CANNON, T. P. GU
CANNON, T. P. GU is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Rusk Energy Management, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2007 to August 2026, totalling 404,751 thousand cubic feet. 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 $97K, with roughly $25K 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 615 thousand cubic feet a month. Its strongest month on the record we hold was November 2023, at 3,147 thousand cubic feet. 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 CANNON, T. P. GU
- Who operates CANNON, T. P. GU?
- CANNON, T. P. GU is operated by Rusk Energy Management, LLC, Railroad Commission of Texas operator number 735147.
- Where is CANNON, T. P. GU?
- CANNON, T. P. GU is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 230646.
- Is CANNON, T. P. GU still producing?
- CANNON, T. P. GU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CANNON, T. P. GU is August 2026.
- How much has CANNON, T. P. GU produced?
- CANNON, T. P. GU has reported 404,751 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is CANNON, T. P. GU worth?
- The remaining production from CANNON, T. P. GU is estimated to be worth about $97K in total as of 26 August 2026, within a range of $76K to $119K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CANNON, T. P. GU is a fraction of it. The estimate fits an Arps decline curve to the production CANNON, T. P. GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CANNON, T. P. GU is an estimate of value, not an offer and not an appraisal.
- How much income does CANNON, T. P. GU generate in a year?
- CANNON, T. P. GU is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CANNON, T. P. GU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rusk Energy Management, LLC |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 230646 |
| Wellbores | 1 |
| Reported production | 404,751 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $97K |
Where CANNON, T. P. GU 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.