BELL
BELL is a Texas oil lease in Dickens County, Railroad Commission district 8A, operated by Schalk Oil Company, Inc. It has 6 wellbores on file with the Commission. Reported production runs from October 2001 to August 2026, totalling 1,269,319 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 $710K, with roughly $351K 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 740 barrels a month, about 123 per wellbore. Its strongest month on the record we hold was May 2016, at 3,618 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 BELL
- Who operates BELL?
- BELL is operated by Schalk Oil Company, Inc., Railroad Commission of Texas operator number 750400.
- Where is BELL?
- BELL is a Texas oil lease in Dickens County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68356.
- Is BELL still producing?
- BELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BELL is August 2026.
- How much has BELL produced?
- BELL has reported 1,269,319 barrels of oil (bbl) to the Railroad Commission of Texas between October 2001 and August 2026, from 6 wellbores.
- How much is BELL worth?
- The remaining production from BELL is estimated to be worth about $710K in total as of 26 August 2026, within a range of $554K to $866K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BELL is a fraction of it. The estimate fits an Arps decline curve to the production BELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BELL is an estimate of value, not an offer and not an appraisal.
- How much income does BELL generate in a year?
- BELL is forecast to net about $351K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Schalk Oil Company, Inc. |
|---|---|
| Field | Soldier Mound (Tannehill) |
| County | Dickens County, Texas |
| RRC district | 8A |
| Lease number | 68356 |
| Wellbores | 6 |
| Reported production | 1,269,319 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $710K |
Where BELL 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.