CLARENCE
CLARENCE is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Simmons, L.B. Energy, Inc. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 204,420 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 $31K, with roughly $6K 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 9 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was August 2017, at 819 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 CLARENCE
- Who operates CLARENCE?
- CLARENCE is operated by Simmons, L.B. Energy, Inc., Railroad Commission of Texas operator number 782860.
- Where is CLARENCE?
- CLARENCE is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 01045.
- Is CLARENCE still producing?
- CLARENCE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLARENCE is August 2026.
- How much has CLARENCE produced?
- CLARENCE has reported 204,420 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is CLARENCE worth?
- The remaining production from CLARENCE is estimated to be worth about $31K in total as of 26 August 2026, within a range of $0 to $63K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLARENCE is a fraction of it. The estimate fits an Arps decline curve to the production CLARENCE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLARENCE is an estimate of value, not an offer and not an appraisal.
- How much income does CLARENCE generate in a year?
- CLARENCE is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLARENCE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Simmons, L.B. Energy, Inc. |
|---|---|
| Field | Diamond -M- (Clear Fork) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 01045 |
| Wellbores | 8 |
| Reported production | 204,420 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where CLARENCE 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.