CANNAN

CANNAN is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Patterson Petroleum Lp. It has 1 wellbore on file with the Commission. Reported production runs from January 2006 to August 2026, totalling 728,807 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $156K, with roughly $35K expected over the next twelve months.

OperatorPatterson Petroleum Lp
FieldPearsall (Austin Chalk)
CountyDimmit County, Texas
RRC district01
Lease number14695
Wellbores1
Reported production728,807 bbl
First reportedJanuary 2006
Last reportedAugust 2026
Estimated royalty value$156K

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.