ROPES, E. (CLEARFORK) UNIT
ROPES, E. (CLEARFORK) UNIT is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Phillips Petroleum Company. It has 42 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,525,470 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 $5.0M, with roughly $1.5M 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 2,256 barrels a month, about 54 per wellbore. Its strongest month on the record we hold was April 2017, at 12,134 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ROPES, E. (CLEARFORK) UNIT
- Who operates ROPES, E. (CLEARFORK) UNIT?
- ROPES, E. (CLEARFORK) UNIT is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is ROPES, E. (CLEARFORK) UNIT?
- ROPES, E. (CLEARFORK) UNIT is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 60662.
- Is ROPES, E. (CLEARFORK) UNIT still producing?
- ROPES, E. (CLEARFORK) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ROPES, E. (CLEARFORK) UNIT is August 2026.
- How much has ROPES, E. (CLEARFORK) UNIT produced?
- ROPES, E. (CLEARFORK) UNIT has reported 1,525,470 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 42 wellbores.
- How much is ROPES, E. (CLEARFORK) UNIT worth?
- The remaining production from ROPES, E. (CLEARFORK) UNIT is estimated to be worth about $5.0M in total as of 26 August 2026, within a range of $4.1M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ROPES, E. (CLEARFORK) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ROPES, E. (CLEARFORK) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ROPES, E. (CLEARFORK) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ROPES, E. (CLEARFORK) UNIT generate in a year?
- ROPES, E. (CLEARFORK) UNIT is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ROPES, E. (CLEARFORK) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Ropes, E. (Clear Fork) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 60662 |
| Wellbores | 42 |
| Reported production | 1,525,470 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.0M |
Where ROPES, E. (CLEARFORK) UNIT 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.