CAL-MON
CAL-MON is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Pitts Energy Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 90,345 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 $654K, with roughly $122K 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 83 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was July 2022, at 259 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 CAL-MON
- Who operates CAL-MON?
- CAL-MON is operated by Pitts Energy Co., Railroad Commission of Texas operator number 666430.
- Where is CAL-MON?
- CAL-MON is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 30109.
- Is CAL-MON still producing?
- CAL-MON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAL-MON is August 2026.
- How much has CAL-MON produced?
- CAL-MON has reported 90,345 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is CAL-MON worth?
- The remaining production from CAL-MON is estimated to be worth about $654K in total as of 26 August 2026, within a range of $360K to $948K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAL-MON is a fraction of it. The estimate fits an Arps decline curve to the production CAL-MON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAL-MON is an estimate of value, not an offer and not an appraisal.
- How much income does CAL-MON generate in a year?
- CAL-MON is forecast to net about $122K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CAL-MON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pitts Energy Co. |
|---|---|
| Field | Scott (Delaware) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 30109 |
| Wellbores | 2 |
| Reported production | 90,345 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $654K |
Where CAL-MON 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.