CLINE
CLINE is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Parallel Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 68,164 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 $196K, with roughly $38K 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 37 barrels a month. Its strongest month on the record we hold was October 2016, at 307 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 CLINE
- Who operates CLINE?
- CLINE is operated by Parallel Petroleum Corporation, Railroad Commission of Texas operator number 639025.
- Where is CLINE?
- CLINE is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 63804.
- Is CLINE still producing?
- CLINE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLINE is August 2026.
- How much has CLINE produced?
- CLINE has reported 68,164 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CLINE worth?
- The remaining production from CLINE is estimated to be worth about $196K in total as of 26 August 2026, within a range of $108K to $284K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLINE is a fraction of it. The estimate fits an Arps decline curve to the production CLINE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLINE is an estimate of value, not an offer and not an appraisal.
- How much income does CLINE generate in a year?
- CLINE is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLINE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parallel Petroleum Corporation |
|---|---|
| Field | Cline Farms (Penn) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 63804 |
| Wellbores | 1 |
| Reported production | 68,164 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $196K |
Where CLINE 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.