CLAY PASTURE -E- STATE UNIT
CLAY PASTURE -E- STATE UNIT is a Texas oil lease in Refugio County, Railroad Commission district 02, operated by T-C Oil Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 58,611 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 $1.8M, with roughly $495K 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. Its strongest month on the record we hold was May 2022, at 2,139 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 CLAY PASTURE -E- STATE UNIT
- Who operates CLAY PASTURE -E- STATE UNIT?
- CLAY PASTURE -E- STATE UNIT is operated by T-C Oil Company, LLC, Railroad Commission of Texas operator number 833782.
- Where is CLAY PASTURE -E- STATE UNIT?
- CLAY PASTURE -E- STATE UNIT is a Texas oil lease in Refugio County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 12305.
- Is CLAY PASTURE -E- STATE UNIT still producing?
- CLAY PASTURE -E- STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLAY PASTURE -E- STATE UNIT is August 2026.
- How much has CLAY PASTURE -E- STATE UNIT produced?
- CLAY PASTURE -E- STATE UNIT has reported 58,611 barrels of oil (bbl) to the Railroad Commission of Texas between December 2021 and August 2026, from 1 wellbore.
- How much is CLAY PASTURE -E- STATE UNIT worth?
- The remaining production from CLAY PASTURE -E- STATE UNIT is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLAY PASTURE -E- STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CLAY PASTURE -E- STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLAY PASTURE -E- STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CLAY PASTURE -E- STATE UNIT generate in a year?
- CLAY PASTURE -E- STATE UNIT is forecast to net about $495K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLAY PASTURE -E- STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | T-C Oil Company, LLC |
|---|---|
| Field | Mcfaddin (3900) |
| County | Refugio County, Texas |
| RRC district | 02 |
| Lease number | 12305 |
| Wellbores | 1 |
| Reported production | 58,611 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where CLAY PASTURE -E- STATE 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.