PRECHEL
PRECHEL is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Fresno Oil Company. It has 30 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 47,575 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $163K, with roughly $31K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 56 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was August 2019, at 404 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about PRECHEL
- Who operates PRECHEL?
- PRECHEL is operated by Fresno Oil Company, Railroad Commission of Texas operator number 286110.
- Where is PRECHEL?
- PRECHEL is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 05111.
- Is PRECHEL still producing?
- PRECHEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRECHEL is August 2026.
- How much has PRECHEL produced?
- PRECHEL has reported 47,575 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 30 wellbores.
- How much is PRECHEL worth?
- The remaining production from PRECHEL is estimated to be worth about $163K in total as of 26 August 2026, within a range of $90K to $237K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRECHEL is a fraction of it. The estimate fits an Arps decline curve to the production PRECHEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRECHEL is an estimate of value, not an offer and not an appraisal.
- How much income does PRECHEL generate in a year?
- PRECHEL is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PRECHEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fresno Oil Company |
|---|---|
| Field | Wichita County Regular |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 05111 |
| Wellbores | 30 |
| Reported production | 47,575 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $163K |
Where PRECHEL sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.