PRUETT
PRUETT is a Texas oil lease in Denton County, Railroad Commission district 09, operated by Canyon Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 16,676 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 $909K, with roughly $124K 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 36 barrels a month. Its strongest month on the record we hold was May 2016, 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 PRUETT
- Who operates PRUETT?
- PRUETT is operated by Canyon Operating, LLC, Railroad Commission of Texas operator number 129966.
- Where is PRUETT?
- PRUETT is a Texas oil lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33345.
- Is PRUETT still producing?
- PRUETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRUETT is August 2026.
- How much has PRUETT produced?
- PRUETT has reported 16,676 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 1 wellbore.
- How much is PRUETT worth?
- The remaining production from PRUETT is estimated to be worth about $909K in total as of 26 August 2026, within a range of $500K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRUETT is a fraction of it. The estimate fits an Arps decline curve to the production PRUETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRUETT is an estimate of value, not an offer and not an appraisal.
- How much income does PRUETT generate in a year?
- PRUETT is forecast to net about $124K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PRUETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Canyon Operating, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 33345 |
| Wellbores | 1 |
| Reported production | 16,676 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $909K |
Where PRUETT 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.