CASEY
CASEY is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Kennedy & Treadaway. It has 6 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,503 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 $377K, with roughly $72K 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 99 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was March 2021, at 208 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 CASEY
- Who operates CASEY?
- CASEY is operated by Kennedy & Treadaway, Railroad Commission of Texas operator number 456456.
- Where is CASEY?
- CASEY is a Texas oil lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 07202.
- Is CASEY still producing?
- CASEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASEY is August 2026.
- How much has CASEY produced?
- CASEY has reported 36,503 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 6 wellbores.
- How much is CASEY worth?
- The remaining production from CASEY is estimated to be worth about $377K in total as of 26 August 2026, within a range of $207K to $546K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASEY is a fraction of it. The estimate fits an Arps decline curve to the production CASEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASEY is an estimate of value, not an offer and not an appraisal.
- How much income does CASEY generate in a year?
- CASEY is forecast to net about $72K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CASEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kennedy & Treadaway |
|---|---|
| Field | Ward, South |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 07202 |
| Wellbores | 6 |
| Reported production | 36,503 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $377K |
Where CASEY 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.