CADEN

CADEN is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Henry Petroleum LP. It has 16 wellbores on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 1,052,369 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 $287K, with roughly $52K 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 54 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was November 2016, at 2,950 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 CADEN

Who operates CADEN?
CADEN is operated by Henry Petroleum LP, Railroad Commission of Texas operator number 378642.
Where is CADEN?
CADEN is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16569.
Is CADEN still producing?
CADEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CADEN is August 2026.
How much has CADEN produced?
CADEN has reported 1,052,369 barrels of oil (bbl) to the Railroad Commission of Texas between May 2008 and August 2026, from 16 wellbores.
How much is CADEN worth?
The remaining production from CADEN is estimated to be worth about $287K in total as of 26 August 2026, within a range of $158K to $417K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CADEN is a fraction of it. The estimate fits an Arps decline curve to the production CADEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CADEN is an estimate of value, not an offer and not an appraisal.
How much income does CADEN generate in a year?
CADEN is forecast to net about $52K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CADEN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CADEN as filed with the Railroad Commission of Texas
OperatorHenry Petroleum LP
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number16569
Wellbores16
Reported production1,052,369 bbl
First reported
Last reported
Estimated royalty value$287K

Where CADEN 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.