CAST
CAST is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by JKW Energy Division. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 16,876 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 $42K, with roughly $8K 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 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was May 2016, at 211 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 CAST
- Who operates CAST?
- CAST is operated by JKW Energy Division, Railroad Commission of Texas operator number 433048.
- Where is CAST?
- CAST is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 12133.
- Is CAST still producing?
- CAST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAST is August 2026.
- How much has CAST produced?
- CAST has reported 16,876 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is CAST worth?
- The remaining production from CAST is estimated to be worth about $42K in total as of 26 August 2026, within a range of $0 to $84K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAST is a fraction of it. The estimate fits an Arps decline curve to the production CAST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAST is an estimate of value, not an offer and not an appraisal.
- How much income does CAST generate in a year?
- CAST is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CAST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | JKW Energy Division |
|---|---|
| Field | Buchanan |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 12133 |
| Wellbores | 3 |
| Reported production | 16,876 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $42K |
Where CAST 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.