CLAPP
CLAPP is a Texas oil lease in Wharton County, Railroad Commission district 03, operated by Amexco, LLC. It has 2 wellbores on file with the Commission. Reported production runs from November 2020 to August 2026, totalling 8,678 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 $60K, with roughly $12K 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 39 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was August 2024, at 511 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 CLAPP
- Who operates CLAPP?
- CLAPP is operated by Amexco, LLC, Railroad Commission of Texas operator number 019813.
- Where is CLAPP?
- CLAPP is a Texas oil lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27842.
- Is CLAPP still producing?
- CLAPP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLAPP is August 2026.
- How much has CLAPP produced?
- CLAPP has reported 8,678 barrels of oil (bbl) to the Railroad Commission of Texas between November 2020 and August 2026, from 2 wellbores.
- How much is CLAPP worth?
- The remaining production from CLAPP is estimated to be worth about $60K in total as of 26 August 2026, within a range of $33K to $87K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLAPP is a fraction of it. The estimate fits an Arps decline curve to the production CLAPP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLAPP is an estimate of value, not an offer and not an appraisal.
- How much income does CLAPP generate in a year?
- CLAPP is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLAPP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amexco, LLC |
|---|---|
| Field | Hutchins-Kubela (Gilcrease SD.) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 27842 |
| Wellbores | 2 |
| Reported production | 8,678 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where CLAPP 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.