WEBB
WEBB 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 May 2013 to August 2026, totalling 142,569 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 $695K, with roughly $117K 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 109 barrels a month. Its strongest month on the record we hold was August 2016, at 859 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 WEBB
- Who operates WEBB?
- WEBB is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is WEBB?
- WEBB is a Texas oil lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26166.
- Is WEBB still producing?
- WEBB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEBB is August 2026.
- How much has WEBB produced?
- WEBB has reported 142,569 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is WEBB worth?
- The remaining production from WEBB is estimated to be worth about $695K in total as of 26 August 2026, within a range of $542K to $848K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEBB is a fraction of it. The estimate fits an Arps decline curve to the production WEBB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEBB is an estimate of value, not an offer and not an appraisal.
- How much income does WEBB generate in a year?
- WEBB is forecast to net about $117K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEBB 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 | 26166 |
| Wellbores | 1 |
| Reported production | 142,569 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $695K |
Where WEBB 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.