NEW MEXICO 27-51-8
NEW MEXICO 27-51-8 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Williams, Clayton Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 364,256 barrels. The lease is intermittent. 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 $1.7M, with roughly $322K 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 409 barrels a month. Its strongest month on the record we hold was August 2018, at 6,584 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 NEW MEXICO 27-51-8
- Who operates NEW MEXICO 27-51-8?
- NEW MEXICO 27-51-8 is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is NEW MEXICO 27-51-8?
- NEW MEXICO 27-51-8 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45975.
- Is NEW MEXICO 27-51-8 still producing?
- NEW MEXICO 27-51-8 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NEW MEXICO 27-51-8 is August 2026.
- How much has NEW MEXICO 27-51-8 produced?
- NEW MEXICO 27-51-8 has reported 364,256 barrels of oil (bbl) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is NEW MEXICO 27-51-8 worth?
- The remaining production from NEW MEXICO 27-51-8 is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEW MEXICO 27-51-8 is a fraction of it. The estimate fits an Arps decline curve to the production NEW MEXICO 27-51-8 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEW MEXICO 27-51-8 is an estimate of value, not an offer and not an appraisal.
- How much income does NEW MEXICO 27-51-8 generate in a year?
- NEW MEXICO 27-51-8 is forecast to net about $322K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEW MEXICO 27-51-8 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Hoefs T-K (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 45975 |
| Wellbores | 1 |
| Reported production | 364,256 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where NEW MEXICO 27-51-8 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.