CMWW
CMWW 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 September 2023 to August 2026, totalling 52,042 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 $895K, with roughly $278K 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 465 barrels a month. Its strongest month on the record we hold was October 2023, at 12,631 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 CMWW
- Who operates CMWW?
- CMWW is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is CMWW?
- CMWW is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21230.
- Is CMWW still producing?
- CMWW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CMWW is August 2026.
- How much has CMWW produced?
- CMWW has reported 52,042 barrels of oil (bbl) to the Railroad Commission of Texas between September 2023 and August 2026, from 1 wellbore.
- How much is CMWW worth?
- The remaining production from CMWW is estimated to be worth about $895K in total as of 27 August 2026, within a range of $698K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CMWW is a fraction of it. The estimate fits an Arps decline curve to the production CMWW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CMWW is an estimate of value, not an offer and not an appraisal.
- How much income does CMWW generate in a year?
- CMWW is forecast to net about $278K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CMWW 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 | 21230 |
| Wellbores | 1 |
| Reported production | 52,042 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $895K |
Where CMWW 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.