CATO
CATO is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Acadia Oil, LLC. It has 4 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 6,672 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 16 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was August 2018, at 66 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 CATO
- Who operates CATO?
- CATO is operated by Acadia Oil, LLC, Railroad Commission of Texas operator number 003312.
- Where is CATO?
- CATO is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32092.
- Is CATO still producing?
- CATO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CATO is August 2026.
- How much has CATO produced?
- CATO has reported 6,672 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 4 wellbores.
- How much is CATO worth?
- The remaining production from CATO 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 CATO is a fraction of it. The estimate fits an Arps decline curve to the production CATO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CATO is an estimate of value, not an offer and not an appraisal.
- How much income does CATO generate in a year?
- CATO 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 CATO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Acadia Oil, LLC |
|---|---|
| Field | Wichita County Regular |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 32092 |
| Wellbores | 4 |
| Reported production | 6,672 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $50K |
Where CATO 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.