RENNELS
RENNELS is a Texas oil lease in Stonewall County, Railroad Commission district 7B, operated by Raymond, WM. C. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 79,045 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 $299K, with roughly $57K 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 91 barrels a month, about 45 per wellbore. Its strongest month on the record we hold was December 2023, at 305 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 RENNELS
- Who operates RENNELS?
- RENNELS is operated by Raymond, WM. C., Railroad Commission of Texas operator number 695650.
- Where is RENNELS?
- RENNELS is a Texas oil lease in Stonewall County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 24929.
- Is RENNELS still producing?
- RENNELS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RENNELS is August 2026.
- How much has RENNELS produced?
- RENNELS has reported 79,045 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is RENNELS worth?
- The remaining production from RENNELS is estimated to be worth about $299K in total as of 26 August 2026, within a range of $164K to $433K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RENNELS is a fraction of it. The estimate fits an Arps decline curve to the production RENNELS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RENNELS is an estimate of value, not an offer and not an appraisal.
- How much income does RENNELS generate in a year?
- RENNELS is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RENNELS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Raymond, WM. C. |
|---|---|
| Field | Mariann (5050 Sand) |
| County | Stonewall County, Texas |
| RRC district | 7B |
| Lease number | 24929 |
| Wellbores | 2 |
| Reported production | 79,045 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $299K |
Where RENNELS 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.