CASADY (STRAWN) UNIT
CASADY (STRAWN) UNIT is a Texas oil lease in Taylor County, Railroad Commission district 7B, operated by Ventex Operating Corp. It has 3 wellbores on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 21,739 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 $44K, with roughly $8K 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 12 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was May 2021, at 708 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CASADY (STRAWN) UNIT
- Who operates CASADY (STRAWN) UNIT?
- CASADY (STRAWN) UNIT is operated by Ventex Operating Corp., Railroad Commission of Texas operator number 884527.
- Where is CASADY (STRAWN) UNIT?
- CASADY (STRAWN) UNIT is a Texas oil lease in Taylor County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 30981.
- Is CASADY (STRAWN) UNIT still producing?
- CASADY (STRAWN) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASADY (STRAWN) UNIT is August 2026.
- How much has CASADY (STRAWN) UNIT produced?
- CASADY (STRAWN) UNIT has reported 21,739 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 3 wellbores.
- How much is CASADY (STRAWN) UNIT worth?
- The remaining production from CASADY (STRAWN) UNIT is estimated to be worth about $44K in total as of 26 August 2026, within a range of $24K to $64K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASADY (STRAWN) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CASADY (STRAWN) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASADY (STRAWN) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CASADY (STRAWN) UNIT generate in a year?
- CASADY (STRAWN) UNIT is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CASADY (STRAWN) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ventex Operating Corp. |
|---|---|
| Field | Casady (Strawn) |
| County | Taylor County, Texas |
| RRC district | 7B |
| Lease number | 30981 |
| Wellbores | 3 |
| Reported production | 21,739 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where CASADY (STRAWN) 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.