CHALKLEY
CHALKLEY is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Pedco Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 32,206 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 $498K, with roughly $96K 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 133 barrels a month. Its strongest month on the record we hold was September 2023, at 257 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 CHALKLEY
- Who operates CHALKLEY?
- CHALKLEY is operated by Pedco Resources Company, Railroad Commission of Texas operator number 650154.
- Where is CHALKLEY?
- CHALKLEY is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 33238.
- Is CHALKLEY still producing?
- CHALKLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHALKLEY is August 2026.
- How much has CHALKLEY produced?
- CHALKLEY has reported 32,206 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHALKLEY worth?
- The remaining production from CHALKLEY is estimated to be worth about $498K in total as of 26 August 2026, within a range of $389K to $608K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHALKLEY is a fraction of it. The estimate fits an Arps decline curve to the production CHALKLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHALKLEY is an estimate of value, not an offer and not an appraisal.
- How much income does CHALKLEY generate in a year?
- CHALKLEY is forecast to net about $96K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHALKLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pedco Resources Company |
|---|---|
| Field | Lehn-Apco, S. (Wichita-Albany) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 33238 |
| Wellbores | 1 |
| Reported production | 32,206 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $498K |
Where CHALKLEY 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.