CLARA
CLARA is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Cal-Way Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 8,195 barrels. The lease is intermittent. 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 $3K, with roughly $628 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 2 barrels a month. Its strongest month on the record we hold was September 2019, at 140 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 CLARA
- Who operates CLARA?
- CLARA is operated by Cal-Way Energy, Inc., Railroad Commission of Texas operator number 123577.
- Where is CLARA?
- CLARA is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 14736.
- Is CLARA still producing?
- CLARA is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CLARA is August 2026.
- How much has CLARA produced?
- CLARA has reported 8,195 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CLARA worth?
- The remaining production from CLARA is estimated to be worth about $3K in total as of 26 August 2026, within a range of $0 to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLARA is a fraction of it. The estimate fits an Arps decline curve to the production CLARA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLARA is an estimate of value, not an offer and not an appraisal.
- How much income does CLARA generate in a year?
- CLARA is forecast to net about $628 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLARA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cal-Way Energy, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 14736 |
| Wellbores | 1 |
| Reported production | 8,195 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where CLARA 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.