CLAY
CLAY is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Cimarex Energy Co. Of Colorado. It has 29 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 231,188 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 $2.9M, with roughly $651K 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 998 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was August 2016, at 1,546 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 CLAY
- Who operates CLAY?
- CLAY is operated by Cimarex Energy Co. Of Colorado, Railroad Commission of Texas operator number 153429.
- Where is CLAY?
- CLAY is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42235.
- Is CLAY still producing?
- CLAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLAY is August 2026.
- How much has CLAY produced?
- CLAY has reported 231,188 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 29 wellbores.
- How much is CLAY worth?
- The remaining production from CLAY is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.2M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLAY is a fraction of it. The estimate fits an Arps decline curve to the production CLAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLAY is an estimate of value, not an offer and not an appraisal.
- How much income does CLAY generate in a year?
- CLAY is forecast to net about $651K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. Of Colorado |
|---|---|
| Field | Howard Glasscock (Consolidated) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 42235 |
| Wellbores | 29 |
| Reported production | 231,188 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where CLAY 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.