MCCLELLAN, JOE
MCCLELLAN, JOE is a Texas oil lease in Hardeman County, Railroad Commission district 09, operated by Corda Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 1997 to August 2026, totalling 322,736 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 $332K, with roughly $64K 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 89 barrels a month. Its strongest month on the record we hold was September 2016, at 248 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 MCCLELLAN, JOE
- Who operates MCCLELLAN, JOE?
- MCCLELLAN, JOE is operated by Corda Corporation, Railroad Commission of Texas operator number 177997.
- Where is MCCLELLAN, JOE?
- MCCLELLAN, JOE is a Texas oil lease in Hardeman County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29389.
- Is MCCLELLAN, JOE still producing?
- MCCLELLAN, JOE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCLELLAN, JOE is August 2026.
- How much has MCCLELLAN, JOE produced?
- MCCLELLAN, JOE has reported 322,736 barrels of oil (bbl) to the Railroad Commission of Texas between September 1997 and August 2026, from 1 wellbore.
- How much is MCCLELLAN, JOE worth?
- The remaining production from MCCLELLAN, JOE is estimated to be worth about $332K in total as of 27 August 2026, within a range of $182K to $481K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCLELLAN, JOE is a fraction of it. The estimate fits an Arps decline curve to the production MCCLELLAN, JOE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCLELLAN, JOE is an estimate of value, not an offer and not an appraisal.
- How much income does MCCLELLAN, JOE generate in a year?
- MCCLELLAN, JOE is forecast to net about $64K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCCLELLAN, JOE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Corda Corporation |
|---|---|
| Field | Medicine Mounds, Se (Miss) |
| County | Hardeman County, Texas |
| RRC district | 09 |
| Lease number | 29389 |
| Wellbores | 1 |
| Reported production | 322,736 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $332K |
Where MCCLELLAN, JOE 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.