CALDWELL
CALDWELL is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Meridian Oil Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 454,718 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 $74K, with roughly $11K 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 460 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 1,089 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 CALDWELL
- Who operates CALDWELL?
- CALDWELL is operated by Meridian Oil Inc., Railroad Commission of Texas operator number 561132.
- Where is CALDWELL?
- CALDWELL is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 026045.
- Is CALDWELL still producing?
- CALDWELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CALDWELL is August 2026.
- How much has CALDWELL produced?
- CALDWELL has reported 454,718 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CALDWELL worth?
- The remaining production from CALDWELL is estimated to be worth about $74K in total as of 26 August 2026, within a range of $58K to $90K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CALDWELL is a fraction of it. The estimate fits an Arps decline curve to the production CALDWELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CALDWELL is an estimate of value, not an offer and not an appraisal.
- How much income does CALDWELL generate in a year?
- CALDWELL is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CALDWELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Inc. |
|---|---|
| Field | Panhandle, East |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 026045 |
| Wellbores | 1 |
| Reported production | 454,718 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $74K |
Where CALDWELL 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.