APPEL 438
APPEL 438 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Mcclure Oil Company, Inc. It has 3 wellbores on file with the Commission. Reported production runs from February 2010 to August 2026, totalling 350,551 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $35K, with roughly $7K expected over the next twelve months.
| Operator | Mcclure Oil Company, Inc. |
|---|---|
| Field | Spivey (San Andres) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08145 |
| Wellbores | 3 |
| Reported production | 350,551 bbl |
| First reported | February 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $35K |
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.