DENENA-ELY UNIT

DENENA-ELY UNIT is a Texas oil lease in Robertson County, Railroad Commission district 03, operated by Williams, Clayton Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 1997 to August 2026, totalling 39,803 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 $790K, with roughly $243K 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 415 barrels a month. Its strongest month on the record we hold was December 2021, at 1,021 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 DENENA-ELY UNIT

Who operates DENENA-ELY UNIT?
DENENA-ELY UNIT is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
Where is DENENA-ELY UNIT?
DENENA-ELY UNIT is a Texas oil lease in Robertson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23352.
Is DENENA-ELY UNIT still producing?
DENENA-ELY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DENENA-ELY UNIT is August 2026.
How much has DENENA-ELY UNIT produced?
DENENA-ELY UNIT has reported 39,803 barrels of oil (bbl) to the Railroad Commission of Texas between October 1997 and August 2026, from 1 wellbore.
How much is DENENA-ELY UNIT worth?
The remaining production from DENENA-ELY UNIT is estimated to be worth about $790K in total as of 26 August 2026, within a range of $616K to $964K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DENENA-ELY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DENENA-ELY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DENENA-ELY UNIT is an estimate of value, not an offer and not an appraisal.
How much income does DENENA-ELY UNIT generate in a year?
DENENA-ELY UNIT is forecast to net about $243K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DENENA-ELY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DENENA-ELY UNIT as filed with the Railroad Commission of Texas
OperatorWilliams, Clayton Energy, Inc.
FieldGiddings (Austin Chalk-3)
CountyRobertson County, Texas
RRC district03
Lease number23352
Wellbores1
Reported production39,803 bbl
First reported
Last reported
Estimated royalty value$790K

Where DENENA-ELY 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.