CAVIN FEE
CAVIN FEE is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Siroco Operating Co., Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 63,932 barrels. The lease is intermittent. 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 $9K, with roughly $2K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was December 2016, at 303 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 CAVIN FEE
- Who operates CAVIN FEE?
- CAVIN FEE is operated by Siroco Operating Co., Inc., Railroad Commission of Texas operator number 784946.
- Where is CAVIN FEE?
- CAVIN FEE is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 04179.
- Is CAVIN FEE still producing?
- CAVIN FEE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CAVIN FEE is August 2026.
- How much has CAVIN FEE produced?
- CAVIN FEE has reported 63,932 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is CAVIN FEE worth?
- The remaining production from CAVIN FEE is estimated to be worth about $9K in total as of 26 August 2026, within a range of $0 to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAVIN FEE is a fraction of it. The estimate fits an Arps decline curve to the production CAVIN FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAVIN FEE is an estimate of value, not an offer and not an appraisal.
- How much income does CAVIN FEE generate in a year?
- CAVIN FEE is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CAVIN FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Siroco Operating Co., Inc. |
|---|---|
| Field | Bethany, Ne. (3720 Sand) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 04179 |
| Wellbores | 3 |
| Reported production | 63,932 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where CAVIN FEE 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.