CASEY -B- UNIT
CASEY -B- UNIT is a Texas oil lease in Leon County, Railroad Commission district 05, operated by Barrow-Shaver Resources Co. It has 1 wellbore on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 29,476 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 $125K, with roughly $24K 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 39 barrels a month. Its strongest month on the record we hold was December 2022, at 76 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 CASEY -B- UNIT
- Who operates CASEY -B- UNIT?
- CASEY -B- UNIT is operated by Barrow-Shaver Resources Co., Railroad Commission of Texas operator number 053321.
- Where is CASEY -B- UNIT?
- CASEY -B- UNIT is a Texas oil lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03844.
- Is CASEY -B- UNIT still producing?
- CASEY -B- UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASEY -B- UNIT is August 2026.
- How much has CASEY -B- UNIT produced?
- CASEY -B- UNIT has reported 29,476 barrels of oil (bbl) to the Railroad Commission of Texas between February 2007 and August 2026, from 1 wellbore.
- How much is CASEY -B- UNIT worth?
- The remaining production from CASEY -B- UNIT is estimated to be worth about $125K in total as of 26 August 2026, within a range of $69K to $182K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASEY -B- UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CASEY -B- UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASEY -B- UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CASEY -B- UNIT generate in a year?
- CASEY -B- UNIT is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CASEY -B- UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Barrow-Shaver Resources Co. |
|---|---|
| Field | Red Oak (Dexter) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 03844 |
| Wellbores | 1 |
| Reported production | 29,476 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $125K |
Where CASEY -B- 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.