CLARK 1
CLARK 1 is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Element Petroleum Operating, LLC. It has 11 wellbores on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 167,687 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 $660K, with roughly $217K 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 305 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was October 2017, at 1,348 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 CLARK 1
- Who operates CLARK 1?
- CLARK 1 is operated by Element Petroleum Operating, LLC, Railroad Commission of Texas operator number 247680.
- Where is CLARK 1?
- CLARK 1 is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40873.
- Is CLARK 1 still producing?
- CLARK 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLARK 1 is August 2026.
- How much has CLARK 1 produced?
- CLARK 1 has reported 167,687 barrels of oil (bbl) to the Railroad Commission of Texas between October 2010 and August 2026, from 11 wellbores.
- How much is CLARK 1 worth?
- The remaining production from CLARK 1 is estimated to be worth about $660K in total as of 27 August 2026, within a range of $515K to $806K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLARK 1 is a fraction of it. The estimate fits an Arps decline curve to the production CLARK 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLARK 1 is an estimate of value, not an offer and not an appraisal.
- How much income does CLARK 1 generate in a year?
- CLARK 1 is forecast to net about $217K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CLARK 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Element Petroleum Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 40873 |
| Wellbores | 11 |
| Reported production | 167,687 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $660K |
Where CLARK 1 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.