CLAIRE OL

CLAIRE OL is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 1996 to August 2026, totalling 7,064,114 thousand cubic feet. 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 $573K, with roughly $103K 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 3,262 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 7,493 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CLAIRE OL

Who operates CLAIRE OL?
CLAIRE OL is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is CLAIRE OL?
CLAIRE OL is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 160563.
Is CLAIRE OL still producing?
CLAIRE OL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLAIRE OL is August 2026.
How much has CLAIRE OL produced?
CLAIRE OL has reported 7,064,114 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1996 and August 2026, from 1 wellbore.
How much is CLAIRE OL worth?
The remaining production from CLAIRE OL is estimated to be worth about $573K in total as of 26 August 2026, within a range of $476K to $671K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLAIRE OL is a fraction of it. The estimate fits an Arps decline curve to the production CLAIRE OL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLAIRE OL is an estimate of value, not an offer and not an appraisal.
How much income does CLAIRE OL generate in a year?
CLAIRE OL is forecast to net about $103K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLAIRE OL receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CLAIRE OL as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldGiddings (Austin Chalk, Gas)
CountyGrimes County, Texas
RRC district03
Lease number160563
Wellbores1
Reported production7,064,114 mcf
First reported
Last reported
Estimated royalty value$573K

Where CLAIRE OL 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.