CLARK UNIT

CLARK UNIT is a Texas oil lease in Young County, Railroad Commission district 09, operated by Remington Oil. It has 59 wellbores on file with the Commission. Reported production runs from May 1995 to August 2026, totalling 588,101 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 $392K, with roughly $197K 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 423 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was September 2016, at 1,652 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 CLARK UNIT

Who operates CLARK UNIT?
CLARK UNIT is operated by Remington Oil, Railroad Commission of Texas operator number 701397.
Where is CLARK UNIT?
CLARK UNIT is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28956.
Is CLARK UNIT still producing?
CLARK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLARK UNIT is August 2026.
How much has CLARK UNIT produced?
CLARK UNIT has reported 588,101 barrels of oil (bbl) to the Railroad Commission of Texas between May 1995 and August 2026, from 59 wellbores.
How much is CLARK UNIT worth?
The remaining production from CLARK UNIT is estimated to be worth about $392K in total as of 26 August 2026, within a range of $306K to $478K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLARK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CLARK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLARK UNIT is an estimate of value, not an offer and not an appraisal.
How much income does CLARK UNIT generate in a year?
CLARK UNIT is forecast to net about $197K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLARK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CLARK UNIT as filed with the Railroad Commission of Texas
OperatorRemington Oil
FieldYoung County Regular
CountyYoung County, Texas
RRC district09
Lease number28956
Wellbores59
Reported production588,101 bbl
First reported
Last reported
Estimated royalty value$392K

Where CLARK 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.