BLAKENEY
BLAKENEY is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Phillips Petroleum Company. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 553,013 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 $2.1M, with roughly $601K 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 901 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was August 2016, at 3,435 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 BLAKENEY
- Who operates BLAKENEY?
- BLAKENEY is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is BLAKENEY?
- BLAKENEY is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 02122.
- Is BLAKENEY still producing?
- BLAKENEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLAKENEY is August 2026.
- How much has BLAKENEY produced?
- BLAKENEY has reported 553,013 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 16 wellbores.
- How much is BLAKENEY worth?
- The remaining production from BLAKENEY is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.6M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLAKENEY is a fraction of it. The estimate fits an Arps decline curve to the production BLAKENEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLAKENEY is an estimate of value, not an offer and not an appraisal.
- How much income does BLAKENEY generate in a year?
- BLAKENEY is forecast to net about $601K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLAKENEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Goldsmith (Clear Fork) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 02122 |
| Wellbores | 16 |
| Reported production | 553,013 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where BLAKENEY 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.