CATS PICASSO 4801C
CATS PICASSO 4801C is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Civitas Permian Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2023 to August 2026, totalling 117,933 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 $7.5M, with roughly $2.0M 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 2,925 barrels a month. Its strongest month on the record we hold was May 2024, at 14,985 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CATS PICASSO 4801C
- Who operates CATS PICASSO 4801C?
- CATS PICASSO 4801C is operated by Civitas Permian Operating, LLC, Railroad Commission of Texas operator number 101577.
- Where is CATS PICASSO 4801C?
- CATS PICASSO 4801C is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22546.
- Is CATS PICASSO 4801C still producing?
- CATS PICASSO 4801C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CATS PICASSO 4801C is August 2026.
- How much has CATS PICASSO 4801C produced?
- CATS PICASSO 4801C has reported 117,933 barrels of oil (bbl) to the Railroad Commission of Texas between September 2023 and August 2026, from 1 wellbore.
- How much is CATS PICASSO 4801C worth?
- The remaining production from CATS PICASSO 4801C is estimated to be worth about $7.5M in total as of 27 August 2026, within a range of $6.2M to $8.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CATS PICASSO 4801C is a fraction of it. The estimate fits an Arps decline curve to the production CATS PICASSO 4801C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CATS PICASSO 4801C is an estimate of value, not an offer and not an appraisal.
- How much income does CATS PICASSO 4801C generate in a year?
- CATS PICASSO 4801C is forecast to net about $2.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CATS PICASSO 4801C receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Civitas Permian Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22546 |
| Wellbores | 1 |
| Reported production | 117,933 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.5M |
Where CATS PICASSO 4801C 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.