CADE, D. F. OIL UNIT
CADE, D. F. OIL UNIT is a Texas oil lease in Van Zandt County, Railroad Commission district 05, operated by Union Oil Company Of California. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 16,787 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 $50K, with roughly $10K 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 15 barrels a month. Its strongest month on the record we hold was April 2020, at 56 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CADE, D. F. OIL UNIT
- Who operates CADE, D. F. OIL UNIT?
- CADE, D. F. OIL UNIT is operated by Union Oil Company Of California, Railroad Commission of Texas operator number 876520.
- Where is CADE, D. F. OIL UNIT?
- CADE, D. F. OIL UNIT is a Texas oil lease in Van Zandt County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 01910.
- Is CADE, D. F. OIL UNIT still producing?
- CADE, D. F. OIL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CADE, D. F. OIL UNIT is August 2026.
- How much has CADE, D. F. OIL UNIT produced?
- CADE, D. F. OIL UNIT has reported 16,787 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CADE, D. F. OIL UNIT worth?
- The remaining production from CADE, D. F. OIL UNIT is estimated to be worth about $50K in total as of 26 August 2026, within a range of $27K to $72K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CADE, D. F. OIL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CADE, D. F. OIL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CADE, D. F. OIL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CADE, D. F. OIL UNIT generate in a year?
- CADE, D. F. OIL UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CADE, D. F. OIL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Oil Company Of California |
|---|---|
| Field | Van, West (Glen Rose) |
| County | Van Zandt County, Texas |
| RRC district | 05 |
| Lease number | 01910 |
| Wellbores | 1 |
| Reported production | 16,787 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $50K |
Where CADE, D. F. OIL UNIT 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.