PYLE
PYLE is a Texas oil lease in Wheeler County, Railroad Commission district 10, operated by Apache Corporation. It has 4 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 355,195 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 $4.3M, with roughly $813K 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 704 barrels a month, about 176 per wellbore. Its strongest month on the record we hold was May 2016, at 2,721 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 PYLE
- Who operates PYLE?
- PYLE is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is PYLE?
- PYLE is a Texas oil lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08638.
- Is PYLE still producing?
- PYLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PYLE is August 2026.
- How much has PYLE produced?
- PYLE has reported 355,195 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 4 wellbores.
- How much is PYLE worth?
- The remaining production from PYLE is estimated to be worth about $4.3M in total as of 26 August 2026, within a range of $3.4M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PYLE is a fraction of it. The estimate fits an Arps decline curve to the production PYLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PYLE is an estimate of value, not an offer and not an appraisal.
- How much income does PYLE generate in a year?
- PYLE is forecast to net about $813K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PYLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Wheeler N.E. (Granite Wash) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 08638 |
| Wellbores | 4 |
| Reported production | 355,195 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.3M |
Where PYLE 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.