VRE MINERALS AC RE
VRE MINERALS AC RE 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 November 2025 to August 2026, totalling 22,663 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 $251K, with roughly $255K 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 3,573 barrels a month. Its strongest month on the record we hold was December 2025, at 6,693 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 VRE MINERALS AC RE
- Who operates VRE MINERALS AC RE?
- VRE MINERALS AC RE is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is VRE MINERALS AC RE?
- VRE MINERALS AC RE is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21890.
- Is VRE MINERALS AC RE still producing?
- VRE MINERALS AC RE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VRE MINERALS AC RE is August 2026.
- How much has VRE MINERALS AC RE produced?
- VRE MINERALS AC RE has reported 22,663 barrels of oil (bbl) to the Railroad Commission of Texas between November 2025 and August 2026, from 1 wellbore.
- How much is VRE MINERALS AC RE worth?
- The remaining production from VRE MINERALS AC RE is estimated to be worth about $251K in total as of 27 August 2026, within a range of $209K to $294K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VRE MINERALS AC RE is a fraction of it. The estimate fits an Arps decline curve to the production VRE MINERALS AC RE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VRE MINERALS AC RE is an estimate of value, not an offer and not an appraisal.
- How much income does VRE MINERALS AC RE generate in a year?
- VRE MINERALS AC RE is forecast to net about $255K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VRE MINERALS AC RE 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 | 21890 |
| Wellbores | 1 |
| Reported production | 22,663 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $251K |
Where VRE MINERALS AC RE 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.