BURNS RANCH 2
BURNS RANCH 2 is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by CML Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 79,941 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 $704K, with roughly $356K 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 478 barrels a month. Its strongest month on the record we hold was December 2022, at 7,062 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 BURNS RANCH 2
- Who operates BURNS RANCH 2?
- BURNS RANCH 2 is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is BURNS RANCH 2?
- BURNS RANCH 2 is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20839.
- Is BURNS RANCH 2 still producing?
- BURNS RANCH 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNS RANCH 2 is August 2026.
- How much has BURNS RANCH 2 produced?
- BURNS RANCH 2 has reported 79,941 barrels of oil (bbl) to the Railroad Commission of Texas between October 2022 and August 2026, from 1 wellbore.
- How much is BURNS RANCH 2 worth?
- The remaining production from BURNS RANCH 2 is estimated to be worth about $704K in total as of 26 August 2026, within a range of $549K to $859K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNS RANCH 2 is a fraction of it. The estimate fits an Arps decline curve to the production BURNS RANCH 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BURNS RANCH 2 is an estimate of value, not an offer and not an appraisal.
- How much income does BURNS RANCH 2 generate in a year?
- BURNS RANCH 2 is forecast to net about $356K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURNS RANCH 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CML Exploration, LLC |
|---|---|
| Field | Pearsall (Buda, S.) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 20839 |
| Wellbores | 1 |
| Reported production | 79,941 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $704K |
Where BURNS RANCH 2 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.