CASTEEL
CASTEEL is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Arrowhead Productions, LP. It has 2 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 13,104 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 $163K, with roughly $31K 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 39 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was October 2016, at 102 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 CASTEEL
- Who operates CASTEEL?
- CASTEEL is operated by Arrowhead Productions, LP, Railroad Commission of Texas operator number 033523.
- Where is CASTEEL?
- CASTEEL is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32167.
- Is CASTEEL still producing?
- CASTEEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASTEEL is August 2026.
- How much has CASTEEL produced?
- CASTEEL has reported 13,104 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 2 wellbores.
- How much is CASTEEL worth?
- The remaining production from CASTEEL is estimated to be worth about $163K in total as of 26 August 2026, within a range of $90K to $237K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASTEEL is a fraction of it. The estimate fits an Arps decline curve to the production CASTEEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASTEEL is an estimate of value, not an offer and not an appraisal.
- How much income does CASTEEL generate in a year?
- CASTEEL is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CASTEEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arrowhead Productions, LP |
|---|---|
| Field | Jack County Regular |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 32167 |
| Wellbores | 2 |
| Reported production | 13,104 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $163K |
Where CASTEEL 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.