CASSELMAN 8 PSA 2
CASSELMAN 8 PSA 2 is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Callon Petroleum Operating Co. It has 2 wellbores on file with the Commission. Reported production runs from October 2015 to August 2026, totalling 324,800 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 $1.7M, with roughly $274K 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 224 barrels a month, about 112 per wellbore. Its strongest month on the record we hold was June 2019, at 9,495 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 CASSELMAN 8 PSA 2
- Who operates CASSELMAN 8 PSA 2?
- CASSELMAN 8 PSA 2 is operated by Callon Petroleum Operating Co, Railroad Commission of Texas operator number 124828.
- Where is CASSELMAN 8 PSA 2?
- CASSELMAN 8 PSA 2 is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 47392.
- Is CASSELMAN 8 PSA 2 still producing?
- CASSELMAN 8 PSA 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASSELMAN 8 PSA 2 is August 2026.
- How much has CASSELMAN 8 PSA 2 produced?
- CASSELMAN 8 PSA 2 has reported 324,800 barrels of oil (bbl) to the Railroad Commission of Texas between October 2015 and August 2026, from 2 wellbores.
- How much is CASSELMAN 8 PSA 2 worth?
- The remaining production from CASSELMAN 8 PSA 2 is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.3M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASSELMAN 8 PSA 2 is a fraction of it. The estimate fits an Arps decline curve to the production CASSELMAN 8 PSA 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASSELMAN 8 PSA 2 is an estimate of value, not an offer and not an appraisal.
- How much income does CASSELMAN 8 PSA 2 generate in a year?
- CASSELMAN 8 PSA 2 is forecast to net about $274K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CASSELMAN 8 PSA 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Callon Petroleum Operating Co |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 47392 |
| Wellbores | 2 |
| Reported production | 324,800 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where CASSELMAN 8 PSA 2 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.