CLEMENS UNIT
CLEMENS UNIT is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Goldston Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 1996 to August 2026, totalling 3,431,120 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 $280K, with roughly $59K 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 1,229 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 3,948 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 CLEMENS UNIT
- Who operates CLEMENS UNIT?
- CLEMENS UNIT is operated by Goldston Oil Corporation, Railroad Commission of Texas operator number 313990.
- Where is CLEMENS UNIT?
- CLEMENS UNIT is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 161359.
- Is CLEMENS UNIT still producing?
- CLEMENS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEMENS UNIT is August 2026.
- How much has CLEMENS UNIT produced?
- CLEMENS UNIT has reported 3,431,120 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1996 and August 2026, from 1 wellbore.
- How much is CLEMENS UNIT worth?
- The remaining production from CLEMENS UNIT is estimated to be worth about $280K in total as of 26 August 2026, within a range of $233K to $328K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEMENS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CLEMENS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEMENS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CLEMENS UNIT generate in a year?
- CLEMENS UNIT is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLEMENS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goldston Oil Corporation |
|---|---|
| Field | Gilmer (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 161359 |
| Wellbores | 1 |
| Reported production | 3,431,120 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $280K |
Where CLEMENS UNIT 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.