CLEMENT HEARD 42
CLEMENT HEARD 42 is a Texas oil lease in Refugio County, Railroad Commission district 02, operated by Hilcorp Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2019 to August 2026, totalling 69,397 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 $609K, with roughly $138K 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 231 barrels a month. Its strongest month on the record we hold was September 2019, at 4,615 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 CLEMENT HEARD 42
- Who operates CLEMENT HEARD 42?
- CLEMENT HEARD 42 is operated by Hilcorp Energy Company, Railroad Commission of Texas operator number 386310.
- Where is CLEMENT HEARD 42?
- CLEMENT HEARD 42 is a Texas oil lease in Refugio County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 11813.
- Is CLEMENT HEARD 42 still producing?
- CLEMENT HEARD 42 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEMENT HEARD 42 is August 2026.
- How much has CLEMENT HEARD 42 produced?
- CLEMENT HEARD 42 has reported 69,397 barrels of oil (bbl) to the Railroad Commission of Texas between August 2019 and August 2026, from 1 wellbore.
- How much is CLEMENT HEARD 42 worth?
- The remaining production from CLEMENT HEARD 42 is estimated to be worth about $609K in total as of 26 August 2026, within a range of $475K to $744K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEMENT HEARD 42 is a fraction of it. The estimate fits an Arps decline curve to the production CLEMENT HEARD 42 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEMENT HEARD 42 is an estimate of value, not an offer and not an appraisal.
- How much income does CLEMENT HEARD 42 generate in a year?
- CLEMENT HEARD 42 is forecast to net about $138K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLEMENT HEARD 42 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hilcorp Energy Company |
|---|---|
| Field | Tom Oconnor (4500 Greta Mass.) |
| County | Refugio County, Texas |
| RRC district | 02 |
| Lease number | 11813 |
| Wellbores | 1 |
| Reported production | 69,397 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $609K |
Where CLEMENT HEARD 42 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.