Texas operator · RRC P-5 128979
Canan Operating, Inc.
Canan Operating, Inc. runs 4 producing leases in 2 Texas counties. The Railroad Commission shows 335,315 mcf of gas and 5,242 barrels of oil in the 12 months through Jul 2026.
Operator dossier · 2 counties
- Producing leases
- 4of 12 on record
- Counties
- 2
- Biggest county
- Clay County
- Biggest field
- Newark, East (Barnett Shale)
Get checks from Canan Operating, Inc.?
Upload a royalty check stub or a phone photo. We compare each month with the state numbers for the lease and tell you what to ask.
Where they work
fewermore
- Oil, last 12 months
- 5,242 bbl
- RRC operator no.
- 128979
- Leases on record
- 12
- Data through
- Jul 2026
Production
Five years of Canan Operating, Inc. output
Gas output from Canan Operating, Inc. held steady over the last 12 months
335k mcf in the 12 months through Jul 2026, against 339k mcf in the 12 months before. Peak month: Mar 2026, 38k mcf.
Oil output from Canan Operating, Inc. fell 32% over the last 12 months
5,242 bbl in the 12 months through Jul 2026, against 7,714 bbl in the 12 months before. Peak month: Nov 2022, 2,455 bbl.
SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 128979. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.
Leases
Canan Operating, Inc. leases, biggest first
3,367bbl oil−8% on the year before
77,576mcf gas−21% on the year before
1,028bbl oil−43% on the year before
329bbl oil−14% on the year before
Showing 4 of 4.
SourceTexas Railroad Commission, Production Data Query. Ranked by an approximate value of last-12-month output, so oil and gas wells sort together.
Where they work
Counties and fields where Canan Operating, Inc. produces
Counties, by Canan Operating, Inc. gas
Clay County leads
Fields, by Canan Operating, Inc. gas
Newark, East (Barnett Shale) leads
Recent drilling permits for Canan Operating, Inc.
No recent drilling permits for Canan Operating, Inc. are in our data yet.
How to read the statement
How to read a Canan Operating, Inc. royalty statement
The header: who paid you, and for which check
Look for the payor name, your owner number, the check number and the check date. Keep the owner number: every call or letter to the operator starts with it.
What we knowCanan Operating, Inc. is Railroad Commission operator 128979. The name on your check may be a parent company or a payment subsidiary.
The property line: which lease this is
Each lease you own in gets its own block, named as the operator names it. That name can be shorter than the state's, or carry a suffix such as a well number or unit letter.
What we knowCanan Operating, Inc. runs 4 producing leases across 2 counties, so one check can list many properties. Find yours in the table above by name, or search for the name printed on the stub.
Product and volume: barrels, mcf, and the month
The stub shows the production month (the production month, not the check month), the product and your share of the volume. Divide your volume by your decimal to get the lease total, then compare it with the lease page.
What we knowFor example, open HAPGOOD RANCH, HAPGOOD RANCH or ZINFANDEL and read the “oil sold” and “gas sold” columns.
Price: what the operator says it got
Oil is usually close to the WTI benchmark for the month. Gas prices vary widely: they depend on where the gas is sold and on what the operator subtracts before it reports a price.
What we knowGas is most of what Canan Operating, Inc. reports, so the gas price line, and what was subtracted from it, matters more on its statements than the oil price.
Deductions: gathering, compression, processing
Costs taken after the well. Some leases allow them and some do not; your lease and division order say which. A deduction that appears in one month and not the next is worth a question.
What we knowAbout 100% of the gas Canan Operating, Inc. reported in the last 12 months went straight into pipelines rather than to a processing plant. A processing fee on that gas is worth asking about.
Taxes: severance and ad valorem
Texas severance tax is taken from your share: 4.6% of oil value and 7.5% of gas value at market. Ad valorem tax may also appear. The rate on your stub should match these.
Net: gross, minus deductions and taxes, times your share
Check the arithmetic: volume times price gives gross value, then subtract deductions and taxes. If the net does not match your check, or a month is missing, that is the first thing to ask about.
At a glance
Canan Operating, Inc.
- RRC operator number (P-5)
- 128979
- Producing leases
- 4
- Counties
- 2
- Biggest county
- Clay County
- Oil, last 12 months
- 5,242 bbl
- Gas sent to plants
- 0.0%
- Gas sold to pipelines
- 100%
- Gas flared or vented
- 0.0%
Owner relations
Who to call at Canan Operating, Inc.
We have not yet added Canan Operating, Inc.’s owner relations phone, mailing address or online portal. It is usually printed at the top or bottom of your statement. The Railroad Commission also holds an address for the operator under number 128979.
When there is something to ask