BLOCK 31 UNIT
BLOCK 31 UNIT is a Texas oil lease in Crane County, Railroad Commission district 08, operated by Arco Oil & Gas Co. It has 330 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,156,233 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $809K, with roughly $187K expected over the next twelve months.
| Operator | Arco Oil & Gas Co. |
|---|---|
| Field | Block 31 (Devonian) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 00442 |
| Wellbores | 330 |
| Reported production | 15,156,233 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $809K |
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.