BLOCK #19 UNIT #1
BLOCK #19 UNIT #1 is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by Cain Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,564 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 $15K, with roughly $3K 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 10 barrels a month. Its strongest month on the record we hold was April 2019, at 104 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BLOCK #19 UNIT #1
- Who operates BLOCK #19 UNIT #1?
- BLOCK #19 UNIT #1 is operated by Cain Oil Company, Railroad Commission of Texas operator number 122900.
- Where is BLOCK #19 UNIT #1?
- BLOCK #19 UNIT #1 is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 02967.
- Is BLOCK #19 UNIT #1 still producing?
- BLOCK #19 UNIT #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLOCK #19 UNIT #1 is August 2026.
- How much has BLOCK #19 UNIT #1 produced?
- BLOCK #19 UNIT #1 has reported 12,564 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BLOCK #19 UNIT #1 worth?
- The remaining production from BLOCK #19 UNIT #1 is estimated to be worth about $15K in total as of 27 August 2026, within a range of $0 to $30K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLOCK #19 UNIT #1 is a fraction of it. The estimate fits an Arps decline curve to the production BLOCK #19 UNIT #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLOCK #19 UNIT #1 is an estimate of value, not an offer and not an appraisal.
- How much income does BLOCK #19 UNIT #1 generate in a year?
- BLOCK #19 UNIT #1 is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLOCK #19 UNIT #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cain Oil Company |
|---|---|
| Field | Salt Flat |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 02967 |
| Wellbores | 1 |
| Reported production | 12,564 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where BLOCK #19 UNIT #1 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.