CLAY PASTURE -B- STATE UNIT

CLAY PASTURE -B- STATE UNIT is a Texas oil lease in Refugio County, Railroad Commission district 02, operated by T-C Oil Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2025 to August 2026, totalling 11,156 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 $610K, with roughly $370K 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 875 barrels a month. Its strongest month on the record we hold was July 2025, at 1,889 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 PASTURE -B- STATE UNIT

Who operates CLAY PASTURE -B- STATE UNIT?
CLAY PASTURE -B- STATE UNIT is operated by T-C Oil Company, LLC, Railroad Commission of Texas operator number 833782.
Where is CLAY PASTURE -B- STATE UNIT?
CLAY PASTURE -B- STATE UNIT is a Texas oil lease in Refugio County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 13103.
Is CLAY PASTURE -B- STATE UNIT still producing?
CLAY PASTURE -B- STATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLAY PASTURE -B- STATE UNIT is August 2026.
How much has CLAY PASTURE -B- STATE UNIT produced?
CLAY PASTURE -B- STATE UNIT has reported 11,156 barrels of oil (bbl) to the Railroad Commission of Texas between May 2025 and August 2026, from 1 wellbore.
How much is CLAY PASTURE -B- STATE UNIT worth?
The remaining production from CLAY PASTURE -B- STATE UNIT is estimated to be worth about $610K in total as of 26 August 2026, within a range of $476K to $744K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLAY PASTURE -B- STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CLAY PASTURE -B- STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLAY PASTURE -B- STATE UNIT is an estimate of value, not an offer and not an appraisal.
How much income does CLAY PASTURE -B- STATE UNIT generate in a year?
CLAY PASTURE -B- STATE UNIT is forecast to net about $370K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLAY PASTURE -B- STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CLAY PASTURE -B- STATE UNIT as filed with the Railroad Commission of Texas
OperatorT-C Oil Company, LLC
FieldAnaqua (2960)
CountyRefugio County, Texas
RRC district02
Lease number13103
Wellbores1
Reported production11,156 bbl
First reported
Last reported
Estimated royalty value$610K

Where CLAY PASTURE -B- STATE 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.