SCALING
SCALING 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 April 2009 to August 2026, totalling 69,775 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 $2.1M, with roughly $281K 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 61 barrels a month. Its strongest month on the record we hold was August 2017, at 295 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 SCALING
- Who operates SCALING?
- SCALING is operated by Canan Operating, Inc., Railroad Commission of Texas operator number 128979.
- Where is SCALING?
- SCALING is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 31473.
- Is SCALING still producing?
- SCALING is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SCALING is August 2026.
- How much has SCALING produced?
- SCALING has reported 69,775 barrels of oil (bbl) to the Railroad Commission of Texas between April 2009 and August 2026, from 1 wellbore.
- How much is SCALING worth?
- The remaining production from SCALING is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.2M to $3.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SCALING is a fraction of it. The estimate fits an Arps decline curve to the production SCALING has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SCALING is an estimate of value, not an offer and not an appraisal.
- How much income does SCALING generate in a year?
- SCALING is forecast to net about $281K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SCALING receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Canan Operating, Inc. |
|---|---|
| Field | ST. Jo Ridge (Barnett Shale) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 31473 |
| Wellbores | 1 |
| Reported production | 69,775 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where SCALING 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.