RAB
RAB 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 August 2021 to August 2026, totalling 120,109 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 $347K, with roughly $237K 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 630 barrels a month. Its strongest month on the record we hold was October 2021, at 9,237 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 RAB
- Who operates RAB?
- RAB is operated by CML Exploration, LLC, Railroad Commission of Texas operator number 120648.
- Where is RAB?
- RAB is a Texas oil lease in Zavala County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 20518.
- Is RAB still producing?
- RAB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAB is August 2026.
- How much has RAB produced?
- RAB has reported 120,109 barrels of oil (bbl) to the Railroad Commission of Texas between August 2021 and August 2026, from 1 wellbore.
- How much is RAB worth?
- The remaining production from RAB is estimated to be worth about $347K in total as of 27 August 2026, within a range of $270K to $423K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAB is a fraction of it. The estimate fits an Arps decline curve to the production RAB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAB is an estimate of value, not an offer and not an appraisal.
- How much income does RAB generate in a year?
- RAB is forecast to net about $237K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAB 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 | 20518 |
| Wellbores | 1 |
| Reported production | 120,109 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $347K |
Where RAB 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.