RA
RA 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 June 2010 to August 2026, totalling 83,116 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 $477K, with roughly $91K 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 117 barrels a month. Its strongest month on the record we hold was July 2017, at 452 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 RA
- Who operates RA?
- RA is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is RA?
- RA is a Texas oil lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25542.
- Is RA still producing?
- RA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RA is August 2026.
- How much has RA produced?
- RA has reported 83,116 barrels of oil (bbl) to the Railroad Commission of Texas between June 2010 and August 2026, from 1 wellbore.
- How much is RA worth?
- The remaining production from RA is estimated to be worth about $477K in total as of 26 August 2026, within a range of $372K to $582K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RA is a fraction of it. The estimate fits an Arps decline curve to the production RA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RA is an estimate of value, not an offer and not an appraisal.
- How much income does RA generate in a year?
- RA is forecast to net about $91K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RA 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 | 25542 |
| Wellbores | 1 |
| Reported production | 83,116 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $477K |
Where RA 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.