BEAL
BEAL is a Texas oil lease in Grimes County, Railroad Commission district 03, operated by CML Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 249,208 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 $1.1M, with roughly $279K 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 390 barrels a month. Its strongest month on the record we hold was January 2017, at 1,181 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 BEAL
- Who operates BEAL?
- BEAL is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is BEAL?
- BEAL is a Texas oil lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25653.
- Is BEAL still producing?
- BEAL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAL is August 2026.
- How much has BEAL produced?
- BEAL has reported 249,208 barrels of oil (bbl) to the Railroad Commission of Texas between October 2010 and August 2026, from 1 wellbore.
- How much is BEAL worth?
- The remaining production from BEAL is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $835K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAL is a fraction of it. The estimate fits an Arps decline curve to the production BEAL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAL is an estimate of value, not an offer and not an appraisal.
- How much income does BEAL generate in a year?
- BEAL is forecast to net about $279K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEAL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CML Exploration, LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 25653 |
| Wellbores | 1 |
| Reported production | 249,208 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where BEAL 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.