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Texas oil lease

Producing

VIRGIL J. POWELL

Virgil J. Powell is an oil lease in Schleicher County, Texas, operated by Petx Operating LLC in the Fort McKavitt (Lime 4150) field.

1 well

1,121bbl oil, last 12 months−35% vs prior year
Operator
Petx Operating LLC
County
Schleicher County
Field
Fort McKavitt (Lime 4150)
RRC lease
7C-19134

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Where it sits

This county

Schleicher CountySchleicherTom GreenIrionSuttonMenardConchoSchleicher County
Schleicher County
Gas, last 12 months
10,628 mcf
Oil in Jun 2026
0 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Petx Operating LLC took over from Iron Orchard Operating LLC in Jun 2025.

  • Sales

    No sales reported for the last 2 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output fell 35% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for VIRGIL J. POWELL, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 834 bbl in the 12 months through Jul 2026, against 1,276 bbl in the 12 months before.Last 12 months: 834 bblbbl per monthmcf per month001005002001,0003001,5004002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production and gas for VIRGIL J. POWELL, Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 834 bbl in the 12 months through Jul 2026, against 1,276 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001005002001,0003001,5004002,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a processing plant in the last 12 monthsShare of VIRGIL J. 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 VIRGIL J. 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, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Jun 2025

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, through Jul 2026.

1 well on this lease

Wells on VIRGIL J. POWELL
API numberWell no.Status
42-413-32595105Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jun 1, 2023–
Caballo Loco Midstrm Inf Ii, LLCCasinghead gasBuys100Jun 1, 2023–
Caballo Loco Midstrm Inf Ii, LLCCasinghead gasGathers100Jun 1, 2023–
Wtg South Permian Midstream LLCCasinghead gasGathers100Apr 22, 2021Jun 1, 2023
Wtg South Permian Midstream LLCCasinghead gasBuys100Apr 22, 2021Jun 1, 2023
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2015Jun 1, 2023
Davis Gas Processing, Inc.Casinghead gasGathers100Apr 1, 2015Apr 22, 2021
Davis Gas Processing, Inc.Casinghead gasBuys100Apr 1, 2015Apr 22, 2021

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

Who buys my oilOil price check

346.88 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Virgil J. Powell
API numberWell no.Acreson the permit
42-413-32595105346.88

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for VIRGIL J. POWELL
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Petx Operating009059050$84.81$3.15
May 2026Petx Operating1661756976970$102.13$2.94
Apr 2026Petx Operating91755255250$100.32$2.77
Mar 2026Petx Operating1201,7471,7470$91.38$3.04
Feb 2026Petx Operating216212000$64.51$3.62
Jan 2026Petx Operating371079929920$60.04$7.72
Dec 2025Petx Operating2309879870$57.97$4.26
Nov 2025Petx Operating7209879870$60.06$3.79
Oct 2025Petx Operating831031,0681,0680$60.89$3.19
Sep 2025Petx Operating591818728720$63.96$2.97
Aug 2025Petx Operating15701,0481,0480$64.86$2.91
Jul 2025Petx Operating2871058008000$68.39$3.20
Jun 2025Petx Operating00000$68.17$3.02
May 2025Iron Orchard1411892922920$62.17$3.12
Apr 2025Iron Orchard1091006796790$63.54$3.42
Mar 2025Iron Orchard1141017667660$68.24$4.12
Feb 2025Iron Orchard821017247240$71.53$4.19
Jan 2025Iron Orchard921826356350$75.74$4.13
Dec 2024Iron Orchard8705045040$70.12$3.01
Nov 2024Iron Orchard79193000$69.95$2.12
Oct 2024Iron Orchard1006876870$71.99$2.20
Sep 2024Iron Orchard92066676670$70.24$2.28
Aug 2024Iron Orchard266916876870$76.68$1.99
Jul 2024Iron Orchard14705005000$81.80$2.07
Jun 2024Iron Orchard76103000$79.77$2.54
May 2024Iron Orchard23720615150$80.02$2.12
Apr 2024Iron Orchard1313414764760$85.35$1.60
Mar 2024Iron Orchard6406486480$81.28$1.49
Feb 2024Iron Orchard891001,2151,2150$77.25$1.72
Jan 2024Iron Orchard69981,2501,2500$74.15$3.18
Dec 2023Iron Orchard3011771,3331,3330$71.90$2.52
Nov 2023Iron Orchard1301,4061,4060$77.69$2.71
Oct 2023Iron Orchard9401,2921,2920$85.64$2.98
Sep 2023Iron Orchard1292051,6121,6120$89.43$2.64
Aug 2023Iron Orchard006756750$81.39$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPetx Operating LLCFieldFort McKavitt (Lime 4150)CountySchleicher County

Petx Operating LLC in Schleicher County

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Fort McKavitt (Lime 4150) field

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