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Texas oil lease

Producing

CADY UNIT

Cady Unit is an oil lease in Montague County, Texas, operated by Stephens & Johnson Operating Co. in the Shirley (Caddo Congl.) field.

7 wells

450bbl oil, last 12 months−3% vs prior year
RRC lease
09-28491

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Where it sits

This county

Montague CountyMontagueClayCookeMontague County
Montague County
Oil in Jul 2026
49 bbl
Reporting since
Jan 2020

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production for CADY UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 450 bbl in the 12 months through Jul 2026, against 462 bbl in the 12 months before.Last 12 months: 450 bblbbl per month020406080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production for CADY UNIT, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 450 bbl in the 12 months through Jul 2026, against 462 bbl in the 12 months before.Last 12 monthsbbl per month020406080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

7 wells on this lease

Wells on CADY UNIT
API numberWell no.Status
42-337-32260201Shut-in
42-337-32346301Active
42-337-32418601Active
42-337-32486402Shut-in
42-337-32487401Active
42-337-32560501Active
42-337-33787302Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sentinel Transportation, LLCOilGathers100Sep 1, 2020–
Targa Midstream Services LLCCasinghead gasBuys100Sep 1, 2020–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Energy Transfer CompanyCasinghead gasBuys100May 1, 2005Sep 1, 2020
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2002Sep 1, 2020

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

547 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • Good to know

    The wells on this lease state different acreage

    The permits state between 40 and 547 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Cady Unit
API numberWell no.Acreson the permit
42-337-33787302547
42-337-32560501135
42-337-32487401147
42-337-32486402147
42-337-3241860140
42-337-3234630140
42-337-32260201467

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for CADY UNIT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202649166$80.46$2.89
Jun 2026390$84.81$3.15
May 2026360$102.13$2.94
Apr 2026350$100.32$2.77
Mar 202645172$91.38$3.04
Feb 2026320$64.51$3.62
Jan 2026410$60.04$7.72
Dec 2025360$57.97$4.26
Nov 2025350$60.06$3.79
Oct 202514167$60.89$3.19
Sep 2025470$63.96$2.97
Aug 2025410$64.86$2.91
Jul 2025330$68.39$3.20
Jun 2025330$68.17$3.02
May 202561172$62.17$3.12
Apr 2025270$63.54$3.42
Mar 2025470$68.24$4.12
Feb 2025440$71.53$4.19
Jan 202545178$75.74$4.13
Dec 2024500$70.12$3.01
Nov 202422165$69.95$2.12
Oct 2024390$71.99$2.20
Sep 2024250$70.24$2.28
Aug 2024360$76.68$1.99
Jul 2024360$81.80$2.07
Jun 2024340$79.77$2.54
May 202432176$80.02$2.12
Apr 2024540$85.35$1.60
Mar 202472166$81.28$1.49
Feb 2024180$77.25$1.72
Jan 2024360$74.15$3.18
Dec 2023360$71.90$2.52
Nov 2023340$77.69$2.71
Oct 2023470$85.64$2.98
Sep 2023340$89.43$2.64
Aug 202336172$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Stephens & Johnson Operating Co. in Montague County

All Stephens & Johnson Operating Co. leases →

Shirley (Caddo Congl.) field

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Leases within 10 km

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