CANNON MICHAEL
CANNON MICHAEL is a Texas oil lease in Milam County, Railroad Commission district 03, operated by Treadstone Energy Prtnr Op, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 154,893 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 $2.2M, with roughly $628K 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 907 barrels a month. Its strongest month on the record we hold was March 2021, at 27,542 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 CANNON MICHAEL
- Who operates CANNON MICHAEL?
- CANNON MICHAEL is operated by Treadstone Energy Prtnr Op, LLC, Railroad Commission of Texas operator number 866905.
- Where is CANNON MICHAEL?
- CANNON MICHAEL is a Texas oil lease in Milam County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27820.
- Is CANNON MICHAEL still producing?
- CANNON MICHAEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CANNON MICHAEL is August 2026.
- How much has CANNON MICHAEL produced?
- CANNON MICHAEL has reported 154,893 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is CANNON MICHAEL worth?
- The remaining production from CANNON MICHAEL is estimated to be worth about $2.2M in total as of 27 August 2026, within a range of $1.7M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CANNON MICHAEL is a fraction of it. The estimate fits an Arps decline curve to the production CANNON MICHAEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CANNON MICHAEL is an estimate of value, not an offer and not an appraisal.
- How much income does CANNON MICHAEL generate in a year?
- CANNON MICHAEL is forecast to net about $628K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CANNON MICHAEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Treadstone Energy Prtnr Op, LLC |
|---|---|
| Field | Giddings (Eagleford) |
| County | Milam County, Texas |
| RRC district | 03 |
| Lease number | 27820 |
| Wellbores | 1 |
| Reported production | 154,893 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where CANNON MICHAEL 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.