CARRL
CARRL is a Texas oil lease in Duval County, Railroad Commission district 04, operated by Mueller Engineering Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 50,286 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 $121K, with roughly $23K 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 27 barrels a month. Its strongest month on the record we hold was August 2020, at 160 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CARRL
- Who operates CARRL?
- CARRL is operated by Mueller Engineering Corp., Railroad Commission of Texas operator number 592645.
- Where is CARRL?
- CARRL is a Texas oil lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 10968.
- Is CARRL still producing?
- CARRL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARRL is August 2026.
- How much has CARRL produced?
- CARRL has reported 50,286 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARRL worth?
- The remaining production from CARRL is estimated to be worth about $121K in total as of 26 August 2026, within a range of $67K to $176K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARRL is a fraction of it. The estimate fits an Arps decline curve to the production CARRL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARRL is an estimate of value, not an offer and not an appraisal.
- How much income does CARRL generate in a year?
- CARRL is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARRL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mueller Engineering Corp. |
|---|---|
| Field | Carrl Ranch |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 10968 |
| Wellbores | 1 |
| Reported production | 50,286 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $121K |
Where CARRL 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.