CLEVY
CLEVY is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1995 to August 2026, totalling 1,410,722 thousand cubic feet. 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 $403K, with roughly $61K 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 2,768 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 4,479 thousand cubic feet. 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 CLEVY
- Who operates CLEVY?
- CLEVY is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is CLEVY?
- CLEVY is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 156975.
- Is CLEVY still producing?
- CLEVY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLEVY is August 2026.
- How much has CLEVY produced?
- CLEVY has reported 1,410,722 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1995 and August 2026, from 1 wellbore.
- How much is CLEVY worth?
- The remaining production from CLEVY is estimated to be worth about $403K in total as of 26 August 2026, within a range of $334K to $471K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLEVY is a fraction of it. The estimate fits an Arps decline curve to the production CLEVY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLEVY is an estimate of value, not an offer and not an appraisal.
- How much income does CLEVY generate in a year?
- CLEVY is forecast to net about $61K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLEVY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 156975 |
| Wellbores | 1 |
| Reported production | 1,410,722 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $403K |
Where CLEVY 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.