CAUBLE 22-29 UNIT 1
CAUBLE 22-29 UNIT 1 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Endeavor Energy Resources L.P. It has 5 wellbores on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 881,997 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 $37.6M, with roughly $6.9M 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 4,719 barrels a month, about 944 per wellbore. Its strongest month on the record we hold was September 2021, at 132,422 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 CAUBLE 22-29 UNIT 1
- Who operates CAUBLE 22-29 UNIT 1?
- CAUBLE 22-29 UNIT 1 is operated by Endeavor Energy Resources L.P., Railroad Commission of Texas operator number 251726.
- Where is CAUBLE 22-29 UNIT 1?
- CAUBLE 22-29 UNIT 1 is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21340.
- Is CAUBLE 22-29 UNIT 1 still producing?
- CAUBLE 22-29 UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAUBLE 22-29 UNIT 1 is August 2026.
- How much has CAUBLE 22-29 UNIT 1 produced?
- CAUBLE 22-29 UNIT 1 has reported 881,997 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 5 wellbores.
- How much is CAUBLE 22-29 UNIT 1 worth?
- The remaining production from CAUBLE 22-29 UNIT 1 is estimated to be worth about $37.6M in total as of 27 August 2026, within a range of $31.2M to $44.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAUBLE 22-29 UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production CAUBLE 22-29 UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAUBLE 22-29 UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does CAUBLE 22-29 UNIT 1 generate in a year?
- CAUBLE 22-29 UNIT 1 is forecast to net about $6.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CAUBLE 22-29 UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Endeavor Energy Resources L.P. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 21340 |
| Wellbores | 5 |
| Reported production | 881,997 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $37.6M |
Where CAUBLE 22-29 UNIT 1 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.