CMC
CMC is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Beryl Oil And Gas, LP. It has 6 wellbores on file with the Commission. Reported production runs from June 2023 to August 2026, totalling 702,706 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 $64.0M, with roughly $15.6M 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 22,635 barrels a month, about 3,773 per wellbore. Its strongest month on the record we hold was May 2024, at 30,009 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CMC
- Who operates CMC?
- CMC is operated by Beryl Oil And Gas, LP, Railroad Commission of Texas operator number 068209.
- Where is CMC?
- CMC is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71338.
- Is CMC still producing?
- CMC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CMC is August 2026.
- How much has CMC produced?
- CMC has reported 702,706 barrels of oil (bbl) to the Railroad Commission of Texas between June 2023 and August 2026, from 6 wellbores.
- How much is CMC worth?
- The remaining production from CMC is estimated to be worth about $64.0M in total as of 26 August 2026, within a range of $52.5M to $75.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CMC is a fraction of it. The estimate fits an Arps decline curve to the production CMC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CMC is an estimate of value, not an offer and not an appraisal.
- How much income does CMC generate in a year?
- CMC is forecast to net about $15.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CMC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Beryl Oil And Gas, LP |
|---|---|
| Field | Illusion Lake (San Andres) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 71338 |
| Wellbores | 6 |
| Reported production | 702,706 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $64.0M |
Where CMC 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.