CANNONADE RANCH SOUTH UNIT NO. 1
CANNONADE RANCH SOUTH UNIT NO. 1 is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Baytex Energy USA, Inc. It has 3 wellbores on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 405,247 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 $830K, with roughly $246K 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 398 barrels a month, about 133 per wellbore. Its strongest month on the record we hold was June 2020, at 3,452 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 CANNONADE RANCH SOUTH UNIT NO. 1
- Who operates CANNONADE RANCH SOUTH UNIT NO. 1?
- CANNONADE RANCH SOUTH UNIT NO. 1 is operated by Baytex Energy USA, Inc., Railroad Commission of Texas operator number 101444.
- Where is CANNONADE RANCH SOUTH UNIT NO. 1?
- CANNONADE RANCH SOUTH UNIT NO. 1 is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18153.
- Is CANNONADE RANCH SOUTH UNIT NO. 1 still producing?
- CANNONADE RANCH SOUTH UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CANNONADE RANCH SOUTH UNIT NO. 1 is August 2026.
- How much has CANNONADE RANCH SOUTH UNIT NO. 1 produced?
- CANNONADE RANCH SOUTH UNIT NO. 1 has reported 405,247 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 3 wellbores.
- How much is CANNONADE RANCH SOUTH UNIT NO. 1 worth?
- The remaining production from CANNONADE RANCH SOUTH UNIT NO. 1 is estimated to be worth about $830K in total as of 26 August 2026, within a range of $648K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CANNONADE RANCH SOUTH UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production CANNONADE RANCH SOUTH UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CANNONADE RANCH SOUTH UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does CANNONADE RANCH SOUTH UNIT NO. 1 generate in a year?
- CANNONADE RANCH SOUTH UNIT NO. 1 is forecast to net about $246K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CANNONADE RANCH SOUTH UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Baytex Energy USA, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 18153 |
| Wellbores | 3 |
| Reported production | 405,247 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $830K |
Where CANNONADE RANCH SOUTH UNIT NO. 1 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.