BLUE MARLIN STATE
BLUE MARLIN STATE is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2021 to August 2026, totalling 2,573,104 thousand cubic feet. 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 $15.7M, with roughly $3.3M 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 33,657 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 146,561 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BLUE MARLIN STATE
- Who operates BLUE MARLIN STATE?
- BLUE MARLIN STATE is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is BLUE MARLIN STATE?
- BLUE MARLIN STATE is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 291241.
- Is BLUE MARLIN STATE still producing?
- BLUE MARLIN STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLUE MARLIN STATE is August 2026.
- How much has BLUE MARLIN STATE produced?
- BLUE MARLIN STATE has reported 2,573,104 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2021 and August 2026, from 1 wellbore.
- How much is BLUE MARLIN STATE worth?
- The remaining production from BLUE MARLIN STATE is estimated to be worth about $15.7M in total as of 26 August 2026, within a range of $12.9M to $18.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLUE MARLIN STATE is a fraction of it. The estimate fits an Arps decline curve to the production BLUE MARLIN STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLUE MARLIN STATE is an estimate of value, not an offer and not an appraisal.
- How much income does BLUE MARLIN STATE generate in a year?
- BLUE MARLIN STATE is forecast to net about $3.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLUE MARLIN STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 291241 |
| Wellbores | 1 |
| Reported production | 2,573,104 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.7M |
Where BLUE MARLIN STATE 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.