CATLIN, TOM
CATLIN, TOM is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Caldwell Production Co. Inc. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 54,606 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 $811K, with roughly $156K 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 190 barrels a month, about 27 per wellbore. Its strongest month on the record we hold was February 2023, at 331 barrels. 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 CATLIN, TOM
- Who operates CATLIN, TOM?
- CATLIN, TOM is operated by Caldwell Production Co. Inc., Railroad Commission of Texas operator number 123682.
- Where is CATLIN, TOM?
- CATLIN, TOM is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00387.
- Is CATLIN, TOM still producing?
- CATLIN, TOM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CATLIN, TOM is August 2026.
- How much has CATLIN, TOM produced?
- CATLIN, TOM has reported 54,606 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is CATLIN, TOM worth?
- The remaining production from CATLIN, TOM is estimated to be worth about $811K in total as of 26 August 2026, within a range of $633K to $990K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CATLIN, TOM is a fraction of it. The estimate fits an Arps decline curve to the production CATLIN, TOM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CATLIN, TOM is an estimate of value, not an offer and not an appraisal.
- How much income does CATLIN, TOM generate in a year?
- CATLIN, TOM is forecast to net about $156K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CATLIN, TOM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Caldwell Production Co. Inc. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00387 |
| Wellbores | 7 |
| Reported production | 54,606 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $811K |
Where CATLIN, TOM 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.