RICHARD
RICHARD is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by Cml Exploration, Llc. It has 1 wellbore on file with the Commission. Reported production runs from April 2015 to August 2026, totalling 368,750 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $50K, with roughly $11K expected over the next twelve months.
| Operator | Cml Exploration, Llc |
|---|---|
| Field | Pearsall (Buda, S.) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 18585 |
| Wellbores | 1 |
| Reported production | 368,750 bbl |
| First reported | April 2015 |
| Last reported | August 2026 |
| Estimated royalty value | $50K |
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.