CAIN UNIT
CAIN UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Carrizo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 1,268,211 thousand cubic feet. 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 $621K, with roughly $133K 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 3,753 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 10,640 thousand cubic feet. 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 CAIN UNIT
- Who operates CAIN UNIT?
- CAIN UNIT is operated by Carrizo Oil & Gas, Inc., Railroad Commission of Texas operator number 135401.
- Where is CAIN UNIT?
- CAIN UNIT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 249008.
- Is CAIN UNIT still producing?
- CAIN UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CAIN UNIT is August 2026.
- How much has CAIN UNIT produced?
- CAIN UNIT has reported 1,268,211 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is CAIN UNIT worth?
- The remaining production from CAIN UNIT is estimated to be worth about $621K in total as of 27 August 2026, within a range of $515K to $726K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAIN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CAIN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAIN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CAIN UNIT generate in a year?
- CAIN UNIT is forecast to net about $133K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CAIN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo Oil & Gas, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 249008 |
| Wellbores | 1 |
| Reported production | 1,268,211 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $621K |
Where CAIN 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.