BLUE SKY UNIT #1

BLUE SKY UNIT #1 is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Texcel Exploration, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 37,699 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 $748K, with roughly $189K 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 257 barrels a month. Its strongest month on the record we hold was September 2019, at 1,673 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 BLUE SKY UNIT #1

Who operates BLUE SKY UNIT #1?
BLUE SKY UNIT #1 is operated by Texcel Exploration, Inc., Railroad Commission of Texas operator number 844153.
Where is BLUE SKY UNIT #1?
BLUE SKY UNIT #1 is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33945.
Is BLUE SKY UNIT #1 still producing?
BLUE SKY UNIT #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLUE SKY UNIT #1 is August 2026.
How much has BLUE SKY UNIT #1 produced?
BLUE SKY UNIT #1 has reported 37,699 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
How much is BLUE SKY UNIT #1 worth?
The remaining production from BLUE SKY UNIT #1 is estimated to be worth about $748K in total as of 26 August 2026, within a range of $583K to $913K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLUE SKY UNIT #1 is a fraction of it. The estimate fits an Arps decline curve to the production BLUE SKY UNIT #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLUE SKY UNIT #1 is an estimate of value, not an offer and not an appraisal.
How much income does BLUE SKY UNIT #1 generate in a year?
BLUE SKY UNIT #1 is forecast to net about $189K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BLUE SKY UNIT #1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BLUE SKY UNIT #1 as filed with the Railroad Commission of Texas
OperatorTexcel Exploration, Inc.
FieldSouthmayd, North (Baker-Viola)
CountyGrayson County, Texas
RRC district09
Lease number33945
Wellbores1
Reported production37,699 bbl
First reported
Last reported
Estimated royalty value$748K

Where BLUE SKY UNIT #1 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.