BLAKE
BLAKE is a Texas oil lease in Cochran County, Railroad Commission district 8A, operated by Draco Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 1993 to August 2026, totalling 30,681 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 $123K, with roughly $24K 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 32 barrels a month. Its strongest month on the record we hold was March 2024, at 115 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BLAKE
- Who operates BLAKE?
- BLAKE is operated by Draco Energy, Inc., Railroad Commission of Texas operator number 227845.
- Where is BLAKE?
- BLAKE is a Texas oil lease in Cochran County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67116.
- Is BLAKE still producing?
- BLAKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLAKE is August 2026.
- How much has BLAKE produced?
- BLAKE has reported 30,681 barrels of oil (bbl) to the Railroad Commission of Texas between July 1993 and August 2026, from 1 wellbore.
- How much is BLAKE worth?
- The remaining production from BLAKE is estimated to be worth about $123K in total as of 26 August 2026, within a range of $68K to $178K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLAKE is a fraction of it. The estimate fits an Arps decline curve to the production BLAKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLAKE is an estimate of value, not an offer and not an appraisal.
- How much income does BLAKE generate in a year?
- BLAKE is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLAKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Draco Energy, Inc. |
|---|---|
| Field | Bonanza, East (San Andres) |
| County | Cochran County, Texas |
| RRC district | 8A |
| Lease number | 67116 |
| Wellbores | 1 |
| Reported production | 30,681 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where BLAKE 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.