CALTON, A. D.
CALTON, A. D. is a Texas oil lease in Milam County, Railroad Commission district 01, operated by Penrod Oil Company Of Texas, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 4,632 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 $27K, with roughly $5K 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 10 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was June 2025, at 40 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 CALTON, A. D.
- Who operates CALTON, A. D.?
- CALTON, A. D. is operated by Penrod Oil Company Of Texas, Inc, Railroad Commission of Texas operator number 652875.
- Where is CALTON, A. D.?
- CALTON, A. D. is a Texas oil lease in Milam County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 01229.
- Is CALTON, A. D. still producing?
- CALTON, A. D. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CALTON, A. D. is August 2026.
- How much has CALTON, A. D. produced?
- CALTON, A. D. has reported 4,632 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is CALTON, A. D. worth?
- The remaining production from CALTON, A. D. is estimated to be worth about $27K in total as of 27 August 2026, within a range of $0 to $54K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CALTON, A. D. is a fraction of it. The estimate fits an Arps decline curve to the production CALTON, A. D. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CALTON, A. D. is an estimate of value, not an offer and not an appraisal.
- How much income does CALTON, A. D. generate in a year?
- CALTON, A. D. is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CALTON, A. D. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penrod Oil Company Of Texas, Inc |
|---|---|
| Field | Minerva-Rockdale |
| County | Milam County, Texas |
| RRC district | 01 |
| Lease number | 01229 |
| Wellbores | 3 |
| Reported production | 4,632 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where CALTON, A. D. 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.