RACHEL
RACHEL is a Texas oil lease in Borden County, Railroad Commission district 8A, operated by SM Energy Company. It has 3 wellbores on file with the Commission. Reported production runs from January 2010 to August 2026, totalling 65,515 barrels. The lease is intermittent. 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 $280K, with roughly $54K 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 36 barrels a month, about 12 per wellbore. Its strongest month on the record we hold was March 2026, at 286 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 RACHEL
- Who operates RACHEL?
- RACHEL is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is RACHEL?
- RACHEL is a Texas oil lease in Borden County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 69481.
- Is RACHEL still producing?
- RACHEL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RACHEL is August 2026.
- How much has RACHEL produced?
- RACHEL has reported 65,515 barrels of oil (bbl) to the Railroad Commission of Texas between January 2010 and August 2026, from 3 wellbores.
- How much is RACHEL worth?
- The remaining production from RACHEL is estimated to be worth about $280K in total as of 27 August 2026, within a range of $154K to $406K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RACHEL is a fraction of it. The estimate fits an Arps decline curve to the production RACHEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RACHEL is an estimate of value, not an offer and not an appraisal.
- How much income does RACHEL generate in a year?
- RACHEL is forecast to net about $54K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RACHEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Mesquite Creek (Miss.) |
| County | Borden County, Texas |
| RRC district | 8A |
| Lease number | 69481 |
| Wellbores | 3 |
| Reported production | 65,515 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $280K |
Where RACHEL 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.