SCHOOL -A-
SCHOOL -A- is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Canan Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 18,929 barrels. The lease is currently producing. 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 $24K, with roughly $5K 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 6 barrels a month. Its strongest month on the record we hold was May 2016, at 69 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SCHOOL -A-
- Who operates SCHOOL -A-?
- SCHOOL -A- is operated by Canan Operating, Inc., Railroad Commission of Texas operator number 128979.
- Where is SCHOOL -A-?
- SCHOOL -A- is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 01196.
- Is SCHOOL -A- still producing?
- SCHOOL -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHOOL -A- is August 2026.
- How much has SCHOOL -A- produced?
- SCHOOL -A- has reported 18,929 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SCHOOL -A- worth?
- The remaining production from SCHOOL -A- is estimated to be worth about $24K in total as of 26 August 2026, within a range of $0 to $49K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHOOL -A- is a fraction of it. The estimate fits an Arps decline curve to the production SCHOOL -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHOOL -A- is an estimate of value, not an offer and not an appraisal.
- How much income does SCHOOL -A- generate in a year?
- SCHOOL -A- is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHOOL -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Canan Operating, Inc. |
|---|---|
| Field | Reno (Strawn 3700 Sand) |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 01196 |
| Wellbores | 1 |
| Reported production | 18,929 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
Where SCHOOL -A- 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.