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 - Nov 2025
Total Oil Production3,075 BBLs
Total Gas Production0 MCF
Recent Oil Production939 BBLs in Oct 2025
Recent Gas Production0 MCF in Oct 2025
Wells on Property3

Our Valuation Estimates for Klement

ShaleAssessment™

Not Available

MarketMultiple™

$67,590 **

* 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 Nov 2025

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, TX15 BBLs0 MCFNov 2025
Bergin E. TClay County, TX6 BBLs0 MCFOct 2025
ByersClay County, TX0 BBLs0 MCFAug 2025
Dunn MeltonClay County, TX0 BBLs0 MCFAug 2025
GrayClay County, TX11 BBLs0 MCFOct 2025
HapgoodClay County, TX234 BBLs0 MCFNov 2025
Humphrey Et AlClay County, TX0 BBLs0 MCFMar 2025
KeetonClay County, TX4,680 BBLs0 MCFNov 2025
LandrumClay County, TX0 BBLs0 MCFJan 2010
LiggettClay County, TX0 BBLs0 MCFAug 2025
MagnoliaClay County, TX7 BBLs0 MCFNov 2025
MassieClay County, TX0 BBLs0 MCFNov 2024
MayoClay County, TX109 BBLs0 MCFNov 2025
Moore, HowardClay County, TX0 BBLs0 MCFNov 2024
Perkins H. W. EstateClay County, TX0 BBLs0 MCFNov 2024
PetroliaClay County, TX62 BBLs0 MCFNov 2025
RowdyClay County, TX20 BBLs0 MCFNov 2025
Stine EstateClay County, TX5 BBLs0 MCFNov 2025
TownsendClay County, TX0 BBLs0 MCFSep 2020
ZacharyClay County, TX20 BBLs0 MCFOct 2025

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
09-34396KLEMENTDec 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.