OLD SWITCHEROO 418
OLD SWITCHEROO 418 is a Texas oil lease in Yoakum County, Railroad Commission district 8A, operated by CML Exploration, LLC. It has 5 wellbores on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 388,537 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 $7.5M, with roughly $1.9M 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 2,467 barrels a month, about 493 per wellbore. Its strongest month on the record we hold was June 2020, at 17,384 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 OLD SWITCHEROO 418
- Who operates OLD SWITCHEROO 418?
- OLD SWITCHEROO 418 is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is OLD SWITCHEROO 418?
- OLD SWITCHEROO 418 is a Texas oil lease in Yoakum County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71097.
- Is OLD SWITCHEROO 418 still producing?
- OLD SWITCHEROO 418 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLD SWITCHEROO 418 is August 2026.
- How much has OLD SWITCHEROO 418 produced?
- OLD SWITCHEROO 418 has reported 388,537 barrels of oil (bbl) to the Railroad Commission of Texas between August 2018 and August 2026, from 5 wellbores.
- How much is OLD SWITCHEROO 418 worth?
- The remaining production from OLD SWITCHEROO 418 is estimated to be worth about $7.5M in total as of 27 August 2026, within a range of $6.2M to $8.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLD SWITCHEROO 418 is a fraction of it. The estimate fits an Arps decline curve to the production OLD SWITCHEROO 418 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLD SWITCHEROO 418 is an estimate of value, not an offer and not an appraisal.
- How much income does OLD SWITCHEROO 418 generate in a year?
- OLD SWITCHEROO 418 is forecast to net about $1.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OLD SWITCHEROO 418 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CML Exploration, LLC |
|---|---|
| Field | U-Lazy -S- (Ellenburger) |
| County | Yoakum County, Texas |
| RRC district | 8A |
| Lease number | 71097 |
| Wellbores | 5 |
| Reported production | 388,537 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.5M |
Where OLD SWITCHEROO 418 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.