BLAKELY -C-
BLAKELY -C- is a Texas oil lease in Fort Bend County, Railroad Commission district 03, operated by Mercantile Oil & Gas Prod. Corp. It has 47 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 353,605 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 $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 3 barrels a month. Its strongest month on the record we hold was November 2018, at 5,865 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 BLAKELY -C-
- Who operates BLAKELY -C-?
- BLAKELY -C- is operated by Mercantile Oil & Gas Prod. Corp., Railroad Commission of Texas operator number 559735.
- Where is BLAKELY -C-?
- BLAKELY -C- is a Texas oil lease in Fort Bend County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 06492.
- Is BLAKELY -C- still producing?
- BLAKELY -C- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLAKELY -C- is August 2026.
- How much has BLAKELY -C- produced?
- BLAKELY -C- has reported 353,605 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 47 wellbores.
- How much is BLAKELY -C- worth?
- The remaining production from BLAKELY -C- is estimated to be worth about $8K in total as of 26 August 2026, within a range of $0 to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLAKELY -C- is a fraction of it. The estimate fits an Arps decline curve to the production BLAKELY -C- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLAKELY -C- is an estimate of value, not an offer and not an appraisal.
- How much income does BLAKELY -C- generate in a year?
- BLAKELY -C- is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLAKELY -C- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mercantile Oil & Gas Prod. Corp. |
|---|---|
| Field | Blue Ridge |
| County | Fort Bend County, Texas |
| RRC district | 03 |
| Lease number | 06492 |
| Wellbores | 47 |
| Reported production | 353,605 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where BLAKELY -C- 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.