CANON
CANON is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Tsf Operating. It has 4 wellbores on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 311,535 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $12K, with roughly $2K expected over the next twelve months.
| Operator | Tsf Operating |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 36385 |
| Wellbores | 4 |
| Reported production | 311,535 bbl |
| First reported | August 2000 |
| Last reported | August 2026 |
| Estimated royalty value | $12K |
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.