CANSLER
CANSLER is a Texas oil lease in Rusk County, Railroad Commission district 6E, operated by Phillips Petroleum Company. It has 9 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 153,643 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 $1.1M, with roughly $256K 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 363 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was June 2024, at 416 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 CANSLER
- Who operates CANSLER?
- CANSLER is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is CANSLER?
- CANSLER is a Texas oil lease in Rusk County, Texas, in Railroad Commission district 6E. Its Railroad Commission lease number is 06644.
- Is CANSLER still producing?
- CANSLER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CANSLER is August 2026.
- How much has CANSLER produced?
- CANSLER has reported 153,643 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 9 wellbores.
- How much is CANSLER worth?
- The remaining production from CANSLER is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $889K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CANSLER is a fraction of it. The estimate fits an Arps decline curve to the production CANSLER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CANSLER is an estimate of value, not an offer and not an appraisal.
- How much income does CANSLER generate in a year?
- CANSLER is forecast to net about $256K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CANSLER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | East Texas |
| County | Rusk County, Texas |
| RRC district | 6E |
| Lease number | 06644 |
| Wellbores | 9 |
| Reported production | 153,643 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where CANSLER 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.