CANON -63A-
CANON -63A- is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by PG&E Resources Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 213,330 barrels. The lease is intermittent. 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 $529K, with roughly $120K 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 168 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was June 2017, at 3,731 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 CANON -63A-
- Who operates CANON -63A-?
- CANON -63A- is operated by PG&E Resources Company, Railroad Commission of Texas operator number 630794.
- Where is CANON -63A-?
- CANON -63A- is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28695.
- Is CANON -63A- still producing?
- CANON -63A- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CANON -63A- is August 2026.
- How much has CANON -63A- produced?
- CANON -63A- has reported 213,330 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is CANON -63A- worth?
- The remaining production from CANON -63A- is estimated to be worth about $529K in total as of 26 August 2026, within a range of $413K to $646K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CANON -63A- is a fraction of it. The estimate fits an Arps decline curve to the production CANON -63A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CANON -63A- is an estimate of value, not an offer and not an appraisal.
- How much income does CANON -63A- generate in a year?
- CANON -63A- is forecast to net about $120K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CANON -63A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | PG&E Resources Company |
|---|---|
| Field | Yucca Butte, W(Strawn) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 28695 |
| Wellbores | 3 |
| Reported production | 213,330 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $529K |
Where CANON -63A- 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.