MULLINS, CLARK
MULLINS, CLARK is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Snuggs Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,455 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 $266K, with roughly $51K 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 70 barrels a month. Its strongest month on the record we hold was May 2018, at 185 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 MULLINS, CLARK
- Who operates MULLINS, CLARK?
- MULLINS, CLARK is operated by Snuggs Oil Company, Railroad Commission of Texas operator number 799600.
- Where is MULLINS, CLARK?
- MULLINS, CLARK is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 25874.
- Is MULLINS, CLARK still producing?
- MULLINS, CLARK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MULLINS, CLARK is August 2026.
- How much has MULLINS, CLARK produced?
- MULLINS, CLARK has reported 30,455 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MULLINS, CLARK worth?
- The remaining production from MULLINS, CLARK is estimated to be worth about $266K in total as of 26 August 2026, within a range of $146K to $385K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MULLINS, CLARK is a fraction of it. The estimate fits an Arps decline curve to the production MULLINS, CLARK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MULLINS, CLARK is an estimate of value, not an offer and not an appraisal.
- How much income does MULLINS, CLARK generate in a year?
- MULLINS, CLARK is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MULLINS, CLARK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Snuggs Oil Company |
|---|---|
| Field | Collinsville, Se. (3860 Sand) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 25874 |
| Wellbores | 1 |
| Reported production | 30,455 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $266K |
Where MULLINS, CLARK 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.