BLACKBURN
BLACKBURN is a Texas oil lease in Goliad County, Railroad Commission district 02, operated by Fina Oil & Chemical Company. It has 18 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 300,379 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 $537K, with roughly $103K 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 176 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was July 2017, at 740 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 BLACKBURN
- Who operates BLACKBURN?
- BLACKBURN is operated by Fina Oil & Chemical Company, Railroad Commission of Texas operator number 268321.
- Where is BLACKBURN?
- BLACKBURN is a Texas oil lease in Goliad County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 00055.
- Is BLACKBURN still producing?
- BLACKBURN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLACKBURN is August 2026.
- How much has BLACKBURN produced?
- BLACKBURN has reported 300,379 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 18 wellbores.
- How much is BLACKBURN worth?
- The remaining production from BLACKBURN is estimated to be worth about $537K in total as of 27 August 2026, within a range of $419K to $655K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLACKBURN is a fraction of it. The estimate fits an Arps decline curve to the production BLACKBURN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLACKBURN is an estimate of value, not an offer and not an appraisal.
- How much income does BLACKBURN generate in a year?
- BLACKBURN is forecast to net about $103K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLACKBURN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fina Oil & Chemical Company |
|---|---|
| Field | Berclair (Vicksburg) |
| County | Goliad County, Texas |
| RRC district | 02 |
| Lease number | 00055 |
| Wellbores | 18 |
| Reported production | 300,379 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $537K |
Where BLACKBURN 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.