CASEY '30'
CASEY '30' is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Strawn Operating Co., L.L.C. It has 12 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 5,630 barrels. The lease is intermittent. 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 $155K, with roughly $30K 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 20 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was July 2017, at 97 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 CASEY '30'
- Who operates CASEY '30'?
- CASEY '30' is operated by Strawn Operating Co., L.L.C., Railroad Commission of Texas operator number 825814.
- Where is CASEY '30'?
- CASEY '30' is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31039.
- Is CASEY '30' still producing?
- CASEY '30' is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CASEY '30' is August 2026.
- How much has CASEY '30' produced?
- CASEY '30' has reported 5,630 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 12 wellbores.
- How much is CASEY '30' worth?
- The remaining production from CASEY '30' is estimated to be worth about $155K in total as of 26 August 2026, within a range of $85K to $224K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASEY '30' is a fraction of it. The estimate fits an Arps decline curve to the production CASEY '30' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASEY '30' is an estimate of value, not an offer and not an appraisal.
- How much income does CASEY '30' generate in a year?
- CASEY '30' is forecast to net about $30K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CASEY '30' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strawn Operating Co., L.L.C. |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 31039 |
| Wellbores | 12 |
| Reported production | 5,630 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $155K |
Where CASEY '30' 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.