CADDEL
CADDEL is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Borderline Operating Corp. It has 1 wellbore on file with the Commission. Reported production runs from July 2015 to August 2026, totalling 59,944 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 $429K, with roughly $81K 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 117 barrels a month. Its strongest month on the record we hold was January 2017, at 941 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 CADDEL
- Who operates CADDEL?
- CADDEL is operated by Borderline Operating Corp., Railroad Commission of Texas operator number 082999.
- Where is CADDEL?
- CADDEL is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33417.
- Is CADDEL still producing?
- CADDEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CADDEL is August 2026.
- How much has CADDEL produced?
- CADDEL has reported 59,944 barrels of oil (bbl) to the Railroad Commission of Texas between July 2015 and August 2026, from 1 wellbore.
- How much is CADDEL worth?
- The remaining production from CADDEL is estimated to be worth about $429K in total as of 26 August 2026, within a range of $335K to $524K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CADDEL is a fraction of it. The estimate fits an Arps decline curve to the production CADDEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CADDEL is an estimate of value, not an offer and not an appraisal.
- How much income does CADDEL generate in a year?
- CADDEL is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CADDEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Borderline Operating Corp. |
|---|---|
| Field | Bryson, South (Mississippian) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 33417 |
| Wellbores | 1 |
| Reported production | 59,944 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $429K |
Where CADDEL 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.