BLAKE
BLAKE is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Kirkpatrick Oil & Gas Co. It has 11 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 179,839 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 $1.3M, with roughly $326K 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 467 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was July 2023, at 807 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 BLAKE
- Who operates BLAKE?
- BLAKE is operated by Kirkpatrick Oil & Gas Co., Railroad Commission of Texas operator number 468900.
- Where is BLAKE?
- BLAKE is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00207.
- 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 179,839 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 11 wellbores.
- How much is BLAKE worth?
- The remaining production from BLAKE is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. 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 $326K 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 | Kirkpatrick Oil & Gas Co. |
|---|---|
| Field | Panhandle Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00207 |
| Wellbores | 11 |
| Reported production | 179,839 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
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.