CILO
CILO is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Ring Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 81,519 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 $710K, with roughly $133K 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 225 barrels a month. Its strongest month on the record we hold was December 2018, at 7,843 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 CILO
- Who operates CILO?
- CILO is operated by Ring Energy, Inc., Railroad Commission of Texas operator number 712382.
- Where is CILO?
- CILO is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 51884.
- Is CILO still producing?
- CILO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CILO is August 2026.
- How much has CILO produced?
- CILO has reported 81,519 barrels of oil (bbl) to the Railroad Commission of Texas between November 2018 and August 2026, from 1 wellbore.
- How much is CILO worth?
- The remaining production from CILO is estimated to be worth about $710K in total as of 27 August 2026, within a range of $554K to $867K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CILO is a fraction of it. The estimate fits an Arps decline curve to the production CILO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CILO is an estimate of value, not an offer and not an appraisal.
- How much income does CILO generate in a year?
- CILO is forecast to net about $133K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CILO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ring Energy, Inc. |
|---|---|
| Field | Block A-34 (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 51884 |
| Wellbores | 1 |
| Reported production | 81,519 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $710K |
Where CILO 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.