BLOCK 11 DEVONIAN UNIT

BLOCK 11 DEVONIAN UNIT is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Phillips Petroleum Company. It has 48 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,659,594 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 $794K, with roughly $152K 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 199 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was June 2016, at 2,521 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 BLOCK 11 DEVONIAN UNIT

Who operates BLOCK 11 DEVONIAN UNIT?
BLOCK 11 DEVONIAN UNIT is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
Where is BLOCK 11 DEVONIAN UNIT?
BLOCK 11 DEVONIAN UNIT is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20149.
Is BLOCK 11 DEVONIAN UNIT still producing?
BLOCK 11 DEVONIAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLOCK 11 DEVONIAN UNIT is August 2026.
How much has BLOCK 11 DEVONIAN UNIT produced?
BLOCK 11 DEVONIAN UNIT has reported 1,659,594 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 48 wellbores.
How much is BLOCK 11 DEVONIAN UNIT worth?
The remaining production from BLOCK 11 DEVONIAN UNIT is estimated to be worth about $794K in total as of 27 August 2026, within a range of $619K to $969K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLOCK 11 DEVONIAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLOCK 11 DEVONIAN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLOCK 11 DEVONIAN UNIT is an estimate of value, not an offer and not an appraisal.
How much income does BLOCK 11 DEVONIAN UNIT generate in a year?
BLOCK 11 DEVONIAN UNIT is forecast to net about $152K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLOCK 11 DEVONIAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BLOCK 11 DEVONIAN UNIT as filed with the Railroad Commission of Texas
OperatorPhillips Petroleum Company
FieldBlock 11 (Devonian)
CountyAndrews County, Texas
RRC district08
Lease number20149
Wellbores48
Reported production1,659,594 bbl
First reported
Last reported
Estimated royalty value$794K

Where BLOCK 11 DEVONIAN UNIT 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.