GAIL
GAIL 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 April 2017 to August 2026, totalling 200,131 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 $197K, with roughly $112K 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 314 barrels a month. Its strongest month on the record we hold was July 2017, at 18,272 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 GAIL
- Who operates GAIL?
- GAIL is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is GAIL?
- GAIL is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 19021.
- Is GAIL still producing?
- GAIL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAIL is August 2026.
- How much has GAIL produced?
- GAIL has reported 200,131 barrels of oil (bbl) to the Railroad Commission of Texas between April 2017 and August 2026, from 1 wellbore.
- How much is GAIL worth?
- The remaining production from GAIL is estimated to be worth about $197K in total as of 26 August 2026, within a range of $154K to $240K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAIL is a fraction of it. The estimate fits an Arps decline curve to the production GAIL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAIL is an estimate of value, not an offer and not an appraisal.
- How much income does GAIL generate in a year?
- GAIL is forecast to net about $112K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GAIL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CML Exploration, LLC |
|---|---|
| Field | Pena Creek (Georgetown) |
| County | Zavala County, Texas |
| RRC district | 01 |
| Lease number | 19021 |
| Wellbores | 1 |
| Reported production | 200,131 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $197K |
Where GAIL 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.