OGLE PLAXCO B
OGLE PLAXCO B is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Canan Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 36,846 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 $17K, with roughly $3K expected over the next twelve months.
| Operator | Canan Operating, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 32588 |
| Wellbores | 1 |
| Reported production | 36,846 bbl |
| First reported | August 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $17K |
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.