CMTT
CMTT is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Storm Oil. It has 30 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 42,053 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 $151K, with roughly $29K 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 47 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was May 2018, at 255 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CMTT
- Who operates CMTT?
- CMTT is operated by Storm Oil, Railroad Commission of Texas operator number 823919.
- Where is CMTT?
- CMTT is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 01534.
- Is CMTT still producing?
- CMTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CMTT is August 2026.
- How much has CMTT produced?
- CMTT has reported 42,053 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 30 wellbores.
- How much is CMTT worth?
- The remaining production from CMTT is estimated to be worth about $151K in total as of 27 August 2026, within a range of $83K to $219K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CMTT is a fraction of it. The estimate fits an Arps decline curve to the production CMTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CMTT is an estimate of value, not an offer and not an appraisal.
- How much income does CMTT generate in a year?
- CMTT is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CMTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Storm Oil |
|---|---|
| Field | Clay County Regular |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 01534 |
| Wellbores | 30 |
| Reported production | 42,053 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $151K |
Where CMTT 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.