CAGE A
CAGE A is a Texas oil lease in Maverick County, Railroad Commission district 01, operated by Endeavor Natural Gas, LP. It has 5 wellbores on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 307,779 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 $28.6M, with roughly $6.2M 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 10,669 barrels a month, about 2,134 per wellbore. Its strongest month on the record we hold was December 2023, at 19,262 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CAGE A
- Who operates CAGE A?
- CAGE A is operated by Endeavor Natural Gas, LP, Railroad Commission of Texas operator number 251729.
- Where is CAGE A?
- CAGE A is a Texas oil lease in Maverick County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21159.
- Is CAGE A still producing?
- CAGE A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAGE A is August 2026.
- How much has CAGE A produced?
- CAGE A has reported 307,779 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 5 wellbores.
- How much is CAGE A worth?
- The remaining production from CAGE A is estimated to be worth about $28.6M in total as of 27 August 2026, within a range of $23.4M to $33.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAGE A is a fraction of it. The estimate fits an Arps decline curve to the production CAGE A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAGE A is an estimate of value, not an offer and not an appraisal.
- How much income does CAGE A generate in a year?
- CAGE A is forecast to net about $6.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CAGE A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Natural Gas, LP |
|---|---|
| Field | Hugh Fitzsimmons (San Miguel) |
| County | Maverick County, Texas |
| RRC district | 01 |
| Lease number | 21159 |
| Wellbores | 5 |
| Reported production | 307,779 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $28.6M |
Where CAGE A 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.