CADDELL UNIT
CADDELL UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Burlington Resources O & G Co LP. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 595,271 thousand cubic feet. 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 $49K, 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 368 thousand cubic feet a month. Its strongest month on the record we hold was May 2023, at 3,181 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CADDELL UNIT
- Who operates CADDELL UNIT?
- CADDELL UNIT is operated by Burlington Resources O & G Co LP, Railroad Commission of Texas operator number 109333.
- Where is CADDELL UNIT?
- CADDELL UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 198643.
- Is CADDELL UNIT still producing?
- CADDELL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CADDELL UNIT is August 2026.
- How much has CADDELL UNIT produced?
- CADDELL UNIT has reported 595,271 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
- How much is CADDELL UNIT worth?
- The remaining production from CADDELL UNIT is estimated to be worth about $49K in total as of 26 August 2026, within a range of $38K to $60K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CADDELL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CADDELL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CADDELL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CADDELL UNIT generate in a year?
- CADDELL UNIT 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 CADDELL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burlington Resources O & G Co LP |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 198643 |
| Wellbores | 1 |
| Reported production | 595,271 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $49K |
Where CADDELL UNIT 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.