocophillips Company001600$85.35$1.60
Mar 2024Conocophillips Company00000$81.28$1.49
Feb 2024Conocophillips Company13162000$77.25$1.72
Jan 2024De IV00000$74.15$3.18
Dec 2023De IV00000$71.90$2.52
Nov 2023De IV00000$77.69$2.71
Oct 2023De IV00000$85.64$2.98
Sep 2023De IV00000$89.43$2.64
Aug 2023De IV00000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

How to check your stub against this lease

Do your checks match this lease?

Nearby

Conocophillips Company in Upton County

All Conocophillips Company leases →

Spraberry (Trend Area) field

All leases in this field →

New drilling permits in Upton County

Newest in the county: this lease has no coordinates.