LOCHTE
LOCHTE 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 July 2021 to August 2026, totalling 45,691 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 $907K, with roughly $166K 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 195 barrels a month. Its strongest month on the record we hold was July 2021, at 6,669 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 LOCHTE
- Who operates LOCHTE?
- LOCHTE is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is LOCHTE?
- LOCHTE is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20491.
- Is LOCHTE still producing?
- LOCHTE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOCHTE is August 2026.
- How much has LOCHTE produced?
- LOCHTE has reported 45,691 barrels of oil (bbl) to the Railroad Commission of Texas between July 2021 and August 2026, from 1 wellbore.
- How much is LOCHTE worth?
- The remaining production from LOCHTE is estimated to be worth about $907K in total as of 26 August 2026, within a range of $708K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOCHTE is a fraction of it. The estimate fits an Arps decline curve to the production LOCHTE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOCHTE is an estimate of value, not an offer and not an appraisal.
- How much income does LOCHTE generate in a year?
- LOCHTE is forecast to net about $166K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOCHTE 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 | 20491 |
| Wellbores | 1 |
| Reported production | 45,691 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $907K |
Where LOCHTE 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.