CADDO A
CADDO A is a Texas oil lease in Milam County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 2 wellbores on file with the Commission. Reported production runs from June 1999 to August 2026, totalling 219,627 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 $630K, with roughly $119K 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 128 barrels a month, about 64 per wellbore. Its strongest month on the record we hold was February 2022, at 1,774 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 CADDO A
- Who operates CADDO A?
- CADDO A is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is CADDO A?
- CADDO A is a Texas oil lease in Milam County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23713.
- Is CADDO A still producing?
- CADDO A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CADDO A is August 2026.
- How much has CADDO A produced?
- CADDO A has reported 219,627 barrels of oil (bbl) to the Railroad Commission of Texas between June 1999 and August 2026, from 2 wellbores.
- How much is CADDO A worth?
- The remaining production from CADDO A is estimated to be worth about $630K in total as of 27 August 2026, within a range of $492K to $769K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CADDO A is a fraction of it. The estimate fits an Arps decline curve to the production CADDO A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CADDO A is an estimate of value, not an offer and not an appraisal.
- How much income does CADDO A generate in a year?
- CADDO A is forecast to net about $119K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CADDO A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Milam County, Texas |
| RRC district | 03 |
| Lease number | 23713 |
| Wellbores | 2 |
| Reported production | 219,627 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $630K |
Where CADDO A 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.