CK
CK 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 September 2008 to August 2026, totalling 153,486 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 $4.3M, with roughly $1.5M 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 1,506 barrels a month. Its strongest month on the record we hold was February 2026, at 3,873 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CK
- Who operates CK?
- CK is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is CK?
- CK is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25256.
- Is CK still producing?
- CK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CK is August 2026.
- How much has CK produced?
- CK has reported 153,486 barrels of oil (bbl) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is CK worth?
- The remaining production from CK is estimated to be worth about $4.3M in total as of 26 August 2026, within a range of $3.6M to $5.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CK is a fraction of it. The estimate fits an Arps decline curve to the production CK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CK is an estimate of value, not an offer and not an appraisal.
- How much income does CK generate in a year?
- CK is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CK 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 | 25256 |
| Wellbores | 1 |
| Reported production | 153,486 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.3M |
Where CK 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.