GARVEY
GARVEY is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Blakenergy Operating, LLC. It has 5 wellbores on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 488 barrels. The lease is intermittent. 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 $8K, with roughly $2K 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 5 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was April 2017, at 46 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GARVEY
- Who operates GARVEY?
- GARVEY is operated by Blakenergy Operating, LLC, Railroad Commission of Texas operator number 074563.
- Where is GARVEY?
- GARVEY is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33460.
- Is GARVEY still producing?
- GARVEY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GARVEY is August 2026.
- How much has GARVEY produced?
- GARVEY has reported 488 barrels of oil (bbl) to the Railroad Commission of Texas between January 2016 and August 2026, from 5 wellbores.
- How much is GARVEY worth?
- The remaining production from GARVEY is estimated to be worth about $8K in total as of 27 August 2026, within a range of $0 to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARVEY is a fraction of it. The estimate fits an Arps decline curve to the production GARVEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARVEY is an estimate of value, not an offer and not an appraisal.
- How much income does GARVEY generate in a year?
- GARVEY is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARVEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Blakenergy Operating, LLC |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 33460 |
| Wellbores | 5 |
| Reported production | 488 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where GARVEY 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.