CLAIRE
CLAIRE is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Summit Petroleum LLC. It has 2 wellbores on file with the Commission. Reported production runs from January 2013 to August 2026, totalling 28,538 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 $253K, with roughly $43K 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 38 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was May 2016, at 199 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 CLAIRE
- Who operates CLAIRE?
- CLAIRE is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is CLAIRE?
- CLAIRE is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18299.
- Is CLAIRE still producing?
- CLAIRE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLAIRE is August 2026.
- How much has CLAIRE produced?
- CLAIRE has reported 28,538 barrels of oil (bbl) to the Railroad Commission of Texas between January 2013 and August 2026, from 2 wellbores.
- How much is CLAIRE worth?
- The remaining production from CLAIRE is estimated to be worth about $253K in total as of 26 August 2026, within a range of $139K to $367K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLAIRE is a fraction of it. The estimate fits an Arps decline curve to the production CLAIRE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLAIRE is an estimate of value, not an offer and not an appraisal.
- How much income does CLAIRE generate in a year?
- CLAIRE is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLAIRE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Summit Petroleum LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 18299 |
| Wellbores | 2 |
| Reported production | 28,538 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $253K |
Where CLAIRE 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.