Oil & Gas Property in San Jacinto County, TX
Key data points for Cannon 1
| County | San Jacinto County, TX |
|---|---|
| Production Dates | Nov 2004 - Jan 2024 |
| Total Oil Production | 131,338 BBLs |
| Total Gas Production | 2,580,091 MCF |
| Recent Oil Production | 734 BBLs in Dec 2023 |
| Recent Gas Production | 5,159 MCF in Dec 2023 |
| Wells on Property | 1 |
Our Valuation Estimates for Cannon 1
ShaleAssessment™
$18,334 *
MarketMultiple™
$129,402 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 5 properties to the Cannon 1 property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Allar | San Jacinto County, TX | 670 BBLs | 1,899 MCF | Jan 2024 |
| Hood | San Jacinto County, TX | 156 BBLs | 2,951 MCF | Jan 2024 |
| Ogletree | San Jacinto County, TX | 603 BBLs | 8,125 MCF | Jan 2024 |
| Pelican | Liberty County, TX | 115 BBLs | 0 MCF | Jan 2024 |
| Sanray | San Jacinto County, TX | 444 BBLs | 13,013 MCF | Jan 2024 |
These are the closest 4 companies operating near the Cannon 1 property.
| Company Name |
|---|
| Arcadia Operating, LLC |
| D-Mil Production Inc |
| Famcor Oil, Inc. |
| Resaca Resources, L.L.C. |