PEARL WHEAT 764
PEARL WHEAT 764 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Eog Resources, Inc. It has 4 wellbores on file with the Commission. Reported production runs from August 2005 to August 2026, totalling 537,801 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 $930K, with roughly $332K 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 478 barrels a month, about 119 per wellbore. Its strongest month on the record we hold was July 2020, at 1,067 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PEARL WHEAT 764
- Who operates PEARL WHEAT 764?
- PEARL WHEAT 764 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PEARL WHEAT 764?
- PEARL WHEAT 764 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07606.
- Is PEARL WHEAT 764 still producing?
- PEARL WHEAT 764 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEARL WHEAT 764 is August 2026.
- How much has PEARL WHEAT 764 produced?
- PEARL WHEAT 764 has reported 537,801 barrels of oil (bbl) to the Railroad Commission of Texas between August 2005 and August 2026, from 4 wellbores.
- How much is PEARL WHEAT 764 worth?
- The remaining production from PEARL WHEAT 764 is estimated to be worth about $930K in total as of 27 August 2026, within a range of $725K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEARL WHEAT 764 is a fraction of it. The estimate fits an Arps decline curve to the production PEARL WHEAT 764 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEARL WHEAT 764 is an estimate of value, not an offer and not an appraisal.
- How much income does PEARL WHEAT 764 generate in a year?
- PEARL WHEAT 764 is forecast to net about $332K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEARL WHEAT 764 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Peery (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 07606 |
| Wellbores | 4 |
| Reported production | 537,801 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $930K |
Where PEARL WHEAT 764 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.