CANNING
CANNING is a Texas gas lease in Concho County, Railroad Commission district 7C, operated by Leclair Operating Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 1994 to August 2026, totalling 1,130,556 thousand cubic feet. 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 $59K, with roughly $12K 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 775 thousand cubic feet a month. Its strongest month on the record we hold was March 2026, at 1,606 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CANNING
- Who operates CANNING?
- CANNING is operated by Leclair Operating Co., Inc., Railroad Commission of Texas operator number 493400.
- Where is CANNING?
- CANNING is a Texas gas lease in Concho County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 148799.
- Is CANNING still producing?
- CANNING is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CANNING is August 2026.
- How much has CANNING produced?
- CANNING has reported 1,130,556 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1994 and August 2026, from 1 wellbore.
- How much is CANNING worth?
- The remaining production from CANNING is estimated to be worth about $59K in total as of 27 August 2026, within a range of $46K to $72K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CANNING is a fraction of it. The estimate fits an Arps decline curve to the production CANNING has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CANNING is an estimate of value, not an offer and not an appraisal.
- How much income does CANNING generate in a year?
- CANNING is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CANNING receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Leclair Operating Co., Inc. |
|---|---|
| Field | Selden (Goen Lime "C") |
| County | Concho County, Texas |
| RRC district | 7C |
| Lease number | 148799 |
| Wellbores | 1 |
| Reported production | 1,130,556 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $59K |
Where CANNING 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.