CANNON
CANNON is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Cope Oil Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 63,211 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 $88, with roughly $17 expected over the next twelve months.
| Operator | Cope Oil Company |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 22382 |
| Wellbores | 3 |
| Reported production | 63,211 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $88 |
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.