FERREL
FERREL is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Eagle Production, Inc. It has 4 wellbores on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 29,599 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 $16K, with roughly $3K 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 69 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was July 2016, at 2,571 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 FERREL
- Who operates FERREL?
- FERREL is operated by Eagle Production, Inc., Railroad Commission of Texas operator number 238735.
- Where is FERREL?
- FERREL is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19140.
- Is FERREL still producing?
- FERREL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FERREL is August 2026.
- How much has FERREL produced?
- FERREL has reported 29,599 barrels of oil (bbl) to the Railroad Commission of Texas between June 2015 and August 2026, from 4 wellbores.
- How much is FERREL worth?
- The remaining production from FERREL is estimated to be worth about $16K in total as of 26 August 2026, within a range of $9K to $24K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FERREL is a fraction of it. The estimate fits an Arps decline curve to the production FERREL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FERREL is an estimate of value, not an offer and not an appraisal.
- How much income does FERREL generate in a year?
- FERREL is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FERREL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eagle Production, Inc. |
|---|---|
| Field | Busher (Morris) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 19140 |
| Wellbores | 4 |
| Reported production | 29,599 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where FERREL 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.