BLACK CADDO UNIT
BLACK CADDO UNIT is a Texas oil lease in Stephens County, Railroad Commission district 7B, operated by Statex Petroleum Inc. It has 97 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,335,366 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 $126K, with roughly $96K 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 400 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was May 2016, at 4,151 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 BLACK CADDO UNIT
- Who operates BLACK CADDO UNIT?
- BLACK CADDO UNIT is operated by Statex Petroleum Inc., Railroad Commission of Texas operator number 816120.
- Where is BLACK CADDO UNIT?
- BLACK CADDO UNIT is a Texas oil lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 25835.
- Is BLACK CADDO UNIT still producing?
- BLACK CADDO UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACK CADDO UNIT is August 2026.
- How much has BLACK CADDO UNIT produced?
- BLACK CADDO UNIT has reported 2,335,366 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 97 wellbores.
- How much is BLACK CADDO UNIT worth?
- The remaining production from BLACK CADDO UNIT is estimated to be worth about $126K in total as of 26 August 2026, within a range of $99K to $154K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACK CADDO UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLACK CADDO UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACK CADDO UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BLACK CADDO UNIT generate in a year?
- BLACK CADDO UNIT is forecast to net about $96K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLACK CADDO UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Statex Petroleum Inc. |
|---|---|
| Field | Stephens County Regular |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 25835 |
| Wellbores | 97 |
| Reported production | 2,335,366 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $126K |
Where BLACK CADDO UNIT 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.