CALDWELL "STATE"

CALDWELL "STATE" is a Texas oil lease in Leon County, Railroad Commission district 05, operated by Roberts & Hammack, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,314 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 $135K, with roughly $26K 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 18 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was February 2026, at 84 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 CALDWELL "STATE"

Who operates CALDWELL "STATE"?
CALDWELL "STATE" is operated by Roberts & Hammack, Inc., Railroad Commission of Texas operator number 717115.
Where is CALDWELL "STATE"?
CALDWELL "STATE" is a Texas oil lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03013.
Is CALDWELL "STATE" still producing?
CALDWELL "STATE" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CALDWELL "STATE" is August 2026.
How much has CALDWELL "STATE" produced?
CALDWELL "STATE" has reported 15,314 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
How much is CALDWELL "STATE" worth?
The remaining production from CALDWELL "STATE" is estimated to be worth about $135K in total as of 26 August 2026, within a range of $74K to $196K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CALDWELL "STATE" is a fraction of it. The estimate fits an Arps decline curve to the production CALDWELL "STATE" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CALDWELL "STATE" is an estimate of value, not an offer and not an appraisal.
How much income does CALDWELL "STATE" generate in a year?
CALDWELL "STATE" is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CALDWELL "STATE" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CALDWELL "STATE" as filed with the Railroad Commission of Texas
OperatorRoberts & Hammack, Inc.
FieldRed Oak (Sub-Clarksville)
CountyLeon County, Texas
RRC district05
Lease number03013
Wellbores2
Reported production15,314 bbl
First reported
Last reported
Estimated royalty value$135K

Where CALDWELL "STATE" 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.