CANNON, J. C.
CANNON, J. C. is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by T. & O.Drlg.Co. & Brownlow,Leroy. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 16,875 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 $8K, with roughly $2K expected over the next twelve months.
| Operator | T. & O.Drlg.Co. & Brownlow,Leroy |
|---|---|
| Field | Cannon (3140) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 12769 |
| Wellbores | 2 |
| Reported production | 16,875 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $8K |
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.