SCHOOL
SCHOOL is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Canan Operating, Inc. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 37,439 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 $187K, with roughly $36K 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 49 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was February 2020, at 175 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 SCHOOL
- Who operates SCHOOL?
- SCHOOL is operated by Canan Operating, Inc., Railroad Commission of Texas operator number 128979.
- Where is SCHOOL?
- SCHOOL is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 17872.
- Is SCHOOL still producing?
- SCHOOL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCHOOL is August 2026.
- How much has SCHOOL produced?
- SCHOOL has reported 37,439 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is SCHOOL worth?
- The remaining production from SCHOOL is estimated to be worth about $187K in total as of 26 August 2026, within a range of $103K to $271K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCHOOL is a fraction of it. The estimate fits an Arps decline curve to the production SCHOOL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCHOOL is an estimate of value, not an offer and not an appraisal.
- How much income does SCHOOL generate in a year?
- SCHOOL is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCHOOL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Canan Operating, Inc. |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 17872 |
| Wellbores | 3 |
| Reported production | 37,439 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $187K |
Where SCHOOL 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.