STATE #43858
STATE #43858 is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Metzner, Norma J. Estate. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 7,608 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 $123K, with roughly $24K 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 31 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was July 2020, at 92 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 STATE #43858
- Who operates STATE #43858?
- STATE #43858 is operated by Metzner, Norma J. Estate, Railroad Commission of Texas operator number 562515.
- Where is STATE #43858?
- STATE #43858 is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 09381.
- Is STATE #43858 still producing?
- STATE #43858 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE #43858 is August 2026.
- How much has STATE #43858 produced?
- STATE #43858 has reported 7,608 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is STATE #43858 worth?
- The remaining production from STATE #43858 is estimated to be worth about $123K in total as of 27 August 2026, within a range of $68K to $178K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE #43858 is a fraction of it. The estimate fits an Arps decline curve to the production STATE #43858 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE #43858 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE #43858 generate in a year?
- STATE #43858 is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STATE #43858 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Metzner, Norma J. Estate |
|---|---|
| Field | Clay County Regular |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 09381 |
| Wellbores | 2 |
| Reported production | 7,608 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where STATE #43858 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.