PAGEL-WEICHERT UNIT
PAGEL-WEICHERT UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 174,044 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 $423K, with roughly $55K 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 2 barrels a month. Its strongest month on the record we hold was February 2022, at 546 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 PAGEL-WEICHERT UNIT
- Who operates PAGEL-WEICHERT UNIT?
- PAGEL-WEICHERT UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is PAGEL-WEICHERT UNIT?
- PAGEL-WEICHERT UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21686.
- Is PAGEL-WEICHERT UNIT still producing?
- PAGEL-WEICHERT UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PAGEL-WEICHERT UNIT is August 2026.
- How much has PAGEL-WEICHERT UNIT produced?
- PAGEL-WEICHERT UNIT has reported 174,044 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PAGEL-WEICHERT UNIT worth?
- The remaining production from PAGEL-WEICHERT UNIT is estimated to be worth about $423K in total as of 27 August 2026, within a range of $0 to $846K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAGEL-WEICHERT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PAGEL-WEICHERT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAGEL-WEICHERT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PAGEL-WEICHERT UNIT generate in a year?
- PAGEL-WEICHERT UNIT is forecast to net about $55K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAGEL-WEICHERT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 21686 |
| Wellbores | 1 |
| Reported production | 174,044 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $423K |
Where PAGEL-WEICHERT UNIT 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.