CLINCH 4238
CLINCH 4238 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Apache Corporation. It has 13 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 1,450,078 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 $12.9M, with roughly $2.8M 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 1,136 barrels a month, about 87 per wellbore. Its strongest month on the record we hold was May 2016, at 8,451 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 CLINCH 4238
- Who operates CLINCH 4238?
- CLINCH 4238 is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is CLINCH 4238?
- CLINCH 4238 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18016.
- Is CLINCH 4238 still producing?
- CLINCH 4238 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLINCH 4238 is August 2026.
- How much has CLINCH 4238 produced?
- CLINCH 4238 has reported 1,450,078 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 13 wellbores.
- How much is CLINCH 4238 worth?
- The remaining production from CLINCH 4238 is estimated to be worth about $12.9M in total as of 27 August 2026, within a range of $10.7M to $15.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLINCH 4238 is a fraction of it. The estimate fits an Arps decline curve to the production CLINCH 4238 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLINCH 4238 is an estimate of value, not an offer and not an appraisal.
- How much income does CLINCH 4238 generate in a year?
- CLINCH 4238 is forecast to net about $2.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CLINCH 4238 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Lin (Wolfcamp) |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 18016 |
| Wellbores | 13 |
| Reported production | 1,450,078 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.9M |
Where CLINCH 4238 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.