RUTH
RUTH 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 March 2011 to August 2026, totalling 200,396 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 $712K, with roughly $135K 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 171 barrels a month. Its strongest month on the record we hold was April 2017, at 1,203 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 RUTH
- Who operates RUTH?
- RUTH is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is RUTH?
- RUTH is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15684.
- Is RUTH still producing?
- RUTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUTH is August 2026.
- How much has RUTH produced?
- RUTH has reported 200,396 barrels of oil (bbl) to the Railroad Commission of Texas between March 2011 and August 2026, from 1 wellbore.
- How much is RUTH worth?
- The remaining production from RUTH is estimated to be worth about $712K in total as of 26 August 2026, within a range of $555K to $868K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUTH is a fraction of it. The estimate fits an Arps decline curve to the production RUTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUTH is an estimate of value, not an offer and not an appraisal.
- How much income does RUTH generate in a year?
- RUTH is forecast to net about $135K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RUTH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CML Exploration, LLC |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 15684 |
| Wellbores | 1 |
| Reported production | 200,396 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $712K |
Where RUTH 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.