Klement

Oil Property in Clay County, TX

  2. Texas
  3. Clay County, TX
  4. Oil & Gas Properties in Clay County, TX
  5. Klement Oil Property

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Property Summary

Key data points for Klement

CountyClay County, TX
OperatorMUIRFIELD EXPLORATION, LTD.
Production DatesJul 2025 - Mar 2026
Total Oil Production5,876 BBLs
Total Gas Production0 MCF
Recent Oil Production594 BBLs in Feb 2026
Recent Gas Production0 MCF in Feb 2026
Wells on Property3

Our Valuation Estimates for Klement

ShaleAssessment™

Not Available

MarketMultiple™

$68,430 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Klement Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Klement
from Jul 2025 to Mar 2026

Wells on Klement

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-077-35404KLEMENT 1MUIRFIELD EXPLORATION, LTD.ProducingClay County, TX34.011295-98.186603
42-077-35406KLEMENT 2MUIRFIELD EXPLORATION, LTD.ProducingClay County, TX34.012117-98.186606
42-077-35410KLEMENT 3MUIRFIELD EXPLORATION, LTD.Permitted LocationClay County, TX34.011299-98.185607

Leases included in Klement

Lease #Lease NameOperatorCountyMonthly Oil Prod.
09-34396KLEMENTMUIRFIELD EXPLORATION, LTD.Clay County, TX

Nearby Properties

These are the closest 20 properties to the Klement property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BankClay County, TX9 BBLs0 MCFMar 2026
Bergin E. TClay County, TX9 BBLs0 MCFMar 2026
ByersClay County, TX0 BBLs0 MCFDec 2025
Dunn MeltonClay County, TX0 BBLs0 MCFDec 2025
Eddie DunnClay County, TX0 BBLs0 MCFMar 2026
GrayClay County, TX0 BBLs0 MCFDec 2025
HapgoodClay County, TX265 BBLs0 MCFMar 2026
Humphrey Et AlClay County, TX19 BBLs0 MCFFeb 2026
KeetonClay County, TX3,275 BBLs0 MCFMar 2026
LandrumClay County, TX0 BBLs0 MCFJan 2010
LiggettClay County, TX0 BBLs0 MCFDec 2025
MagnoliaClay County, TX13 BBLs0 MCFMar 2026
MassieClay County, TX0 BBLs0 MCFNov 2024
MayoClay County, TX116 BBLs0 MCFMar 2026
Perkins H. W. EstateClay County, TX0 BBLs0 MCFNov 2024
PetroliaClay County, TX61 BBLs0 MCFMar 2026
RowdyClay County, TX20 BBLs0 MCFMar 2026
Stine EstateClay County, TX7 BBLs0 MCFMar 2026
TownsendClay County, TX0 BBLs0 MCFSep 2020
ZacharyClay County, TX4 BBLs0 MCFFeb 2026

Companies in the Area

These are the closest 20 companies operating near the Klement property.

Company Name
Allen, C. L. (Doie)
Arch Operating, LLC
Armour, Widd
Baber, Bill M.
Brumbelow, Ronny L.
Burleson, Jackie A.
FMD Oil Co.
Goat Mayo Oil Company
Gulf Central Petroleum Corp.
Haynes & Shirley Production Co.
Hoco Inc
Landrum, W. A.
Massie Oil Company
Mountain Creek Oil Company, Inc.
Muirfield Exploration, LTD.
Newton, Richard R.
R2Q Operating LLC
Springfield Oil Services, Inc.
Waggner, Robert
Xplore Operating, LLC

Oil & Gas Sales on Klement

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
09-34396KLEMENTMar 2026RED RIVER CRUDE OIL LLCMUIRFIELD EXPLORATION, LTD.
09-34396KLEMENTFeb 2026RED RIVER CRUDE OIL LLCMUIRFIELD EXPLORATION, LTD.
09-34396KLEMENTJan 2026RED RIVER CRUDE OIL LLCMUIRFIELD EXPLORATION, LTD.
09-34396KLEMENTDec 2025RED RIVER CRUDE OIL LLCMUIRFIELD EXPLORATION, LTD.
09-34396KLEMENTNov 2025RED RIVER CRUDE OIL LLCMUIRFIELD EXPLORATION, LTD.
09-34396KLEMENTOct 2025RED RIVER CRUDE OIL LLCMUIRFIELD EXPLORATION, LTD.
09-34396KLEMENTSep 2025RED RIVER CRUDE OIL LLCMUIRFIELD EXPLORATION, LTD.
09-34396KLEMENTAug 2025RED RIVER CRUDE OIL LLCMUIRFIELD EXPLORATION, LTD.