LLOYD
LLOYD is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by CML Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2025 to August 2026, totalling 29,816 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 $405K, with roughly $378K 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 2,899 barrels a month. Its strongest month on the record we hold was August 2025, at 5,705 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LLOYD
- Who operates LLOYD?
- LLOYD is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is LLOYD?
- LLOYD is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28238.
- Is LLOYD still producing?
- LLOYD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LLOYD is August 2026.
- How much has LLOYD produced?
- LLOYD has reported 29,816 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is LLOYD worth?
- The remaining production from LLOYD is estimated to be worth about $405K in total as of 26 August 2026, within a range of $336K to $474K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LLOYD is a fraction of it. The estimate fits an Arps decline curve to the production LLOYD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LLOYD is an estimate of value, not an offer and not an appraisal.
- How much income does LLOYD generate in a year?
- LLOYD is forecast to net about $378K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LLOYD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CML Exploration, LLC |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 28238 |
| Wellbores | 1 |
| Reported production | 29,816 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $405K |
Where LLOYD 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.