MCCLURE "B"

MCCLURE "B" is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by New Horizon Exploration, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 28,252 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 $43K, with roughly $8K 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 15 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was June 2023, at 108 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MCCLURE "B"

Who operates MCCLURE "B"?
MCCLURE "B" is operated by New Horizon Exploration, Inc., Railroad Commission of Texas operator number 606475.
Where is MCCLURE "B"?
MCCLURE "B" is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 12374.
Is MCCLURE "B" still producing?
MCCLURE "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCCLURE "B" is August 2026.
How much has MCCLURE "B" produced?
MCCLURE "B" has reported 28,252 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is MCCLURE "B" worth?
The remaining production from MCCLURE "B" is estimated to be worth about $43K in total as of 26 August 2026, within a range of $23K to $62K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCCLURE "B" is a fraction of it. The estimate fits an Arps decline curve to the production MCCLURE "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCCLURE "B" is an estimate of value, not an offer and not an appraisal.
How much income does MCCLURE "B" generate in a year?
MCCLURE "B" is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCCLURE "B" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MCCLURE "B" as filed with the Railroad Commission of Texas
OperatorNew Horizon Exploration, Inc.
FieldNordic (Dog Bend)
CountyRunnels County, Texas
RRC district7C
Lease number12374
Wellbores2
Reported production28,252 bbl
First reported
Last reported
Estimated royalty value$43K

Where MCCLURE "B" 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.