PARDUE (CANYON SAND) UNIT
PARDUE (CANYON SAND) UNIT is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Merit Energy Company. It has 37 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 180,648 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 $576K, with roughly $111K 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 170 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was July 2019, at 1,542 barrels. 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 PARDUE (CANYON SAND) UNIT
- Who operates PARDUE (CANYON SAND) UNIT?
- PARDUE (CANYON SAND) UNIT is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is PARDUE (CANYON SAND) UNIT?
- PARDUE (CANYON SAND) UNIT is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 15178.
- Is PARDUE (CANYON SAND) UNIT still producing?
- PARDUE (CANYON SAND) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARDUE (CANYON SAND) UNIT is August 2026.
- How much has PARDUE (CANYON SAND) UNIT produced?
- PARDUE (CANYON SAND) UNIT has reported 180,648 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 37 wellbores.
- How much is PARDUE (CANYON SAND) UNIT worth?
- The remaining production from PARDUE (CANYON SAND) UNIT is estimated to be worth about $576K in total as of 27 August 2026, within a range of $449K to $703K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARDUE (CANYON SAND) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PARDUE (CANYON SAND) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARDUE (CANYON SAND) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PARDUE (CANYON SAND) UNIT generate in a year?
- PARDUE (CANYON SAND) UNIT is forecast to net about $111K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARDUE (CANYON SAND) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Pardue (Canyon) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 15178 |
| Wellbores | 37 |
| Reported production | 180,648 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $576K |
Where PARDUE (CANYON SAND) UNIT 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.