CLIMAX
CLIMAX is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Landrum West, Inc. It has 60 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 126,580 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 $950K, with roughly $183K 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 243 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was January 2023, at 485 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 CLIMAX
- Who operates CLIMAX?
- CLIMAX is operated by Landrum West, Inc., Railroad Commission of Texas operator number 484730.
- Where is CLIMAX?
- CLIMAX is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 00525.
- Is CLIMAX still producing?
- CLIMAX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLIMAX is August 2026.
- How much has CLIMAX produced?
- CLIMAX has reported 126,580 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 60 wellbores.
- How much is CLIMAX worth?
- The remaining production from CLIMAX is estimated to be worth about $950K in total as of 26 August 2026, within a range of $741K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLIMAX is a fraction of it. The estimate fits an Arps decline curve to the production CLIMAX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLIMAX is an estimate of value, not an offer and not an appraisal.
- How much income does CLIMAX generate in a year?
- CLIMAX is forecast to net about $183K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLIMAX receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Landrum West, Inc. |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 00525 |
| Wellbores | 60 |
| Reported production | 126,580 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $950K |
Where CLIMAX 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.