ADAMS-PRATHER B
ADAMS-PRATHER B is a Texas oil lease in Montague County, Railroad Commission district 09, operated by Canan Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 33,648 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 $364K, with roughly $70K 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 69 barrels a month. Its strongest month on the record we hold was March 2026, at 368 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 ADAMS-PRATHER B
- Who operates ADAMS-PRATHER B?
- ADAMS-PRATHER B is operated by Canan Operating, Inc., Railroad Commission of Texas operator number 128979.
- Where is ADAMS-PRATHER B?
- ADAMS-PRATHER B is a Texas oil lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32590.
- Is ADAMS-PRATHER B still producing?
- ADAMS-PRATHER B is intermittent. The most recent month of production reported to the Railroad Commission of Texas for ADAMS-PRATHER B is August 2026.
- How much has ADAMS-PRATHER B produced?
- ADAMS-PRATHER B has reported 33,648 barrels of oil (bbl) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is ADAMS-PRATHER B worth?
- The remaining production from ADAMS-PRATHER B is estimated to be worth about $364K in total as of 26 August 2026, within a range of $200K to $527K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ADAMS-PRATHER B is a fraction of it. The estimate fits an Arps decline curve to the production ADAMS-PRATHER B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ADAMS-PRATHER B is an estimate of value, not an offer and not an appraisal.
- How much income does ADAMS-PRATHER B generate in a year?
- ADAMS-PRATHER B is forecast to net about $70K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ADAMS-PRATHER B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Canan Operating, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 32590 |
| Wellbores | 1 |
| Reported production | 33,648 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $364K |
Where ADAMS-PRATHER B 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.