DALE
DALE 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 January 2015 to August 2026, totalling 91,042 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 $462K, with roughly $79K 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 137 barrels a month. Its strongest month on the record we hold was March 2017, at 1,188 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 DALE
- Who operates DALE?
- DALE is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is DALE?
- DALE is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18382.
- Is DALE still producing?
- DALE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DALE is August 2026.
- How much has DALE produced?
- DALE has reported 91,042 barrels of oil (bbl) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is DALE worth?
- The remaining production from DALE is estimated to be worth about $462K in total as of 27 August 2026, within a range of $360K to $563K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DALE is a fraction of it. The estimate fits an Arps decline curve to the production DALE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DALE is an estimate of value, not an offer and not an appraisal.
- How much income does DALE generate in a year?
- DALE is forecast to net about $79K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DALE 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 | 18382 |
| Wellbores | 1 |
| Reported production | 91,042 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $462K |
Where DALE 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.