CAFFEY "32"
CAFFEY "32" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Petroplex Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 54,304 barrels. The lease is shut in. 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 $2K, with roughly $278 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 130 barrels a month. Its strongest month on the record we hold was March 2024, at 3,104 barrels.
Key facts about CAFFEY "32"
- Who operates CAFFEY "32"?
- CAFFEY "32" is operated by Petroplex Energy Inc., Railroad Commission of Texas operator number 660886.
- Where is CAFFEY "32"?
- CAFFEY "32" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 39016.
- Is CAFFEY "32" still producing?
- CAFFEY "32" is shut in. The most recent month of production reported to the Railroad Commission of Texas for CAFFEY "32" is August 2026.
- How much has CAFFEY "32" produced?
- CAFFEY "32" has reported 54,304 barrels of oil (bbl) to the Railroad Commission of Texas between December 2007 and August 2026, from 1 wellbore.
- How much is CAFFEY "32" worth?
- The remaining production from CAFFEY "32" is estimated to be worth about $2K in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAFFEY "32" is a fraction of it. The estimate fits an Arps decline curve to the production CAFFEY "32" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAFFEY "32" is an estimate of value, not an offer and not an appraisal.
- How much income does CAFFEY "32" generate in a year?
- CAFFEY "32" is forecast to net about $278 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CAFFEY "32" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petroplex Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 39016 |
| Wellbores | 1 |
| Reported production | 54,304 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where CAFFEY "32" 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.