CASS COUNTY IRON CO.
CASS COUNTY IRON CO. is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Machin & Associates, Inc. It has 4 wellbores on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 76,403 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 $366K, with roughly $70K 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 91 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was July 2016, at 539 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 CASS COUNTY IRON CO.
- Who operates CASS COUNTY IRON CO.?
- CASS COUNTY IRON CO. is operated by Machin & Associates, Inc., Railroad Commission of Texas operator number 520328.
- Where is CASS COUNTY IRON CO.?
- CASS COUNTY IRON CO. is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15112.
- Is CASS COUNTY IRON CO. still producing?
- CASS COUNTY IRON CO. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASS COUNTY IRON CO. is August 2026.
- How much has CASS COUNTY IRON CO. produced?
- CASS COUNTY IRON CO. has reported 76,403 barrels of oil (bbl) to the Railroad Commission of Texas between October 2011 and August 2026, from 4 wellbores.
- How much is CASS COUNTY IRON CO. worth?
- The remaining production from CASS COUNTY IRON CO. is estimated to be worth about $366K in total as of 27 August 2026, within a range of $202K to $531K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASS COUNTY IRON CO. is a fraction of it. The estimate fits an Arps decline curve to the production CASS COUNTY IRON CO. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASS COUNTY IRON CO. is an estimate of value, not an offer and not an appraisal.
- How much income does CASS COUNTY IRON CO. generate in a year?
- CASS COUNTY IRON CO. is forecast to net about $70K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CASS COUNTY IRON CO. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Machin & Associates, Inc. |
|---|---|
| Field | Iron Lake |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 15112 |
| Wellbores | 4 |
| Reported production | 76,403 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $366K |
Where CASS COUNTY IRON CO. 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.