MCCLELLAN
MCCLELLAN is a Texas oil lease in Hardeman County, Railroad Commission district 09, operated by Chestnut Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2004 to August 2026, totalling 19,655 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 $168K, with roughly $32K 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 41 barrels a month. Its strongest month on the record we hold was September 2017, at 195 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
- Who operates MCCLELLAN?
- MCCLELLAN is operated by Chestnut Petroleum, Inc., Railroad Commission of Texas operator number 147850.
- Where is MCCLELLAN?
- MCCLELLAN is a Texas oil lease in Hardeman County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30491.
- Is MCCLELLAN still producing?
- MCCLELLAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCLELLAN is August 2026.
- How much has MCCLELLAN produced?
- MCCLELLAN has reported 19,655 barrels of oil (bbl) to the Railroad Commission of Texas between August 2004 and August 2026, from 1 wellbore.
- How much is MCCLELLAN worth?
- The remaining production from MCCLELLAN is estimated to be worth about $168K in total as of 26 August 2026, within a range of $92K to $243K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCLELLAN is a fraction of it. The estimate fits an Arps decline curve to the production MCCLELLAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCLELLAN is an estimate of value, not an offer and not an appraisal.
- How much income does MCCLELLAN generate in a year?
- MCCLELLAN is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCLELLAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chestnut Petroleum, Inc. |
|---|---|
| Field | Medicine Mounds (Congl. 7430) |
| County | Hardeman County, Texas |
| RRC district | 09 |
| Lease number | 30491 |
| Wellbores | 1 |
| Reported production | 19,655 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $168K |
Where MCCLELLAN 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.