Pibel Lake Recreation Area is a 72-acre facility, including the 24-acre lake. The lake has recently been renovated and is stocked with bluegills, largemouth bass, and channel catfish. The lake offers a boat dock for smaller boats as well as primitive camping, picnicking and a playground.

The Lower Loup Natural Resources District owns and operates the Pibel Lake Recreation Area in southwest Wheeler County after a transfer of ownership from the Nebraska Game and Parks Commission.  The NRD completed a major renovation of the recreation area in 2016.  The improvements include a new picnic shelter on the south end of the lake, a pedestrian bridge across the north end of the lake, two ADA compliant fishing piers, improvements to the outlet structure, and a sedimentation basin to improve water quality at the recreation area. Several large, hazardous trees have also been removed. ADA-compliant handicap parking has been created.  Flood damage from 2009 and 2010 was also repaired.  New playground equipment has been installed and a recreational trail is also being considered. Part of the funding for the project came from the Nebraska Environmental Trust.

Pibel Lake Recreation Area is a 72-acre facility, including the 24-acre lake. The Nebraska Game and Parks Commission had renovated the lake prior to the NRD taking ownership in May, 2012. The lake is stocked with a variety of fish, including bluegills, largemouth bass, and channel catfish.