CADDIS
CADDIS is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Burk Royalty Co., Ltd. It has 2 wellbores on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 10,287 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 $570K, with roughly $110K 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 163 barrels a month, about 81 per wellbore. Its strongest month on the record we hold was November 2023, at 1,203 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CADDIS
- Who operates CADDIS?
- CADDIS is operated by Burk Royalty Co., Ltd., Railroad Commission of Texas operator number 108799.
- Where is CADDIS?
- CADDIS is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 34286.
- Is CADDIS still producing?
- CADDIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CADDIS is August 2026.
- How much has CADDIS produced?
- CADDIS has reported 10,287 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 2 wellbores.
- How much is CADDIS worth?
- The remaining production from CADDIS is estimated to be worth about $570K in total as of 26 August 2026, within a range of $445K to $696K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CADDIS is a fraction of it. The estimate fits an Arps decline curve to the production CADDIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CADDIS is an estimate of value, not an offer and not an appraisal.
- How much income does CADDIS generate in a year?
- CADDIS is forecast to net about $110K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CADDIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Co., Ltd. |
|---|---|
| Field | Odell (Canyon SD. 4300) |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 34286 |
| Wellbores | 2 |
| Reported production | 10,287 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $570K |
Where CADDIS 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.