CENIZO
CENIZO is a Texas oil lease in Zavala County, Railroad Commission district 01, operated by CML Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 142,352 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 $349K, with roughly $67K 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 November 2020, at 1,896 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 CENIZO
- Who operates CENIZO?
- CENIZO is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is CENIZO?
- CENIZO is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18525.
- Is CENIZO still producing?
- CENIZO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CENIZO is August 2026.
- How much has CENIZO produced?
- CENIZO has reported 142,352 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is CENIZO worth?
- The remaining production from CENIZO is estimated to be worth about $349K in total as of 27 August 2026, within a range of $272K to $425K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CENIZO is a fraction of it. The estimate fits an Arps decline curve to the production CENIZO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CENIZO is an estimate of value, not an offer and not an appraisal.
- How much income does CENIZO generate in a year?
- CENIZO is forecast to net about $67K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CENIZO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CML Exploration, LLC |
|---|---|
| Field | Pearsall (Buda, S.) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 18525 |
| Wellbores | 1 |
| Reported production | 142,352 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $349K |
Where CENIZO 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.