CANNONADE SPRINGS UNIT
CANNONADE SPRINGS UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Penn Virginia Oil & Gas, L.P. It has 2 wellbores on file with the Commission. Reported production runs from November 2019 to August 2026, totalling 460,143 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 $102K, with roughly $32K expected over the next twelve months.
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 20065 |
| Wellbores | 2 |
| Reported production | 460,143 bbl |
| First reported | November 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $102K |
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.