BENGE UNIT
BENGE UNIT is a Texas oil lease in Madison County, Railroad Commission district 03, operated by CML Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 160,148 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 $646K, with roughly $207K 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 308 barrels a month. Its strongest month on the record we hold was May 2018, at 746 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 BENGE UNIT
- Who operates BENGE UNIT?
- BENGE UNIT is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is BENGE UNIT?
- BENGE UNIT is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25266.
- Is BENGE UNIT still producing?
- BENGE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENGE UNIT is August 2026.
- How much has BENGE UNIT produced?
- BENGE UNIT has reported 160,148 barrels of oil (bbl) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is BENGE UNIT worth?
- The remaining production from BENGE UNIT is estimated to be worth about $646K in total as of 26 August 2026, within a range of $504K to $788K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENGE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BENGE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENGE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BENGE UNIT generate in a year?
- BENGE UNIT is forecast to net about $207K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BENGE UNIT 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 | Madison County, Texas |
| RRC district | 03 |
| Lease number | 25266 |
| Wellbores | 1 |
| Reported production | 160,148 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $646K |
Where BENGE UNIT 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.